Staff presented an update on single‑family residential development on Partner Tulsa‑owned lots, reporting 30 completed homes developed by 11 different builders and several projects nearing completion or in active construction.

Billy (staff presenter) walked trustees through a map showing concentrations of completed homes in and near downtown and north Tulsa. Highlights included a 14‑lot development known as the Latimer project (completed in phases, with units selling in the $219,000–$359,000 range depending on size and finish), and a mix of owner‑occupied and rental units built by local emerging developers. Several examples cited in the presentation were one‑ and two‑story homes, commonly 1,300–2,800 square feet with three to four bedrooms.

Billy said six Partner Tulsa lots remain available for single‑family disposition and noted interest from prospective purchasers on multiple parcels. Trustees discussed lot pricing and appraisal trends; staff said appraised lot values had increased materially over the prior three to four years (examples given ranged from low‑teens per lot to $20,000+ and tax‑sale lots recently appraised around $30,000). Trustees and staff also discussed potential strategies to encourage higher‑density infill options (duplexes or small multifamily) where zoning and policy permit.

Staff said several additional builds are in the pipeline, including lots under contract for construction on MLK and other corridors; authority staff will continue marketing remaining lots and working with emerging builders on process readiness.