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August 14th, 2012 - Kelley Chambers

O'Connor presents downtown projects update



Cathy O’Connor, president and CEO of the Alliance for Economic Development of Oklahoma City, gave a brief update on projects around downtown Aug. 14 to Oklahoma City Council members.

Cathy OConnor-Myriad Gardens small 41mhCathy O'Connor - Photo by Mark Hancock

Construction is underway on the aLoft hotel in Deep Deuce at N.E. Second Street and Walnut Avenue. Developer James Thompson plans to have the $21 million, 135-room hotel open in spring or early summer of 2013.

Developer Ron Bradshaw broke ground last week on the Maywood Apartments at N.E. Fourth Street and Oklahoma Avenue. The $15 million project will have 139 units.

Progress continues at the Hill, at Russell M. Perry and N.E. Second Street. As units continue to sell, the project was approved for a new phase by the Oklahoma City Urban Renewal Authority recently. The land is controlled by OCURA. The Hill features for sale units.

In East Bricktown, at Sheridan Avenue and Lincoln Boulevard, plans call for a 249-unit apartment building and a hotel. The site still faces some remediation issues.

Judy Hatfield is beginning work on the Carnegie Centre, located at Dean A. McGee and Robinson avenues, as a mixed-use development for residential and retail or office use. A TIF recently was approved for the property, and it will make use of historic tax credits and new market tax credits.

Gary Brooks is still working through finalizing financing and design specifications for the Edge at MidTown at N.W. 13th Street and Walker Avenue.

Elsewhere in MidTown, work is nearing completion on the apartments and retail space at 1212, 1212 N. Walker Ave., as well as other apartments in the area. A parking garage is proposed at N.W. 10 Street and Broadway Avenue to service residential and commercial properties in the district. In the Osler Building, 1200 N. Walker, Tulsa developer Paul Coury has plans to bring a boutique hotel to the building.

 
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