Rose Rock? They still haven't even started Boulevard Place and Alley's End.

Another pillar in the making for cementing OKC as a Legit tier 2 city! Love this!

Isn't this rumored to be a commuter rail stop?

Rose Rock? They still haven't even started Boulevard Place and Alley's End.

"Liked" if we had like buttons...lol

"Liked" if we had like buttons...lol

Yeah that one was reputation worthy for me lol. The equivalent of a like button I suppose hehe.

Rose Rock? They still haven't even started Boulevard Place and Alley's End.

I wonder if the partnership with Pivot will move this along, but Pivot still has the hotel on NE 23rd, Industry, 12th and Hudson and I'm sure a few others I am missing.

Pete did mention these are not likely to begin for a while. So I wouldn't worry too much that Rose Rock is attached. And Pivot does good work, so they will help the project have some credibility.

Isn't this rumored to be a commuter rail stop?

Yes as well as Santa Fe Station.

While the commuter line has still a long, long way to go it would suck to see any development here not seriously consider the potential for that line to happen.

If this proceeds, talk about a transformation of this area. 2 huge projects side by side
18576

I'm sure everything is completely conceptual at this time.

Don't believe they have their financing yet.

$100 dollars they come with their hand out to OCURA or city council for TIF money.

$100 dollars they come with their hand out to OCURA or city council for TIF money.

It would be fiscally irresponsible not to.

Is this area even in a TIF district? Seems awfully far from downtown for that.

If this proceeds, talk about a transformation of this area. 2 huge projects side by side
18576

Thanks for this! This is much needed north of Downtown.

Is this area even in a TIF district? Seems awfully far from downtown for that.

Replying to myself, based on Pete's map in the TIF Districts (https://www.okctalk.com/showthread.php?t=39599) thread it looks like this site is too far north to be in TIF district #2, and I can't imagine there's one setup for the mostly residential area of midtown north of 13th.

Replying to myself, based on Pete's map in the TIF Districts (https://www.okctalk.com/showthread.php?t=39599) thread it looks like this site is too far north to be in TIF district #2, and I can't imagine there's one setup for the mostly residential area of midtown north of 13th.

Don't worry, they'll just amend an existing one or add a new one.

They do it all the time and the two developers involved have been involved in scores of projects with public incentives.

Don't worry, they'll just amend an existing one or add a new one.

They do it all the time and the two developers involved have been involved in scores of projects with public incentives.

Oh, duh, what was I thinking.

Yes as well as Santa Fe Station.

While the commuter line has still a long, long way to go it would suck to see any development here not seriously consider the potential for that line to happen.

What are the rumored stops between Edmond and Norman?

Back in the 1990s, Tony Basolo was a friend and mentor to me, as he was to many people. He was “Assistant to the President” at Dolese then. I think he succeeded Roger Dolese as President following Mr. Dolese’s death in the early 2000s.

I remember him telling me a few times how Dolese had acquired and banked this land for the purpose of providing the base of a substantial project for OKC in the 21st century.

I think this fits their vision.

Back in the 1990s, Tony Basolo was a friend and mentor to me, as he was to many people. He was “Assistant to the President” at Dolese then. I think he succeeded Roger Dolese as President following Mr. Dolese’s death in the early 2000s.

I remember him telling me a few times how Dolese had acquired and banked this land for the purpose of providing the base of a substantial project for OKC in the 21st century.

I think this fits their vision.

How cool! People with this sort of foresight blow my mind.

There is above ground utility lines that run directly through this property. This project looks very nice. Adding a dense pocket of residential here would help justify expanding the streetcar N on Broadway to 23rd.

It would be fiscally irresponsible not to.

And it would be fiscally irresponsible for the city to give it. Somehow the grandest and nicest mixed use project in the states history (OAK) is currently getting built yet is doing it without TIF money. That tells me its unnecessary here as well. Theres not even some old building theyre retrofitting nor any environmental issues that usually gets developers TIF money, its just retail and apartments, stuff that happens all over the OKC without any help.

And it would be fiscally irresponsible for the city to give it. Somehow the grandest and nicest mixed use project in the states history (OAK) is currently getting built yet is doing it without TIF money. That tells me its unnecessary here as well. Theres not even some old building theyre retrofitting nor any environmental issues that usually gets developers TIF money, its just retail and apartments, stuff that happens all over the OKC without any help.

I don't disagree with you. Just saying they will likely ask, and there is nothing wrong with asking.

And it would be fiscally irresponsible for the city to give it. Somehow the grandest and nicest mixed use project in the states history (OAK) is currently getting built yet is doing it without TIF money. That tells me its unnecessary here as well. Theres not even some old building theyre retrofitting nor any environmental issues that usually gets developers TIF money, its just retail and apartments, stuff that happens all over the OKC without any help.

