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The Margaret Apartments

Awards: 
2012 ABC Cornhusker Chapter Excellence in Construction: Historical Restoration
Location: 
Omaha, Nebraska
Owner: 
Omaha Economic Development Corporation
Size: 
18,944 square feet
Budget: 
$3,500,000
Completed Date: 
November 2011
Lund-Ross Team: 
Chief Executive Officer
Project Executive
Executive Vice President
Field Operations Manager
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“I was a former resident of the Margaret back in the early 1970s, and I am astounded by the transformation you have endeared to that building. Essentially, Lund-Ross took a dilapidated structure that some thought should be torn down and made it into a treasure for all in the northeastern part of our city to enjoy.”

Ben Gray

Omaha City Council Member, District #2

The Margaret Apartments

Lund-Ross completed the renovation of The Margaret Apartments into affordable green housing. The renovation of The Margaret is part of a community revitalization program developed by the Omaha Economic Development Corporation (OEDC) to create jobs, affordable housing, and other economic benefits for north Omaha residents. The historic brick building was built in 1916 and was added to the National Register of Historic Places in 2007.

The Margaret sat empty for several decades and was in extreme disrepair when Lund-Ross started work in 2010. Crews salvaged as many components from the original apartments as possible. A new roof and new windows were installed, and new one-, two-, and three-bedroom apartments were built. Low-VOC paint and recycled-content vinyl and linoleum flooring were used throughout The Margaret Apartments.

One of the most significant elements of the affordable housing project is the use of clean energy systems. A new energy-efficient geothermal heating system was installed, and solar hot water panels were added to the building’s new roof. With these clean energy systems in place, tenants are expected to save approximately 30 percent on energy costs.

Lund-Ross completed The Margaret Apartments in the fall of 2011. The project was honored with an Excellence in Construction Award for historical renovation from Associated Builders and Contractors in 2012.

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