View Full Version : 400 N. Walnut



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Pete
07-29-2014, 09:44 AM
This building is under contract to a group of local investors and set to close 8/15/14. It was sold just last year to an LLC that tracks back to Don Karchmer. We know the name of the primary investor but will withhold until closing; it is yet another local businessman (with partners) entering urban development.

Preliminary plans are to renovate the structure to office and housing

This was originally built for the OKC Board of Education in 1919 and was then home to the Toll / Turnpike authority starting in the late 50's. More recently, it's been a variety of other uses and is currently vacant. 17,632 total square feet, sits on just under .7 acres.


Update: Sale was closed on 8/11/14 for $1.6 million.

12/10/14: Plans revealed



http://www.okctalk.com/images/pete/400nwalnut1.jpg


http://www.okctalk.com/attachments/development-buildings/10348d1426185527-400-n-walnut-400nwalnut031215a.jpg


http://www.okctalk.com/images/pete/400nwalnutbirdseye1.jpg


http://www.okctalk.com/images/pete/ddsum400.jpg
Aloft Hotel * Block 42 * Calvary Baptist Church * Central Avenue Villas * Clark Building * Deep Deuce Apartments * Deep Deuce Grill * Embassy Suites * Flatiron Building * Hill, The * Level * Level East * Lofts at Maywood Park * Maywood Apartments * Maywood Apartments Phase II * Maywood Flatiron * Meinders Project * Metropolitan * Mosaic * Native Roots * OIPA Headquarters * OKC Geological Society * OKSEA * Rand Elliott Flatiron * Red Prime * Slaughter's Hall * The Wedge * Urban Johnnie * Urban Roots * WSKY Lounge (http://www.okctalk.com/showwiki.php?title=WSKY+Lounge)

Pete
08-01-2014, 01:33 PM
Yet another great renovation project and another local businessman joining the development fray.

betts
08-01-2014, 02:23 PM
I hope its a bar selling food or smoke free. Otherwise it will have to be appreciated by my neighbors.

warreng88
08-01-2014, 02:32 PM
Pete, any way to tell what the size of the area where the restaurant will be versus the housing component? County assessor is showing it is 10,416, but I assume that is not counting the basement.

catch22
08-01-2014, 03:02 PM
Would be awesome to use the basement as a bar and lounge.

I went to a place in California called the Victorian. An old victorian mansion. The ground floor was a general reception/party area and kitchen. The upstairs was also a reservable party area, where the old shower was converted into a bar well. And the huge basement was a packed bar with a live band. Had to be the loudest experience of my life, since the band was playing classic rock and some alternative blues in such a relatively small space, acoustically speaking. Had a huge bar. Would be awesome to have an underground music lounge/bar.

https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-xpa1/v/t1.0-9/p480x480/10403205_804595339559044_3477651677089933881_n.jpg ?oh=ff1e66ada243ed53378c5029ad6a5327&oe=5443F9E5&__gda__=1415020035_3daa218a4e9c38d57163b5d638024b7 1

https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-xpf1/t1.0-9/10463001_800925106592734_4263345372002291482_n.jpg


https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-frc3/t1/p403x403/1660365_737677102917535_915698960_n.jpg

DoctorTaco
08-01-2014, 03:16 PM
This is my dream development for this property:

Kennedy School - Combined boutique hotel, basement bar, live music venue, movie theater and restaurant in Portland, OR
McMenamins - Kennedy School Theater (http://www.mcmenamins.com/1300-kennedy-school-theater)

CCOKC
08-02-2014, 09:14 AM
That is so strange. I had never heard of this property until I was in Portland last week. It is a few blocks from my step brother's house. Unfortunately, we did not have time to see it in person but it sounds so cool. What a fantastic reuse of the building. I love how the history of the building was preserved.

lasomeday
08-02-2014, 10:56 AM
We tried to stay there a few years ago. It was booked for weeks out.

Fantastic
08-02-2014, 02:35 PM
This is my dream development for this property:

Kennedy School - Combined boutique hotel, basement bar, live music venue, movie theater and restaurant in Portland, OR
McMenamins - Kennedy School Theater (http://www.mcmenamins.com/1300-kennedy-school-theater)

Went there with a co-worker while in Portland... it's pretty amazing and a unique redevelopment. Truly wish we had something like it here

Pete
08-25-2014, 10:12 AM
This building closed on 8/11/14 for $1.62 million.

Don Karchmer bought it for $1.05 million on 8/6/13, so nice 60% return for a one-year hold.


Should see plans to redevelop soon.

DoctorTaco
08-25-2014, 10:17 AM
You promised to tell us the developer after it closed!

betts
10-09-2014, 10:40 PM
They've started cleaning out the interior of this building. There's been a lot of debris behind it the last few days.

