Omaha daily bee., 1907-05-12


record for the FIRST four months Of 1907 as
shown by the building permit register
equals that for the entire twelve months
Of 1906. In 1905 the value Of the buildings
represented by the permits amounted to
S274, 664 while for the first four months of
this year the value is SS41,7sO. During April
alone the value OF the buildings according
to the permits was S212,0S5.
with the large amount OF building now
In progress but few business structures
are being erected. residences holding sway,
One Of the largest business buildings in
course of erection is the six-story ware
house Of the Bloomer Artificial Ice and Cold
Storage company at Fourth street and
Twelfth avenue. The cost Of this building
will exceed $4,000. City Treasurer True is
building a handsome double store building
with living apartments overhead on his
property at the corner Of Broadway and
Eighth street. The Grape Growers Ship
ping association is erecting another ware
house on Ninth avenue at cost exceeding
$4,000, while on the Christian home prop
erty a $4,000 boys dormitory building Is
nearing completion. Manager Lemen. as
soon as this is finished, is planning for an
other building to cost about the same
amount and which he hopes to erect this
year.
Handsome New Homes.
While the cottage homes in the western
part Of the city range in cost from 81 900 to
s.. 800 many handsome and costly residences
are being erected In other portions Of the
city. One Of the handsomest homes just
completed is that OF Adolph Beno on Beno
street, erected at cost close upon $4,000
oscar Keeline is building a $4,000 residence
on Pierce street just east Of the new Jen-
ME Edmundson Memorial hospital, which
was completed few months ago at cost
of about 10000. M. B. Grout is completing
a 5000 residence on Oakland avenue, and
among the many fine new homes on this
street mention may be made of the artistic
residence Of J. c. Jensen, just completed
Another hne new residence on Oakland ave-
nue. is that Of p H. Lougee, erected at a
cost of about $4,000. l.. F. Husz is erecting
a $4,000 residence at the corner OF Fair
view avenue and Third street, while in the
Hill residence sections, on Park avenue,
Glen avenue, Turley avenue and in the Sec
ton adjacent to the new high school build
ing may be seen many handsome residences
costing from $3.50 to 1880, In course Of con-
struction.
That 1907 promises to be a reconsideration
in the building line is generally conceded.
Speaking of the building activity, one Of
the leading contractors OF the city said:
I'VE have more work on hand now than
we have had at this time Of year since we
have been In business Prospects for the
entire year could not be better. The entire
hill residence section Of the city is going TO
be built up more this year than 1t has been
in any year past. People are putting up a
better class OF houses than before"
A
recently a great deal OF property In the
western part OF the city, where lots are
being bought up rapidly for homes, said:
More building has been planned already
for this year than was done all last year
In Council Bluffs. This IL an indication of
stability in real estate values, which have
been on the upward tendency for the last
few years. This is not a boom, but a steady
and natural growth"
The paving on lower Broadway f. ex-
pected to mean much for that portion OF
the city west OF Thirteenth street TO the
river. With railroad trackage on First
avenue, II Is believed a number or Indus
tries in the next few years will be located
in this section of the city. With this
prospect lots, especially north Of Broad
way, have been In active demand for the
last few months. Some are being bought
for speculation. but the majority are being
purchased for residence purposes by people
OF moderate means. The establishment of
the proposed suburban lines out Bennett
and Mcpherson avenues, It Is believed, viii
do much to develop this section OF the
city. Already there are quite a number
OF suburban homes in this part OF the
city, but street car facilities would I'M
doubtedly tend to build It up faster than
anything else
Speaking of the condition OF the real
estate market at this time. a well known
dealer had this TO say; prices are Arm
and advancing steadily, There are many
calls for farm land, as we'll as city prop
erty. While In some districts II is COM
paratively easy TO supply the demand for
city lots, there 10 moro or less trouble In
finding suitable farm lands for sale Good
land IN Pottawattamie county has reached
the 500 an acre mark and In many in
stances over, and even at these prices
owners are not anxious 20 sell Real estate
has been very active for the last few
months and the outlook for the remainder
Of the year. and In fact. for several years
to come, Is good"