Weighing the good of a 900 unit double tower apartment complex in one hand and the 37% public fund in the other. Hard not to be more excited about the former.

From my experience, developers don't go for the ask until they feel they have the support they need from the City.

I bet we see detailed renderings within the next 2-3 weeks.

Looking back at the articles and all the information I could find on this development I keep seeing the 150 units number for residential. The 900 units would be 6x what they originally stated for the 1 tower. If 900 is indeed the number that would be much larger (wider/taller) and at least 2 towers?

The latest plan called for 4 towers, with 3 of them residential built in phases. So 900 across 3 towers is not a shock.

The latest plan called for 4 towers, with 3 of them residential built in phases. So 900 across 3 towers is not a shock.

Yeah, I'm thinking it is without the hotel, but thr 3 towers stays the same.

Sorry, I missed the latest plans when looking back through the thread. So with it being 900 units we are looking at 3 towers, like the most recent plans showed, with at least 20 stories each. Would be cool to see them have different heights to really diversify the the skyline and overall look of the development. Maybe a 25, 20 and 15 stories.

Saw on an agenda today there will soon be a first vote to give this project $200MM in TIF and another $5.5MM in captured sales tax.

The total capital investment would be $550MM, meaning public incentives would be paying for 37% of this project.

This does not include the Dream Hotel, as the Omni has a covenant that restricts TIF use for hotels within this area.


Doesn't say anything about height but does mention a 900-unit residential complex (should be two towers), a public parking structure, and 59,000 SF of retail/entertainment space.


I sure plans will be following soon.

so including the hotel this should be a 700-800 mil project ??

so including the hotel this should be a 700-800 mil project ??

Yes, I would think so.

so including the hotel this should be a 700-800 mil project ??

That would be insane for OKC>

Even if they built half of what is currently planned, that would be a win.

900 unites between 2 towers should be taller than 25 or 26 stories per tower. Right?

900 unites between 2 towers should be taller than 25 or 26 stories per tower. Right?
I was thinking at least one tower has to be north of 30 stories right?

That would be incredible. If Cube3 is the architect for the entire development, some of their other highrise residential projects include:

https://www.cube3.com/portfolio_page/second_peabody/
Tower 1 will boast 32 stories and Tower 2, 36 stories, and the hotel tower will stand 18 stories tall.

https://www.cube3.com/portfolio_page/hancock-st/
15-story, 204-unit residential tower

https://www.cube3.com/portfolio_page/11-andrews/
499-feet to the mechanical screen, and yield an estimated 732,000 square feet of space including 425 residential units

https://www.cube3.com/portfolio_page/aer-in-the-district/
32-stories with the design likeness of The Element and SkyPoint Downtown peaking at 346 feet with 334-units

https://www.cube3.com/portfolio_page/river-lofts-on-fifth/
30 -story building with 354 units

https://www.cube3.com/portfolio_page/1836-biscayne/
40-story tower will stand at 418-feet and include 364 residential units

These are in Miami and Nashville, so I'm sure they are offering larger units for those markets but anything close to 300 units is near or above 30 stories.

For reference, this is a proposed project in downtown Denver that is 611 apartment units with 96 hotel rooms:
https://milehighcre.com/wp-content/uploads/2023/05/Screenshot-2023-05-01-at-11.46.32-AM.png

For reference, this is a proposed project in downtown Denver that is 611 apartment units with 96 hotel rooms:
https://milehighcre.com/wp-content/uploads/2023/05/Screenshot-2023-05-01-at-11.46.32-AM.png

Which makes me think this is 4 towers (3 residential and 1 hotel (hopefully still Dream)). If so, that would insane from Bricktown, and would hopefully lead to more retail down that area, aside from this project's almost 60k sq feet of retail.

https://www.oklahoman.com/story/news/2023/07/05/bricktown-real-estate-towers-development-200-million-tax-financing/70385118007/

According to the article, will be 28 story twin towers to start. Also states presentation will be given Thursday for TIF District Review Committee. So I would suspect we should see new visuals then.

