University Town Center

[G.Walker]

Ok, so I went straight to the source and emailed Maureen Hammond, who is the Director of Operations for the Norman Economic Development Coalition, on the status of University North Park, and this was her response:

NEDC plans to move forward with Phase I development of UNP Corporate Centre this summer. The City of Norman can provide you with an update on Legacy Park and the lifestyle center. Their main number is 321-1600. I hope this helps.

[twade]

Ok, so I went straight to the source and emailed Maureen Hammond, who is the Director of Operations for the Norman Economic Development Coalition, on the status of University North Park, and this was her response:

NEDC plans to move forward with Phase I development of UNP Corporate Centre this summer. The City of Norman can provide you with an update on Legacy Park and the lifestyle center. Their main number is 321-1600. I hope this helps.

What did they say about Legacy Park and the lifestyle center when you talked to them?

[G.Walker]

They didn't say anything about the Legacy Park or Lifestyle Center, I suppose its on hold, due to budget issues with the City of Norman. The reason why the corporate campus is moving forward is because the Norman Economic Development Coalition has big demand for the office spaces, and NEDC is doing the construction.

[kwash]

so what about this movie theatre thats also suppose ot be in university park or was that scrapped also?

[rcjunkie]

so what about this movie theater thats also suppose ot be in university park or was that scrapped also?

There was never a movie theater planned for N. Park.

[G.Walker]

There was a movie theater planned for the UNP in the Lifestyle Center, in conjunction with an open air shopping mall. Nothing has been scrapped, just on hold.

[cad_poke]

There was never a movie theater planned for N. Park.

I've got a pdf from Sooner Investments/Colleit Assoc. that says differerent about the theater.

[Monkeypony]

why dont they concentrate on making a nice walking area around there where folks can take a nice stroll or just hang out instead of focusing on more stores and more stores. at least for now! i heard there were plans for a nice park?! ill bet if they came up with something really nice, norman residents would be totally for doing a sales tax to fund it.
right now it looks like a project gone astray..

[HangryHippo]

This article talks about the plans for Legacy Park.

[venture]

why dont they concentrate on making a nice walking area around there where folks can take a nice stroll or just hang out instead of focusing on more stores and more stores. at least for now! i heard there were plans for a nice park?! ill bet if they came up with something really nice, norman residents would be totally for doing a sales tax to fund it.
right now it looks like a project gone astray..

Umm, aren't stores the point of a retail shopping district?

Looks like the bids are in and Legacy Park will start moving forward finally.

[kevinpate]

Is/are there an/any accurate, accessible master site plan/s for UNP that show/s announced projects?

[twade]

Does anyone know if Phase 1 of Corporate Centre includes six buildings, or is the photo on the Norman Economic Development website a master plan?

[G.Walker]

Does anyone know if Phase 1 of Corporate Centre includes six buildings, or is the photo on the Norman Economic Development website a master plan?

Yes, Phase 1 includes six buildings

[Spartan]

I wish, but I won't hold my breath. My understanding is that they would shoot for any kind of theater they could land.

Legacy Park is on hold. The City of Norman is moving forward with other park projects and those are ahead of Legacy at the moment.

[Mr T]

Does anyone know what happened at the last TIF oversight meeting? I was under the impression that it was held April 20th?

The Transcript hasn't had any reporting on it, and the Norman official website seems to run months behind.

I thought all of the estimates and bids expired April 10th. It seems that both the developer and OU are out of money? I remember the mayor saying that it wasn't a problem, the deadlines would be met, no-one would be let out of any obligations.

Nothing has been reported since the election that I can find. All I have seen is the letter this weekend from Mr. Holyfield discussing the meeting. The situation appears dire. When are they planning on telling people what is happening? Does anyone know what is happening?

[blangtang]

Yeah, I'll admit I'm a bit out of the loop (maybe thats how the local paper wants it) , but I'll say I have to agree with the general sentiment in the following Op-Ed that Mr T referenced. The last time i visited the area was to eat in April at the Pei Wei, whose quality has gone downfill since first opening.

I still remember the discussion of the high quality development, etc, etc. that this TIF would bring. the city seems to have been jived talked on this one, by OU and the developer, not to mention the wallop of the national economy doing its fair share. I'd like to know whats really going on...

I still dont understand why the city traded ownership of the convention center attached to the Embassy Suites for the bridge to Brookhaven - that might actually be a good deal for the city in the long run if the district doesnt fully develop and the Embassy Suites gets stuck with an underutilized convention center. But i'm still not convinced construction of the bridge was necessary. anyway...

May 22, 2010
City should cut its losses on TIF

NORMAN — Editor, The Transcript:

At the most recent University Park (UNP) TIF Oversight Committee meeting some members expressed concern and frustration over the status of the TIF and agreement with the developer. It appears that the developer has not met the terms and conditions of all his obligations as provided in the TIF agreement.

The public was told that this would be a spectacular development with high end retailers that would draw consumers from Dallas to Kansas City. What we have is a strip mall that has for the most part retailers in many other parts of the city that duplicate products sold on the TIF.

