Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1907-04-07
TIMELY REAL ESTATE TALK
Building ct Sixteenth and Harvey Streets
the Important Deal Of Week.
SIX STORIES Fer BUSINESS HOUSE
TOP Floors May BE Fitted Up for
once Uses, but the Ground Floor
~ 60 he Occupied by New
Retail store.

Negotiations for the choice vacant lot
al the southeast corner Of Sixteenth and
Harvey streets have been one Of the deals
II greatest interest during the last week
a. real estate circles and much satisfao-
ion has been expressed over the fact
THAT a new six-story store and office
building is practically assured. Local
capitalists have completed plans for build
ing the new structure az cost Of $780,
600 or over on the south lot. Although
emphatically denied by Mr.. Swanson, It
Is reported that the lower floors of the
new building will be occupied by his new
clothing store. The building will prob
ably be built Of reinforced concrete and
the plans have been prepared by Fisher q
Lnwrie, who hs ye been in consultation
with the local investors The large cor
ner lot was bought by a local syndicate
from Guy c. Barton, z. NJ. Morsman and
c. Z. Yost about five years ago for SAL
500 and has been held for sale at $780,
900, which is $4,000 a front foot on the
Sixteenth street side Many options have
been taken and released on the corner,
which is conceded TO be the most choice
of vacant downtown property, and plans
we're once made for the erection OF a ten
story hotel on the entire corner by Phila-
delphia capitalists The proposed build
ing will be erected by local capital which
has been interested in the proposition by
c. c. George of George & Co.
Speculation has been rife for i've years
rs &c the ultimate disposition of the cor
ner lot, which has a frontage of 1872 feet
on Sixteenth street and 80 feet on Har-
ney street. Hotels, business blocks and
theaters have been planned for the cor
k,,4 1 ho1 M al
to improve the premises.
A syndicate of Omaha business men are
having plans drawn by a prominent local
architect preparatory TO building a three
story apartment house on the corner re-
Gently bought by Frank M. Weekes at
Nineteenth and st. Marys avenue. The
lot, which has a frontage of 1856 feet on
st. Mary's avenue and depth of 90 feet
on Eighteenth and Nineteenth streets,
was bought about six weeks ago from
Mrs. Francis Wilde for $4,000 The
proposed apartment house will cost be-
tween $50, 900 and $4,000 and will en-
body many original ideas in interior ar
rangement.
The twenty-five feet of vacant frontage
at 1918 Douglas street has been bought
from the McCague Investment company
for 5000 by Charles Gruenig, who owns
the forty-four feet frontage adjoining on
the east and will erect large business
building on the two lots.
The formal transfer OF the Patrick es-
tate west of Dundee to the Happy Hollow
Country club will probably be made dur.
ing the next few days, as the directors
and other officers have been elected and
calls issued for a part of the subscriptions
Il A. Benson is the president and Euclid
Martin vice president OF the new club and
will serve until the next general election
|. fabout October l. II has been definitely de-
N eided TO buy the Patrick grounds and build
ings for $4,000, and lease ninety acres ad-
Joining tho grounds west Of the main build
ing for a term OF fifteen years. for golf
purposes
Figuring Is being done by nearly all con
tractors OF Omaha on the plans fer the nov
Cohn building at Sixteenth and Davenport
streets, and the new building for the YOUNG
Women's Christian association, which is L
be erected on the triangular site recently
bought at Seventeenth street and st