Don't know about any plans for the area, but I recently found the background on the space which you might find interesting. When my wife and I lived in Central Park we ventured into the area one hot summer evening and it was one of the creepiest experiences I've had in OKC. Felt like Jason Voorhees was about to jump out of the woods at any minute. The weirdest thing was that in the middle of this giant empty overgrown abandoned lot we found, on the ground, a fresh chocolate chip cookie. Just sitting there. Not even ants on it or anything.
The pictures in the link don't speak to the eeriness about the place.