200 of these won't happen in our lifetime. But you have to start somewhere. If the first one is a success, you can bet people will start building more.
200 of these won't happen in our lifetime. But you have to start somewhere. If the first one is a success, you can bet people will start building more.
We've already had a dozen or so similar projects and plenty more are in the works.
Maybe not your lifetime, but hopefully mine!
Large legacy trees have been removed in preparation for construction. Sure wish they could have kept those beauties!! But this development is going to be great so I can't complain too much.
I wish i could afford one of these!
These look to be amazing! Just can't find myself paying that much without a garage/parking garage. i guess that's downtown living..
Construction fence is up
Dirt is moving (I can see this site out my window). I'll post pics once it's slightly more interesting than dirt moving.
Is the space that used to be Allen's still a home?
There are two condos directly to the north. One upstairs and one down.
Yes, I'm moving to a different balcony at the end of the month, and this one will be up for grabs...
From yesterday's city council minutes:
$1.95 million in economic development funds allocated
The Council voted Tuesday to approve $1.95 million in economic development fund allocations, $1.5 million to the Southern Oaks Learning and Wellness Campus project in south Oklahoma City and $450,000 to a residential project in Midtown. The Midtown project will create 11 for-sale residential units at NW 6th Street and Hudson Avenue. The wellness project will create a campus that combines education and low-cost healthcare services and is part of a partnership between the City of Oklahoma City, Oklahoma City-County Health Department, Oklahoma City Public Schools, University of Central Oklahoma, and Oklahoma City Community College and the Metropolitan Library System.
Read the Midtown project agenda item.
The city of OKC just buy a condo or something?
Amazing, nearly a $40,000 per unit direct subsidy from the city just for condos.
Hard to argue against it though with the historically soft condo market downtown, but hopefully they can get something going and pull back the subsidies once the market is established.
The entire for sale market downtown right now is red-hot.
This is the problem with TIF... 1) Once you start giving it to developers, it's hard to decline subsequent applicants; and 2) you have this huge pot of money sitting there and everyone knows it.
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