Wow. This is extremely impressive. Hopefully it happens.



The biggest development ever in Logan County is in the works.

The problem is how to pay for it.

"All I was looking for was a hospital to serve the county," said Dr. Charles Wedde, a local doctor and co-founder of Trinity Regional Development.

Weddle's simple idea has turned into a half-billion-dollar project.

"Over the next 5-10 years, it's been projected that this piece of property could run project costs of half a billion dollars or more," said Weddle.

The Trinity mixed use development would be built on a nearly 150 acre lot in the northwest corner Interstate 35 and Waterloo Road. It would include a hospital, medical buildings, apartments, and restaurants.

"We believe that this mixed use development, which will spurn other developments along I-35, as well as Waterloo Road both north and south of the boundary, would help support that growth. This would allow exposure of not only first class physicians to the community, but the community to services that they don't have currently nearby," said Weddle.

The project would be paid for by tax increment financing or "TIF." That means tax money would go back to the developer.

Read more: Major Logan County development stalled by funding | Oklahoma City - OKC - KOCO.com