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Welcome to Boomtown! Omaha is building up, down, out and across the metro area at a record rate

Welcome to Boomtown! Omaha is building up, down, out and across the metro area at a record rate

You may have a hunch, given all those construction cranes dotting the metro area, that things are booming in Omaha.

It has been hard to miss the multitude of machines and building crews altering the landscape — from the banks of the Missouri River to the western fringes of Douglas County and surrounding suburbs.

Indeed, building is going up in the form of offices, schools and hotels. It’s going down like the 1,057-space underground garage for the new Applied Underwriters complex. It’s going out, like the one-story furniture store near Crossroads that’s stretching up and around into a five-story apartment building.

But now comes new data reinforcing a local boom: Building permits show that the annual construction cost for Omaha projects given the green light in 2019 hit a 10-year valuation high, jumping 25% over the prior year.

Read the complete story written by Omaha World-Herald staff writer Cindy Gonzalez at Omaha.com.