Mutual of Omaha begins construction on 44-story downtown tower

OMAHA, Neb.–(BUSINESS WIRE)–Mutual of Omaha has officially begun construction on a new 44-story headquarters tower in downtown Omaha that will support the insurance and financial services company’s future growth while contributing to the economic vitality of the urban core from the city.

Mutual Chairman and CEO James Blackledge was joined by Omaha Mayor Jean Stothert and other dignitaries for a groundbreaking ceremony to begin construction on the 677-foot-tall office tower, which is expected to open in 2026.

“In 1909, Mutual of Omaha started in downtown Omaha. Today, we are inspired by the energy here and excited to be a part of it,” said Blackledge. “Our investment in a central downtown tower provides a rare opportunity to create a dynamic workplace for our associates, while also contributing to the strength of our center.”

Mayor Stothert said the Mutual of Omaha headquarters helps realize the city’s vision for downtown Omaha.

“Mutual of Omaha is part of our forward-looking vision for downtown Omaha as a hub for business and commerce, urban living, entertainment and recreation,” said Stothert. “We applaud Mutual’s investment, which will create more development, grow our economy and attract innovative employers and talent to the urban core.”

Blackledge said the state-of-the-art headquarters tower was designed to support flexible working arrangements, including face-to-face, remote and hybrid working modes.

“We are creating a work hub at Mutual of Omaha – a dynamic and inviting place where our associates come together to work, collaborate, innovate, serve our customers and build on the culture that makes Mutual of Omaha such a special place,” he said. . “That’s why we’re calling our new headquarters Project Beacon. It will be a beacon inviting our employees into a new, modern workplace from which we will fulfill our noble purpose of helping our customers protect what matters to them and build their financial future. It will also be a beacon of vitality, development and investment in our inner city.”

Joining Blackledge and Stothert in building the tower were Mutual Board Member Rodrigo Lopez, developer Jason Lanoha of Lanoha Real Estate Co., lead architect Jon Pickard of architecture firm Pickard Chilton, and the President and CEO of the Greater Omaha Chamber of Commerce. Vet Jeffrey.

At 677 feet, the building will have 44 floors and approximately 800,000 square feet of office, meeting, collaboration and amenities space. It will include parking for 2,200 vehicles in a garage used by Mutual members during business hours and by the community overnight and on weekends.

The highlight of the structure will be an inviting street-level lobby with conference space, as well as an “experience center” highlighting Mutual’s history, brand and impact on customers and the community.

The building will also feature a “sky lobby” that will welcome parking associates. A multi-level concept at 16-20th floors, will feature food services with a variety of culinary offerings, a fitness center, wellness services for employees, concierge technical support services, as well as flexible spaces for conferences and meetings. Highlighting the sky concourse floors are beautifully landscaped outdoor terraces with breathtaking views and outdoor dining, meeting and fitness spaces for Mutual members.

the 44th floor will feature conference facilities enhanced by expansive views from a two-story atrium. Senior leaders will be positioned close to their teams, eliminating the need for an executive floor.

At 800,000 square feet, the building is sized for a hybrid working model. Mutual’s current headquarters is approximately 1.7 million square feet.

“As a customer-focused company, we worked closely with our design team to create an appropriately sized headquarters, adaptable to ways of working that may arise in the future and capable of serving our policyholders effectively and efficiently,” Blackledge said. .

The refurbishment of Mutual’s current office complex is a key component of the move to the center of the company. “Continued development in Midtown is part of our vision for this project, and the renovation of our current headquarters is an important aspect of our plan,” said Blackledge. “From the University of Nebraska Medical Center to the Riverfront, linked by a modern streetcar, the potential for development is virtually limitless.”

The company headquarters project is being developed by Lanoha Real Estate Co. Mutual is also working with a design team that includes global architecture firm HOK for interiors; design architect Pickard Chilton of New Haven, CT; architect Kendall/Heaton Associates of Houston; and Alvine Engineering of Omaha. Mutual is also collaborating with Mayor Jean Stothert, the Omaha City Council and several City of Omaha departments on the project.

Founded in 1909, Mutual of Omaha is a highly rated Fortune 300 organization offering a variety of insurance and financial products to individuals, businesses and groups across the United States. As a mutual company, Mutual of Omaha is owned by its members and is committed to providing exceptional service to its customers. For more information about Mutual of Omaha, visit www.mutualofomaha.com.

Mutual of Omaha begins construction on 44-story downtown tower

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