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Project · Omaha, NE · Updated yesterday

1053 Park Avenue Senior Apartments

1059 Park Avenue (northeast corner of Park Avenue and Pacific Street)Foundations DevelopmentApprovedResidential

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Sourced from Omaha meeting, Jul 21, 2026. ZoneWire tracks 64 projects in Omaha, NE, updated within 24h of every meeting.

Where this stands

New four-story senior living building with 50 affordable one-bedroom units. 5 units (10%) at 40% AMI (~$768 rent), remaining 45 units at 50% AMI (~$950 rent). LIHTC credits, Front Porch urban core bond proceeds. Total investment ~$10.5 million, TIF ~$661,000. Groundbreaking this fall, completion ~spring 2028.

Case factsSource: ZoneWire
Project
1053 Park Avenue Senior Apartments
Asset class
Residential
Developer
Foundations Development
Location
1059 Park Avenue (northeast corner of Park Avenue and Pacific Street)
Scale
5 units
County
Omaha, NE
Jurisdiction
Omaha
Current status
Approved

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ResidentialApproved1059 Park Avenue (northeast corner of Park Avenue and Pacific Street)Omaha, NE

1053 Park Avenue Senior Apartments

Approved

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