Stories of Success

First National Center

Transforming an OKC landmark through targeted redevelopment financing

The team behind the major economic development project to revitalize the First National Center in Oklahoma City participated in the New Markets Tax Credits program as a part of the overall strategy to fund this historic redevelopment. The owners are leading a multi-phase project to redevelop the 1931 Art Deco Center Building, the 1957 Center Building, and the 1972 East Building into a 145 room hotel, more than 180 apartments, restaurants and 35,000 square feet of lease and event space. 

The beginning phase will include a parking Garage & Gallery, creating more than 600 new parking spaces downtown.

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