After several years without much movement, the RiverWest development in Sand Springs is moving forward.
Earlier this month, the Sand Springs City Council approved a conceptual site plan for the remainder of the RiverWest Development along the newly named Alexander Boulevard.
The plan includes five restaurant pads along the Sand Springs Expressway, with additional space for retail and restaurant pads along Main Street and Morrow Road. A new traffic light is set to be installed at the intersection of Wilson Avenue and Alexander Boulevard.
“This means we will be able to finish the infrastructure needs for the entire site, and very soon, bringing in other retail and restaurants much more quickly than before,” said Sand Springs City Manager Rocky Rogers.
A contract with Anish Hotels Group for a four-story hotel was also approved at that meeting.
“There are no details yet on the hotel,” Rogers said. “They are working with two national brands, and we hope to get that information soon.”
According to its website, Tulsa hotel properties Anish owns and operates include Aloft Hotel, near Hwy 169 and 71st Street, Fairfield Inns and Suites by Marriot, Hampton Inn and Suites and La Quinta Inn and Suites.
The RiverWest Development land was purchased in 2005 with Vision 2025 funding for $14.5 million. Currently sitting on the 30-acre property is an IHOP restaurant, O’Reilly’s Auto Parts and CVS Pharmacy.
Rogers said a restaurant is also in the works and expects to make an announcement in the coming months.
“It has been slow up to this point, but citizens will see businesses are going to be growing interest here,” Rogers said. “What was conceptual six or seven years is going to start taking shape.”
Neither the conceptual site plan nor the hotel contract will require any immediate budgetary impact on the city, but Rogers said he anticipates an impact on the city’s revenue very soon.
“Sales tax will be broadened; property tax will be broadened, which is only going to help in the future.”
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