Dive summary:
- Construction is about ready to begin on two parts of a three-part scheme of a new Arts District Parking Garage in downtown Oklahoma City, and the city's urban renewal agency is casting a net again for the third piece that it is handling – housing.
- The garage piece is to be 10 stories overall, with retail at ground level, 830 parking spaces in the next nine floors, but it is designed to have three more floors for 80,000 square feet of housing.
- The Central Oklahoma Transportation and Parking Authority has agreed to a $20.6 million bid by Flintco, from Tulsa, for the stores-and-parking portion, but the Oklahoma City Urban Renewal Authority got no takers when it tried the first time to find a developer for the housing piece.
From the article:
Urban Renewal director Cathy O'Connor said ... another request for development proposals is being sent out after the authority received new inquiries. ...