In Other Words with Janet
Enough about me – let’s hear about some exciting economic growth around Edmond from Janet Yowell, Executive Director of the EEDA. Janet, thanks for all you do for Edmond. – Dave
Edmond has experienced an exciting year of activity with the downtown area leading the way. Since the year 2000, (roughly when the Central Edmond Urban Development Board was created) the EEDA has tracked private investment in the area. An ongoing goal has been to strengthen the character and image of downtown while enhancing economic activity. Since 2000, private investment has totaled over $154,000,000. Here are some larger projects in the works.
The Lark, a residential development west of the railroad tracks between 1st and Main, Fretz and Santa Fe began construction last year and is 35% complete. When completed, it will have 40 luxury modern cottages.
The Campbell, sitting between Boulevard, Jackson, Campbell and Edwards is a $12 million plus development consisting of 2 buildings. The first will total 40,000 square foot of apartments. The second building totaling 44,000 will be a mix of apartments and commercial space.
The largest project of the year at $104 million, not including the parking garage, is The Oxley. This urban multi-family project will include 276 apartments and a 330 space parking garage, with the excess of those spaces open to the public. This project is being constructed on both the north and south sides of Main Street, west of the railroad tracks. The Oxley is scheduled for spring of 2024.
Several mixed use projects along Broadway from Campbell to Hurd are going through the city’s approval project and will bring in over 170 additional residential units. All of these new residential units will help to support existing downtown retail.
With continued investment into the Ice House Project for a bakery/ dairy, along with the Grant Group’s investment around Stephenson Park, one thing is certain, downtown Edmond is evolving into a stronger, more diverse economic base, enhancing the heart of the Edmond community.