Kay Pratt Realtor Edmond Oklahoma City Real Estate
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News about buying and selling homes in central Oklahoma.

Thursday, December 22, 2005

 

Upscale downtown housing project planned


Former automobile showroom to become New York style lofts

Oklahoma City, OK - Developers Roddy Bates, Mike Dillard and David Box unveiled their plans to convert the 81 year old former Buick dealership building in downtown Oklahoma City to New York-style lofts. Renamed the "Chandelier Building", this 35-unit upscale housing project will feature units that average 1,300 square feet and will feature granite countertops, stainless steel appliances, and finished wood floors.

"We're trying to stay away from the industrial look" Box said. "Your not going to go in and feel like you're in a cold loft." A $40,000 chandelier is planned for the building's lobby. "It will be modern but elegent," Box said. "We're going for a different market - the high end."

A study commissioned earlier this year by Downtown Oklahoma City Inc. indicates the demand for upscale housing in downtown Oklahoma City could support 4,250 units in the next 5 years.

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