Allsup's burritos! …Whataburger or In-N-Out? …OKC CREATE!

Lina Portman2 weeks ago

0 4 minutes read

AUSTIN, Texas – Hey, y’all. It was a pretty light week for real estate news around OKC, so I went to GTT − Gone to Texas − to find some at the National Association of Real Estate Editors (NAREE) annual conference.

I'm kidding. It was not that light. But with me on a special project last week, and in Austin this week, my friend and colleague Steve Lackmeyer has been around me, reporting on a new office project, high home prices in downtown d 'Oklahoma City and a historic move (outside) of an original Bricktown business.

When I come back… wait a second.

When I can return to my laptop, wherever that may be, I hope to tell a few stories from the NAREE conference, including one that I think will ultimately change home building like nothing has since that the tents fell into wood. -frame construction: 3D printed houses. It's wild. Look for it in the coming days.

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Hey Allsup's, watch your burritos!

On the way, I stopped at Allsup's in Thackerville and wondered if they were out of the beef and beans version of Allsup's world famous burritos, my favorite. An employee told me they would receive them again by Friday. We will see. If not, I'll find out if there's another Allsup burrito shortage!

Doubtful, actually. Allsup's burrito supplier added burrito production to deal with the 2019 shortage. But maybe they should add another line.

Whataburger versus In-N-Out Burger: an upcoming road trip taste test!

And, on the way home, I plan to put the Whataburger/In-N-Out Burger debate to rest. For me anyway. I'm a true believer in Whataburger. I've never eaten an In-N-Out Burger, and the burger chain, which isn't in Oklahoma, has locations all along Interstate 35 here.

Can I be ecumenical and burger? We will see!

And now the news. Let's go. Oh, if you don't subscribe to the digital Oklahoman, please consider one of these offers.

Edmond Fine Arts Institute set to welcome space in art park after council finalizes plans

EDMOND – After going “off-road” for so long to show people where it will be, Shannon Price said she is ready to build a second home for the Edmond Institute of Fine Arts, which will be part of the art park under construction at the corner of Second Street and Coltrane Road.

“We’re bursting at the seams,” said Price, executive director of the institute, now located at 27 E Edwards St., just off Broadway Avenue in downtown. The institute plans to expand, not move.

The Edmond City Council approved the latest round of agreements with the French Family Charitable Foundation for the maintenance and operation of the art park.

Read all about it.

Building a new hotel and office space to bridge the gap between OKC's Innovation District and downtown

By Steve Lackmeyer of the Oklahoman.

Construction is expected to begin later this year on two projects that will bridge a decades-long gap between Oklahoma City's Innovation District and downtown.

The Innovation District, a relatively new benchmark for the clustering of hospitals, science labs, schools and biotechnology companies, has grown over the past half-century east of Interstate 235. Downtown development, meanwhile, continued eastward through previously blighted properties and the freeway easement west of I-235.

Read all about it.

Buyers want affordable housing downtown, but OKC prices continue to rise

Another story from Steve.

Housing prices in downtown Oklahoma City are skyrocketing to the point where they have more than doubled in the past decade.

The finding, part of a new report from real estate tracking site Property Shark, shows that Oklahoma City, Memphis and Atlanta were the only three of the 15 largest southern cities where downtown price growth outpaced citywide sales prices.

Read all about it.

Bricktown's oldest business set to leave former industrial district

One more from Steve.

The last original industrial mainstay and oldest continuing operation in Bricktown, Oklahoma City, Federal Corporation, is set to move to a new location just west of downtown.

Read all about it.

Affordable housing under $200,000 still exists: these markets have the most in the United States

From USA Today.

It can be difficult to find affordable housing. In the last decade alone, the number of homes to purchase for less than $200,000 has increased from half of all sales to 21% of all home sales, according to a recent Realtor.com report. At the same time, the national median home listing price has increased by almost 40% since 2019.

For about two-thirds of Americans who own a home, location is a major determinant of their home's value. Buying a new home on a budget may limit potential buyers to certain areas of the United States. The good news is that the inventory of smaller, more affordable homes has increased in share, Realtor.com found.

Read all about it.

Oklahoma wheat harvest sweeps the plains: How this important harvest is going so far

Farmland is income-producing property, therefore, it's a kind of commercial real estate, IMO. So this is it.

Rain and soggy fields caused some delays, but the combines and grain trucks continued to roll and Oklahoma's annual wheat harvest is already half complete, with the weather, as usual, making some farmers winners and others mere participants.

The Oklahoma Wheat Commission said the harvest was 55% complete to start the week.

(As of June 17, the project was almost complete.)

Read all about it.

Outdoor plots, buffer sites, wood remains and debris

Finally …

Here's all my work for The Oklahoman/Oklahoman.com in one place.

Thanks for reading! What's coming that I need to know? What did I miss? Email me at [email protected].

If someone forwarded you this newsletter, Real Estate with Richard Mize, you can sign up here to receive your own copy in your own inbox every Thursday. And click here to subscribe to The Oklahoman.

Richard Mize, senior economics editor, has covered housing, construction, commercial real estate and related topics for the newspaper and Oklahoman.com since 1999.9.

Hey Allsup's, watch your burritos!

Whataburger versus In-N-Out Burger: an upcoming road trip taste test!

Edmond Fine Arts Institute set to welcome space in art park after council finalizes plans

Building a new hotel and office space to bridge the gap between OKC's Innovation District and downtown

Buyers want affordable housing downtown, but OKC prices continue to rise

Bricktown's oldest business set to leave former industrial district

Affordable housing under $200,000 still exists: these markets have the most in the United States

Oklahoma wheat harvest sweeps the plains: How this important harvest is going so far

Outdoor plots, buffer sites, wood remains and debris

Finally …

Lina Portman

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