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.