Hines to Oversee Conagra Brands Campus Redevelopment
ByConagra Brands has selected Hines to redevelop part of its Omaha, Neb. campus. The redevelopment, expected to occur over the next decade, will include residential units, a hotel, restaurants, office and green spaces. Hines expects to break ground around early summer 2019 and selected Bear Properties to assist with the project.
The redevelopment area is targeted to include 1 ConAgra Drive, the parking lot on Farnam Street and various open spaces along 10th Street. The project will extend to Heartland of America Park. All 1,200 Conagra employees will remain on the campus, as four buildings and the corresponding parking lots are not part of the project. Three of the buildings were remodeled last year when the company relocated its headquarters to Chicago and downsized their Nebraska operations. The other asset is leased to third parties…