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Central Park Plaza

Office complex in Omaha, Nebraska From Wikipedia, the free encyclopedia

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Central Park Plaza is a 15-story commercial office complex in Downtown Omaha, Nebraska, United States.[1] The complex consists 419,679 square feet (38,989.5 m2) of office space, in two red brick towers with a lower level center connector on the first and second floors. The building features a central courtyard and a six-story parking garage that is located directly north of the building and is connected by a skywalk.[2] In 2007 a "sunrise" lighting feature was added to the angled face of the towers. The towers, built in a "V" formation, have been central to Omaha's skyline since they were built in the 1980s. Central Park Plaza is currently being redeveloped into apartments known as the Duo.

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Originally built in 1982, the buildings housed the corporate headquarters for Conagra until the company began to move to their new riverfront campus in 1988,[3] and they had completely vacated the buildings by 1990.[4] Over the years the buildings have housed offices for several corporations important to Omaha's economic history including; First National Bank of Omaha,[5] US West,[6] OPPD,[7] Norwest Bank,[8] and the Norchem division of Enron.[9]

In 1983, in an attempt to revitalize retail along 16th Street in downtown, a two-story mall, Parkfair Mall, was added to the west side of Central Park Plaza, across from the J. L. Brandeis and Sons Store Building.[10] The mall closed in the early 1990s and in 2005 the current owners of the building converted the mall into a 125-stall, heated parking facility.[11]

After several corporations relocated their offices to other facilities during the late 1990s and early 2000s, the building's vacancy rate soared as high as 73%. In 2005 FirstComp Insurance company relocated their headquarters to the south tower and after several renovations now occupy the majority of the north tower.[12] As of 2009 FirstComp and their sister company, Rex Risk Exchange, have placed signs on the north and south towers respectively, the first signs on the towers in several years.[13] Also in 2005 the first Starbucks in Downtown Omaha opened in a location on the first floor of the north tower.[14] The first floor of the south tower has an upscale steakhouse, Sullivan's, that opened in 2007. Both locations have outdoor patios in the courtyard added during a $500,000 restoration to the main courtyard in 2005.[15]

In November 2021, an additional third tower was announced for the site. Additionally, internal renovations were also planned.[16] These plans were later cancelled.[17]

In March 2024, a $163 million redevelopment project for the block was announced. Redevelopment includes demolition of the mall, and replacing it with parking and additional apartment space, and combining the two towers into a single building.[18] Additionally, the name of Central Park Plaza will be changed to, "The Duo".[19] Construction began later that year and is expected to be completed in 2027.[20]

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