Expansion continues in downtown OKC
While we are facing what may be a worldwide economic downturn, Oklahoma City’s economic development planning, investment in our city and efforts to diversify our economy are paying off. A look at new development and investment in and around the central business district shows we haven’t skipped a step.
Construction is underway at the former Villa Teresa School at Classen Boulevard and N. Dewey Avenue by developers Marva Ellard and Billy Woodring.
This $50 million redevelopment will preserve a beloved historic school site and redevelop the main building into a 70-room boutique hotel with a restaurant, bar, health spa, gym and meetings rooms. The 3.5-acre site will also include 10 contemporary two- and three-bedroom town homes and seven flats for homes along Dewey Avenue with covered patios and balconies, each with a view of the downtown skyline.