If my calculations are correct, this would be on the most expensive recent housing developments downtown U/C:
Bricktown East Apartments ($35 million)
Bricktown East Hotel (?)
Hilton/Garden Inn ($32 million)
The Edge @ Midtown ($31 million)
Level Urban Apartments ($24 million)
Aloft @ Deep Deuce ($18 million)
Maywood Apartments ($18 million) ????
this is pretty amazing, if all of these come to fruition...
edge at midtown is up to 34mil ..
Carnegie Centre is already underway and total project cost will be about $15 million.
Soon if not already... Big building permit was issued a couple of weeks ago.
Might be hard for me to see considering it is a lot of interior work.
Carnegie CenTRE -- the old English spelling makes it extra classy!
It's the old downtown library.
Have there been any renderings of this proposal anywhere? Probably jumping the gun a bit with the question though...
I think the article said there would be a proposal in the summer.
just over 15% will be below market rate .....
This is a very exciting project and it almost seems like this is going under the radar. Reminds me of when Pete made a comment on Okctalk about Okc turning the corner.
Has Okc really gotten to a point that an announcement of a project this size is expected and doesn't generate much excitement?
If this project goes as planned Bricktown could have 4 new hotels under construction simultaneously. WOW!
....Meanwhile the Mystery Tower thread is buzzing at full speed.
The article mentioned it would be 4 stories. I hope this project, if built, has an eye toward density. The sheet metal buildings are a terrible eyesore, and this is undoubtedly a huge improvement if built well. But this is excellent property. I had always hoped for a West Village type development here - perhaps 4 stories of apartments on top of a retail level, and perhaps a level or two of office for a combined 6 stores.
It says 4 stories plus structured parking (which will probably face the train tracks) and an 8 story hotel at the corner. 4 stories will make a very nice street wall and an 8 story building on the corner will make a very good landmark (especially with a 10 story hotel on the other corner. The intersection of Sheridan and Joe Carter is going to come alive.
Might even be worth looking at a new name for Joe Carter, or having a very persuasive public discourse about why that is a good street name...
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