New Providence Place Apartments

[circuitboard]

Has anyone else noticed the New aparatments on sw12th and Macarthur? "Providence Place" based out of Dallas, TX. I passed the construction site today and they already have structures up, and the amenties look impressive for the area.

http://www.theprovidenceplaceapts.com/index.html

[ljbab728]

Has anyone else noticed the New aparatments on sw12th and Macarthur? "Providence Place" based out of Dallas, TX. I passed the construction site today and they already have structures up, and the amenties look impressive for the area.

http://www.theprovidenceplaceapts.com/index.html

That is a very underdeveloped area and is ripe for something like that.

[circuitboard]

That area has seen quite a bit of growth recently, and isnt the new outlet mall, not far from there on reno and council?

[ljbab728]

That area has seen quite a bit of growth recently, and isnt the new outlet mall, not far from there on reno and council?

The outlet mall is about 3 miles away and the expansive Westgate Marketplace is about a mile north.

[Thunder]

Too pricey. I give this place an F grade on affordable housing.

[metro]

Thunder, all of OKC's apartments don't need to be low grade, low rent. For some that is very moderate.

[MIKELS129]

I am surprised at what they call amenities.. seems bare neccessities to me.

[rondvu]

Don't mean to sound like a Danny Downer. It twenty years it will all be section 8 and a tick to the area. Just look at Lyrewood Lane and Stratford Drive. Woodlake was once the premier apartment address in Oklahoma City. Now the OCFD calls it Firewood Lane and the OKCPD calls it Lyrehood Lane. The over abundance of the mega-apartment complexes has been the demise of the Putnam City School district. Over fifty percent of the students are now on free lunch. I am sure the apartments are not the only reason, but certainly it started the ball rolling. As you can tell I am not a fan of apartments. Most are allowed to run down and the owners just want their guberment checks coming in. They have no thought to what they are doing to the neighboring area. There are a few exceptions, Pheasant Run on N. Meridian and Warwick West on NW Expressway.

[BG918]

Don't mean to sound like a Danny Downer. It twenty years it will all be section 8 and a tick to the area. Just look at Lyrewood Lane and Stratford Drive. Woodlake was once the premier apartment address in Oklahoma City. Now the OCFD calls it Firewood Lane and the OKCPD calls it Lyrehood Lane. The over abundance of the mega-apartment complexes has been the demise of the Putnam City School district. Over fifty percent of the students are now on free lunch. I am sure the apartments are not the only reason, but certainly it started the ball rolling. As you can tell I am not a fan of apartments. Most are allowed to run down and the owners just want their guberment checks coming in. They have no thought to what they are doing to the neighboring area. There are a few exceptions, Pheasant Run on N. Meridian and Warwick West on NW Expressway.

The same thing has happened in a number of cities where apartments 'clustered' in the 70's and 80's. Lyrewood & Stratford and NW 122 & Penn area, as well as 61st & Riverside/Peoria area in Tulsa, Greenville & Park Lane area in Dallas, and a number of similar areas come to mind where planning departments allowed over-building of apartment complexes that have since become government housing.

[Spartan]

61st and Peoria is really the worst example out of all of those, and didn't even become so bad with just the apartments themselves, but when they became govt housing is when the area hit decline, and hard.

It looks like these jokers are trying to pull off what will probably be marketed as downtown housing....15 minutes out of downtown.

[metro]

rondvu, that's a stretch comparing it to Lyrewood Lane, the worst stretch of apartments in the state. A solid mile of apartment communities. We're talking about one apartment complex here with Providence Place, not dozens. Yes it will probably run down in 20 years, but to compare it to Lyrewood Lane is pretty audacious.

[Spartan]

It shows you what happens with sprawl, though. I think Lyrewood Lane is a spot-on example of the future that awaits ANY unsustainable development.

[MIKELS129]

I think he is right about the mega size apartment complexes. I wish they would limit them to less than 100 units.

[OKCMallen]

That does seem pretty pricey actually. Approaching downtown prices. I pay less to own my home, that has more sq ft, than their biggest apt, in a better part of town (50th and Western). (Not that I'm anything special.)

[Midtowner]

That does seem pretty pricey actually. Approaching downtown prices. I pay less to own my home, that has more sq ft, than their biggest apt, in a better part of town (50th and Western). (Not that I'm anything special.)

Agreed. Definitely pricey. Not sure what demographic they're after in that area. That's higher than many downtown prices.

