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Construction Begins On Carnegie Centre- The Carnegie Centre will soon be home to apartments and retail as construction began on this space this week in the Central Business District. The Carnegie Centre, formerly the old downtown library, will feature 19 loft-style rental units, structured parking and 24,000 sq. feet of mixed-use space at the corner of Dean A. McGee and Robinson. Judy Hatfield, developer of the Carnegie Centre, received a TIF 2 allocation in the amount of $400,000 and will also Centre be using historic tax credits. For leasing information, visit www.carnegieokc.com.
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| Thunder Star To Call Deep Deuce Home - The Hill will soon be home to Oklahoma City Thunder superstar Kevin Durant. It was recently confirmed by Michael Biddinger, broker for The Hill, that Durant purchased two townhome units with plans to convert them into one residence in the popular Deep Deuce District. The Hill is currently expanding and building 34 more units to help serve the growing community of downtown Oklahoma City. Kevin Durant's new home will be within close proximity to Chesapeake Energy Arena, his restaurant KD's, and the new local grocery store Native Roots. The Hill was made possible through a redevelopment agreement with the Oklahoma City Urban Renewal Authority (OCURA). To learn more about The Hill visit thehillokc.com. |
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Recent Activity In OCURA's John F. Kennedy Urban Renewal Project Area- OCURA's Board approved two redevelopment agreements this June for JFK's SNI (Strong Neighborhoods Initiative) area. Mitchford, LLC will construct 12 single-family homes on Euclid St. and Ron Walters Homes has agreed to build seven additional homes between Missouri & Nebraska Avenues, north of Euclid. Both Projects will include Market rate and "affordable" homes as defined by the U.S. Department of Housing and Urban Development (HUD).
In July, the Board will consider a proposal for nine more affordable houses in the SNI to be built by Central Oklahoma Habitat for Humanity. Each home in the SNI must conform to special design guidelines that embrace the best architectural elements evident in the neighborhood's existing (early 20th Century) housing stock. Another proposal will be considered in July for a pair of attractive contemporary duplexes on Lottie suitable for students at the OU Medical Center. |
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The community is invited to attend a public meeting on the MAPs 3 modern streetcar project tonight, July 15 at 6pm. Information on route concepts will be presented. The public meeting will take place on the fourth floor of the Ronald Norick Downtown Library (300 Park Avenue).
For more information on the modern streetcar and other MAPs 3 projects, visit www.okc.gov/maps3.
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TIF 2 Cottage District Alleyways Improvement Program
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As a current and future growth area for downtown, the Cottage District, also known as SoSA (South of Saint Anthony's), offers infill re-development opportunities in a desirable location between Midtown, the Arts District and the Central Business District.
The restoration of historic cottages and the development of modern new-construction houses have added to the eclectic character of the neighborhood. In an effort to promote and assist with infill development that supports recommendations in city design guidelines, the TIF 2 Cottage District Alleyways Improvement Program was developed. A budget allocation of $500,000 was set aside to reconstruct alleyways within the boundaries of N.W. 9th St., N. Hudson Ave., N.W. 4th St., and N. Francis Ave.
If you own property within those boundaries or would like more information, please contact Dustin Akers, project manager, at dustin.akers@theallianceokc.org.
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The Alliance was created in 2011 to better serve the economic development needs of Oklahoma City.
With its collaboration with city and private entities, the Alliance acts as a "one-stop-shop" for businesses in need of assistance from the public sector.
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