7 at Crown Heights

[wsucougz]

7 at Crown Heights
NW 37th and Olie Avenue
owner=Brent Swift
Butzer Gardner Architects
finish=2012
7 residential units, including restoration of the art-deco 4-plex


Information & Latest News

Links

Downtown Housing Summary
Urban Project Summary
County Assessor Record
Gallery

[USG'60]

What incredible news. For at least 20 years I hoped and dreamed that whoever bought it would call me to restore but now I am too old for that size of project. I had driven down Western just yesterday, saw it and nearly cried at it's state. Thank the lord, it is now saved. WHEW, THAT was close, but we made it.

[BDK]

Sounds interesting. Can't wait to see the finished product.

[wsucougz]

Looks like this Brent Swift design/build is doing the project and they will be condos:

http://www.facebook.com/pages/Brent-...14189231950651

Based on the photos, it looks like they have a history of doing some nice work.

[metro]

I tried buying that to restore it. Although I wish I'd gotten it, I'm glad to see it saved.

[bluedogok]

I tried buying that to restore it. Although I wish I'd gotten it, I'm glad to see it saved.

I never got a call back from them the times that I tried calling the number on the sign that was there forever.

The roof on the apartment building was caved in the southeast corner when I looked at it last year.

[Pete]

I love this!

They are razing that old garage (you can see in aerials that it is collapsing from the top) but will repeat the dark brick elements around the top band to complement the existing 4-unit structure. And there will also be three new units and a total of 9 garage slots in that building.

Fantastic location and design.

[wsucougz]

And a lap pool. Gonna be ridiculously nice.

[benman]

Bought for 350K (crazy)
Renovations 300K+?
Architect Fees 10k?

Total: 660K-750K?

Im assuming rent on those will run about $1,500+?
Someone help me out here.
Oh and I saw Stucco on the plans... Where is everyone that is usually complaining about stucco claiming how terrible it is???

[Spartan]

Bought for 350K (crazy)
Renovations 300K+?
Architect Fees 10k?

Total: 660K-750K?

Im assuming rent on those will run about $1,500+?
Someone help me out here.
Oh and I saw Stucco on the plans... Where is everyone that is usually complaining about stucco claiming how terrible it is???

There is more property with this than just the 4-plex.

[Spartan]

The new addition besides the 4-plex looks kind of similar to the new condos being built over by Classen SAS.

[wsucougz]

Bought for 350K (crazy)
Renovations 300K+?
Architect Fees 10k?

Total: 660K-750K?

Im assuming rent on those will run about $1,500+?
Someone help me out here.
Oh and I saw Stucco on the plans... Where is everyone that is usually complaining about stucco claiming how terrible it is???

Bought this and the place next door for $350. Renovations - $1mil+ I would guess.

It's not really much of a steal, I don't think. Both buildings are in tremendously bad shape.

[benman]

Bought this and the place next door for $350. Renovations - $1mil+ I would guess.

It's not really much of a steal, I don't think. Both buildings are in tremendously bad shape.

If renovations are anywhere near $1mil+ I have a very hard time believing those will be able to lease... Hopefully Im wrong though, because when I am, you will find me doing more similar infill projects all over the city.

[wsucougz]

If renovations are anywhere near $1mil+ I have a very hard time believing those will be able to lease... Hopefully Im wrong though, because when I am, you will find me doing more similar infill projects all over the city.

The 4-plex is looking like condos, with the garage apts for-lease. I'm talking probably $1mil for the renovation of 4-plex plus garage/garage apts and the duplex next to the 4plex. $300k won't even finish the 4-plex in its condition. Maybe a million is pushing it, but throw in a lap pool(as proposed), and they have to be getting close.

[Spartan]

If renovations are anywhere near $1mil+ I have a very hard time believing those will be able to lease... Hopefully Im wrong though, because when I am, you will find me doing more similar infill projects all over the city.

This isn't Ideal Homes.

[MidCenturyModOKC]

Bought this and the place next door for $350. Renovations - $1mil+ I would guess.

It's not really much of a steal, I don't think. Both buildings are in tremendously bad shape.

I don't really feel that the building was a "steal". More importantly the building is historically and architecturally important to Crown Heights and to NW OKC. Because of this I think that he will be able to get more than $200 per sq foot which means they will come out ahead.

[rcjunkie]

Bought for 350K (crazy)
Renovations 300K+?
Architect Fees 10k?

Total: 660K-750K?

Im assuming rent on those will run about $1,500+?
Someone help me out here.
Oh and I saw Stucco on the plans... Where is everyone that is usually complaining about stucco claiming how terrible it is???

Most complaints about Stucco were related to commercial buildings, not residential dwellings.

[betts]

Most "stucco" complaints were related to EIFS, the faux stucco.

[USG'60]

I must say, I am disappointed so far with the design. There was no need to go postmodern on a deco bldg. It is better than nothin' I reckon, but I am sad at this point.

[Pete]

USG, remember that the main building -- the 4-plex -- will be completely restored to it's original glory.

The plans shown here are the replacement for the adjacent garage structure.

[USG'60]

Thank goodness. That was not clear on their FB page. But still, it would seem that the new part would be more compatible with the original. But, I also know that it is all subjective. Thanks for clearing it up for me, Pete.

[BG918]

Brent Swift has done some great infill projects in Norman. Good to see him work on some in OKC as well.

[soonerhcf]

That seems like a great project and I hope they can get it done. The Norman loft that Butzer Gardner did for Swift that was recently featured in Slice looks amazing. Best of luck to those guys.

[blangtang]

What was the asking price?

[Spartan]

You should check out some of the other Deco and 50s modern homes scattered around Crown Heights and similar neighborhoods. Good architecture is good architecture. Nobody has recently bemoaned the Bruce Goff home on NW 59th even though that definitely stands out. That used to be in terrible shape also until it was recently remodeled. Now that I think of it, we are just hemorrhaging all of this incredible architecture right now..it's kinda sad. But it's awesome that this building will be saved!

But if someone wanted to build something more traditional out of quality materials, I think that would be great. Just pick a vacant surface lot downtown and build the thing already!! lol