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AT A GLANCE: Envision 240

Oklahoman Published: April 28, 2013
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The city, urban planners and commercial property owners are working on a project to improve the Interstate 240 area. These are the goals of the project. See more plans for the area on the next page.

RE-TENANT

“Re-tenant the area’s viable big- and mid-box stores. Large vacant spaces don’t leave a good impression on residents or potential new tenants. Plus, they aren’t generating income for the building owner to make improvements or repairs.”

REINVEST

“Reinvest in the area’s best retail centers and nodes. The currently good nodes are a worthy investment to attract shoppers and businesses. The depressed and less productive centers can be candidates for revitalization investment — but only if the surrounding areas keep up a good backdrop.”

REDEVELOP

“Redevelop outmoded retail for other uses, such as employment center civic and cultural amenities, residential and/or mixed-use centers. What goes on inside a building will change over time; what worked 10 years ago may not work today. Shopping mall conversions are taking place all over the country, generating new investment and creating new activity centers in what were once underutilized and blighted spaces.”