Hubbell Realty Co. is continuing its expansion into the Omaha, Neb., market with a new 264-unit multifamily development.

Kyle Gamble, Hubbell’s chief operating officer and executive vice president, said the Sagebrook development will feature 180 apartments, 84 rental townhomes, a clubhouse, fitness center, pool, garages and a dog park.

Construction recently began on the $55.5 million project, with an expected completion date in late 2025.

Gamble said the development of Sagebrook is a continuation of the company’s expansion in the Omaha market that began in 2019 with the company’s acquisition of a home building and land development company, and a title company.

“That acquisition of those three companies have been a great fit for Hubbell,” he said. “So over the last five years, we have integrated that home building and land development company into the Hubbell organization, and that’s been the catalyst for us to look at bringing our development services and construction services into Omaha.”

Sagebrook, which will be located on 17 acres in the Omaha suburb of La Vista, will be similar to Hubbell’s Forge65 development in Pleasant Hill, Gamble said.

La Vista Mayor Douglas Kindig said in a news release that the Sagebrook development will be a “fantastic addition” to the community and “will help further diversify our housing base.”

Gamble said that while the Omaha metro is a larger market, the fundamentals are similar to Des Moines.

“It’s a major milestone for us,” Gamble said. “It’s very exciting for us. The demographics, the growth, the strength of the economy there and the strength of the employers there are attractive to us. It’s just a natural progression.”