Daily Newsletter

20 October 2023

Daily Newsletter

20 October 2023

Work begins on Redwood Bellevue South 25th Street development

Redwood Living is planning to develop more than 400 units in the city of Omaha by 2026.

October 19 2023

American housing developer Redwood Living has revealed that construction is underway on its first new apartment neighbourhood in Nebraska, US.

Named Redwood Bellevue South 25th Street, the project will comprise 131 single-storey apartment units ranging from 1,294ft² to 1,620ft² in size.

Redwood acquisitions vice-president Paul DeKruiff said: “For more than 30 years, Redwood has thrived in suburban markets similar to those we will pursue throughout Nebraska.

“Residents appreciate the ability to rent an apartment that feels more like home, and we are confident that people across the Cornhusker State [Nebraska] will quickly embrace everything that makes a Redwood Neighbourhood so remarkable.”

The new neighbourhood is set to welcome its first residents by early next year.

The apartments will feature open floor designs, connected garages, and private entrances with individual street addresses.

Units at Redwood Bellevue South 25th Street also include four-floor plans, each featuring two bedrooms, two bathrooms, and a two-car attached garage.

Other amenities will include large closets; washers and dryers; vaulted ceilings; and pet-friendly units.

Redwood acquisitions and construction executive vice-president Kevin Kwiatkowski said: “With three neighbourhoods under construction now, we see the potential for a total of six Redwood Apartment Neighborhoods across Omaha in the coming years.

“We look forward to sharing details about our next two Omaha-area locations in the near future.”

The company is planning to develop more than 400 additional units in the city by 2026.

South-East Asia Construction Market Dynamics

The Chinese government holds nuclear power to be a key instrument in achieving clean energy. During their 13th Five-Year Plan period from 2016 to 2020, China built 20 new nuclear power plants with a total capacity of 23.4 GW. In the current 14th Five Year Plan period the government has set targets to achieve 70GW of nuclear power capacity by 2025. The government has no plans to phase out or phase down nuclear power plants and there are over 17 nuclear power projects under construction.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close