[rondvu]

Metro, I am not referring to all apartments or complexes, that would be foolish. I am referring to the so call "MEGA-APARTMENT COMPLEXES". Whether it be a sole complex or a cluster of complexes more often then not they have a short lifespan as premier properties. That is why I also included two good examples of "good apartments" in my posts. I am only referring to the typical track record of such business adventures. Hopefully I can eat my words in a few years. BG918 and Spartan seem to know what the intent of my post is trying to state.

[adaniel]

Agreed. Definitely pricey. Not sure what demographic they're after in that area. That's higher than many downtown prices.

Actually I pay about that in my (soon to be former) place, although I live in a more affluent part of town. Surprisingly I had a friend from Dallas help me find that place and she remarked on how affordable it was considering the all features I got.

At the risk of sounding really snobby, the nature of the apartment market here in OKC is if you don't want to live around riff raff, you need to just pony up the money or get a house.

[Midtowner]

Actually I pay about that in my (soon to be former) place, although I live in a more affluent part of town. Surprisingly I had a friend from Dallas help me find that place and she remarked on how affordable it was considering the all features I got.

At the risk of sounding really snobby, the nature of the apartment market here in OKC is if you don't want to live around riff raff, you need to just pony up the money or get a house.

I had what I thought was a pretty decent place at a much more affordable rate than the above... but you're right for the most part. Part of what you pay for with higher prices is better neighbors.

[lasomeday]

I googled the address and it has it off of Portland. So this housing would be about 7 minutes from downtown and pretty close to Dell and the Section 8 housing south of it.

[SkyWestOKC]

It's off of MacArthur....I drove by it yesterday.

[ljbab728]

I googled the address and it has it off of Portland. So this housing would be about 7 minutes from downtown and pretty close to Dell and the Section 8 housing south of it.

It's 2 miles from Dell and the Section 8 housing across the street from Dell so that's not a relevant issue. The new housing downtown is closer to Section 8 housing.

[ms7168]

One thing about it the rent prices would keep the riff raff out. My mortgage payment is less than the cheapest apartment and that includes taxes and insurance. You would have to add renters coverage to the apartment prices. Another factor is the 866 number. What happens if something goes south in the middle of the night on the weekend? You get to wait two weeks to get it fixed?

[betts]

It shows you what happens with sprawl, though. I think Lyrewood Lane is a spot-on example of the future that awaits ANY unsustainable development.

Actually, I think it's a risk anytime you build really affordable housing. That was always my concern with affordable housing downtown. Corners are cut, less durable and therfore less expensive materials are used and over time, buildings deteriorate. In most older large cities, the affordable downtown housing is old expensive apartments and homes that, when they deteriorate, become affordable for many, but also very conducive to remodeling, as the outer structures are attractive and relatively intact.

[Kerry]

It shows you what happens with sprawl, though. I think Lyrewood Lane is a spot-on example of the future that awaits ANY unsustainable development.

I am going to agree with this statement. When we lived in Tampa we bought a nice home in a suburban community. We lived in that house for 6 years and at first the deed restrictions required owner-occupied only, no renting. After about 2 years they said renters were allowed but it had to be a 12 month lease and landsacpe contract in place with a professional landscaper. Then it went to 6 months, then the landscape requirment was gone. After that we moved to Jacksonville.

I went back to Tampa about 5 years later and drove by our old subdivision. It looked like a bomb went off. Cars parked in the yards, which was the only thing keep the weeds down, the palm tree in our yard hadn't been pruned since I did it just before we moved, the fences were falling down, people had sheets in the windows instead of blinds or curtains. I was actully uncomfortable driving through a place where my kids learned to walk and ride a bike. It was very sad.

I have been trying to convince my wife to move closer to downtown, if not in downtown, but she alwys has a reason not to. Then last night we were talking and she brought up how many towns and cities in Europe don't have a lot of traffic. I told her it is because people don't need cars. The density is much higher so most people walk where they need to go and rail takes them to places they can't walk to. For some reason she just doesn't make the connection between the two scenarios.

[circuitboard]

Looking pretty good, considering the area. I Like the use of more stone details. The red brick buildings are "loft" style apartments. Neat that they mixed those with traditional designed apartments. Something different for OKC. The developer is out of Dallas, maybe we will see some more developments from Dallas developers. I've always been fond of many of the designs in Dallas uptown and surrounding.