SPECIAL MEETING - Downtown/MAPS Tax Increment District Review Committee
Date: 07/06/2023 10:00 AM
Location:
420 W Main Basement Large Conference Room
420 W Main St.
Oklahoma City, Oklahoma 73102

From the Oklahoman:
Matteson’s development experience dates back 40 years with projects including The Residences at Little Nell and other residential projects in Aspen, Colorado, the Icon Hotel in Houston, the Saphire Tower developments in San Diego and Miami, and a 5,000-acre master plan in Tuscany, Italy, that included a hotel, villas, a winery and culinary school.


A final contract would then need to be submitted again to the Economic Development Trust and city council. Matteson hopes to start construction this winter should the agreement be approved

Eager to see Pete's OKCTalk reporting on this subject, until then I will reserve further comments! But it sounds promising!

To put that 900 number into perspective, that would be like combining, LIFT, Steeylard and The Edge.

Would be by far the biggest housing development downtown and probably the entire city.

Brookwood Village on S. Western has 1,128 units.

https://journalrecord.com/2017/06/22/brookwood-village-sold-for-60-5-million/

I understand Catch22's reasonable skepticism, but this is a legit developer. It's about time that OKC gets more high-rise residential. If this is built with anything approaching the quality of those developments in Nashville and South Florida this will be a transformational development for Bricktown and downtown.

I love the ultra modern look of Cube 3's designs. But since this in Bricktown, will these buildings need brick facades? I actually hope they don't. I want that ultra modern design. Though I guess they could incorporate some brick facade and still have the modern look.

Given it's location, I don't think brick should be a requirement, although, 28 stories you could do some incredible designs where the 1st 4 stories are all brick and then as you go up the building the brick begins to fade out...almost as if it's evaporating.

I wonder if they were originally planning for more hotel before the Omni deal nixed public incentive for hotels.

I wonder if they were originally planning for more hotel before the Omni deal nixed public incentive for hotels.

Originally, 2 hotels were planned. But Unscripted pulled out and Dream increased in size.

I'd guess residential towers at 28 feet likely puts these between Valliance Bank and Oklahoma Tower heights. From where they sit, that will definitely expand the feel of the skyline.

I'd guess residential towers at 28 feet likely puts these between Valliance Bank and Oklahoma Tower heights. From where they sit, that will definitely expand the feel of the skyline.

Remember, residential and hotel structures have significantly lower floor-to-ceiling heights.

Probably the best guest would be to extrapolate from the Omni.

I understand Catch22's reasonable skepticism, but this is a legit developer. It's about time that OKC gets more high-rise residential. If this is built with anything approaching the quality of those developments in Nashville and South Florida this will be a transformational development for Bricktown and downtown.

My post was more about not wanting to click on a link to the Oklahoman. I am patient enough to wait for an OKCTalk report that I know will be truthful and not copy and pasted PR fluff or “shooting from the hip” with inaccurate or misleading info.

My post was more about not wanting to click on a link to the Oklahoman. I am patient enough to wait for an OKCTalk report that I know will be truthful and not copy and pasted PR fluff or “shooting from the hip” with inaccurate or misleading info.

But this was actually a decent article. Not bad at all. Not PR fluff. I get the skepticism, though.

Best thing is to always find out for yourself. Not sure if the meeting at 10A is open to the public or if it will be streamed live, even if we don't get new visuals, I am sure they will provide new information about the project.

Best thing is to always find out for yourself. Not sure if the meeting at 10A is open to the public or it will be streamed live, even if we don't get new visuals, I am sure they will provide new information about the project.

It is open to the public but not televised and I'm looking for a volunteer to go, but I'm sick as a dog:

*****
Unfortunately, I'm dealing with health problems so I cannot go but OKCTalk needs a volunteer to attend today's Downtown/MAPS Tax Increment District Review Committee meeting and take photos of the renderings and plans for the twin 28-story residential towers at the Boardwalk at Bricktown.


