Development may come slowly along the new alignment of Interstate 40 south of downtown.
NewsOK
BY STEVE LACKMEYER slackmeyer@opubco.com
Published: June 25, 2011
When Kirk and Grant Humphreys bought the former downtown airpark along Western Avenue a few years ago, they stood alone in announcing intentions to create a new commercial development along the realigned Interstate 40 Crosstown Expressway.
Drawings of “The Waterfront” released in early 2009 showed the development along Western Avenue, the new I-40 and the Oklahoma River would consist of hotels, restaurants, housing and shops. Grant Humphreys even bought a Ferris wheel from the Santa Monica Pier via eBay for the development.
But with the highway set to open in 2012, the father and son are focused on a housing development at Lake Eufaula, and they are taking a wait-and-see approach before proceeding with the airpark.
“Right now it looks like everything is dead in the water,” Kirk Humphreys said. “But right now the highway is dead in the water — it's not usable — yet. But it's always darkest before the dawn. Successful business people invest when others are selling and sell when everyone else is buying.” FULL ARTICLE & WATCH VIDEO
Posted on
Sat, June 25, 2011
by John Cox