Shamrock Development President, Mike Moyaln stated that the long-delayed $205 million Capitol district project is back on track and is expected to open in 2017. He said that the scope of the project has not changed. Between 10th and 12th Streets, Capitol Avenue and the Interstate will rise a 333-room Marriott hotel, 226 rental apartments, 125,000 square feet of office space, a parking garage with up to 500 spaces and a central plaza that could play host to large outdoor events. EB-5 funding is sought for the project.
“To get our EB-5 investment in place properly took more time than expected,” Moylan said. He said he is interested in making the capitol district, Omaha's first entertainment district. Moylan’s alignment with Marriott and his experience in downtown development were noted as reasons the city and Metropolitan Entertainment and Convention Authority in 2011 selected the Shamrock team over two competing proposals to develop the city-owned property.