Pre-leasing to start soon for new apartments in old building

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Posted: Friday, March 29, 2013 12:00 am

Construction is progressing on an old Omaha building that once housed the Downtown Boxing Club and 308 Bar.

Dubbed “The Junction” by developer Arch Icon, the building at 24th and Farnham Streets is being renovated into 12 upscale apartments and a home for a new-to-Omaha photography studio. Construction began last October and is expected to finish by May 1, Arch Icon co-owner Dustin Crook said.

It's part of a larger movement to improve the area west of downtown.

Pre-leasing on the apartments is expected to begin in April, said Nofel Molai of the Seldin Company, which will manage the apartments. Dan Brouillette, the owner of Look Portrait, said he expects to open from the first-floor commercial space in May.

The apartments will feature in-unit washers and dryers, granite countertops, hardwood floors, high-end appliances and cherry oak cabinets along with large windows and exposed brick, Molai and Crook said. One-bedroom apartments will start at $850 per month and two-bedrooms at $1275 per month.

Between west Omaha, which was too new, and the Old Market, which was too expensive, Brouillette said The Junction was exactly what he was looking for: The right amount of space, for the right price, with character.

Look Portrait will focus on consumer-commissioned photography, like weddings and senior portraits.

Brouillette, who is in the process of moving to Omaha from New York City, said he isn’t interested in renting out one of the apartments, even though he likes what the developer is doing with the space.

“I have a thing with living where I work.”

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