Developer: Compass Resources (Compass Smart)
Uses: office, retail, either hotel or apartments, structured parking
Phase 1 :
- $18 million. (3 buildings being renovated today, surface lot behind) and is fully funded.
- interiors are themed Harlem Renaissance. The interiors are much much farther along than you would think driving past.
- is overwhelmingly minority and woman owned businesses. There will be a focus on continuing this with future phases.
- is mostly leased out. Finishing up negotiations with the Osage Tribe of OKC for their component.
- Most of these buildings were designed to have future vertical extensions. Compass will go vertical in the future it sounds like.
Phase 2&3
- Being designed now.
- They plan on starting around December.
- The entire block should be going in Q2 2022.
It sounds like the "The Village" is the name given to the greenspace itself. The Village will be a "small Power & Light" with space for 5,000. There will be festivals, live music, and other events. Of course, a high tech sound stage will be the corner stone of the space. Every building in and around the village will have terraces and balconies over looking it.
They have a few commercial tenants lined up for the Village Marketplace building(old IsIs Theatre parcel). 130,000 sqft of commercial space with a 14,000 sqft market. The design is meant to reflect the old ISIS theatre and other buildings on that block. The bridge over Linwood connects the commercial tenants to a public gym in the Firestone building.
Renderings from the release last week.
Older flyover video from November 2020.
https://www.youtube.com/watch?v=4nSbIyR ... e=youtu.be
