The biggest affordable housing project in downtown Oklahoma City has finally begun construction after years of delays.
According to the developers, it will assist ease Oklahoma City’s affordable housing shortage at Northwest 4th Street and E.K. Gaylord Boulevard.
Two apartment complexes will be constructed in the region during the next two years to serve those who work in downtown Oklahoma City.
Alley’s End, a $60 million project, will consist of two multi-family apartment complexes totaling 214 units. Forty-five of those will be family apartments with three bedrooms.
Future homeowners will have access to a nearby gym and daycare because the buildings are across the street from the YMCA.
According to Rose Rock Development Partners, this location was chosen especially to provide affordable accommodation for people who work in downtown Oklahoma City.
“This project is going to serve the people of Oklahoma City that serve us. People like Oklahoma City fire, police, EMSA, teachers, service workers, hospital workers. They deserve a nice place to live just like anybody else and is close to their place of work in downtown OKC,” said Tim Strange, with the development company.
The flats are scheduled to be finished in 2026, however, the housing project was delayed for almost five years. Developers blamed the delay on COVID-19 and growing costs.
According to the developers, a family of four may apply to rent an apartment unit if they make $50,000.