{"id":1004202617,"date":"2018-01-08T03:23:59","date_gmt":"2018-01-08T11:23:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004202617"},"modified":"2022-12-08T01:25:11","modified_gmt":"2022-12-08T09:25:11","slug":"jv-sells-oklahoma-retail-project-site","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jv-sells-oklahoma-retail-project-site\/","title":{"rendered":"JV Sells Oklahoma Retail Project Site"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004202621\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Downtown_Oklahoma_City_skyline_2.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004202621\" data-attachment-id=\"1004202621\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jv-sells-oklahoma-retail-project-site\/downtown_oklahoma_city_skyline_2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Downtown_Oklahoma_City_skyline_2.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;6.3&quot;,&quot;credit&quot;:&quot;JUSTIN MORRIS&quot;,&quot;camera&quot;:&quot;NIKON D300S&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1332460903&quot;,&quot;copyright&quot;:&quot;(c)2012&quot;,&quot;focal_length&quot;:&quot;32&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.003125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Oklahoma skyline\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Image by Greater Oklahoma City Chamber and Oklahoma City Convention and Visitors Bureau via Wikimedia Commons&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Downtown_Oklahoma_City_skyline_2.jpg?w=800\" class=\"wp-image-1004202621 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Downtown_Oklahoma_City_skyline_2.jpg\" alt=\"Oklahoma skyline\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Downtown_Oklahoma_City_skyline_2.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Downtown_Oklahoma_City_skyline_2.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Downtown_Oklahoma_City_skyline_2.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004202621\" class=\"wp-caption-text\">Oklahoma skyline<\/p><\/div>\n<p>The Broe Group and Sheffield Crossing, a managed affiliate of OmniTRAX Inc., disposed of an 18-acre lot\u00a0at its development site to the city of Sand Springs, Okla. Located near downtown, the site will be used for an upcoming retail project.\u00a0<\/p>\n<p>An OmniTRAX affiliate purchased the Sand Springs Railway Co. and the adjacent 146-acre former steel mill site in 2014. That property is being developed for industrial, rail and transportation\/logistics facilities. In January 2017, OmniTRAX transferred 10 acres of the site to the city for the construction of a public safety facility. Since the beginning of the project, the city and OmniTRAX have been in conversations with various companies to build a retail development along Highway 97.<\/p>\n<p><em>\u201cThe City of Sand Springs is pleased with the continuing partnership with OmniTRAX, and we look forward to working together to spur job growth and bring development at this large, centrally located property within our City. The ability of the City to control a portion of the property for retailers is important as it allows us to reach out to those specific retailers needed for our citizens,\u201d<\/em> said Sand Springs Mayor Mike Burdge, in a prepared statement.<\/p>\n<p>OmniTRAX will continue to redevelop the remaining 118 acres and expects to announce new projects in coming months. The company has also been busy developing the <a href=\"https:\/\/www.commercialsearch.com\/news\/omnitrax-partners-on-colossal-industrial-project-in-savannah\/\">Savannah, Ga. industrial market<\/a>, partnering with\u00a0Effingham County Industrial Development Authority\u00a0to develop the Savannah Gateway Industrial Hub.\u00a0<\/p>\n<p><em>Image courtesy of Wikimedia Commons\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Broe Group and Sheffield Crossing disposed of 18 acres to the city of Sand Springs, Okla. for a new retail development along Highway 97. <\/p>\n","protected":false},"author":746,"featured_media":1004202621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21782,13,21742,21749],"tags":[38761,38762],"class_list":["post-1004202617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-development","category-midwest","category-latest","category-retail","tag-omnitrax-inc","tag-the-broe-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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