Elk City Eyes 100 New Apartments at Granite Landing

News | November 10, 2026, 10:48 AM by Paragon Staff

Elk City, OK – Elk City officials are moving forward with plans that could bring approximately 100 additional apartment units to the Granite Landing complex east of Walmart, helping address a growing need for housing in the community.

The Elk City Commission recently considered a real estate development and incentive agreement involving the City of Elk City, Elk City Public Works Authority, Elk City Industrial and COPE Equities, LLC, for the proposed Granite Landing II development.

Mayor Micah Kilhoffer said the existing Granite Landing complex, built around the time Walmart opened, contains approximately 50 apartment units. The proposed expansion would add about 100 units immediately north or northwest of the current development.

Kilhoffer said the city is offering the developer incentives similar to those provided when the original complex was constructed. City officials located records of the earlier agreement and used those terms as a starting point for the new proposal.

The project could also benefit from Elk City's tax increment financing (TIF) district, which Kilhoffer said was recently activated by the development of the Valvoline oil change business.

Revenue generated within the district could help fund infrastructure improvements needed for the apartment expansion, including roads and utilities. The agreement would also involve a portion of city-owned property near the existing complex.

Kilhoffer said the timing is particularly favorable because Elk City continues to face a shortage of available housing, especially affordable rental properties.

"We do have a shortage of not only rental space, but affordable rental space, and I think that'll kind of help with that," Kilhoffer said.

The mayor added that he has been told there is currently a waiting list for apartments at Granite Landing.

Housing availability remains a frequent topic among city leaders as they look for ways to encourage population growth and economic development.

Kilhoffer said the city has offered similar incentives to residential homebuilders in hopes of encouraging new housing subdivisions, but attracting developers has been difficult.

"We've offered very similar incentives to builders, and we're just having a hard time kind of getting that process started," he said.

The mayor pointed to high construction costs and the financial risks associated with large residential developments as significant obstacles.

While Kilhoffer acknowledged that providing housing is not necessarily a municipality's responsibility, he said the city can play a role in reducing barriers that discourage private investment.

The proposed Granite Landing II project would represent a significant expansion of the existing apartment complex and could help provide additional housing options for current residents and people looking to relocate to Elk City.