Future Uncertain For Pricey Downtown Tulsa Condos

Tuesday, August 30th 2016, 8:59 am
By: News On 6

Two and a half years after breaking ground, owners of new downtown Tulsa condos Urban 8 still haven't sold a single one.

The eight units, which at one point had a price tag of close to $1 million a piece, don't have any new tenants.

The model along 3rd near Kenosha in the East Village is the only one furnished.  Recently - an available sign went up outside of the Urban 8 office building, with the realtor only telling me the space is available for lease or rent.

The price of the condos has also been slashed by $200,000.

8/22/2015 Related Story: Pricey Downtown Living Developments Targeting Empty-Nesters

Developer Yvonne Hovell tells News On 6 the project is still moving along, but a glance inside the condos still shows bare, unfinished walls.

A call into Walter and Associates - who is handling the condo properties - hasn't been returned.