Text Size   - | +

(February 26, 2020)

It’s a great time to be downtown.

Construction is beginning on The Mercantile, the $500 million development on the Conagra campus.

“Today, we recognize, and welcome change, important change on this campus,” said Mayor Jean Stothert. “The Mercantile will be an excellent neighbor to the new riverfront parks now under construction and  provides an opportunity to expand riverfront development further south. 

The Mercantile’s first phase of construction on the north side of the campus at 10th and Farnam includes 375 apartments with ground floor retail and amenities including bike storage, co-working space, fitness center, media and game lounge, an outdoor pool, grills and a pet spa. 

Harney Street will be extended two blocks east of 10th Street to create a pedestrian plaza connecting to the Old Market.

Next phases include a hotel, offices and additional residential.

“A transformational project is successful when everyone works together to make our community successful,” said Mark Warner, Conagra's Senior Vice-President of Finance.

“This has been a lengthy, thoughtful, journey to create a mixed use pedestrian friendly development,” said Brad Siderwell, Managing Director at Hines. “We saw the opportunity to create a city-defining project that will last decades into the future.”

The first phase of construction is scheduled to be completed in 2023.

“We are able to achieve our goals together through our partnerships, said Mayor Stothert. Thank you to Conagra Brands and Hines for your support of the new downtown Omaha we are changing together. It’s a great time to be downtown!”