Home News Omaha real estate developer Frank Krejci dies at 97 | Local News

Omaha real estate developer Frank Krejci dies at 97 | Local News

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Frank Krejci has worked on a number of high-profile retail developments throughout the Omaha area, most notably the revitalization of Crossroads.

“He’s a legend in Omaha. He was a pioneer in Omaha’s modern architectural environment,” said Trenton Magid, executive vice president of NAI NP Dodge.

Craig passed away on Monday. he was 97 years old.

Krejci attended South High School before graduating from Tech High. He served in World War II and received multiple accolades for his service.

Upon returning home from the war, Krejci started his first business, Fleetline Body. He bought his first property a few years later.

Over the years, Krejci has worked on numerous real estate projects in metropolitan areas through his company, Century Development. He played a key role in North Park, an office park near 120th and Blonde Streets. He also helped with Oak He View Mall and Gretna He Outlet Mall.

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Krejci also branched out into residential development, creating West Shores, a 640-acre lake community near Waterloo.

In 2010, Krejci purchased the struggling shopping center Crossroads at 72nd Street and Dodge Street. The property is now jointly owned with Lockwood Development.

It took until August 2020 for the city to pledge financial contributions to the project. Omaha Mayor Jean Stothert announced the city’s intention to join the venture, which he expects to contribute $12.5 million in redevelopment bonds to cover his infrastructure costs.

“He wasn’t someone who would go buy a fancy property with little in return,” Magid said. “He found something broken like Crossroads and his mall in Gretna, bought it at a low price, and figured out how to fix it.”

Outsiders may have viewed Craig as a rogue, and Magid said he could offend anyone. It was a “kind soul” who enjoyed but never stepped into the limelight.

“He was a really fun guy and lived a very frugal life,” Magid said.

Krejci is survived by his wife Jane. Children Debbie, Robert, Lori and Pamela. and grandchildren and great-grandchildren.

His family held a private funeral.

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