Work Starts on Mutual of Omaha’s $600M HQ

Rendering of Mutual of Omaha’s new headquarters. Image courtesy of Mutual of Omaha

Lanoha Real Estate Co. has broken ground on Mutual of Omaha‘s new 44-story, 677-foot-tall headquarters building in Omaha, Neb. Upon the estimated 2026 delivery, the $600 million project will be the tallest building in Nebraska as well as five neighboring states.

The development team also includes HOK for interior design, Pickard Chilton for architectural design and Kendall/Heaton Associates of Houston as the architect of record, together with Omaha’s Alvine Engineering.

The tallest building in the state

Rising at 1614 Dodge St., the skyscraper is set to encompass 800,000 square feet of office and amenity space. To draw employees back to the office, the project was designed to include a multi-level concept on floors 16 through 20 featuring food services, wellness services, concierge tech support services, meeting spaces, conference spaces and a fitness center. The building will also have a sky lobby with outdoor decks, dining, fitness spaces and meeting areas.

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During working hours, employees will have access to a parking garage with 2,200 spaces that will then open to the public on weekends and evenings. Other amenities include a street-level lobby and a two-story atrium on the 44th floor.

The development site is in downtown Omaha, close to numerous retail, dining and entertainment options. The newly reopened Gene Leahy Mall at RiverFront is also nearby.

Out with the old, in with the new

Mutual’s new tower, appropriately sized to accommodate in-person, hybrid and remote working flexibility, will rise less than 2 miles east of the company’s current headquarters at 3300 Mutual of Omaha Plaza in Midtown. The 1940-completed, 1.7 million-square-foot building is slated for redevelopment.

The firm’s headquarters downsize is in line with the current work environment trends. According to a Building Owners and Managers Association (BOMA) survey, the adoption of a hybrid model appears to be the norm; 55 percent of respondents in one part of the study expressed more support for remote work, while 86 percent of respondents manifested a heightened degree of appreciation for their physical office space.