Mixed-Use

Millwork Commons

A 50-acre mixed-use neighborhood designed for the way people live, work, and create today.

A neighborhood that inspires and supports the work of innovators + creators

Once a collection of abandoned warehouses just north of Downtown Omaha, Millwork Commons has been reimagined through adaptive urban design as a walkable, sustainable, and future-forward district where community, creativity, and commerce converge.

PGSA’s Vision to Execution

Tapping Into Unseen Potential

Unlocking the value that others overlook.

Millwork Commons began as an ambitious idea—one many overlooked or considered too complex, or simply too early. But where others hesitated, PGSA saw possibility.

As the catalyst behind Millwork Commons, PGSA didn’t just invest—we developed the ecosystem. We envisioned a vibrant, mixed-use neighborhood where culture, creativity, and commerce could converge, and then mobilized the capital, partnerships, and public support to make it real.

Through a layered, innovative financial strategy, PGSA:

  • Activated historic tax credits, tax increment financing (TIF), and bank financing
  • Deployed one of Omaha’s first multi-asset Opportunity Zone funds
  • Secured key entitlements and redevelopment agreements with the City of Omaha
  • Aligned public and private partners around a shared long-term vision

What emerged is more than a real estate investment—it’s a blueprint for place-based transformation. PGSA’s role was foundational: turning overlooked potential into an enduring neighborhood that drives returns, fuels jobs, and uplifts the community around it.

Millwork Commons | Before

PGSA+ Vision

Millwork Commons | Present

What Makes Millwork Unique

Historic Meets Modern

Anchored by the restored 200,000 sq ft Ashton Building, Millwork blends original timber architecture with sleek steel additions for a striking mix of old and new.

Live, Work, Create

With nearly 500 multifamily residential units, dynamic office and retail spaces, and curated public art and green space, everything here coexists by design.

Thriving Community

Over 70 companies call Millwork home—from startups and tech firms to creative studios and cultural institutions.

Public Art & Culture

Vibrant murals and installations bring energy to the streets. Events like 1 Million Cups, startup business pitch competitions, and cultural gatherings make Millwork more than a place—it’s a pulse.

PGSA catalyzes more than just capital—we’re active stewards of Millwork Commons—not just as investors, but as hands-on partners in design, development, and placemaking.
Developers, partners, creatives—if you have an idea, let’s talk.
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