NE OKC sees investment, development

It’s an exciting period for northeast Oklahoma City with more public and private development projects than we have seen in the past 50 years.

Housing inventory continues to increase. The redevelopment of the historic Page Woodson school property has added more than 120 affordable housing units and market rate units as well. Construction on Oklahoma City Urban Renewal Authority land will bring 75-90 single-family homes near NE 16th Street and MLK Avenue over the next couple of years. Some will be sold at market rate and others will qualify for down-payment assistance or other affordability programs.

The City Council recently designated the Capitol View neighborhood, between Lincoln Boulevard and Kelley Avenue and NE 23rd and 36th streets, as a new Strong Neighborhoods Initiative area for 2018. Home renovations and other improvements will continue in the Culbertson East Highland neighborhood for another year. Since SNI started working in Classen’s North Highland Parked neighborhood, the average home sale price has nearly quadrupled.

Read the full article at The Journal Record