NW corner of NW 9th & Shartel (http://goo.gl/maps/zOykP)
owner=Mode Development
height=2-3 stories
7 for-sale units

http://www.okctalk.com/images/pete/lisbonwiki1.jpg
Information & Latest News
11/12/13: Midtown becoming downtown neighborhood (http://newsok.com/from-blighted-to-booming-midtown-becoming-downtown-neighborhood/article/3904074)
9/26/13: $1.25 million in building permits.

Links
County Assessor Record (http://www.oklahomacounty.org/assessor/Searches/AN-R.asp?ACCOUNTNO=R013200032)
Mode Development (https://www.facebook.com/modedevelop?fref=ts)

Gallery

I'm hearing that the Mode development may actually start happening soon.

A recent post of theirs on FB/Twitter:


Look out for something's to be happening at 9th and Shartel soon! Big news is FINALLY coming...thanks to all for their persistence, support and patience #lisbonlofts


http://d13pix9kaak6wt.cloudfront.net/background/modehomes_1303694046_32.jpg

http://sphotos-b.xx.fbcdn.net/hphotos-snc7/s720x720/312897_220478294681850_593174326_n.jpg

http://sphotos-b.xx.fbcdn.net/hphotos-snc7/310571_242846652445014_1303274919_n.jpg


More about Mode:


Over the last seven years, James Ellison, has played a key development role in the new construction of 782 homes and 100,000+ sqft of commercial space in the Pacific Northwest. Having a keen eye for opportunity and land speculation he left the Seattle area to take his urban development practices to downtown Oklahoma City. In 2010 he Co-Founded Mode Development, LLC and in partnership with St Anthony Hospital is developing “for sale” housing and commercial space in the midtown neighborhood. Mode Development is dedicated to improving the quality of housing options in Oklahoma City where the company is headquartered.

PLEASE let them go through with these overhead doors!


http://sphotos-b.xx.fbcdn.net/hphotos-ash3/s720x720/548023_385741178155560_1656063128_n.jpg

http://sphotos-a.xx.fbcdn.net/hphotos-ash3/578063_367878776608467_1398450847_n.jpg

http://sphotos-a.xx.fbcdn.net/hphotos-ash4/298173_207979355931744_1360419493_n.jpg

http://sphotos-a.xx.fbcdn.net/hphotos-ash4/s720x720/314073_207981945931485_1457452761_n.jpg

Pretty odd to be so successful in Seattle and unable to do a timely development in OKC.

Ellison was just the Marketing Director in his previous position, not the primary developer. He lives in SF, not OKC.

Probably broke off to do things on his own, and did so just as financing was completely drying up.


This project looks super slick and there are plenty more infill lots in that area.

James is a class act and a hustler. He's a young guy as well. I believe this is his first 100% solo deal, and I give him major kudos for continuing to push and work in order to make this project a reality after moving back to the west coast over a year ago. He could have just given up on the project and the area, but he didn't.

Tanything like these renderings would be an amazing addition o SoSA!

Love this concept. A lot.

James is a class act and a hustler. He's a young guy as well. I believe this is his first 100% solo deal, and I give him major kudos for continuing to push and work in order to make this project a reality after moving back to the west coast over a year ago. He could have just given up on the project and the area, but he didn't.


Reason he left OKC? maybe knowing why can help to improve the environment for other visionaries to maybe stay.

Reason he left OKC? maybe knowing why can help to improve the environment for other visionaries to maybe stay.

Personal - he followed his wife to OKC from Seattle for her job, and now he's back in his native California.

He's not actually solo on this, the local backing (at least when the project was initially started) was by Baker First Commercial. James may have severed ties by now, not sure. James was working with them when he still lived here.

He's been saying breaking ground soon for over 2 years. He said ground breaking soon again several months back. I'll believe is one when it breaks ground,nalthough I hope it does, it's a great project and I own property in the area.

He's been saying breaking ground soon for over 2 years. He said ground breaking soon again several months back. I'll believe is one when it breaks ground,nalthough I hope it does, it's a great project and I own property in the area.

Agreed. I know its been hard to get financing though, especially for a project in a "green" area like SoSA.

If you like the style this project is proposing (modern, townhouse style), I would look into the 430 NW 12th project in Midtown. The MR folks already own the building and should start work on it in no time.

He's been saying breaking ground soon for over 2 years. He said ground breaking soon again several months back. I'll believe is one when it breaks ground,nalthough I hope it does, it's a great project and I own property in the area.

I think you are being a bit unfair, as he's never made emphatic statements on FB or Twitter. Just that they are making progress, and "hope to break ground soon".


Also, Saint Anthony owns the land and I believe they are still partners in this project.

Pete, I talked to him 2 months ago. I stand behind my statement,but hope I'm proven wrong soon.

Considering they feel like they have made good progress recently, telling you two months ago they hope to break ground soon is hardly a condemnation of his credibility.

