If this guy's as good as he sounds, Omaha and Gretna Nebraska will become beneficiaries of a real "out of the box" thinker... someone Nebraska's Larry the Cable Guywould say... is a Git 'r Done kind of guy. Even though Rod Yates corporate HQ is in Arizona, he come back to Big Red country with real street (or should I say field) "cred". Ye, he's a former Husker. Back then, the split end was hired by coachin icon Tom Osborne to paint his house during the summer.
Seems the commercial real estate guy sought out local Omaha developer Frank Krejci. Krejci owns the floundering Nebraska Crossing outlet mall along I-80 near Gretna and recently acquired Crossroads, Omaha's second-oldest shopping mall in a bankruptcy sale.
Both shopping centers are on life-support and Yates and Krejci have plans are now on the table to rejuvenate, expand and re-invent both makes to the tune of,around $160 million. Yates is reportedly smart, energetic and, from all appearances a good fit with Krejci.
All the best to the both of them! Success for this partnership will be great news for the Omaha Metro. We need more of this the kind of economic redevelopment... that keeps every body's property values and pocketbooks in good shape.
Read More in today's Money section of the Omaha World-Herald
Crossroads & Nebraska Crossing
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