Maybe if you could move Nichols Hills, Glenbrook, et al near to 13th and Broadway they wouldn’t need to ask for TIF either. Or, if you had the traffic count of NW Expressway. The two sites are very, very different in their current economic demographics.

Maybe if you could move Nichols Hills, Glenbrook, et al near to 13th and Broadway they wouldn’t need to ask for TIF either. Or, if you had the traffic count of NW Expressway. The two sites are very, very different in their current economic demographics.

Then maybe the market should speak for itself and this doesnt happen here instead of TIF money skewing the market.

And they are different in other ways. Assembling multiple parcels from different owners is a time consuming and expensive process, yet OAK still managed it with no TIF. Alley North is one property from one seller, pretty straight forward. If the purchase price is too high at Alley North to make it work, then let it sit for either the next buyer to make it work or the seller adjusts its price. Instead too often its "hey OCURA, this wont pencil so give us money to make it happen."

Then maybe the market should speak for itself and this doesnt happen here instead of TIF money skewing the market.

And they are different in other ways. Assembling multiple parcels from different owners is a time consuming and expensive process, yet OAK still managed it with no TIF. Alley North is one property from one seller, pretty straight forward. If the purchase price is too high at Alley North to make it work, then let it sit for either the next buyer to make it work or the seller adjusts its price. Instead too often its "hey OCURA, this wont pencil so give us money to make it happen."

Well, that is one way. If that were the way downtown went then it would be a sad place with no MAPS and no TIF. OKC would be wildly different, and not in a good way.

Back in the 1990s, Tony Basolo was a friend and mentor to me, as he was to many people. He was “Assistant to the President” at Dolese then. I think he succeeded Roger Dolese as President following Mr. Dolese’s death in the early 2000s.

I remember him telling me a few times how Dolese had acquired and banked this land for the purpose of providing the base of a substantial project for OKC in the 21st century.

I think this fits their vision.

Yes, he succeeded Roger Dolese as President. I knew him and his wife Judy. Such gracious people.

Just saw this project is in line to receive $4.5 million in funding assistance from the City.

Looks like there is forward movement.

Just saw this project is in line to receive $4.5 million in funding assistance from the City.

Looks like there is forward movement.

Funding assistance? Does that mean TIF or something else?

Funding assistance? Does that mean TIF or something else?

Not TIF; I believe it will be a low-interest loan.

Not TIF; I believe it will be a low-interest loan.

TIF it is according to this mornings paper. 4.5 million for phase one. And then the developers say a TIF for phase two. First phase is an office building, apparently pre-leased, a parking garage and a 120 room boutique hotel, as well as some retail. Phase two will be apartments and more.

Lackmeyer story from this morning: https://www.oklahoman.com/story/news/2024/03/21/automobile-alley-oklahoma-city-real-estate-corporate-hq-hotel-retail/73039462007/

At least she was honest in saying that more requests for help will be likely.

TIF it is according to this mornings paper. 4.5 million for phase one. And then the developers say a TIF for phase two. First phase is an office building, apparently pre-leased, a parking garage and a 120 room boutique hotel, as well as some retail. Phase two will be apartments and more.

I should have known when the documents say "$4.5 million in funding assistance", in OKC that means "we are just giving them the money".

100 year old company HQ .... that should be very nice .. this project will be amazing for the north end of auto ally

That 100 year old company line caught my eye as well, I am really curious who it might be.

That 100 year old company line caught my eye as well, I am really curious who it might be.

I wish it were a relocation from out of state. But probably not. But more downtown employees, the better!

The rendering looked nice. Would be better if they included the apartments in the initial phase.

That 100 year old company line caught my eye as well, I am really curious who it might be.

Maybe Hertz? They are selling their building on NW expressway. Fits the size

We won't be able to take this development seriously until they apply for their FAA clearance.

We now know this is a very critical step.

We won't be able to take this development seriously until they apply for their FAA clearance.

We now know this is a very critical step.

:congrats:

We won't be able to take this development seriously until they apply for their FAA clearance.

We now know this is a very critical step.

well played ..

We won't be able to take this development seriously until they apply for their FAA clearance.

We now know this is a very critical step.

Hahahaha. Amazing.

Or when they release updated renderings next week with a spire on top of the office building

I would also say OG&E, but they are already downtown. But Hertz makes more sense. But not sure how may people can fit in a 60,000sqft office building? 300-400?

We won't be able to take this development seriously until they apply for their FAA clearance.

We now know this is a very critical step.

