Omaha Is Very Lucky to Be Home To Moylan’s Shamrock Projects 5/12/16 05/12/16 9:08:33 AM
Omaha’s Capitol District is taking shape under the leadership of Shamrock Development.
A “Capitol” Idea!
Omaha Is Very Lucky to Be Home
To Moylan’s Shamrock Projects
By Andy Roberts
The Daily Record
It’s more than luck that is helping Shamrock Development become one of the leaders in downtown Omaha’s renaissance.
Named as a nod to owner Mike Moylan’s Irish heritage, Shamrock Development is a big part of the changing face of downtown Omaha, although it’s not easy to get him to toot his own horn. “We feel we’re contributing to things going on,” he admitted humbly.
Shamrock Development is celebrating its 20th anniversary this year. Under the leadership of Creighton Prep grad Moylan, who earned his bachelor’s degree at Marquette University, the firm has been built on creating visionary projects that impact the urban landscape.
“We are urban, mixed-use developers; we are very passionate about the future of Omaha,” Moylan explained, noting that most of Shamrock’s work taking place downtown.
It should surprise no one that Mike Moylan is the son of the late former NU regent James Moylan, an attorney, state senator and political activist. Mike has lived downtown since 1994, six years after coming home from college. He and his wife are raising their two 3-year-old boys there.
“We really enjoy what downtown offers our family,” he said.
“Our first project was the purchase and development of the 1000 Dodge Building,” Moylan recalled. The building at 10th & Dodge was transformed into 12 luxury residential condominiums, that were the first new construction condominiums downtown in decades. The development, at 1008 Dodge, is also home to Nosh Wine Lounge and 1000 Dodge Events, an event and business venue.
Following the success of the 1000 Dodge Building, Shamrock completed the restoration of The Paxton, one of Omaha’s premier developments. Other recent projects include The 1009 Capitol Building at 10th & Capitol, The Barker Building, at 15th & Farnam, and The 1501 at 15th & Jackson Streets.
Moylan emphasized that Shamrock Development remains invested in every phase of a project from the earliest conception to the completed reality.
“We are very proud of our projects,” Moylan said. “We maintain positive relationships with residents and tenants in our developments.
“Now we’re focusing on The Capitol District,” Moylan said.
Shamrock’s plan for The Capitol District, located from 10th to 12th Streets, from Capitol Avenue to the Interstate, is a mixed-use destination dining and entertainment district is defined as stretching from Douglas Street to the Interstate, between 9th and 13th Streets.
Heart of Downtown
According to a website dedicated to The Capitol District, it will be a new “heart” for Downtown Omaha, and it will be:
• Anchored by a 333-room, full-service Marriott Signature Brand Hotel with Ballroom and meeting space;
• 125,000 square feet of Class A Office in first phase. Corporate headquarters site and freestanding site available;
• 218 luxury apartments with first-class amenities and unparalleled location;
• 90,000 feet of entertainment retail surrounding The Plaza, in addition to existing 40,000 square feet;
• The Plaza: a place to entertain and be entertained, the heart of The Capitol District; and
• Entertainment District designation (pending). Entertainment and restaurant venues share access of The Plaza common area for events and outdoor sale of alcohol.
“It’s really going to have a sense of place and be a town square for downtown Omaha,” Moylan said. Omaha, he pointed out, benefits from having many of its cultural and civic assets downtown. That is part of what has made the city’s redevelopment efforts successful.
“The public-private partnerships … the relationships we have to make things happen” are extremely valuable, he said. “The economy in Omaha is doing very well and the activity in our urban core has been going strong and steady for quite a few years.”
While downtown has been growing steadily, it has taken a few hits.
“The riverfront has not seen a resurgence of activity since the floods forced everything out of downtown. The recent work of Council Bluffs, coupled with Omaha’s new attention to the second round of riverfront development.
“I am excited about the things that are happening in the Capital District,” Moylan added. The density will allow for further development, he pointed out, and that is creating more interest.
The future of Shamrock Development is bright. Right now that future is focused on completing the projects that already are under way.
“Our plate is quite full,” he admitted. “We’ve got a couple years left of work to do here.”
And luck won’t have anything to do with the end result.