Real estate experts say they don’t expect Oak View Mall’s decline to take a bite out of residential property values in the area of the struggling mall.
The school district’s K-12 enrollment has swelled from less than 600 in 2000 to more than 2,500 today.
The resumption of a decades-dormant U.S. Army Corps of Engineers study means lakes in the pipeline by the Papio-Missouri River Natural Resources District that had been expected to take about 50 years to construct now could be open to the public in as few as 15 years.
They call it “the farm” — and when Robert and Sharon Bruning bought it 40 years ago, the blue spruce that now towers over the old farmhouse at 162nd and Fort Streets stood just a few feet tall.
Already, much of the land around the lake and recreation area is spoken for. A growing list of residential developments in the area includes Pier 15, which will overlook the lake; Anchor Pointe, on 168th and Ida Streets; and a few Celebrity Homes & Townhouses developments in the works.
This farmland seems like a winning lottery ticket because it might fetch $40,000 or $50,000 an acre if or when they sell it to a developer. They know that’s serious money. They know it’s inevitable, though they don’t like to think about closing the book on five generations of Rohwers who have farmed in west Omaha — or west of Omaha — since the Civil War.