This lot originally proposed for an ambitious Uptown Grocery and Senior Wellness center went into limbo. Now the buildings have been torn down and the city approved $5 million in Maps 4 money to buy the property for the Urban Renewal Authority.
Read more here: https://okcfox.com/news/local/city-a...on-ne-23rd-mlkOKLAHOMA CITY (KOKH) — The City approved $5 million in MAPS 4 funding for the Oklahoma City Urban Renewal Authority to obtain a vacant property on NE 23rd and MLK on Tuesday.
Binkowski said they then contacted the Oklahoma City Urban Renewal Authority to request the designation for eminent domain to be released from the property so they could move forward with their own development, but the request was denied.
"With the eminent domain designation on the land, any plans for future development are held hostage. It is unable to plan, propose, sell, develop, DREAM, or otherwise with this looming designation," Binkowski said. "Esperanza continues to pay monthly mortgage payments and interest on the property even though it no longer has any control as a private business/enterprise. No lending institution would approve funds for development plans with this ongoing threat in place."
Oklahoman Article: https://www.oklahoman.com/story/news...ty/9610795002/
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