- Associated Press - Wednesday, July 15, 2015

OMAHA, Neb. (AP) - A two-block tract in north downtown Omaha is to be transformed into a $50 million campus featuring a hotel, apartments, shops and a Kiewit international training facility.

The Omaha World-Herald reports (http://bit.ly/1O6IkKm ) that what is now a surface parking lot known as “The Yard” near TD Ameritrade Park will be redeveloped by NewStreet Properties and Noddle Cos.

Anchoring the redevelopment site is Kiewit Corp.’s education, innovation and leadership facility, a two-story building that will span nearly 63,000 square feet and train more than 3,000 salaried employees a year from the U.S., Canada and Australia.

The development will also include a five-story apartment building, a five-story national brand hotel and about 6,000 square feet retail shops and services.

Construction is set to begin this fall.

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Information from: Omaha World-Herald, http://www.omaha.com

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