KGOU

Villa Teresa

Developer Marva Ellard on the campus of the former Villa Teresa School, 1216 Classen Dr. in Oklahoma City.
Emmy Verdin / Journal Record

The demand for owner-occupied residential housing in downtown Oklahoma City continues to grow, so developers are adding more housing to the area.

The Journal Record’s Molly Fleming told KGOU that those development include the Wheeler District south of the river, the former Villa Teresa school, 701 Hudson, The Bower and The Broadway Condominiums, among other projects.


The former campus of Villa Teresa School at 1216 Classen Dr. in Oklahoma City.
Brent Fuchs / Journal Record

An old Catholic school campus in downtown Oklahoma City has a new owner.

Marva Ellard and development partner Billy Woodring purchased the six-building Villa Teresa property this week for $5.5 million. They plan to redevelop it as a mixed-use property which could include a boutique hotel in the nuns’ convent and condominiums and townhouses on the rest of the area.

The oldest building on the Villa Teresa campus dates back to 1917, but it wasn’t until 1933 that the Carmelite Sisters opened the K-4 school. The school closed in 2012.