TULSA, Okla. - A report just released by the City of Tulsa indicates good news for the city thanks to $710 million in simultaneous construction in downtown Tulsa.
The report completed by Larsen Property shows that property values in the Brady Arts District are up 70 percent since the year 2000.
50 new investment projects in downtown Tulsa are either complete or underway according to the report.
The One Place Mixed use development, the Aloft Hotel, the 104 room Fairfield Inn and Suites are a few new developments listed in the report.
Mayor Dewey Bartlett says, “I am proud of the fact that construction on most of the 50 new projects are complete or underway despite the severe U.S. economic downturn a few years ago. People who want to live in Tulsa require a nice place to live, with close proximity to work and a place to meet friends. That is downtown Tulsa.”