The Oklahoma City Urban Renewal Authority is taking another shot at soliciting development offers for its last large property left in the downtown core.
Cathy O'Connor, director of the Urban Renewal Authority, said the request is being sent out after renewed interest in the property at the southeast corner of NW 4 and Shartel Avenue. A previous request resulted in a proposal for a five-story, $23.4 million micro-apartment project.
“The response we received did not meet the requirements and expectations,” O'Connor said. “We are now getting interested in the site again for mixed-use development, hopefully with some affordable housing.”
The downtown property is the last undeveloped section left of the original Sycamore Square superblock, which was cleared by Urban Renewal in the 1970s.
Sycamore Square Apartments (now The Haven) and Sycamore Square Condominiums were built in the center section of the property in the early 1980s, leaving large swathes of empty land on the east and west sections of the superblock.