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2020 brings more development opportunities
The beginning of a new year gives us the opportunity to look ahead to upcoming projects and their potential impact on our city. And thanks to Oklahoma City residents, the passage of MAPS 4 will also help to buoy our economy and fund public projects that have great potential to spur private development and investment.
2020 will keep us very busy at the Alliance for Economic Development, with projects in several parts of the city. In northeast OKC, we will begin construction on the Homeland store at NE 36th Street and N. Lincoln Boulevard in the spring. With approximately 30,000 square feet, the store will offer organic fruits and vegetables, freshly baked breads, a custom butcher shop and fresh, ready-to-eat deli foods for neighbors in one of our city’s worst food deserts.
The Oklahoma City Urban Renewal Authority, managed by the Alliance for Economic Development, acquired the 1926 Lyons Mansion in Deep Deuce last year to ensure its preservation. The Oklahoma City Redevelopment Authority, another entity managed by the Alliance, purchased another historic black landmark, the Brockway Center. Located at 1440 N. Everest, this building served as the local office for a women’s organization dedicated to black civil rights. Both of these buildings will be thoughtfully redeveloped into places that once again bring people together and contribute to our growing economy. These projects are part of the Alliance’s goals to increase historic preservation and support key neighborhoods across Oklahoma City.
In private development downtown, 2020 will bring the beginning of construction of Boulevard Place, a mixed-use development directly east of the Omni Hotel. Construction will also start on 700 West, a four-story development at NW Fourth Street and Shartel Avenue that will feature approximately 300 apartments, with a mix of market-rate and affordable units. We will be making progress on development of other OCURA-owned land downtown as well, including parcels at NW Fourth and EK Gaylord and NW Third and N. Walnut Avenue.
Finally, we will begin implementation of the OKC Innovation District Land Use and Strategic Development Plan to further define how this land will be used and as a city, we’ll begin contemplating the future development of the Cox Convention Center site.
I anticipate this will be an active and exciting year for development in Oklahoma City with more opportunities to share our aspirations and dreams for the city.
Read the story on JournalRecord.com.