Investors Realty is pleased to share the successful closing of a key land sale within Kensington Park, the 60-acre mixed-use development at 204th & Q Streets in Omaha. This marks an important step forward for the West Omaha corridor and the continued momentum of this project.

Ryan Kuehl represented both the buyer and the seller in the sale of 23 acres to Kroger (operating locally as Baker’s), with Brian Kuehl and Molly Kuehl assisting in representing the seller. Kroger will bring a new, state-of-the-art grocery store to the community.

The New Baker’s Marketplace

Kroger is planning to build a 123,000-square-foot Baker’s Marketplace on the site. This $40 million facility will be significantly larger than traditional Baker’s stores and will become a major retail anchor for the rapidly growing area. The plans include a Baker’s fuel center and additional space for future development. This substantial investment is expected to create over 300 jobs and provide a much-needed amenity for the surrounding communities.

While the official construction timeline is forthcoming, groundbreaking is scheduled for this summer, with the store likely opening in 2026.

A Strategic Selection

Finding the perfect location for Kroger was a dedicated effort that began at the start of 2023. The selection of Kensington Park was highly strategic, driven by the explosive population growth and housing development along the entire 204th Street corridor. Kroger recognized the immense potential of this area to support their large-format marketplace concept.

After identifying and selecting the site, we were under contract for approximately 18 months, navigating the necessary steps and coordinating with the developer on crucial infrastructure installation. Seeing this complex process come to fruition is a testament to the vision and collaboration between all parties involved.

Progress at Kensington Park

The Kroger transaction firmly establishes Kensington Park as a premier destination in the area. Kensington Park is slated to include a dynamic mix of uses, including multifamily, retail, office, and medical office facilities.

Other businesses already committed to the development include:

• Scooters Coffee (for a coffee kiosk)
• First National Bank (for a branch location)
• Jensen Tire

This deal with Kroger highlights West Omaha’s growing economic vitality while bringing everyday convenience to thousands of residents.

This article appeared in our company newsletter in December of 2025. Please click here to download the entire newsletter.