July 6, 2023
10:00 AM
420 W. Main St.
Basement Conference Room

It's a public meeting; all are welcome and you can record video and take photos. There is only one other small agenda item so you wouldn't have to sit through a bunch of boring stuff.

Please reply here if you can cover this for us. As you take photos, you can text them to me (DM me for my phone #) and I'll post them right away.

TIA!

Remember, residential and hotel structures have significantly lower floor-to-ceiling heights.

Probably the best guest would be to extrapolate from the Omni.

214 ft ÷ 17 stories = 12.58

12 x 28 = 336.

Valliance tower is 321 and Oklahoma is 410 (that would be 14 foot floors).

I'd guess much closer to the Valliance towers, but that will be really tall in comparison to the rest of Bricktown and would obviously be taller than the Omni by a good margin.

I love the ultra modern look of Cube 3's designs. But since this in Bricktown, will these buildings need brick facades? I actually hope they don't. I want that ultra modern design. Though I guess they could incorporate some brick facade and still have the modern look.
Properties south of Reno are not subject to Bricktown Urban Design Committee review. Urban Renewal, with whom Hogan has a development agreement, can influence the overall design but won’t require strict adherence to the historically-influenced design standard for Bricktown proper (the part north of Reno).

It is open to the public but not televised and I'm looking for a volunteer to go, but I'm sick as a dog:

*****
Unfortunately, I'm dealing with health problems so I cannot go but OKCTalk needs a volunteer to attend today's Downtown/MAPS Tax Increment District Review Committee meeting and take photos of the renderings and plans for the twin 28-story residential towers at the Boardwalk at Bricktown.


July 6, 2023
10:00 AM
420 W. Main St.
Basement Conference Room

It's a public meeting; all are welcome and you can record video and take photos. There is only one other small agenda item so you wouldn't have to sit through a bunch of boring stuff.

Please reply here if you can cover this for us. As you take photos, you can text them to me (DM me for my phone #) and I'll post them right away.

TIA!

Dang, wish I had seen this sooner. I totally could have gone. Sending you good vibes and fast healing!

I keep refreshing the page to see if there are any renderings from the meeting!

I keep refreshing the page to see if there are any renderings from the meeting!

You'll be waiting weeks. They likely don't have them fully ready yet. Probably not til after TIF is approved.

How can they ask for $200M which is 37% of the project and not have solid renderings? If I was approving a decision like that, I would like to see something solid. That's a lot of money to give out, to just go off what's on paper.

https://www.breakingtravelnews.com/images/sized/images/uploads/hotel/Dream_Las_Vegas_-_NS-410x250.jpg
This pic is among some of the last renderings TMK.

Nobody stepped up and went to the meeting so we won't know if they presented images unless the Oklahoma covers it, and then they'll be behind a pay wall.

I would have dragged myself there but it's impossible for me to even drive a car right now.

Sorry Pete. I also didn't see the message until it was too late for me to make it.

Kind of surprising nothing has leaked, unless it was purely just an informational meeting with no renderings or anything. Not a peep on any of the typical OKC Twitter feeds.

If they want to break ground in the winter then they surely must have some pretty detailed drawings and plans made up by now.

The meeting today is a weird committee for Downtown TIF/MAPS. I've never been but their agendas in the past have only included text, so I suspect it's very much an administration and quick approval type of thing, so it can be passed on to the next level. But we don't know because nobody was there to see and hear what happened. If the Oklahoman doesn't have renderings by tomorrow, they probably weren't presented.

On July 18th is the Oklahoma City Economic Development Trust meeting which is usually the next step. Those are more elaborate and their agendas typically have lots of sexy renderings. I'll be keeping a sharp eye out.

I am sure if any new renderings were presented they will show up this evening in the Oklahoman or in the morning.

I would have gone but was obligated to a family lunch. Dang it.

