The Omaha Stockyards were established in 1883, becoming the world's largest stockyards by the late 1950s and together with meatpacking, employing half the city's workers. Soon after, the industry started restructuring and shifting work to rural areas. Huge job losses resulted in the city. After decades of decline, the stockyards were finally closed in 1999. All structures were demolished except for the Livestock Exchange Building. Its significance was recognized when it was listed on the National Register of Historic Places. The city redeveloped the building in a complex public-private partnership for mixed use, with more than 100 apartments, community and commercial space. The area has become the site of a new campus for the community college. It will also be redeveloped for other commercial, medical and light industrial uses.