Newspaper article THE JOURNAL RECORD

OKC Panel to Consider Proposals for Industrial Lots

Newspaper article THE JOURNAL RECORD

OKC Panel to Consider Proposals for Industrial Lots

Article excerpt

Anticipated demand in west Oklahoma City for land zoned for industrial use has prompted a handful of real estate developers to step forward with plans to serve the market.

Two developers will ask the Oklahoma City Planning Commission on Thursday to consider plats for land that would create small lots for industrial development. If approved, as many as 39 new industrial lots could be ready for development by the end of the year, according to an agenda for the public meeting.

Separately, the planning commission will consider proposals by developers to establish as many as 1,449 lots for future single- family and duplex developments throughout the city.

The commission will meet 1:30 p.m. at City Hall to consider the proposals.

There's a need for industrial parks in this area, said H. Wayne Cooley of Hoss Cooley Construction, a builder of metal office- warehouse buildings. A lot of people are looking for industrial space in this part of the city, but they can't find it.

For Cooley, a 39-acre tract on the north side of W. Reno Avenue and east of Morgan Road is a prime site for industrial development. Cooley in a proposal before the commission has asked the city to approve a preliminary plat that would lay out 32 lots in the proposed Cooley Industrial Park.

Lots in the industrial park would range from 0.91 acres to 1.6 acres and accommodate office-warehouse buildings that range from 3,000 square feet to up to 8,000 square feet, Cooley said. Most buildings developed in the park would likely be sold to tenants. A few lots could be developed as speculative space for lease, he said.

A builder for more than 24 years, Cooley said the industrial park would be his first foray into real estate development. Pending city approval, the land could be available for development in about 90 days, he said.

In another industrial development, Zena Properties has asked the planning commission to approve a final plat of Glade Park, which will be located north of Wilshire Boulevard and west of Rockwell Avenue.

Glade Park, a replat of part of the existing Rockwell Industrial Park, will have seven lots for industrial development on about 3. …

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