OmahaRiverFront.com
Today is
Welcome Aboard!
HOME ARCHIVES PHOTOS BOATS FOR SALE VACATION RENTALS ADVERTISE
List Boat or Watercraft for Sale
List Vacation Rental Property
Advertise on this web site!
Weather
Contact us

OmahaRiverFront.com - RIVER NEWS
Plans for Bluffs riverfront development canceled
 RELATED ARTICLES and LINKS
ARTICLE 11/25/02 - 'One Renaissance Center' will be gateway to Bluffs
ARTICLE 11/17/03 - Council Bluffs plans for their own Riverfront Development

Nancy Neurohr
OmahaRiverFront.com

published:9/22/2004

As Omaha  plans for the development of a large condominium and townhouse complex on the riverfront, officials in Council Bluffs announced similar plans on the opposite side of the river have more or less fallen through the cracks.

Developers of the proposed One Renaissance Center complex failed to provide proof  they could finance the $72 million project. The DLR Group and Signa Development Services had been
Artist's rendering of the proposed twin condominium towers that were to be the centerpiece of the now defunct 'One Renaissance Center'. Artist's rendering of the proposed twin condominium towers that were to be the centerpiece of the now defunct 'One Renaissance Center'.
working on financing with American Invsco, a Chicago luxury condominium developer, but missed an August 23rd deadline given to them by the city.

The planned community, which included both condos and apartments, had billed itself as "the Omaha area's most luxurious option for urban living". Initial plans called for it to cover 13 acres of Playland Park north of Interstate 480, making it the largest residential development in the metropolitan area's downtown and riverfront zones.

It now looks as if Omaha itself will be able to make that claim. Four condo projects are currently under development in downtown and development plans were recently announced for Riverfront Place that will be built just south of Gallup University.

Developers for One Renaissance Center had already purchased park property for the project from Council Bluffs but the agreement was written so that the city would have the option of buying it back for the original purchase price of $500,000. A grant application has already been submitted to the Iowa West Foundation to buy back the property and create a development plan for the land.

Bluffs officials say access for the general public should be a high priority and they would like to incorporate more green space into any riverfront plans. The proposed pedestrian bridge across the Missouri River is still planned to anchor on this property so recreation should be a consideration as well as commercial uses. OmahaRiverFront.com - An On-Line Resource for River News, Information, Resources, Recreation and Travel

CLICK HERE FOR PRINTABLE VERSION!

Comments from Readers

No comments at this time.
 

Submit comments about this article! Article Comment Submission Form
Please submit your comments! Submissions must be approved and may be edited for proper content. Note: All information on this form is required.
Name:
E-Mail:
Message:
  
 
TOP OF PAGE
HOME bul ARCHIVES bul BOATS FOR SALE bul VACATION RENTALS bul WEATHER bul ADVERTISE bul CONTACT US
Copyright © 2001-2004 OmahaRiverFront.com, All Rights Reserved.
Terms of Service    Privacy Policy   Send questions and comments to The Webmaster

 
Last updated: Wednesday, September 22, 2004 12:24:59 PM