New Reasor's, retail, part of $40 million mixed-use development in south Broken Arrow near Creek Turnpike
29 Mar 2021
BROKEN ARROW — Area grocery chain Reasor’s will build a 60,000-square-foot store that will anchor a $40 million mixed-used development planned on city-owned property.
Spearheading the project, to be located near 5601 S. Aspen (145th East Avenue) just north of the Creek Turnpike, is OakTrust Development, which also plans to build a 168-unit apartment complex and another 200,000 square feet of retail and commercial space over four years.
“We are going to set a design standard that will make this the crown jewel of south BA,” said Steve Easley of OakTrust.
Thursday, the Broken Arrow City Council and the Broken Arrow Economic Development Authority (BAEDA) approved a resolution that recommended the project’s approval. Acting as the BAEDA, the City Council signed a memo of understanding with OakTrust Development LLC to purchase about 40 acres of city-owned property as part of the agreement.