He's been saying breaking ground soon for over 2 years. He said ground breaking soon again several months back. I'll believe is one when it breaks ground,nalthough I hope it does, it's a great project and I own property in the area.

Day drinking?

Regarding The Mode: Gorgeous. Any word on #bedrooms and price points? Checked out FB and T, but didn't see this info. Perhaps they're not ready to disclose yet.

Regarding The Mode: Gorgeous. Any word on #bedrooms and price points? Checked out FB and T, but didn't see this info. Perhaps they're not ready to disclose yet.

It's called Lisbon Lofts, try searching for that.

Just today there was an application filed with the Downtown Design Review Committee for this project.

Very exciting to see this project get back on track. Things are heating up!!

Those overhead doors are simply outstanding.

Sorry, if already noted, but where would these lofts be?

Sorry, if already noted, but where would these lofts be?

NW corner of 9th & Shartel, directly west of Saint Anthony.

Saints actually owns the land so this must be a joint-venture of some sort.

I corrected my post above because while the on-line summary of this application does state 1- and 2- stories, I just traded emails with the developer who informed me they will still be 2- to 3- levels and that City posting was in error.

I corrected my post above because while the on-line summary of this application does state 1- and 2- stories, I just traded emails with the develop who informed me they will still be 2- to 3- levels and that posting was in error.

Do you know if these will be for rent or for sale?

I was just ranting about how uncreative developers are here, but this would definitely be a step in the right direction.

I should have more information soon, including hi-res renderings.

Just learned Lisbon Lofts will be for sale units, with townhouse type ownership and little to no HOA fees.

Price not set yet but with the level of finish shown, you can bet they'll be pricey.

Just learned Lisbon Lofts will be for sale units, with townhouse type ownership and little to no HOA fees.

Price not set yet but with the level of finish shown, you can bet they'll be pricey.

James once told me he was trying to stick below $300,000. We'll see.

Wow, excited to see the Lisbon project moving forward!

So anyone have an update on the Lisbon? lol

So anyone have an update on the Lisbon? lol

Wasn't that project recently approved to move forward?

Wasn't that project recently approved to move forward?

Yes, it was. No LOL needed. DDRC approved the project in full last week. Not sure if this link will work, but here's the DDRC agenda from August 15: SIRE Public Access (http://www.okc.gov/AgendaPub/meeting.aspx?cabinet=published_meetings&docid=53990)

You don't think the Lisbon, despite its game-changing potential for the less vibrant western side of Midtown, deserves an lol along with a status update?

This project is like 6 years in the making and is always "just another few months" away from groundbreaking. My lol was unfortunate and especially inconsequential but this is an internet forum where people speak bluntly

You don't think the Lisbon, despite its game-changing potential for the less vibrant western side of Midtown, deserves an lol along with a status update?

This project is like 6 years in the making and is always "just another few months" away from groundbreaking. My lol was unfortunate and especially inconsequential but this is an internet forum where people speak bluntly

You can be blunt, and yes, in the past it's been slow, but actually moving forward and paying the $500 fee for design review, and then beginning to market, means something will finally happen. Kudos to James for keeping with it.

I'm asking this because I'm genuinely interested in this project, but how are they "beginning to market" when they've been marketing all along? Or do you mean that leases are being signed?

St. Anthony's takes their time and his planning and pursuit of financing happened in the middle of recession. Simple as that.

Looking forward to it James!

I'm asking this because I'm genuinely interested in this project, but how are they "beginning to market" when they've been marketing all along? Or do you mean that leases are being signed?

Leases? I thought these were For Sale?

Leases? I thought these were For Sale?

They will be for sale, yes. James emailed a group of interested people the day it went through and said they'd have actual marketing material available soon...

So anyone have an update on the Lisbon? lol

found out the other day that they expect to be permitted in 2 -4 weeks and expect to break ground directly afterwards ..

also heard that the price point will be around 200-220 a sqft

found out the other day that they expect to be permitted in 2 -4 weeks and expect to break ground directly afterwards ..

also heard that the price point will be around 200-220 a sqft

Wow that's great

found out the other day that they expect to be permitted in 2 -4 weeks and expect to break ground directly afterwards ..

also heard that the price point will be around 200-220 a sqft

Sweet. Thanks for the update.

This project continues to move forward...

$1.25 million in building permits issued today.

Hopefully, we'll start to see ground move soon.

BTW, the overhead doors shown on this thread were for another project... Never was planned for Lisbon Lofts.


Here are some more graphics:



http://www.okctalk.com/attachments/urban-development-buildings/4527d1380214633-lisbon-lofts-lisbon11.jpg


http://www.okctalk.com/attachments/urban-development-buildings/4528d1380214634-lisbon-lofts-lisbon12.jpg


http://www.okctalk.com/attachments/urban-development-buildings/4529d1380214635-lisbon-lofts-lisbon13.jpg


http://www.okctalk.com/attachments/urban-development-buildings/4530d1380214636-lisbon-lofts-lisbon14.jpg


http://www.okctalk.com/attachments/urban-development-buildings/4531d1380214637-lisbon-lofts-lisbon15.jpg

Does anyone know if covered parking or any sort of garage is included?

