OU acquires Cross Village through partnership with Chickasaw

OU acquires Cross Village through partnership with Chickasaw Nation


A University of Oklahoma banner hangs on the Norman campus.
The University of Oklahoma is partnering with the Chickasaw Nation to fully acquire Cross Village, the embattled upperclassmen living facility that will now offer the university a fall housing solution.
The Chickasaw Nation’s Sovereign Properties Holdco, LLC will pick up the land lease for Cross and lease the complex to OU until the university “secures its own financing,” according to OU.
The acquisition of Cross feeds into OU’s larger plan for freshman housing, announced and approved at a Board of Regents meeting in March.
OU plans to replace Walker, Couch and Adams towers, decades-old freshman housing structures that have reportedly experienced significant mold problems in recent years. OU President Joe Harroz said at the March 5 regents meeting that he’s not yet sure what the replacement housing will look like, but that OU has contracted an architectural firm to guide the process.

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