Groundbreaking Held for Historical North Tulsa Housing Development

OGAN’S CIRCLE: Present at the groundbreaking for Ogan’s Circle are, from left, Esther Ogan’s, Ogans Circle namesake and community activist; David Charney, owner, Capital Homes; O.C. Walker, executive director, Tulsa Development Authority; Nick Doctor, chief of community development and policy, Office of the Mayor; and Roy Peters, chair of the board of directors, Tulsa Development Authority.

ROSSY GILLE for GTR Newspapers

Capital Homes hosted a groundbreaking ceremony March 9 for its newest development, Ogan’s Circle, a new neighborhood situated in the heart of north Tulsa. This quiet, self-contained cul-de-sac will contain 14 new homes and provide high-quality, affordable housing starting in the $140’s. A new construction neighborhood of this capacity hasn’t been completed in north Tulsa in several decades, making this an historic project.

During the ceremony, Tulsa community members, including Capital Homes owner David Charney and O.C. Walker from the Tulsa Development Authority spoke to the impact this neighborhood and additional homeownership will have on the area. The family namesake of the neighborhood, 81-year-old Esther Ogans, attended the ceremony.

The groundbreaking was both a formal announcement of the development, as well as the construction kickoff. All of the homes will be full brick with other features exceeding building standards, creating a desirable neighborhood near Booker T. Washington High School, Lacy Park and three miles from downtown Tulsa.

This special development is being offered in partnership with the Tulsa Development Authority. Up to $4,000 in closing cost assistance will be provided by Capital Homes, and $4,000 in downpayment assistance will be available from the as a no-interest loan, to incentivize homeowners to make their home in Ogan’s Circle.

The event was an opportunity to celebrate new development and give the community a first glance at the new neighborhood. Capital Homes expects to be a steadfast member of the North Tulsa community and looks at this event as the first step in promoting homeownership in an important and vibrant part of Tulsa that has been underserved for many years. Community meetings will also be held to educate the community regarding Ogan’s Circle, its unique financing opportunities and the benefits of homeownership. The dates of these community meetings will be released shortly.

Updated 04-05-2017

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