Originally Posted by
aDark
I agree with you. If the target renter is 40+ years and up, then this is a fantastic spot for apartments. I would never suggest that the Whole Foods and other surrounding services are anything less than stellar. And if that was the Canton's objective then I'm surprised we are seeing reports that it wasn't receiving significant interest from renters to be.
Statistics do show that renters, especially apartment renters, skew young - and I'm not just pulling that out of a hat to be argumentative. And please know, I'm not a real estate developer and I don't claim to be anything more than someone with an uneducated opinion!
My belief is that most renters in OKC skew towards young millennials and gen Z folks. Unlike larger metros, the cost of living is cheap here and the barrier to become a home owner is low. Which would support the theory that apartment seekers in OKC are even younger than in other areas.
That generation just doesn't hang out in the Nichols Hills area, of today. Anecdotally, the only time I see 25-year-olds out that way is shopping at LuluLemon. Even then, they're probably only there to return an item that didn't fit - as they order everything online.
I keep seeing comments from other posters of how great this area was and all these cool former bars. It's not that anymore. If you're under 30, the hangout is uptown, midtown, plaza, paseo, bricktown, Western (kinda), Chisolm, Edmond main street, etc. Those densely packed areas with amazing food and beverage options didn't exist back in the 80s and 90s when you were bar crawling near Classen Curve.
Personally, I love getting dinner at Hutch or cocktails at The Ellison. I'm not suggesting there aren't plenty of options. Just that the options that are there are too pricey for young people and so young people didn't want to live a the Canton.
Again, I don't know jack I'm just hypothesizing here.
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