I couldn't really find a good thread to put these in so here you go:

The Hill 2/22/08

http://www.okctalk.com/gallery/data/500/medium/thehill1.JPG

http://www.okctalk.com/gallery/data/500/medium/thehill2.JPG

Thanks, Metro.

I wonder how their sales have been going. Didn't they close their design center a while ago?

Pete, I think they've sold about 30% or so. They did temporarily (and still currently) close their design center in Deep Deuce although it is still there and everything is still inside it. Hopefully OKC's economy will stay good during the potential recession and sales will pick up. While I thought McDermid's proposal was way better for this site, The Hill did win OCURA's vote so I'd like to see it completed timely.

My fear is that they'll never move past the first phase.

Never thought that building only very expensive townhomes on that site was a good idea. Hope they prove me wrong or rework their plans if they don't get more activity.

Does anyone know the price p/ sq. ft. for these? Is it available online anywhere? If they are affordable (or at least more affordable than the Brownstones) then it will provide a nice alternative for people who want to live downtown but want more space than a loft.

The don't list the prices on their website and a recent article said they were suspending sales until the first 32 units were complete, supposedly by this summer.

I'm sure they will be more costly than the Brownstones.

wow ...30%? I looked at the Hill before I left OKC. When they were first being built, they talked about the smallest homes around 220,000. A few months later before I left, the smallest homes were running north of 250,000. I think, one reason why Oklahoma has been able to aviod some of the housing problems across the nation is because of the affordable prices. The higher-end developments are the ones taking the biggest hits. Here in the Destin/FWB area, we have land that was cleared over a year ago, and was supposed to be built on. However after not being able to pre-sale a decent percentage of the units, they simply left their equipment and walked away from the site. Times are scary.

I saw prices on their website a few months ago and they were actually quite a bit cheaper than the Brownstones. It makes me wonder if they're unsure whether they underpriced them and want to finish some to make sure the asking prices will get them a reasonable profit.

I'm pretty sure these are between $300K-$500K.

The big ones are 3,500 sq ft. At $500k, that's $142/ft, which seems pretty low for something like this. I'll bet they go up to $600-700k

Suruban living downtown. Geesh.

Suruban living downtown. Geesh.

I guess I'll reserve judgement until I see the finished product, but it is my least favorite of everything I've seen in the area. If they truly have $150 per square foot prices, though, that is more affordable for some people who want more space than a loft or small apartment.