72nd and center

Omaha-based Meridian Development’s proposed 270-unit apartment complex would feature a pool and rooftop clubhouse on a site southwest of 72nd Street and West Center Road.

The forlorn site with a vacant Shark nightclub and Quality Inn would transform to a 270-unit apartment complex with a pool and rooftop clubhouse under a plan by Omaha-based Meridian Development.

The company anticipates construction to start in the fall.

Meridian wasn’t identified on city planning documents requesting that the 4-acre project site on a knoll southwest of 72nd Street and West Center Road be designated a blighted “community redevelopment area.” The designation opens the door to a property tax break and development tool called tax-increment financing.

But Meridian CEO Larry Mazzotta told The World-Herald this past week that his company, if granted TIF approval by the City Council, would rebuild the site with the rental complex featuring a fitness center, two courtyards, a pool, fire pits and other amenities.

Mazzotta said he was drawn to the location, and plans landscaping around the site.

The development team includes Ehrhart Griffin & Associates, Meeks Partners and Baird Holm Law firm. Meridian’s parent company is Cornerstone Associates and their combined portfolio includes some 40 developments in nine states.

How Omaha and Nebraska's Fortune 1000 list has changed since 2015

Get the latest development, jobs and retail news, delivered straight to your inbox every day.

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Commenting is limited to Omaha World-Herald subscribers. To sign up, click here.

If you're already a subscriber and need to activate your access or log in, click here.

Load comments

You must be a full digital subscriber to read this article You must be a digital subscriber to view this article.