diff --git a/.changeset/old-countries-lie.md b/.changeset/old-countries-lie.md
new file mode 100644
index 0000000000000..0713178a47991
--- /dev/null
+++ b/.changeset/old-countries-lie.md
@@ -0,0 +1,5 @@
+---
+'@eth-optimism/contracts-periphery': patch
+---
+
+Remove ownable upgradable from erc721 factory
diff --git a/packages/contracts-periphery/contracts/universal/op-erc721/OptimismMintableERC721Factory.sol b/packages/contracts-periphery/contracts/universal/op-erc721/OptimismMintableERC721Factory.sol
index 116e8a0d21649..914668ffd43eb 100644
--- a/packages/contracts-periphery/contracts/universal/op-erc721/OptimismMintableERC721Factory.sol
+++ b/packages/contracts-periphery/contracts/universal/op-erc721/OptimismMintableERC721Factory.sol
@@ -1,9 +1,6 @@
 // SPDX-License-Identifier: MIT
 pragma solidity 0.8.15;
 
-import {
-    OwnableUpgradeable
-} from "@openzeppelin/contracts-upgradeable/access/OwnableUpgradeable.sol";
 import { OptimismMintableERC721 } from "./OptimismMintableERC721.sol";
 import { Semver } from "@eth-optimism/contracts-bedrock/contracts/universal/Semver.sol";
 
@@ -11,7 +8,7 @@ import { Semver } from "@eth-optimism/contracts-bedrock/contracts/universal/Semv
  * @title OptimismMintableERC721Factory
  * @notice Factory contract for creating OptimismMintableERC721 contracts.
  */
-contract OptimismMintableERC721Factory is Semver, OwnableUpgradeable {
+contract OptimismMintableERC721Factory is Semver {
     /**
      * @notice Emitted whenever a new OptimismMintableERC721 contract is created.
      *
@@ -23,12 +20,12 @@ contract OptimismMintableERC721Factory is Semver, OwnableUpgradeable {
     /**
      * @notice Address of the ERC721 bridge on this network.
      */
-    address public bridge;
+    address public immutable bridge;
 
     /**
      * @notice Chain ID for the remote network.
      */
-    uint256 public remoteChainId;
+    uint256 public immutable remoteChainId;
 
     /**
      * @notice Tracks addresses created by this factory.
@@ -41,15 +38,6 @@ contract OptimismMintableERC721Factory is Semver, OwnableUpgradeable {
      * @param _bridge Address of the ERC721 bridge on this network.
      */
     constructor(address _bridge, uint256 _remoteChainId) Semver(1, 0, 0) {
-        initialize(_bridge, _remoteChainId);
-    }
-
-    /**
-     * @notice Initializes the factory.
-     *
-     * @param _bridge Address of the ERC721 bridge on this network.
-     */
-    function initialize(address _bridge, uint256 _remoteChainId) public initializer {
         require(
             _bridge != address(0),
             "OptimismMintableERC721Factory: bridge cannot be address(0)"
@@ -61,9 +49,6 @@ contract OptimismMintableERC721Factory is Semver, OwnableUpgradeable {
 
         bridge = _bridge;
         remoteChainId = _remoteChainId;
-
-        // Initialize upgradable OZ contracts
-        __Ownable_init();
     }
 
     /**