Oklahoma City, October 6, 2025

Oklahoma City has approved a $75 million mixed-use development aimed at revitalizing its downtown area. This project will include office spaces, retail outlets, and affordable housing units. Construction is set to begin in November, with an expected completion by 2027. The initiative is anticipated to significantly boost the local economy, create job opportunities, and enhance the vibrancy of the community, making downtown more attractive for residents and visitors alike.

Oklahoma City Launches $75 Million Downtown Revitalization Project

In a major step toward transforming its urban core, Oklahoma City has greenlit a $75 million mixed-use development announced by real estate developer Hart Properties. The project aims to breathe new life into the downtown area by integrating office spaces, retail outlets, and affordable housing units. This initiative is set to break ground in November, with an expected completion by 2027, promising significant boosts to the local economy and community vibrancy.

The development will occupy a prime downtown location, combining commercial and residential elements to foster a more connected and livable city center. By blending workspaces with shopping and living options, the project seeks to attract businesses, residents, and visitors alike, addressing long-standing needs for sustainable urban growth. City officials have highlighted its potential to enhance economic development and draw more tourism to the area.

Project Details and Timeline

Construction on the mixed-use project is slated to begin in November, aligning with Oklahoma City’s push to modernize its downtown infrastructure. The full build-out is projected to wrap up by 2027, allowing time for phased development that minimizes disruptions to existing businesses and traffic flow. The site will feature modern office spaces designed for flexibility, catering to a range of industries from tech startups to established firms. Retail outlets will include space for local shops, restaurants, and services, creating a bustling hub for everyday commerce.

A key component is the inclusion of affordable housing units, aimed at providing accessible options for low- and middle-income residents. This aspect addresses housing shortages in the urban core, promoting inclusivity in a rapidly growing city. The development’s scale—spanning multiple buildings and public amenities—positions it as a cornerstone for future downtown expansions.

Economic Impact on Oklahoma City

This $75 million investment is expected to generate substantial job opportunities during construction and beyond. Short-term employment in building trades, engineering, and project management will inject vitality into the local workforce. Once operational, the project could create hundreds of permanent positions in offices, retail, and property management, bolstering the city’s tax base and supporting small business growth.

From a broader economic perspective, the development aligns with Oklahoma City’s ongoing efforts to diversify its economy. By enhancing downtown appeal, it could increase property values, spur ancillary investments, and contribute to a ripple effect of revitalization in surrounding neighborhoods. Tourism stands to benefit as well, with the mixed-use setup offering new attractions that complement existing landmarks like the Bricktown district and the Oklahoma City National Memorial.

Community and Urban Planning Benefits

The project’s emphasis on mixed-use design promotes walkability and reduces reliance on personal vehicles, aligning with national trends in sustainable urban planning. Green spaces, pedestrian pathways, and public plazas integrated into the layout will encourage community interaction and outdoor activities. Affordable housing integration ensures that growth doesn’t exacerbate gentrification, maintaining a balance between progress and equity.

Oklahoma City’s downtown has seen incremental improvements over the years, but this initiative represents a bold leap forward. It builds on previous successes, such as convention center expansions and riverfront developments, to create a more cohesive urban fabric. Stakeholders anticipate that the project will help retain young professionals and families, countering outmigration trends seen in other Midwestern cities.

Background on Downtown Revitalization Efforts

Oklahoma City has been actively pursuing downtown renewal since the mid-1990s, following the Oklahoma City bombing that reshaped the area’s identity. Investments in public art, sports facilities like the Paycom Center, and cultural venues have laid the groundwork for projects like this one. The current initiative by Hart Properties fits into a larger strategy outlined in the city’s MADE IN OKC plan, which prioritizes economic development, affordability, and quality of life.

Real estate developers have increasingly focused on mixed-use projects nationwide, recognizing their role in post-pandemic recovery. In Oklahoma City, where the population has grown steadily to over 700,000, demand for integrated urban spaces has surged. This $75 million endeavor underscores the city’s commitment to adaptive reuse and forward-thinking development, ensuring downtown remains competitive in attracting investment.

As construction approaches, local authorities are coordinating with utilities, transportation agencies, and community groups to manage logistics. Public input sessions held earlier this year helped refine the plans, incorporating feedback on design and accessibility. With groundbreaking just weeks away, anticipation is building for how this project will redefine Oklahoma City’s skyline and daily life.

The announcement comes amid a dynamic period for the city’s business landscape, with recent political developments like new gubernatorial candidates signaling broader changes. However, this development stands out for its direct impact on urban renewal, setting a precedent for future private-public collaborations.

Frequently Asked Questions

What is the Oklahoma City mixed-use project?

In a bid to revitalize downtown Oklahoma City, real estate developer Hart Properties announced a $75 million mixed-use project featuring office spaces, retail outlets, and affordable housing units.

When does construction start and end?

Construction starts in November, projected to finish by 2027.

What has the mayor said about the project?

Mayor David Holt called it a ‘game-changer’ for urban economic development and tourism.

How will the project benefit the community?

The project aims to enhance economic growth, provide affordable housing, and boost tourism in downtown Oklahoma City.

Key Features of the Downtown Revitalization Project

The following table outlines the primary components and timeline of the $75 million mixed-use development in Oklahoma City.

Feature	Description	Timeline/Impact
Office Spaces	Modern, flexible workspaces for businesses	Part of 2027 completion; job creation
Retail Outlets	Shops, restaurants, and services	Enhances local commerce and tourism
Affordable Housing Units	Accessible options for residents	Addresses housing needs; inclusivity
Construction Start	Groundbreaking phase	November (upcoming)
Project Completion	Full operational status	By 2027