New Housing Options Coming To Budding Tulsa District

The latest phase of construction set to begin near downtown Tulsa will offer housing options that aren't “the norm" for the area.

The property sits just beyond the downtown Tulsa limits. It’s been a development project 15 years in the making, with 110 lots in total steadily developed since the early 2000s.

Some still sit empty, but the Village At Central Park is expanding to capacity - with 50 to 60 new condo and townhouse units slated for construction to begin in February, many of them are already purchased.

“With all the discussion of the resurgence of downtown we are now seeing that development happening, and it's happening beautifully and a way everyone wanted it to,” said Stephen Meltzer, with Village At Central Park.

But what makes these different is they aren't downtown; instead, they are just outside - near the Pearl District - for those who aren't ready to jump into downtown living just yet.

Meltzer said, “As those people feel more comfortable downtown they like it and they decide to buy, and right now there’s not a lot on the market at any price to purchase.”

The units will range from the high $100,000 to $400,000 apiece - gearing mainly towards empty nesters who don't want the size of a south Tulsa home but still that neighborhood feel.

“Beginning to realize they can live simply - lower maintenance, less taxes,” Meltzer said.

It also puts them just feet from one of the fastest growing districts in Tulsa. After all, there is only so much room inside the parameters of what is referred to as downtown, so, many developers predict new options like this will most likely be the next trend in housing.

“Every city is going to run out of room, it’s just new to Tulsa,” said Meltzer.

There are also a number of commercial lots for lease or sale in the area, providing the potential for commercial development in the area.