Oklahoma City Housing Authority Starts Creston Demolition

Construction firms should prepare for site development opportunities as the agency moves toward a multi-million dollar rebuild.

Updated on Oct. 27, 2026 in Construction

Oklahoma City Housing Authority Starts Creston Demolition

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Does prioritizing redevelopment of older neighborhoods effectively address the need for affordable housing in your area?

The Oklahoma City Housing Authority has commenced demolition at the Creston Park site, beginning a long-planned redevelopment of the neighborhood. This project aims to replace aging housing stock as the city faces a critical shortage of more than 47,000 affordable units.

Why it matters

The redevelopment marks a strategic effort to modernize the local housing supply after the agency struggled with expiring funding sources since the COVID-19 pandemic. For operators in local construction and development, the project creates a significant new pipeline opportunity as the agency seeks a master developer.

The agency has demolished at least 10 homes in the area, a start toward addressing the local shortfall of 47,000 affordable housing units. Phase one of the upcoming construction is projected to cost tens of millions of dollars.

The players

Oklahoma City Housing Authority

A local government agency responsible for managing and developing subsidized residential properties in the city.

The details

Crews are currently clearing debris from the two blocks situated between Northeast 28th and 29th Streets. The Housing Authority is actively searching for a master developer to manage the site, which will be redeveloped in phases to introduce updated housing options. This approach follows years of planning that were previously stalled by the loss of funding sources.

At least 10 homes were demolished the week of October 20, 2026.
Demolition is expected to continue through mid-November 2026.
The first phase of construction is expected to begin in 2027.

Market Landscape

The demolition project acts as a functional response to the 47,000-unit affordable housing gap previously identified in Oklahoma City. It follows a multi-year effort to stabilize funding for public housing projects, which had been significantly delayed by expired programs since the start of the pandemic.

Development and construction firms should prepare for significant contract opportunities as the agency moves toward a multi-million dollar construction phase in 2027. Operators should factor in the agency’s need for a master developer to lead the redevelopment of the Northeast 28th and 29th Street blocks.

The takeaway

The transition from demolition to new construction signals a shift toward active site development, providing a clear window for local partners to engage on project bids. Firms should track the agency’s procurement updates to align with the estimated 2027 start date for the first construction phase.

What happens next

Developers should monitor for the release of the Request for Proposals (RFP) for the master developer role as the agency prepares for the first phase of construction in 2027.