As long as these developers have also built a 1,100 ft tall building in Miami and tell the press repeatedly that they've raised 100% of their arbitrary total project cost, I think we're in good shape.

Hertz is not headquartered in Oklahoma City.

What about Macklanburg-Duncan?

Any chance Kimray might shift some of their administrative employees to downtown?? Admittedly I know very little about them, but it seems like they have a lot of people in several buildings.

I would also say OG&E, but they are already downtown. But Hertz makes more sense. But not sure how may people can fit in a 60,000sqft office building? 300-400?

Hertz HQ is in Estero Fl. Hertz is slowly moving to Florida.

Their Rent a Car HQ was in OKC for many years.

Any chance Kimray might shift some of their administrative employees to downtown?? Admittedly I know very little about them, but it seems like they have a lot of people in several buildings.

Kimray owns a large parcel at Eastern & Britton. I know at one point they were going to build a new HQ and manufacturing facility there. That was several years ago though, so not sure if that is still in the works or not.

Despite the HQ no longer being here, doesn't Hertz still maintain corporate and administrative office/backoffice(s) in Oklahoma City?

I would think all of htat would be larger than just 60,000 square feet though, so I don't think it's them (and Hertz hasn't been a business for 100 years).

Despite the HQ no longer being here, doesn't Hertz still maintain corporate and administrative office/backoffice(s) in Oklahoma City?

I would think all of htat would be larger than just 60,000 square feet though, so I don't think it's them (and Hertz hasn't been a business for 100 years).

i don't think it is Hertz ... but they have been in business 100 years .... it was founded in 1918 ..

Thanks for that correction; I didn't even realize cars have been around that long. :)

Thanks for that correction; I didn't even realize cars have been around that long. :)

They started out as a horse and buggy operation in Chicago.

Totally beside the point of this thread, but if anyone is curious... https://www.hertz.com/us/en/blog/automotive/100-years-of-hertz-history

Are these the same people behind Boulevard Place and Alley's End?

The company HQ evidently will be Guernsey.

Update from The Oklahoman:

https://www.oklahoman.com/story/news/2024/03/28/guernsey-okc-moving-headquarters-downtown-alley-north/73123658007/

Totally unexpected...

Guernsey is the office tenant moving into this development.

Press release:

**********

GUERNSEY MOVES TO THE OKC URBAN CORE
Company will move to the historic Dolese Bros. Co. property in downtown OKC in 2025

OKLAHOMA CITY, OK (March 28, 2024) – Guernsey, one of Oklahoma City’s largest and oldest full-service design and consulting firms, announces the re-centering of its corporate headquarters closer to the Oklahoma City metro’s urban core. Coming in 2025, Guernsey will migrate its Oklahoma City-based staff to the just-announced redevelopment of the historic Dolese Bros. Co. property located along North Broadway Avenue between NW 13th and NW 16th Streets at the northern end of Oklahoma City’s Automobile Alley.

“At the highest level, this move is an emphatic commitment to our people and to the greater Oklahoma City metro,” said Guernsey CEO Jared Stigge, JD. “Our present and future staff deserve an engaging professional experience, one that is equally as rewarding within our walls as it is when they step outside. We also believe in the direction and momentum of our city, and this step tangibly reinforces our commitment to the collection of communities our Oklahoma City staff call home.”

All of Guernsey’s Oklahoma-based team will work from the new development; Guernsey’s staff in Washington, D.C., Alaska, Honolulu and San Antonio will continue to work from their existing locations.

Guernsey is a different kind of company: it is entirely owned by all its full-time staff, one of only approximately 2,000 such firms in the entire United States with this ownership structure. Headquartered in Oklahoma City but with project work spanning six continents, Guernsey’s mission is to improve lives by fostering trusted, enduring experiences with clients, the community and its team of employee-owners.

For more information about Guernsey and its services, please visit www.guernsey.us.

###

About Guernsey
Guernsey is 100% employee-owned and a leading provider of design and consulting services. Founded in 1928, Guernsey has developed an impressive base of clients worldwide, including federal, state and local government; military; utilities; tribal; higher education; Fortune 500 companies; and the oil and gas industry sectors. Guernsey is an employee-owned, multi-discipline firm providing innovative answers for complex projects with engineers, architects, planners, consultants, environmental scientists, designers, analysts, accountants and project managers. Realize the Guernsey difference at https://www.guernsey.us/.

Guernsey will be a good addition to the urban core. Their current office is in a total no-man's land. That said I'd rather see them closer to downtown proper in some of the abundant office space down there.

Dolese moves out, Guernsey moves in.

Dolese move out of the core for burbs, Guernsey move out of the burbs for core.

Guess this is just a wash...