What is the future of the old Downtown Airport? Are there plans? Who owns it?

Here is an old thread on it:

http://www.okctalk.com/okc-metro-are...ris-wheel.html

If you look at page 7, there are renderings.

Thanks. After looking things over I see the Waterfront Project on Humphries' website is "down". What does that mean, ya reckon?

Not sure where you saw that. Did you visit this site?

The Humphreys Company

I met him once a couple of years ago, and of course, being a snoop, asked about the downtown airport. He told me that the project was still years away from initiation. I'm not sure what "years away" meant, but I got the feeling it wasn't going to be anytime in the near future.

New FHA requirements for condo builders make it very difficult for condominium projects to be financed without a huge amount of money paid up front. Financing, therefore, has become a major stumbling block for these projects and has the capability of pretty much putting them all on hold for the foreseeable future.

(or so I'm told)

That's pretty accurate Mid. There are people still lending money, it's just that their standards are getting higher due to the housing crash. My bank used to do commercial loans at 80% and that 20% could be equity in other properties. Now it is 70% with 30% cash down. It seems like there are a lot of banks still lending, you just have to have the cash to put into it.

Yes, at the time the tab for Waterfront was inactive. It now seems to be OK.