Local & Regional
Fri February 14, 2014
Downtown Condo Project Officially Underway
A residential project in downtown Tulsa's East Village delayed by permit and financing problems is now officially underway.
Local officials and developers broke ground this morning on Urban 8, a condo project offering a chance at individual ownership in downtown Tulsa.
Developer Yvonne Hovell said the units will be energy efficient and highly customizable.
"Each townhome can truly become someone's custom idea and home, offering customized cabinets, floors, countertops, bathroom fixtures and plumbing," Hovell said.
Urban 8 is at the corner of Third Street and Greenwood Avenue, within half a mile of recently built Greenarch Apartments. Tulsa Development Authority Chairman Julius Pegues said the focus on redeveloping downtown is starting to pay off.
"We have developers who are interested in making Tulsa's downtown area — and the city of Tulsa — one of the most vibrant cities in this country," Pegues said.
Construction was originally slated to begin in spring of 2012, but the company says two units have already sold.