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NebraskaCRE

Colliers, Prominence Global plan 260-acre mixed-use development in Omaha market

November 20, 2024
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Photo courtesy of Colliers.

Colliers Nebraska, along with Prominence Global, LLC, announced plans for Catalina, a mixed-use development in Valley, Nebraska, in the Omaha market.

Spanning 260+ acres near Highway 275 and Meigs Street, Catalina will feature a commercial district with retail and flex opportunities along with a residential component for single-family and multifamily construction. In addition, Catalina will include the First Interstate SportsPlex.

In partnership with the Elkhorn Athletic Association, this 96-acre portion of the development is dedicated to state-of-the-art soccer and baseball and softball fields including a barrier free adaptive sports field.

The Mayor of Valley, Cindy Grove, has expressed strong support for Catalina. “It is more than just a construction project; it is a long-term vision for the growth and prosperity of Valley. We are committed to ensuring that this development benefits our community for generations to come.”

Elkhorn Athletic Association’s executive director, Josh Todd, commented, “Catalina is a game-changer, and this development perfectly complements our nearly 96 acres of sports fields. This will not only help us promote sport and physical activity, but also bring local families together, foster a strong sense of community, and become an anchor for sports tourism and economic impact for the City of Valley and West Douglas County.”

Grading at the site is currently underway with infrastructure work projected to start in 2025. Some of the first homes and commercial Tenants are expected in late 2026.

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