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November 17, 2017, 08:45:56 pm
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Author Topic: (Project) Urban 8  (Read 8143 times)
Conan71
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« Reply #30 on: May 03, 2016, 09:49:30 am »

http://www.tulsanow.org/forum/index.php?topic=20810.0

Who knows if any of this is true, but it seems a bit concerning for them that those 2 lots have been shown as SOLD since they first put up the sign and it has not changed. These are awesome homes and I hope they sell soon and that this becomes a big boost for more development downtown.



As an update, look what showed up on Zillow for $580k! http://www.zillow.com/homedetails/605-E-3rd-St-Tulsa-OK-74120/2098764905_zpid/ (2713 sqft)
There is another one at $690k: http://www.zillow.com/homedetails/613-E-3rd-St-Tulsa-OK-74120/2098764906_zpid/ (3152 sqft)

Sounds like there is some truth to the rumors. The $322/sqft seemed outlandish. ~$200/sqft seems very reasonable, especially with how nice they are, the location and considering the price of the 100 South Boulder Condos. After Santa Fe Square et al are finished? I could see $875k being a bit more realistic.

I wonder if the developer will try to sell all of them rather than moving into one to make up for lost revenue. These look awesome and I hope they go quickly for what they're asking now.

If itís the unit Iím thinking of, I think Yvonne has already moved in.  I also think they will still make a tidy profit at the revised prices.
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TulsaGoldenHurriCAN
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« Reply #31 on: May 03, 2016, 10:51:39 am »

If itís the unit Iím thinking of, I think Yvonne has already moved in.  I also think they will still make a tidy profit at the revised prices.

That is good news! I hope this development is profitable and encourages more condos downtown (hopefully at lower prices & higher density Smiley )
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Conan71
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« Reply #32 on: May 03, 2016, 11:14:17 am »

That is good news! I hope this development is profitable and encourages more condos downtown (hopefully at lower prices & higher density Smiley )

I may be off-base on that, all the plats in the assessorís office show every unit (or division of the plat) for Urban 8 is still titled under Tulsa Urban Development Group, LLC which was Yvonne Hovellís development company.  They also show she still owns a home out south so she may not have taken residency and thatís just a staged unit, not sure, though I know someone who probably would know.
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Bamboo World
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« Reply #33 on: September 06, 2016, 04:37:53 pm »


For other posters who might not realize there is more than one thread about Urban 8...

I figured this out today.

See also:

"Urban 8" started by johrasephoenix on Oct 24, 2014

TulsaNow's Urban 8 project page, which describes the development as "complete" in March 2016.  However, I don't think it's done, yet (Labor Day weekend 2016).
 
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