OKC Urban Renewal Approves Downtown Residential Development; Project Awaits Land Sale

By Brandice J. O'Brien | THE JOURNAL RECORD, July 21, 2005 | Go to article overview

OKC Urban Renewal Approves Downtown Residential Development; Project Awaits Land Sale


Brandice J. O'Brien, THE JOURNAL RECORD


The Oklahoma City Urban Renewal Authority on Wednesday approved the design drawings, schematics and development agreement for Urban Form LLC's Block 42, a residential real estate development in downtown Oklahoma City.

Still pending approval is an agreement on the land purchase price and the amount of tax increment financing public funds for the project.

Urban Form plans to buy more land from the Oklahoma Department of Transportation and is waiting for confirmed measurements, said team manager Grant Humphreys.

Urban Form offered to pay $225,000 in cash for the land and requested tax increment financing for 13 percent of the project, but is willing to compromise and negotiate the request. The team paid $25,000 in earnest money. BancFirst is the lender.

Humphreys and investors plan to put up $1 million in certificates of deposit of additional collateral paid from private equity toward the project to secure financing.

Similar to other proposed downtown projects - The Hill at Bricktown, the Triangle, and the latest Central Avenue Villas - Block 42 proposes high-end, modern residences for Oklahoma City's urban community.

The modern style and clean lines of Block 42 will really appeal to people, said Todd Edmonds, partner at Michael Mahaffey & Associates, and architect on the project. It's an urban dwelling, not a traditional suburban garden home, so we are going for something more edgy and hip.

Roughly 87,000 square feet of blocks 42 and 43 of the Maywood addition, which is surrounded by Interstate 235, NE Fourth Street and I-235 service ramp, will be redeveloped into 30 units - 18 townhouses and 12 elevated flats. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • A full archive of books and articles related to this one
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

OKC Urban Renewal Approves Downtown Residential Development; Project Awaits Land Sale
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

    Already a member? Log in now.