Oklahoma City has a suitor for a blighted north downtown block that once was the home of Mercy Hospital.
Old Mercy Redevelopers, a partnership led by Nicholas J. Preftakes, promised to replace the dilapidated hospital with $11.8 million in housing....
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Preftakes' proposal includes 16 two-story townhomes, 72 "city villas" and 52 apartments. A 260-space parking garage on the block would be restored, if possible, with nine lofts added to the roof. About 1,600 square feet on the garage's first floor would be reserved for retail use.
The hospital property is just south of the historic and affluent Heritage Hills neighborhood, a couple of blocks northeast of St. Anthony Hospital and within walking distance of a planned $38 million, 500-employee federal complex.
Preftakes pledged to complete the project within two years of the city delivering him "a buildable site."
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