OMAHA, Neb. (WOWT) -- Conagra announced Friday it will team up with real estate developer Hines to redevelop part of the downtown campus. The company is hoping to bring more options for housing, entertainment and work in the downtown area.
The changes are expected to happen in the next seven to 10 years. The 1,200 Conagra employees on the campus will continue to work there.
“We are committed to working with city leaders and believe this redevelopment will complement current
projects such as the Riverfront Revitalization," Hines Senior Managing Director Tom D'Arcy said. "At the same time, the project will improve access to the lake and create a vibrant community for those who want to live, work and play in downtown Omaha.”
Hines designed and built the Union Pacific headquarters in downtown Omaha back in 2004. Both Hines and Conagra are beginning the process of creating a master plan. They hope to break ground on the project in the summer of 2019.
Omaha Mayor Jean Stothert released a statement Friday morning praising the news.
"It has always been Conagra’s intent to make a substantial investment in Omaha," Stothert said. "Together with our plans to develop the waterfront and the Gene Leahy Mall, 'River Crossing' will change downtown Omaha immensely in the years ahead.
Stay with 6 News for the latest on this developing story.