The major difference in the retail sales is that only a portion of the sales tax (40 percent) generated at the TIF goes into the City’s general fund. The retailers outside of the TIF who played by the rules and paid for their own infrastructure are having customers siphoned off from their respective business. In addition, they are subsidizing their competition with their own tax dollars. These are tax funds being diverted to the TIF that should be going to the general fund to pay employee salaries and maintain the city's essential services.

With the city’s employees facing loss of jobs because of the alleged budget crises, there is no reason why the City should not cut its losses and end its partnership with the developer. The City would begin to receive available tax revenues at the UNP. The public should insist the City Council do so now.

Don Holyfield

Norman

[Mr T]

Thanks for linking the letter! I really need to write down how to do that!

Mr. Holyfield is correct - those stores are cannibalizing, not adding value. We already had a pet store and an office store and stores that sell failed clothing lines. We certainly had more than enough stores selling cheap plastic shoes from China. The petroleum smell in the sports store is enough to knock you over. I've noticed, the few times I have been dragged in there, that the employees all cough.

All of the original stores of this nature, whether I enjoy them or not, paid their own way. If I were them I would be seriously angry.

Vital tax money is wasted while faithful City employees lose their jobs and benefits. Employees blame the City, city council blamed the newspaper, and the newspaper blamed the employees for not figuring it out themselves.

I would dearly love to know why Henry Baskeyfield removed the endorsement from Hal Ezell. What was he promised?

[king183]

I would dearly love to know why Henry Baskeyfield removed the endorsement from Hal Ezell. What was he promised?

That's a very good question. I've heard a lot of people recently express regret at the outcome of that election for precisely some of the reasons discussed here about the TIF. I think Hollyfields letter hits the nail on the head.

[Spartan]

Yeah, I'll admit I'm a bit out of the loop (maybe thats how the local paper wants it) , but I'll say I have to agree with the general sentiment in the following Op-Ed that Mr T referenced. The last time i visited the area was to eat in April at the Pei Wei, whose quality has gone downfill since first opening.

I still remember the discussion of the high quality development, etc, etc. that this TIF would bring. the city seems to have been jived talked on this one, by OU and the developer, not to mention the wallop of the national economy doing its fair share. I'd like to know whats really going on...

I still dont understand why the city traded ownership of the convention center attached to the Embassy Suites for the bridge to Brookhaven - that might actually be a good deal for the city in the long run if the district doesnt fully develop and the Embassy Suites gets stuck with an underutilized convention center. But i'm still not convinced construction of the bridge was necessary. anyway...

May 22, 2010
City should cut its losses on TIF

NORMAN — Editor, The Transcript:

At the most recent University Park (UNP) TIF Oversight Committee meeting some members expressed concern and frustration over the status of the TIF and agreement with the developer. It appears that the developer has not met the terms and conditions of all his obligations as provided in the TIF agreement.

The public was told that this would be a spectacular development with high end retailers that would draw consumers from Dallas to Kansas City. What we have is a strip mall that has for the most part retailers in many other parts of the city that duplicate products sold on the TIF.

The major difference in the retail sales is that only a portion of the sales tax (40 percent) generated at the TIF goes into the City’s general fund. The retailers outside of the TIF who played by the rules and paid for their own infrastructure are having customers siphoned off from their respective business. In addition, they are subsidizing their competition with their own tax dollars. These are tax funds being diverted to the TIF that should be going to the general fund to pay employee salaries and maintain the city's essential services.

With the city’s employees facing loss of jobs because of the alleged budget crises, there is no reason why the City should not cut its losses and end its partnership with the developer. The City would begin to receive available tax revenues at the UNP. The public should insist the City Council do so now.

Don Holyfield

Norman

Mr. Holyfield is spot-on. These developers need to be held to what they originally said they would do, or have their TIF revoked. If having their TIF revoked doesn't make them act, then they need to lose the land. That goes for Sooner Investments or whatever the hell company is the developer, AND for OU.

[kwash]

Now there is a huge rumor of hollywood theatres being completly renovated in september, so i guess that officially means the theatre in UNP has been scrapped. I was even told that UNP put a bid on The Warren back before they settled on moore, but lost the bid obviosuly. So now most norman movie goers spend their money in moore, because look at that parking lot over at hollywood and its empty even on weekends.

[king183]

Well, glad to hear it from you. But my source was the Norman City Council--they've spoken about this several times. So either you're wrong or they were badly misinformed about Ft. Thunder. And I wouldn't be surprised if it was them who were misinformed.

[Spartan]

Well keep in mind that Norman is not exactly the most pro-development city in the world in the first place.

[TornadoKegan]

Well keep in mind that Norman is not exactly the most pro-development city in the world in the first place.

Moore and OKC are more pro development than. Norman.

[onthestrip]

The fact that the developer said the center will draw people from Kansas City and Dallas should have been a red flag. Like Dallas and KC folks need to come to Norman to shop, even if upscale retailers did locate in UNP.

[Shake2005]

The fact that the developer said the center will draw people from Kansas City and Dallas should have been a red flag. Like Dallas and KC folks need to come to Norman to shop, even if upscale retailers did locate in UNP.

The best indicator on if a developer is lying is if they are speaking.