A great deal of new development and investment is happening in and around the Central Business District. The OKC Streetcar, Downtown Convention Center, Omni Hotel and Scissortail Park alone will bring thousands of visitors to the area on a regular basis. In addition, Oklahoma City is experiencing an increased demand to live downtown.
One of the last key parcels of land owned by the Oklahoma City Urban Renewal Authority in the downtown area is currently available for redevelopment. The parcel, just over 2.5 acres, is on the southeast corner of NW Fourth Street and N. Shartel Avenue. The site represents a tremendous opportunity for the selected redeveloper and for Oklahoma City. The site is within walking distance and within the enrollment boundary for the acclaimed John Rex Charter Elementary School and Middle School. The unique charter school places students in the heart of the city for daily exposure to the culturally rich amenities that are available only in downtown Oklahoma City.
The redevelopment of the NW Fourth and Shartel site will add to the vibrancy and walkability of the area, which is why it is offered for a high-density, mixed-use development. The request for proposals is available on the OCURA website. The pre-submission meeting is July 9 and proposals are due Oct. 1.
Read the full article at The Journal Record