Once a six-story warehouse in the heart of downtown Omaha’s commercial district, the P.E. Iler building now offers prime commercial/residential space within the highly popular Old Market area. Prochaska & Associates is converting the building’s second through sixth floors into upscale loft apartments to cater to a growing urban professional demographic. With its large storefront windows, the building’s first floor will offer tremendous visibility for an office or commercial tenant wanting exposure to the Old Market’s many visitors. The building’s basement is being converted to a parking garage for the apartment tenants above. A new addition behind the building will provide vehicle access to the garage, tenant storage space, a new stair, an elevator, and an outdoor deck for tenant use. Due to its location in a historic district of Omaha, the project required conformance to strict guidelines for historic renovation as well as having to meet FHA requirements for residential use.

The lofts offer five different floor plans per floor, with both one and two bedroom layouts. The distinctive, open floor plans of the apartments and the use of clerestory glass allow natual light to reach all areas of each tenant space. All of the units provide over 1,400 square feet of space. Mechanical equipment serving each unit can be accessed from the main corridor, allowing repairs to be made without entering the apartment.

With rich materials and a contemporary look, these lofts will be a classy addition to Omaha’s Old Market district. The preservation of the building and its historic detailing contributes to the area as Omaha’s most popular downtown attraction.