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Downtown for-sale housing shift continues with Bower at Lee
Development momentum downtown continues to shift from apartments to for-sale housing with plans being submitted to the city this week for a 36-unit mix of town homes and condominiums.
The Bower at Lee will consist of eight, two-story town homes facing NW 4 between Lee and Dewey avenues with a mid-rise to the rear of the townhouses that will consist of 22 one-story flats and two, two-story condos.
Construction is expected to start in spring 2018 with completion in 2019.
The project is being led by downtown developers Richard McKown, who built the Level and Mosaic apartments in Deep Deuce, and David Wanzer, whose work with his Pivot Project partners includes the Main Street Arcade, Sunshine Cleaners and the Tower Theater.
McKown said he and Wanzer started with the aspiration to create a new product in downtown Oklahoma City. They were seeing an unmet demand for family-friendly housing that was rising with opening of the John W. Rex Elementary and its expansion into middle school and eventually high school grades.