Pete
11-14-2014, 10:13 AM
Here are some photos from catch22; you can see they've been clearing out the interior.

Should be hearing more about their plans soon.



http://www.okctalk.com/images/pete/400nwalnut111314d.jpg


http://www.okctalk.com/images/pete/400nwalnut111314a.jpg


http://www.okctalk.com/images/pete/400nwalnut111314c.jpg

AP
11-14-2014, 10:19 AM
I really hope they change the entrance to the building. the whole thing looks walled off and uninviting.

sooner88
11-14-2014, 10:23 AM
Looks like the entity that purchased this property was registered by Babette Patton. Is this the developer or just the lawyer who filed for registration?

Chadanth
11-14-2014, 10:25 AM
I see people over there working all the time, seems like whoever is in charge is keeping a tight schedule.

Pete
11-14-2014, 10:29 AM
I really hope they change the entrance to the building. the whole thing looks walled off and uninviting.

There is some sort of weird structure at the top of those stairs, but if that could be converted to a patio with tables and umbrellas and make a huge difference:

http://www.okctalk.com/images/pete/400nwalnut111314e.jpg

AP
11-14-2014, 10:35 AM
I wonder what that is.

turnpup
11-14-2014, 10:38 AM
Could it have been a water fountain?

Urbanized
11-14-2014, 10:51 AM
Sacrificial altar?

Pete
12-10-2014, 10:43 AM
OKCTalk - Historic Deep Deuce building to see major redevelopment (http://www.okctalk.com/content/82-historic-deep-deuce-building-see-major-redevelopment.html)

Anonymous.
12-10-2014, 10:53 AM
Wow. That is unrecognizable. Please tell me this is for sale units.

tpg4635
12-10-2014, 11:03 AM
Being as its not the most historically significant structure in terms of design, I don't mind the change. Will be a great addition to this area!

Pete
12-10-2014, 11:04 AM
This will be very striking and represent a big investment.

I believe they had to add the new stairwells and elevators and that's why the front had to change so radically.

Pete
12-10-2014, 11:04 AM
Wow. That is unrecognizable. Please tell me this is for sale units.

I believe they will be condos rather than apartments.

tpg4635
12-10-2014, 11:06 AM
Someone remind me, what is the building just to the north of this site?

Pete
12-10-2014, 11:07 AM
This is the building directly north:

http://www.oklahomacounty.org/assessor/Searches/sketches/picfile/2735/R020021000001rA.jpg

PhiAlpha
12-10-2014, 12:36 PM
Are they still considering a restaurant as part of this project?

Pete
12-10-2014, 12:37 PM
I think the bar/restaurant idea is dead.

Chadanth
12-10-2014, 02:27 PM
I think with the restaurants going in at Maywood II, the possibility of development along Oklahoma, OKSEA, and the eventual Aloft restaurant, there's enough options. I like this plan.

jccouger
12-10-2014, 02:41 PM
This seems like it sucks.

Getting rid of west facing columns for a pretty basic facade. I guess it fits in better with this districts architecture, but I'm really disappointed in this.

harp23
12-10-2014, 02:52 PM
Someone remind me, what is the building just to the north of this site?

I believe in recent years it housed an insurance company and a few state agencies on the south side of the building.

betts
12-10-2014, 04:43 PM
I closed on my townhouse in that building. Can't believe its almost been 6 years.

CuatrodeMayo
12-10-2014, 05:13 PM
Not a fan. This is a missed opportunity to do something really special. While this building isn't historically or architecturally significant, It does have value as part of the neighborhood. These types of structures are important to cities by providing texture and interest in otherwise homogeneous neighborhoods. With the proliferation of developer architecture in Deep Deuce, this building provides a much-needed sense of place and history. I have no doubt this project can be accomplished without disfiguring this building beyond recognition. I hope the review process demands better.

Also, the parking lot is not being redeveloped either...

Spartan
12-10-2014, 05:35 PM
This development is very anti-Deep Deuce.

LEVEL and Mosaic and all the others were developed on greenfield, making modern design an appropriate contrast to the historic. Deep Deuce actually has a great precedent set currently for preserving all of the historic buildings still extant.

I think that this is more trial balloon than serious proposal.

shawnw
12-10-2014, 05:37 PM
I hope they fix the sidewalks on that side of third, they are atrocious where they even exist.

Spartan
12-10-2014, 05:44 PM
They need to fix their proposal, first.

OKCisOK4me
12-10-2014, 10:43 PM
The new over the old kinda reminds me of Central Avenue Villas. Will be interesting to see how it plays out (considering A LOT of posters would like to see Carpenter Square be the base of a skyscraper).

