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  1. #1

    Default Re: Penn Central

    Love this design and its in a really great spot too.

    I do wonder about those homeowners in the north and south side of it. Seems they are right on top of them. Imagine owning one of those house and they built a tall high traffic complex behind you. I would hope there is a plan for those owners either buyouts or will need a massive wall to block out.

  2. #2

    Default Re: Penn Central

    Quote Originally Posted by OKC Guy View Post
    Love this design and its in a really great spot too.

    I do wonder about those homeowners in the north and south side of it. Seems they are right on top of them. Imagine owning one of those house and they built a tall high traffic complex behind you. I would hope there is a plan for those owners either buyouts or will need a massive wall to block out.
    Anyone notice the rendering showing the "Shack Shake?" Hmmm. That would be killer if these folks can draw Shake Shack to OKC.

    This is just literally everything that area needs right now. That whole part of town is like a second hub, but weirdly bifurcated due to I-44, Classen Circle remnants, and other mistakes.

    This could be a hit and with the quality of brands we are already drawing to the area, could bring in some choice retailers.

  3. #3

    Default Re: Penn Central

    Quote Originally Posted by OKC Guy View Post
    Love this design and its in a really great spot too.

    I do wonder about those homeowners in the north and south side of it. Seems they are right on top of them. Imagine owning one of those house and they built a tall high traffic complex behind you. I would hope there is a plan for those owners either buyouts or will need a massive wall to block out.
    I wonder about NIMBY opposition as well. There was a hugely ambitious project a few years ago proposed north of Classen Curve that is now tabled because NIMBYs successfully tied it up in court long enough for market conditions to change. Hopefully the same thing doesn't happen here.

    Quote Originally Posted by soonerguru View Post
    This could be a hit and with the quality of brands we are already drawing to the area, could bring in some choice retailers.
    I agree. This could be the development that draws in some of the retailers that should be in OKC but for whatever reason aren't.

  4. #4
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    Default Re: Penn Central

    Quote Originally Posted by bchris02 View Post
    I wonder about NIMBY opposition as well. There was a hugely ambitious project a few years ago proposed north of Classen Curve that is now tabled because NIMBYs successfully tied it up in court long enough for market conditions to change. Hopefully the same thing doesn't happen here.
    First of all, I believe that project is moving forward. Hotel should start soon. Retail on north side of 63rd is progressing rapidly. The bank has been leveled. And I am hearing movement on other parts.

    And, it wasn’t NIMBYs plural. There was basically one person who was a lawyer who objected enough to delay it. She lost her fight. She was never really backed by the Glenbrook neighborhood. We recognize how our value is being increased every day this Curve development gets closer. Location = value. Access to these kinds of amenities INCREASE value and add to the quality of lifestyle.

  5. #5

    Default Re: Penn Central

    Quote Originally Posted by bchris02 View Post
    I wonder about NIMBY opposition as well. There was a hugely ambitious project a few years ago proposed north of Classen Curve that is now tabled because NIMBYs successfully tied it up in court long enough for market conditions to change. Hopefully the same thing doesn't happen here.



    I agree. This could be the development that draws in some of the retailers that should be in OKC but for whatever reason aren't.
    I love the design but also respect homeowners.

    What do you think would be a good remedy? I don’t see the developer offering to buy them out so what is the options for those homeowners? I can see both sides of this but the homes were there first so somehow the developers need to come up with a workable plan imo.

  6. #6
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    Default Re: Penn Central

    Quote Originally Posted by Rover View Post
    First of all, I believe that project is moving forward. Hotel should start soon. Retail on north side of 63rd is progressing rapidly. The bank has been leveled. And I am hearing movement on other parts.

    And, it wasn’t NIMBYs plural. There was basically one person who was a lawyer who objected enough to delay it. She lost her fight. She was never really backed by the Glenbrook neighborhood. We recognize how our value is being increased every day this Curve development gets closer. Location = value. Access to these kinds of amenities INCREASE value and add to the quality of lifestyle.
    Quote Originally Posted by OKC Guy View Post
    I love the design but also respect homeowners.

    What do you think would be a good remedy? I don’t see the developer offering to buy them out so what is the options for those homeowners? I can see both sides of this but the homes were there first so somehow the developers need to come up with a workable plan imo.
    So, the developer should compensate you for making your property worth a lot more? Or, for making the neighbor lifestyle much better and more desirable? For replacing some offices and parking lots with a vibrant shopping, living, area with a legitimate night life? All within easy walking distance.

    If the developer follows through, the neighbors should be slapping the developer on the back not complaining.

  7. #7

    Default Re: Penn Central

    Quote Originally Posted by Rover View Post
    So, the developer should compensate you for making your property worth a lot more? Or, for making the neighbor lifestyle much better and more desirable? For replacing some offices and parking lots with a vibrant shopping, living, area with a legitimate night life? All within easy walking distance.

    If the developer follows through, the neighbors should be slapping the developer on the back not complaining.
    I think you are making assumptions on value and if the homeowners like it or not. I just think we have to at least consider the owners who were there first. If they all like it and want to stay thats great. Has the developer canvassed the immediate home owners? I am for the complex but also for owners.

    If they work with owners this can be a win win. Lets assume an owner wants to move. If the developer agrees to pay the difference between sell price and appraised vaue that would be a fair deal. If an owner wnats to stay great.

  8. #8

    Default Re: Penn Central

    Quote Originally Posted by soonerguru View Post
    Anyone notice the rendering showing the "Shack Shake?" Hmmm. That would be killer if these folks can draw Shake Shack to OKC.

    This is just literally everything that area needs right now. That whole part of town is like a second hub, but weirdly bifurcated due to I-44, Classen Circle remnants, and other mistakes.

    This could be a hit and with the quality of brands we are already drawing to the area, could bring in some choice retailers.

    To me, one of the buildings in the renderings resembles one of the larger-footprint Restoration Hardware stores. That would be a good get!

  9. #9

    Default Re: Penn Central

    Would OKC be able to support a Restoration Hardware? Pretty pricey stuff! A Crate and Barrel would be a nice fit in this development!!

  10. Default Re: Penn Central

    Quote Originally Posted by poe View Post
    To me, one of the buildings in the renderings resembles one of the larger-footprint Restoration Hardware stores. That would be a good get!
    Please please please! Tulsa has had one of the older small style stores for years, and my wife and I end up shopping online at RH all.the.time. The bulk of our furniture and decor budget goes to RH and RH Baby&Child. I guess I was kinda hoping it would end up in an expanded Spring Creek in Edmond (since we live there), but I'm happy with a location anywhere in OKC!

  11. #11

    Default Re: Penn Central

    Quote Originally Posted by OKC Guy View Post
    Love this design and its in a really great spot too.

    I do wonder about those homeowners in the north and south side of it. Seems they are right on top of them. Imagine owning one of those house and they built a tall high traffic complex behind you. I would hope there is a plan for those owners either buyouts or will need a massive wall to block out.
    Perhaps they could build that massive wall and make “Penn Central” pay for it?

  12. #12
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    Default Re: Penn Central

    Quote Originally Posted by OKC Guy View Post
    Love this design and its in a really great spot too.

    I do wonder about those homeowners in the north and south side of it. Seems they are right on top of them. Imagine owning one of those house and they built a tall high traffic complex behind you. I would hope there is a plan for those owners either buyouts or will need a massive wall to block out.
    Are you kidding? Those houses will go up in value immediately. They won't want to be blocked, but want easy walking access to it. All that makes their homes much more sought after. I am sure the developer would love to get all those houses for current market value and then turn them for big profit as the development is completed.

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