- Cathy O’Connor
Expansion continues in downtown OKC
While we are facing what may be a worldwide economic downturn, Oklahoma City’s economic development planning, investment in our city and efforts to diversify our economy are paying off. A look at new development and investment in and around the central business district shows we haven’t skipped a step.
Construction is underway at the former Villa Teresa School at Classen Boulevard and N. Dewey Avenue by developers Marva Ellard and Billy Woodring.
This $50 million redevelopment will preserve a beloved historic school site and redevelop the main building into a 70-room boutique hotel with a restaurant, bar, health spa, gym and meetings rooms. The 3.5-acre site will also include 10 contemporary two- and three-bedroom town homes and seven flats for homes along Dewey Avenue with covered patios and balconies, each with a view of the downtown skyline.
![](https://static.wixstatic.com/media/311dee_fc30646b684847b3a8b4bf358af313a8~mv2.jpg/v1/fill/w_112,h_59,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/311dee_fc30646b684847b3a8b4bf358af313a8~mv2.jpg)