Omaha tech company Flywheel will be anchoring a new development in North Downtown. Millwork Commons is a project aimed at revitalizing the area between 11th and 14th Street from Izard to Seward Streets.
The neighborhood is being billed as a collaborative, community-designed project to inspire and support the work of innovators and creators.
Millwork will be a $300 million mixed use development that focuses on providing next generation office space, community common areas and diversified housing to be phased-in over the next seven to 10 years.
Backers say the Millwork Commons development will modernize historic buildings while incorporating new construction, helping to connect and strengthen Omaha’s urban core and further define the metro area as a technology leader and as a cultural, vibrant and inclusive city.
Developers say Millwork Commons office spaces will be designed with tech companies, entrepreneurs, educational and community organizations in mind. The Ashton Building will be the new headquarters of Flywheel. The tech company is expected to take up residence there by the summer of 2020.
The City of Omaha is planning to support the project by adding and improving streets, including the rerouting of truck traffic.