Maybe we can contact someone on the board or involved with the development to send along some info/renderings. While they probably don't want to release anything too soon, they may enjoy the publicity and support from showing the renderings to a community like this one.

Maybe we can contact someone on the board or involved with the development to send along some info/renderings. While they probably don't want to release anything too soon, they may enjoy the publicity and support from showing the renderings to a community like this one.

They won't respond -- I've tried this with committees before.

I am anxious to see the renderings! Hopefully, it will have a wow factor and pops with the existing skyline! Not so much generic and predictable. Stay tuned.

Sorry you are ill, Pete. Get better soon. I didn’t see your message either and had a meeting out of town.

KOCO piece. https://www.koco.com/article/oklahoma-city-project-economic-boom-entertainment-downtown/44466725?utm_campaign=snd-autopilot 18110 18111

KOCO piece. https://www.koco.com/article/oklahoma-city-project-economic-boom-entertainment-downtown/44466725?utm_campaign=snd-autopilot 18110 18111

I was just going to post about that. I can't help but wonder if that image on the right is a very basic rendering of what will be developed. When they say the project would last 5-7 years, I'm guessing that means building out everything aside from the towers?

These are all from the KOCO video. Trying to hurt down better renderings and plans.

HTTP://www.okctalk.com/images/pete/boardwalk070623a.png


HTTP://www.okctalk.com/images/pete/boardwalk070623b.png


HTTP://www.okctalk.com/images/pete/boardwalk070624c.png


HTTP://www.okctalk.com/images/pete/boardwalk070623d.png


HTTP://www.okctalk.com/images/pete/boardwalk070623e.png


HTTP://www.okctalk.com/images/pete/boardwalk070623f.png


HTTP://www.okctalk.com/images/pete/boardwalk070623g.png

All of those came from the attached meeting PDF available here: https://okc.primegov.com/meeting/attachment/487679.pdf?name=TIF%20Presentation%20The%20Boardwa lk. It isn't any new info, but at least the PDF has better quality. I saw this earlier, but assumed these were the known renderings and we were waiting on something more detailed/visual.

At least in the really general massing photos, the buildings don't look nearly as tall as I would have expected for the stated number of apartments. Also including less than 1 parking space per unit, excluding the public parking side, is an interesting (and encouraging!) choice.

18112

Nobody stepped up and went to the meeting so we won't know if they presented images unless the Oklahoma covers it, and then they'll be behind a pay wall.

I would have dragged myself there but it's impossible for me to even drive a car right now.

Sorry Pete, I saw it this morning but was already in Tulsa today. Would’ve been happy to go if I’d been in town.

Hope you feel better!

I know it’s been probably discussed a million times but I wish there was a relatively painless way to connect the canal to the lagoon. Would be a cool stop for the riverboats and nice pedestrian access to the canal/rest of bricktown. Just seems like it would be a massive missed opportunity that would elevate both this project and the canal.

18112

Just to be clear, that is a "design inspiration" photo, not a rendering of this exact project.

Very Cool! I'm confused no mention of Dream Hotel?

Just to be clear, that is a "design inspiration" photo, not a rendering of this exact project.

Yep you're correct. I took a pic of it during the news broadcast prior to seeing the packet you posted. Good catch!

Very Cool! I'm confused no mention of Dream Hotel?

Since it is getting no TIF funds, that would be beyond the purview of the meeting.

But the PDF mentioned above by LokoAko mentioned the 348 key hotel.

Renderings are still very bland and conceptual, we still don't have any solid renderings. We don't know what materials, glassing, height, etc. I don't understand, this should all be done by now.

Sorry Pete, I saw it this morning but was already in Tulsa today. Would’ve been happy to go if I’d been in town.

Hope you feel better!

I know it’s been probably discussed a million times but I wish there was a relatively painless way to connect the canal to the lagoon. Would be a cool stop for the riverboats and nice pedestrian access to the canal/rest of bricktown. Just seems like it would be a massive missed opportunity that would elevate both this project and the canal.

Why don’t they just do a lock/dam?