development
|category1=Film Row
|category2=housing
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|project=626 W. Main
|address=West Main Street & Lee Avenue (http://goo.gl/maps/U2oxk)
|status=Complete
|owner=
|cost=
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|finish=3rd Quarter 2010
|contractor=
|height=2 stories
|sq. feet=
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|image=http://www.okctalk.com/images/wikiphotos/626main.jpg
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And it can be yours for just under $1 million!

http://626main.com/

http://626main.com/wp-content/themes/qualifire/scripts/timthumb.php?src=http://626main.com/wp-content/uploads/2010/09/636-Main-006-800x450.jpg&w=250&h=157&zc=1&q=80

Thanks for posting that Pete. I think there was an article in the paper a couple weeks ago on that same loft in Film Row. Also if anyone is looking to move downtown, I will be selling a downtown condo that has been renovated for about $70K, 1bed 1 bath, 700sq. ft. If anyone is seriously interested, PM me.

we need more like this loft.

on another note, does anyone know anything about these? http://www.zillow.com/homedetails/1131-NW-56th-St-Oklahoma-City-OK-73118/69144785_zpid/

cook, it looks like that is a proposed in-fill project of four units on two vacant lots very near Classen Curve:

http://www.sellingoklahoma.com/asp/homes/3188/1053952_13012488orig.jpg

http://www.sellingoklahoma.com/asp/homes/3188/1053952_13012487orig.jpg

Never in a million years would I ever have thought that there would be a million dollar home in the area of Lee and Main. Unbeliveable.

cook, it looks like that is a proposed in-fill project of four units on two vacant lots very near Classen Curve:

http://www.sellingoklahoma.com/asp/homes/3188/1053952_13012488orig.jpg

http://www.sellingoklahoma.com/asp/homes/3188/1053952_13012487orig.jpg

Very interesting. Any more info on who the developer is on this project? Doesn't look all that substantial size wise (only four units), but it seems like a great start for new residential development for the Classen Curve area.

Sorry, bad location...

These are listed for $375,000 on realtor.com ... Better than the million dollar condo on Main, but still too expensive for me.

Looks like the developer is CUNDIFF INVESTMENTS LLC in Broken Arrow. County Assessor shows they bought the lots 2 years ago. Looks like Chesapeake has been buying up houses in that area also.

Does anyone know what ended up happening with a thin, gray 2 or 3-story building along West Main and Lee (I think) that they were doing a really nice renovation of this summer. I talked to the owner and he said he'd like to market it as lofts if the market would cooperate..

Is this it?
http://626main.com/

If so there was also an article in the DOK a few weeks ago, about the owner and more pics.

Yes, that is it. I am shocked that they didn't break it down into smaller, more basic units. Wow that's beautiful though..

so how many luxury lofts do we have now? That seems to be all anyone builds downtown is luxury stuff. One would think they market would have already been tapped at this point.

Well, there are like 100 units in existence downtown that are on this level. And this is one (1). There are more homes in one upscale neighborhood, such as Rivendell or Gailardia, than there are upscale condos downtown.

Spartan please enlighten us where those 100 or so million dollar condos are downtown, I know of less than one dozen and I live downtown.

Oh my God, metro. %$#!%$ %$#@#$% %$#!@O*&^!

First of all, it's not a million dollar condo. The entire building, the loft, and the office space, is being sold altogether for $900,000.
Second of all, $500,000+ condos are the majority of what HAS been built downtown. We all complain about the affordability, don't deny it.
Third of all, we get it. You live downtown. If you want to play that card, I live in a real city, and am studying building them.

This thing's master bedroom walk-in closet alone is 120 sf. It's pretty obvious the kind of people being targeted to live here (ahem, Thunder, ahem).

100+ $500K condos downtown? Let's see, you have the Browntones, maybe 10 or 12 that are at that price or more, and like 6 apartments at City Place or whatever you call it. I totally agree that we need more affordable (around $100K) condos downtown, but those are the only half mil or more condos I'm aware of unless $250-$350K is the new half mil.

There are other high end condos around the downtown area that are by themselves so to speak and not part of a larger development.

What about the units in the Centennial?

Most of those were $350K on the high end.

DirtLaw, there aren't that many work/live independent units downtown, less than a dozen in the greater downtown area.

Metro. Block 42, Centennial, City Place, Brownstones, The Hill, and others were all half-a-million units. Some like the Brownstones were actually most around $800,000. Most of the Centennial's units are considerably MORE than $350,000. Those units were mostly bought up by corporations who saw advantages in hosting guests in a Bricktown condo.

yeah and 95% or more of those were $350K or less. I'd still like to see proof that there is more than a dozen units downtown $500K+. Definitely won't find two dozen, and definitely not the 100+ you mention. I found 4 at the Centennial over $500K

http://www.oklahomacounty.org/assessor/Searches/AN-R.asp?ACCOUNTNO=R208711290

It's simple: go to realtor.com, type in zip code 73104 then 73102 and count the ones above $500k. I count 24.

sounds like my clear blue guess of no more than 2 dozen is about right, paltry if you compare it to the 2,000 or so people living downtown, even if you have 2 people living in each of those 24 units on average, that's only 48 people out of over 2,000 people living downtown. That's @ 2% of the downtown population with a $500K condo.

OK metro whatever you say...

???

Warren88 "proved" Metro's previous post was incorrect ("Definitely won't find two dozen") and now you say "no more than 2 dozen is about right". Seems to be a disconnect there, but as Spartan said...LOL

2 dozen isn't 100+ larry, 24 (2 dozen is a lot closer to no more than 2 dozen) than 100+, which I knew was a big stretch.

but you also said that you wouldn't even find 2 dozen...but whatever

2 dozen isn't 100+ larry, 24 (2 dozen is a lot closer to no more than 2 dozen) than 100+, which I knew was a big stretch.

No, it's not a big stretch. There are at least 100 residential units downtown that are valued over $500k. You can savor it as an opportunity to prove me wrong, but if you want to talk semantics, we can certainly talk semantics. I will defend my statement that residential units valued over $500,000 are not extreme outliers.

Over $1 million on the other hand would be. I would be surprised if there are more than 5 of those.

sounds like my clear blue guess of no more than 2 dozen is about right, paltry if you compare it to the 2,000 or so people living downtown, even if you have 2 people living in each of those 24 units on average, that's only 48 people out of over 2,000 people living downtown. That's @ 2% of the downtown population with a $500K condo.

Ummm... just a tiny problem with your analysis. Realtor.com (which actually has 29 $500,000+ properties listed in the 73102 and 73104 zip codes) only lists properties FOR SALE. That shows us almost nothing about the total number in existence, except that it is surely WELL above 29.

:fighting4

Good god metro just be quiet. It seems you always turn regular threads into arguments just to feed your ego.