By Steve Jordon, WORLD-HERALD STAFF WRITERTwo years ago TD Ameritrade asked a developer to construct an office building in the Old Mill area that the company would lease as its headquarters.
But the developer went out of business, and the financial turmoil that began in late 2008 unsettled the marketplace and altered the plan. Instead, TD Ameritrade will own the headquarters, paying the $130 million price tag out of its cash flow.
In fact, the Omaha-based company has been making enough profit every three months to pay for the building, free and clear.
“We've got a lot of cash,” said President and CEO Fred Tomczyk. “We've just grown so much. To create a campus in Omaha made the most long-term sense. This is the final piece. It's going to change the visual landscape of west-central Omaha.” Read More at Omaha.com.
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