Recent Developments in the Omaha Area

Here in Omaha, a large amount of commercial buildings have been going up. There are millions of square feet of space available for lease, yet only a calling for around 35% of that. As the interest rates were falling in the last few years, more and more properties were springing up. Several new buildings have been under construction in West Omaha around Dodge Street, and it's interesting considering that there isn't a particular demand for Leased Space as it is. The competition for the Commercial Landlords has become intense, and forced them to investigate ways of enticing new companies into their spaces. High-tech and state-of-the-art are the only ways to draw people near, assuming the price is right.

The places here in Omaha are not as expensive as it could be, either. Another huge pull to the bustling Nebraska City is the cost of living. In Omaha it takes about 1/3 as much the annual income to live comparably in a bigger city such as Los Angeles or New York City. Between this and the rather disproportionate business diversity (for a city of its size), the draw to commercial business developments is quite clear.