The Oklahoma City Council approved a $120 million tax increment financing plan for the Western Gateway TIF District near downtown, which includes the Wheeler District, recognized by the iconic Ferris wheel on the river. The project area is east of S. Blackwelder Avenue and west of S. Walker Avenue, between the Oklahoma River on the north and Twin Creek on the south.
The Wheeler District is proposed as a vibrant, mixed-used community that will include residential and commercial development, as well as open space. The 150-acre master planned development will include as many as 2,000 units of housing. One of the goals of the development is to encourage a range of housing types including town houses, small lot single-family homes and multifamily apartments. The development will also include commercial and retail development and is designed to integrate with the existing neighborhoods by extending the street grid. Plans for the district were developed by the Humphreys Co. over the past several years, including many hours of community engagement and other forms of public input.
Read full article in The Journal Record