Pete
02-03-2015, 02:35 PM
Anybody notice if they are still cleaning out the interior?

Since submitting the building permit application, they have yet to file their design application (which has to be approved first but typically takes less time than a BP).

betts
02-03-2015, 03:33 PM
I haven't seen any activity there in quite awhile.

betts
02-09-2015, 08:05 AM
Today they are in the basement with Bobcats. I didn't stay long but I assume they're cleaning it out.

AP
03-09-2015, 10:48 AM
Drove by yesterday and they were tearing out the front steps.

Pete
03-09-2015, 10:50 AM
Drove by yesterday and they were tearing out the front steps.

Wow, they have not received design approval yet.

Spartan
03-09-2015, 05:14 PM
Bah!! Design review approval? No need for design approval when you've got a dump truck and a wreckin ball!


And just like that, more demo.....turn that historic Georgian building into bland new crap!

UnFrSaKn
03-09-2015, 06:14 PM
^^^

Pete
03-10-2015, 12:48 PM
From today:

http://www.okctalk.com/images/pete/400nwalnut031015.jpg

betts
03-11-2015, 07:57 AM
Those steps were awkward and made the front look uninviting, but I don't think they should be allowed to remove the facade. Isn't there some sort of "cease and desist" order that could be given until they receive design approval? No neighbors have been given a chance to speak regarding this.

Urbanized
03-11-2015, 08:01 AM
I'd bet my paycheck that the steps were not original to that structure.

jccouger
03-11-2015, 08:07 AM
please please please please don't touch those columns.

I agree those steps sucked, did they have a ramp up them for people with disabilities?

Pete
03-11-2015, 08:10 AM
Yes, steps were not original but you aren't even supposed to paint a building within the DDRC boundaries without prior approval.

And unless plans change, those columns are most definitely going away:

http://www.okctalk.com/attachments/development-buildings/9707d1418230489-400-n-walnut-400nwalnutnewa.jpg

Urbanized
03-11-2015, 08:11 AM
I think that's what the situation was. There are better, less-disruptive ways to good ADA compliance.

Pete
03-11-2015, 10:05 AM
Another photo:

http://www.okctalk.com/images/pete/400nwalnut031115.jpg

DoctorTaco
03-11-2015, 01:08 PM
Another photo:

http://www.okctalk.com/images/pete/400nwalnut031115.jpg

As a recovering soil scientist I love that cross-section view! Nice organic horizon developed there.

Spartan
03-11-2015, 01:21 PM
Yes, steps were not original but you aren't even supposed to paint a building within the DDRC boundaries without prior approval.

And unless plans change, those columns are most definitely going away:

http://www.okctalk.com/attachments/development-buildings/9707d1418230489-400-n-walnut-400nwalnutnewa.jpg

You mean if plans don't change and if DDRC approves it...granted they have recently gotten rid of regulatory HP.

Pete
03-12-2015, 01:50 PM
Here are a bunch of new renderings in advance of this project's date with the DDRC next week.

You can see they plan to use some pretty funky materials. The City staff have pointed out there are several elements that are not in compliance with established standards and I'm sure there will be lots of discussion about various aspects by the committee.



http://www.okctalk.com/attachments/development-buildings/10348d1426185527-400-n-walnut-400nwalnut031215a.jpg

http://www.okctalk.com/attachments/development-buildings/10347d1426185527-400-n-walnut-400nwalnut031215b.jpg

http://www.okctalk.com/attachments/development-buildings/10346d1426185526-400-n-walnut-400nwalnut031215c.jpg

http://www.okctalk.com/attachments/development-buildings/10345d1426185525-400-n-walnut-400nwalnut031215d.jpg

AP
03-12-2015, 02:06 PM
That's way different than what I was thinking it would be.

Pete
03-12-2015, 02:09 PM
It's certainly different and represents a pretty big investment.

At least they aren't trying to cheap-out.

betts
03-12-2015, 02:35 PM
It doesn't even look like the same building. I like the fact that it comes out to the street, and really, considering the apartment complexes nearby, it's not going to take a whole lot to be in compliance with the architecture of the area. Cheap and boring is the watchword for them (apologies to those who like LEVEL and Mosaic. I think they're pretty vanilla, and Maywood Apartments are just sad).

Anonymous.
03-12-2015, 02:47 PM
I still think it is going to be great. I notice there is only 9 planned residences here. And 9 single car garages.

I would like the rear of the garages to line the sidewalk and have some type of decoration/nice finish facing outward - thus leaving the parking lot hidden from the street. I would much rather walk along an interesting wall than a parking lot.

Pete
03-12-2015, 02:49 PM
I was told they may add another building to the east end of the property at a later date.