Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-11-25
TIMELY REAL ESTATE TALK
UniOn Pacific Headquarters Announcement
Comes VERY Welcome.
TEN STORIES FOR A MILLION DOLLARS
Mr. MOhlcr Fixes the Dimensiops NJ
Building and Local Architects
Give Estimnte OF It's
Probable Cost.
TEN STORIES FOR A MILLION DOLLARS

Ten stories This is to be the height Of
the Union Pacific headquarters building.
according TO an announcement Friday Of
Vice President Mohler. The building will
! be l73 feet on Dodge street and 1872 feet on
Fifteenth street and will contain an Office
space Of 10000 square feet. million
dollars the structure will cost 1t will be
a credit to the railroad company and a
possession to which the city may point
with pride
Mr.. MOhler, given more TO action than 70
predicting action, cannot say when the
work Of actual construction IS 20 begin.
1t will be started as soon as the buildings
on the site can be removed, and they can
not be removed until the present leases
expire. Some of the leases run several
months yet It IS hoped construction may
start in the early spring. Plans are being
drawn in the office Of Chief Engineer Hunt
ley who is giving them his personal at
tsntion,
The estimate of 100000 as the cost Of
the building was not made by Mr.. Mohler,
but by architects OF the city. They say
such a structure would cost at least that
much, and perhaps more for labor and
material may be higher next year than
this. Knowing the practice OF the com.
pany TO erect good buildings and Mr.. Hunt
ley's skill in designing them. the architects
say the headquarters building Is sure to be
from the artistic, substantial and economi-
cal points OF view II the general idea
adopted in tho construction of the shop
buildings is TO be followed. IT is thought
the new structure will be plain, but with
enough ornamentation to make II pleasing
to look at
TO the minds OF the Omaha pioneers the
passing of the old headquarters recalls
great deal of history, not only Of Omaha
aud Nebras ska, but OF the entire west, for
Il was at Omaha as the gateway of the
west that railroad and empire builders
gathered. Half of the old headquarters
was hotel, built by On. George L. Miller.
Lyman w. Richardson and others, the
cornerstone being laid in 1856 by DR.. Miller.
and the building completed some time in
the next year. 10 was named the Herndon
house after Captain w. IL Herndon OF the
United States navy. JOY Morton was born
in this hotel. In 1877 the Union Pacific
took charge Of the HerndOn house and
made It headquarters. In 1866 a duplicate
OF the old part was built and the railroads
hotne was made as it is today. except that
about $4,000 I'm improvements has been
Ipent on 1t since that date.
Sales I'm the vicinity of Fifteenth and
Dodge streets, resulting from the estab
lishment of the Union Pacific headquar-
tors there, continue to be announced and
rumored. Presumably before the railroad
deal was announced, L. V. Morse and II.
A. Perry sold TO Frank Parsons for about
S16,5OO the Cumberland hotel property at
tho southwest corner of Fifteenth street
and Capitol avenue. Last Friday deeds
were placed on record showing that Mr..
Parsons had sold the same property 90
A. Il. Mcconnell for $4,000. 1t is now
reported that Mr., Mcconnell is negotiat-
ing a sale. Another deal is rumored In
the same block. on lot 3, the lot on which
the Cackley warehouse is located, Just
east of sixteenth street on Capitol ave-
nue. 1t is said the owner, Harry McCor-
mick, has sold option on IL to the Nc