By KEVIN CANFIELD
The Frontier
The Tulsa Metropolitan Area Planning Commission on Wednesday approved zoning changes for a developer to move forward with a 261-unit upscale apartment complex at the corner of Denver Avenue and Riverside Drive.
The zoning change — which is a major amendment to the original plan for the property — now goes to the City Council for its consideration.
The developer of the project is Houston-based Bomasada Group.
The apartments would range in price from approximately $1,000 to $2,000 a month.
According to the project plans, the four-story development would cover approximately three acres and stretch from the intersection of Denver Avenue and Riverside Drive north to West 17th Street.
No construction date has been made public.
The underlying zoning on the property is residential, would allow approximately 350 units and includes no building height restriction.
The existing development plan for the property allows for two 12-story structures to be built on the property. Bomasada is proposing that the building height be reduced from 12 stories to 80 feet as measured from the high point of the site.
The proposed apartment complex would be limited to 280 units and be closer to Riverside Drive than was allowed in the original development plans.
The planning commission approved zoning changes that reduce the required building height, eliminate office usage and increase the number of allowed dwellings.
Bomasada Group also built The Enclave at Brookside on 41st Street, east of Peoria Avenue. The company sold the 240-unit apartment complex to Seattle-based Weidner Apartment Homes.
kevin@readfrontier.com
918-645-5452
