Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1912-05-12
TIMELY REAL ESTATE GOSSIP
Building Operations More Numerous
Than for Several Years.
NEW ADDITIONS BEING OPENED
Lots at sixtietb and Pine selling
Fast and Another Addition at
Forty-Eighth and Fort
10 Go ON sale. M

II onto politics and other causes, building
operations which usually keep pace with
the activities Of the real estate market
are greater in number at the present
time than any time during the last sew
eral years.
These operations are confined princi-
pally to buildings. however. and the lull
in the real estate mans business may be
accredited by them TO the fewer numbers
Of homes being built now. Building per-
mlts for homes. though. are being given
out in as much profusion as usual. and
so Il may be surmised that the real es-
pairing his present business with that OF
the past
As for office and other kinds Of build
ings, one may look in nearly every d.
reetIon in the downtown section and see
some structure going up.
or course the Woodmen OF the World
building. being the largest In the city, at
tracts more attention than any other.
There are the Keellne, the FGatiron and,
yes. the court house in course of con-
struetion, southwest OF the business CEN
ter, while the re-erection of a building
at the corner OF Harvey and Twentieth
streets to replace the old car barn is
being contemplated.
On Douglas street there are a number
Of buildings yet in the minds Of the
architects and builders Actual construc-
tlon on one OF the largest is now under
way. This Is Stariand Palace, q motion
picture theater. being erected by the
Brandeis interests. Plans drawn by
Architect John Latenser we're approved by
A. and Paul lie Marquard. the iessees.
only this week. and the razing of the
buildings near Sixteenth and Douglas
streets to make room for the theater ls
now in operation. incidentally. the build
Ings being torn down are the last of the
frame buildings on Douglas street
Besides this structure, the Brandeis In
teTests have In mind new office or store
building next 20 the American theater.
They are only delaying the construction
OF II while other concerns are working
out plans for stil another building to
be Its neighbor
This building on which they are await
Ing plans Is to be erected at the north
west corner OF Seventeenth and Douglas
streets. opposite the Brandels theater.
The Brandeis interests anticipate II will
coincide In design with the plans they
have In mind for their new building. The
Mccague Investment company. which
holds the lot on which the erection OF
this building is proposed, have heard
nothing definite from the owners as. 20
the kind of building TO be constructed.
All the company can give out Is that the
owners are going to build some kind OF
office or store building. The lot Is owned
BY tho Boston, Ground Rent company.
which owns properties in cities all over
the United StateR The company is
known as a progressive concern that "
not backward n putting land directly to
use. ns s
II has been rumored about from time
TO time that a hotel Is going up In this
nslshborhood. but no Notification has yet
bean forthcoming. The rumor usually
sets started. real estate men say. by
some dreamy person who thinks he sees
the need Of a large hotel and believes
the location on upper Douglas street
would be suitable Tor such a purpose.
Another building Is now nearing COM
pletion opposite the federal building. Inn
msdiately after the destruction by firs
OF tho old landmark which stood at the
northwest corner OF Sixteenth and Dodge
streets the erection Of the new five-story
brick building was begun. The structure
is now almost past the fourth story and
may be ready for occupancy this sum.
mer. II will be an office and store
building. "a
| The United States National bank d.
rsctors have not fully decided on what
kind Of a building Is wanted at the north
west corner OF Sixteenth and Fatnam
streets. when the Ames estate refused
TO sell the adjoining property the original
plans Of the bank were somewhat frus.
trated.
A new building win be erected on the
Ames property. but win be entirely sep
arate from the bank structure, unless
some agreement can be reached whereby
the property may be Joined. The Nc
ororey interests are going ahead With
their planning on the new building. ex-
pecting to occupy II within q few months.
There are other building operations, not
so extensive, going on all over the city,
and stu many more are being ccutem-
plated.
While the real estate man may COM
plain. the outlook for some real lively