Hines and investment partner Cresset-Diversified QOZ Fund are developing The Mercantile, a city-defining mixed-use destination overlooking Heartland of America Park lake in downtown Omaha. The Mercantile is the result of Hines’ ongoing collaboration with Conagra Brands—a Chicago-based packaged foods company—and is a redevelopment of the northwest portion of Conagra's existing corporate campus.
The Mercantile will feature multiple apartment buildings, a boutique hotel, new office buildings and a beautifully landscaped boulevard. Hines will also construct a 720-car, City of Omaha-owned parking structure that will serve the residents, retailers and public.
At completion, The Mercantile will include more than 20 acres of land and provide a full mix of residential, commercial and green space uses for generations.