OMAHA — The signs are plentiful: newly framed houses around town, freshly bulldozed land, tower cranes dotting the skyline.

Such signs point to new construction activity records in Omaha which were found in a recently released report.

The City of Omaha's latest annual "Building and Development Summary" estimated the total value of building permits issued by the Planning Department last year climbed to roughly $1.15 billion — the highest yearly tally on record for the city and second-highest when accounting for inflation.

That figure accounts for construction ranging from houses and apartments to converted structures to new, altered, or expanded properties containing office, retail, educational and other operations.

The analysts who conducted the report noted that Omaha's housing market was strong, despite the total estimated value of residences issued building permits in 2021 dipped compared to the year before (from $461 million to nearly $431 million).

“Obviously people are investing in the community,” said City Planning Director Dave Fanslau. “It was a busy year, a historic year, just a lot of activity for the development and construction industries.”

2022 is expected to finish with as much or more permit activity, especially if the skyling-changing $600 million Mutual of Omaha downtown office tower gets out of the ground this year.

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