JFK Urban Renewal Area Sees New Residential Opportunities
As part of efforts to revitalize the John F. Kennedy Urban Renewal Area in northeast Oklahoma City, the Oklahoma City Urban Renewal Authority (OCURA) is working with private residential developers to build single-family homes on lots owned by the authority.

Close to 20 lots are under redevelopment agreement to move forward with the construction of new homes, with additional lots available for development. Currently, OCURA has two different active request for proposals (RFP) to encourage developers or prospective homeowners to build single-family houses on OCURA's scattered, vacant lots.

 Image from OCURA Residential Design Standards 

Because these lots reside in existing neighborhoods, OCURA developed a set of design guidelines to ensure that the style and scale of the new homes being constructed are in keeping with the homes already existing on the same block. Last year, the OCURA Board of Commissioners adopted the Northeast Residential Design Standards manual in an effort to help preserve and respect the existing architecture in the area. All new proposed housing for OCURA-owned property must meet these standards.

Residential redevelopment will be an important piece for revitalization of the area over the next few years. Other elements of the revitalization include the programs of the City of Oklahoma City's Strong Neighborhoods Initiative and the recent creation of the Northeast Renaissance TIF District.

Northeast Oklahoma City Town Center Breaks Ground

Groundbreaking for the Northeast Town Center  

The groundbreaking for owner Charles Shadid and architect Rick Brown's redevelopment of the Northeast Oklahoma City Town Center took place on Thursday, February 25.

The redevelopment of the existing shopping center at NE 36th Street and N Lottie Avenue was recently approved for just over $2 million in performance-based Tax Increment Finance (TIF) assistance. 

The 96,000 square foot property is a great example of a blighted area in need of redevelopment. To assist in the cost of redevelopment, funds from the Northeast Oklahoma City TIF district can be used in areas where development would not happen without the assistance of TIF.

Brown hopes to complete the property's redevelopment by November 2016.

Oklahoma City Projects Recognized

                                                Image from Urban Land Institute Oklahoma Facebook

The Alliance has had the privilege of working with multiple partners on the development of several recently completed downtown development projects.

With the completion of the Mosaic and Marion Hotel apartments, residential opportunities continue to grow in downtown Oklahoma City. The Century Center also illustrates a very successful redevelopment project and added valuable office space now occupied by The Oklahoman.

The Oklahoma Chapter of the Urban Land Institute recently recognized several of these projects at its Impact Awards ceremony for making a positive impact on the Oklahoma City metropolitan area.

The Mosaic apartments in Deep Deuce received the Best Large Scale Infill Development Project distinction and the Marion Hotel was awarded Best Small Scale Redevelopment Project. Century Center received Best Large Scale Redevelopment Project. The Best Public Initiative Infrastructure award was presented to Project 180.

The Alliance is proud to have worked with the partners and developers on these recognized projects to help make Oklahoma City a better place to work and live.

Downtown Development Projects
Current RFPs
Urban Renewal RFPs

Requests for John F. Kennedy Urban Renewal Area. Open ended.

Upcoming Meetings
Join us at the  Greater Oklahoma City Chamber's meeting on March 24 for a panel discussion on TIFs featuring Alliance President and CEO Cathy O'Connor.

For a list of upcoming meetings and agendas, click  here .

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About The Alliance
The Alliance was created in 2011 to better serve the economic development needs of Oklahoma City. 

With its collaboration with city and private entities, the Alliance acts as a comprehensive resource for businesses in need of assistance from the public sector.