326
Carnation Place
Carnation Place 2701 - 2711 North 24th Street
3301 Harney Street Suite # 200 Omaha, NE 68131
None as of yet
None as of yet
Bentley Swan
President & CEO
ben@swandevelopment.co
+1 (402) 960-4370
Yes
See attached narrative application.
For detailed information, see application attached application narrative. Ben Swan (President & CEO) Eryn Swan (Vice-President of Development, Full-time) Josh Blackburn (Property Management Supervisor, Full-time) Dylan Davis (Maintenance & Construction Supervisor, Full-Time) William Maakestad (Maintenance & Construction Specialist, Full-Time) Elias Adams (Construction Apprentice, Full-Time) Sarah Darby (Property Management Intern, Part-time)
Kellogg Place 2450 - 2454 Harney Street Mixed use historic commercial and affordable residential redevelopment. Wisdom Investments 522 - 524 South 24th Street Multi-tenant historic commercial redevelopment Papillion Theater 225 South Washington Street Multi-tenant historic commercial redevelopment Navy Lodge No. 39 Multi-tenant historic commercial redevelopment Carnation Ballroom 27001 North 24th Street Locally landmarked, CDBG grant award recipient Structural and environmental stabilization for future multi-tenant historic commercial redevelopment
Carnation Place
1500000.0
1500000.0
Combination of capital project and service/program
Carnation Place, located in the landmarked Carnation Ballroom property at North 24th & Miami Streets will be a commercial redevelopment of a culturally significant property. Over the next two years, this project will house three to five businesses and will incubate and catalyze entrepreneurship and commerce on North 24th Street. Smaller projects like Carnation Place are absolutely critical to support and validate larger investments and projects in the area. The North 24th Street business district by its very definition needs multiple diverse businesses in various properties to come online together to create a sustainable destination space.
This project will take approximately 18 months to complete. It will begin in Q1, 2023 and target a grand opening in Q2, 2024. The first work will begin with permitting, procurement and marketing. Next, infrastructure services will be restored to the property including domestic water, sewer, natural gas, commercial electrical service and broadband high speed internet access.
1.0
Fundamental Change (i.e., a proposal that will continue to elevate North or South Omaha's presence and perception within the region, significantly improving the lives of area residents through physical development) Long-Lasting Economic Growth (i.e., a proposal that will foster gainful employment opportunities and financial investment in the area, leading to the creation of generational wealth and widespread economic vitality in North and South Omaha) Transformational (i.e., a proposal that will help energize, recharge, or spur significant and favorable advancements in North or South Omaha's function or appearance)
Multimodal Transportation (i.e., enable connectivity through driving, biking, taking transit, walking, and rolling) Other Infrastructure (i.e., develop or improve broadband, business districts, roadways, sewer, etc.) Policy (i.e., develop or improve context-sensitive education, finance, health, training, zoning, etc.) Quality of Life (i.e., create or enhance natural spaces, mixed uses, parks, safety, etc.) Sustainable Community (i.e., create or enhance housing, services, education, civic uses, recreation, etc.)
The Carnation Ballroom, an embellished historic masonry structure, has served near North Omaha for nearly 100 years, beginning as the Forbes Bakery, continuing on as the AmVets of World War II social club and earning cultural landmark status as Mildred Brown’s acclaimed historic ballroom in the 1950’s. During the Carnation Ballroom period, acts such as B.B. King, Fats Domino and James Brown performed at the venue. Reactivation of this space for use by the public will continue this multi generational and multi cultural narrative and allow the property to serve the community for the next century. This will improve the quality of life by instilling pride and a sense of belonging in the neighborhood that connects past generations to the future. Restoration of the existing building is the epitome of sustainability. While structurally and environmentally stabilized, the building currently needs reconnection to municipal infrastructure services such as water, sewer, gas, electricity and broadband internet.
This project aligns with the workshop vision by revitalizing and transforming a vacant, dilapidated building into a commercial community hub that will provide employment, goods and services to area residents, visitors and tourists alike. While welcoming customers, this property will continue to tell the story of rich diversity and culture and inspire people to mingle and build connections.
Transformational: The Carnation Place multi tenant commercial project will transform the block at 24th and Miami from a derelict site into a dynamic commercial hub. Fundamental Change: This project will foster hope and entrepreneurship in the neighborhood by showcasing thriving, professionally operated local businesses in an area that is often characterized by vandalism, theft, vacant and abandoned buildings. Carnation Place will prove the viability of independently operated businesses in the near North 24th Street business district and pave the way for further private investment. Long Lasting Economic Growth: Carnation Place is a masonry building built to stand for generations. The high quality workmanship recently completed in a CDBG stabilization project ensures that this building will serve the community for generations to come.
Approximately 20 high paying jobs will be created during the construction phase of the project. A minimum of 15 jobs will be created by the businesses that occupy Carnation Place, ranging from retail to professional services. This project will increase property tax revenue, sales tax revenue and promote safety and security through lighting and increased commerce.
A minimum of 15 jobs will be created by the businesses that occupy Carnation Place, ranging from retail to professional services. In addition, one property management job and one facilities maintenance job will be created to continually lease, manage, maintain and enhance the property.
Approximately 20
Jobs will pay the greater of market wages for retail and professional services and/or Davis-Bacon wages, as applicable.
Swan Development has a history of incubating local businesses and working closely with the neighbhorhoods within which we renovate and manage properties.
This project will improve the livability and connectedness of the neighborhood by housing businesses that will provide goods and services in an area starved of such amenities.
There is no more sustainable infrastructure to the community than the restoration and reactivation of existing quality, historic masonry structures.
Carnation Place will recruit best in class, successful small businesses expand to near North Omaha.
Increased commerce, foot traffic, sales tax and property tax revenues.
Douglas County Assessor, Nebraska Department of Revenue
Swan Development will recruit a minimum of two small businesses to expand to near North Omaha which will recycle dollars invested in Omaha and the neighborhood community.
Yes
North 24th Street Business Improvement District, Swan Development, Greenstreet Cycles, Wag
MOU's are available upon serious consideration of this application.
No
See attached application narrative.
Within one or more QCTs
Attached. A completed Phase I Environmental Assessment is available upon request.The file is too large to upload along with the other files.
Yes
No
Yes
Yes
Yes
Yes
Yes
Attached.
Attached.
Yes
Swan Development will perform ongoing leasing and property management.
Swan Development and their local banking relationships will complete the funding package for this project.
No other funding than this award will be required.
An LB1024 grant awared would be required to completed this project.
Yes
This can be discussed upon serious consideration of this application.
Swan Development is willing to negotiate guarantees to ensure the success of this project. We have a track record of success in urbran commercial redevelopment spanning more than 12 years.
1.0
1.0
1.0
1.0
Additional Location Documents (see application for list) Data table of uses (breakdown of how the requested funds will be used for your proposal) Documentation of site control (proof of ownership, option, purchase contract, or long-term lease agreement) Environmental assessment of subject site. Is the property a brownfield site? Organizational Chart Plans and detailed descriptions, including pictures and a map of the site location/surrounding area Pro Forma Proposal Budget/Sources and Uses Request Rationale Documentation Schedule