Developers are proposing a new midtown Omaha apartment building that would be split between long-term renters and short-term rentals booked on a nightly basis via an online booking site.
The single four-story apartment building, called Leavenworth Lofts, is set to rise near 36th and Leavenworth Streets.
Half the building’s 24 market-rate units — a mix of studios and one bedrooms — would be leased on a per-night basis via the online booking website, Vrbo.
Studio units are 595 square feet with monthly rent set at $1,250. Three of the six studios would be rented on Vrbo for $140 per night.
One-bedroom units are 875 square feet with monthly rent set at $1,795. Nine of the 18 one-bedroom units would be rented on Vrbo at $150 per night.
Officials with the development said they envisioned the Vrbo rentals being used by traveling nurses or visitors to the Nebraska Medical Center, as well as by out-of-towners here for the annual Berkshire Hathaway shareholders meeting or other large events.
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In addition to a parking structure, the building also would offer a rooftop deck, workout facility, dog run and other amenities.
Officials expect construction to begin in June with the project finished in May 2024.
The project is expected to cost about $7.6 million, with developers asking for about $900,000 in tax-increment financing.
Tax-increment financing, or TIF, allows developers to take out a loan to cover eligible redevelopment expenses in areas deemed blighted. The loan is paid back, generally over a 15- to 20-year period, by using the increased property taxes that are generated on a new development.
The Omaha Planning Board recommended approval of the building at its Wednesday meeting. The item will go before the Omaha City Council for final approval.
Our best Omaha staff photos & videos of February 2023
Swimmers take off in the boys 400 yard freestyle relay in the NSAA state swimming championship finals in Lincoln on Saturday.
Snow still covers fields as the sun starts to set near Wynot, Nebraska on Thursday.
Sutherland's Grady Dempcy is introduced before he takes on David City Aquinas's Grady Romshek for the Class D during the state final 106 pound match on Saturday.
Millard South's Miles Anderson, left, walks away after pinning Lincoln East's Joshua Shaner during the Class A state final 126 pound match on Saturday.
Omaha's Ty Mueller gets a first-half shot past Colorado College goalie Kaidan Mbereko's left hand in the first period to put UNO up 1-0 on Friday. Also on the play is Colorado College's Noah Laba, top right, and Nicklas Andrews, bottom left.
Maria Sosa teaches a Folklórico class at the Hispanic Arts Center inside the former Center Theater located at 3504 Center Street on Tuesday.
A pedestrian crosses east on 13th Street at Harney Street during a winter storm on Thursday.
Wisner-Pilger fans cheer on a wrestler in the NSAA State Wrestling championships in Omaha on Thursday.
A pedestrian crosses west on 17th Street at Douglas Street in the rain on Tuesday.
Haley Quall, right, and Lisa Mueller prepare flower arrangements for Valentine's Day in the greenhouse at Janousek Florist in Omaha on Monday. The family-owned florist expects to have about 700 orders for the holiday.
Creighton's Shereef Mitchell (4) walks off the court with head coach Greg McDermott following the UConn vs. Creighton men's basketball game in Omaha on Saturday. Creighton won the game 56-53.
Victor Benjamin shapes clay in his hand as he works on a sculpture of Chief Big Elk at the KANEKO on Wednesday.
People watch as Victor Benjamin works on a sculpture of Chief Big Elk at the KANEKO on Wednesday. It will eventually be placed at the newly renovated Lewis & Clark Landing at The RiverFront.
Victor Benjamin works on a sculpture of Chief Big Elk at the KANEKO on Wednesday. It will eventually be placed at the newly renovated Lewis & Clark Landing at The RiverFront.
Creighton's Lauren Jensen dribbles the ball in the first half against St. John's on Saturday.
Creighton's Morgan Maly and her team celebrate a second-half three-point basket against St. John's on Saturday.
Employees and customers retrieve their belongings a day after they fled a Target at 17810 West Center Road after someone walked in and started firing an assault rifle. Omaha police shot and killed the suspect.
Omaha Zoo CEO Luis Padilla announces an update to the Hubbard Orangutan Forrest on Friday.
Sarah Nocita hugs her son, Michael Baker, as they move into a new place in northwest Omaha on Thursday. They were tenants of the Legacy Crossing Apartments before being forced to move after the City of Omaha shut down the complex in December.
kelsey.stewart@owh.com, 402-444-3100, twitter.com/kels2
Kelsey Stewart
Kelsey covers health and fitness for The World-Herald. Follow her on Twitter @kels2. Phone: 402-444-3100.