Does anyone know if covered parking or any sort of garage is included?

Yes, all seven units will have a private garage (Building 3):

http://www.okctalk.com/attachments/urban-development-buildings/4527d1380214633-lisbon-lofts-lisbon11.jpg

Not surprisingly, these units are expensive:

https://scontent-a-lax.xx.fbcdn.net/hphotos-ash3/547454_600358276693848_99224745_n.jpg


https://scontent-b-lax.xx.fbcdn.net/hphotos-prn2/1375324_595919480471061_889633767_n.jpg

Can't see them bringing >$200/sqft with no walk-in closet.

Can't see them bringing >$200/sqft with no walk-in closet.


Respectfully, I wouldn't know why not. The Brent Swift condo project in Crown Heights, 7 Condos, brought $237 per sq foot with nothing more than a bank of built ins similar to what this has been designed. Actually from a storage standpoint a walk-in is wasted space, built ins can fit much more and keep it more organized. I think that people who are looking at this type of project understand that they are sacrificing some amenities, mainly square footage, to live where they want to live and in the style that they enjoy. It is a challenge to find modern design for sale in OKC! I think these will do very well and I am very happy for the forward movement! Cheers to them! I would like to see many more projects that are for sale in this area vs. the new standard which has become $1700+ per month rental units.

I think that Oklahomans want to own because they grew up owning, their parents owned their home, and they are more comfortable investing than throwing away money on rent. With land prices low here in OKC, most people are able to purchase and so I think that must transition to downtown opportunities in order to keep spreading the desire to move center city.

Just my thought.

I mean, don't get me wrong, I hope they bring that, but I feel like they'll sell for 5% to 10% less than their asking price.

I have to say that if I were moving back to OKC in the next year I would be looking at these very very closely.

I agree that the list price seems a little high, but what would a real estate agent use as comps? There is nothing similar to compare them to.

The last five units sold at The Hill (at least the ones where they list the square footage) have all gone between $230 and $250 per SF.

And I bet those numbers are higher on the more recent sales, it's just the square footage is not yet available on the County Assessor site.


The Hill has more amenities -- or at least they will, eventually, but this project has rooftop decks that should provide great views of the skyline, and I am probably not the only one that would prefer that over a community pool.

The Hill has more amenities -- or at least they will, eventually, but this project has rooftop decks that should provide great views of the skyline, and I am probably not the only one that would prefer that over a community pool.

You're definitely not. I prefer to have a pool of my own anyway. But this is why cities like Los Angeles, Seattle, Atlanta, etc., interest me, because of housing with astounding skyline views.

Remember, this project is immediately across the street from the St. Anthony garage that people use to take great photos of the skyline.

I bet even from the roofs of the 2-story units, you'll have a very nice view.

Here is an approximation of the view:

http://www.okctalk.com/attachments/urban-development-buildings/4954d1383516341-lisbon-lofts-lisbon-view.jpg

Man, those sure are some flat trees...

Maybe they are junipers? :rolleyes:

Remember, this project is immediately across the street from the St. Anthony garage that people use to take great photos of the skyline.

I bet even from the roofs of the 2-story units, you'll have a very nice view.

Technically not true in regards to where the photos taken from. Most of the SE looking views of DT are shot from the other Saints parking garage, further down on 9th street, next to the old Physicians building on SE side of 9th and Lee. Lisbon is behind the main parking garage, directly west of the hospital and one block NW of the other parking garage.

I'm stoked for many reasons this project is moving forward. 1.) I own property in SoSA 2.) This is much needed infill in the last unconnected part of DT, and this coupled with the new project recently announced for 10th and Shartel, is going to really start filling in the gaps and add much needed streetlife to NW downtown.

...but this project has rooftop decks that should provide great views of the skyline, and I am probably not the only one that would prefer that over a community pool.

Yep. That would have me sold. Really wish I had a rooftop deck.

Yep. That would have me sold. Really wish I had a rooftop deck.

Ditto. Really wish I had that kind of money.

Someone posted a "sneek peak" pic on instagram:

http://iphotos-a.ak.fbcdn.net/hphotos-ak-prn/1208456_657446427621376_97708247_n.jpg

Source: Instagram (http://instagram.com/p/gbdXC0M8Zy/)

Although this is just a variation of one of the renders in the gallery above:

http://www.okctalk.com/attachments/urban-development-buildings/4525d1380214631-lisbon-lofts-lisbon9.jpg

Just lighter coloration, with sky, trees, and silhouette people added.

I wonder if they'll do more landscaping than is shown in these sketches. Looks pretty sparse.

They should be releasing their full marketing package soon, but here is a sneak peak from Twitter:

https://pbs.twimg.com/media/BZ7wOcXCcAAQLNo.jpg:large