Mutual's plan for property east of Midtown Crossing includes apartments, hotel and office building

A six-story hotel, 118 apartments and an office building are pieces of a plan emerging for the property Mutual of Omaha has been buying and clearing east of its midtown campus.

The insurance giant has tapped Minneapolis-based Ryan Cos. to be master developer for the project site viewed as key to protecting Mutual’s backyard and to further fueling midtown revitalization.

“It will improve the walkability, the livability of this part of town,” said Ken Cook, who leads Mutual’s real estate arm.

Dubbed Turner Park East, the mixed-use development site generally is bounded by Turner Boulevard, Interstate 480, Douglas and Harney Streets. Development is expected to bring more people to Mutual’s Midtown Crossing, the $365 million retail and housing area that opened nearly seven years ago next to Mutual’s corporate offices.

Read more: http://www.omaha.com/money/mutual-s-plan-for-property-east-of-midtown-crossing-includes/article_05fa25fc-a981-50c4-ac3d-8abe56bb703b.html