Featured Transaction – Recent Land Purchases

Featured Transaction – Recent Land Purchases

Investors Realty recently helped two clients purchase large parcels of land west of 204th Street, an area that is seeing an increase in development.

Tim Kerrigan represented Willie Douglas of Summit Development in the purchase of 273 acres at 222nd and F streets for a residential subdivision called The Preserve at the Farm. Nestled between The Hamptons and The Farm developments, The Preserve has 67 residential acreage lots that are all currently owned by homebuilders. Summit Development has taken care to retain much of the existing topography and tree canopy of the land, which is near the Elkhorn River. Paving is expected to be completed in July, and construction will begin this summer.

Nearby, on 216th Street between Q Street and Harrison, Pat Regan represented Catholic Cemeteries in the purchase of 197 acres. Catholic Cemeteries previously owned 140 acres near Hwy. 50 and Capehart Road, but sold the land to accommodate the new Facebook data center campus. With so much current and planned growth along the western edge of Omaha, Catholic Cemeteries needed to find a new site to accommodate Catholic parishes in West Omaha and western Douglas County.

The new site will serve the area well, from St. Patrick Catholic Church in Elkhorn at 204th and Maple streets to St. Patrick Catholic Church in Gretna near 204th and Hwy. 370, and those between.