Tulsa Metro Seeing An Increase In 'Luxury Living'

Tuesday, May 6th 2014, 11:16 pm
By: News On 6

More than 30 apartment complexes are going up across the Tulsa metro. We're also seeing luxury living in the suburbs, with more to come in the future.

The complex off Brookside is one of the more than 30 being built. You can see the gym and the nice design; that's what builders say renters want, and now, they're getting it in Tulsa.

"There's a huge need for housing," said Adam Peck with Simmons & Kourtis.

Not just housing, apartments, and not just in Tulsa but also in the suburbs.

"Very good quality of life in the suburbs of Tulsa," said Peck.

He would know. He's with Oklahoma-based real estate company, Simmons & Kourtis. The company built family homes before the recession, but took on apartments after starting in Stillwater.

"That project filled up overnight," said Peck.

The company's success in Stillwater turned into 300 luxury apartments in Oklahoma City. Now, they are working on their biggest project yet in Owasso.

Just two months in and the complex is already 50 percent full.

"Leasing is going very, very well, better than expected," he said.

The Ninety Eight Apartments are luxury apartments, and luxury means: putting greens, a gym, rec room, pool, cabana and even fishing.

"It's the new standard. Everybody wants that luxury title," Peck said. "Twenty minute drive downtown. Little bit more affordable than living in your Midtown area."

According to the city of Tulsa, 29 of the apartment complexes under construction are in Tulsa city limits. Others are in Broken Arrow, Glenpool and Jenks.

That's where Peck said Simmons & Kourtis plans to build next. He said Tulsans will soon see more apartments in the suburbs using that same luxury title.

"Luxury housing that people can use and enjoy," he said.

The complex going in Glenpool will be one of the biggest housing developments in Glenpool history; and in Broken Arrow, lofts in the Rose District will be right next door to new restaurants and retail.

That's what people in real estate say you can expect more of.