guys, one other thing to think about - we've been begging for a monument tower (like space needle) to add to the downtown skyline. while not a typical of that type, if built Tower 3 could serve as OKC's monument tower. Think of it that way vs. being so out of place, like Devon actually is currently.
This could serve as a bold statement for OKC. Yes, there are many other plots to build on. But a skinny supertall actually works nicely for THIS location. And, could serve to garner additional towers to the Cox site, REHCO lands, OGE lands, and possibly Strawberry fields. It's aspirational indeed, but good news is we definitely get the 3 tower complex that itself has been updated - construction starts in a few months!!
Oklahoma City, the RENAISSANCE CITY!
I couldn’t be happier with the design of at least the three towers (the super tall is obviously greatly exciting…)
I think building up this high is a good move if we ever want to make a nationally recognized skyline. Of course, it will look a little strange and out of place, but we will continue to grow and it’s neat to see a bold decision to start with a giant project. This would be a huge flex for us, especially if we are on global display for the Olympics.
Sorry I haven't been to Dubai, man I must live under a rock. Anyways, a 1,776ft tower has no place in dowtown OKC right now, I don't care how you argue it. Austin current tallest tower (875ft) doesn't even come close to this, so thats a bad comparison. Lets be realistic, OKC is not Dubai, NYC, or even Austin.
it's a statement tower. it's aspirational, it might not be that tall. And they stated 1750 feet.
As I mentioned, I see this - if built - to be OKC's monument tower, a statement. Even with this tower, it doesn't mean OKC is trying to be anybody but itself. What I expect to be built? the 3 35 floor towers and Tower 3 probably being 1000 feet (which will still be hugely impressive and still give us a supertall).
Oklahoma City, the RENAISSANCE CITY!
You totally miss the point, but oh well.
If you or anyone else gets so bent about an aspirational pie in the sky drawing, well, I have some swamp land I'd like to sell. No one is saying that this is actually going to get built, least of all the developer. But for you to say that the only reason to build a supertall is because of land availability is just silly. I pointed out examples where supertalls were built where there is plenty of land and pointed to what they represent, and your best argument against that is that we aren't Dubai or Austin. LOL.
Meh. We just don't have the human capital Texas does, it isn't like they are some super-educated Boston-level super hub for education. They have no income tax and a huge population. Those are 2 of the biggest reason companies go there. And I doubt you are ok with getting rid of OK's income tax.
I know you can build a supertall anywhere you want. I am not dumb. My main argument is this is not good land use for downtown OKC. I would rather them build a equal maybe slightly taller tower on that site. Then spend the money and build another 2-3 500-600ft residential towers closer to the core. This gives the downtown core more density, and a level skyline.
Austin has UT and other highly rated educational institutions near by. If they aren't Boston, we certainly aren't Austin. It attracted a huge highly educated tech support community. It didn't always have a huge population, but attracted a big influx of educated population based on high paying available jobs complementary to what they had and what they worked at bringing in. Oklahoma is generally anti education and doesn't have a great demographic for the companies with the best paying jobs.
Austin also has a way larger capital base that invests in start-ups. OKC is relatively capital poor and tech starved. We tend to think opening a restaurant is a great entrepreneurial goal, not starting a tech co with the ability to hire thousands in the near future. (Nothing against restaurants and the service industry, but that can't be the core of your growth.)
Yes, there are no state income taxes in Texas, but their overall tax burden is not low, even compared to OK. Texas has the 29th highest tax burden and OK just 41st.
Gentlemen. As someone who is very tuned into real estate development. I’ve seen this type of grandiose announcement made by developers looking for a quick cash grab or handout from a city. I can almost promise you, nothing proposed will be built. I suggest no one set themselves up for disappointment.
It will be a skinny tower like the new ones in New York City.
https://www.oklahoman.com/story/news...s/71937684007/
Is this land being held by OCURA or a private seller? If OCURA, it seems pretty typical for developers to make big promises to get land on the cheap and then do something else.
It'd be neat to get towers, but I'm expecting 4-story wood framed apartments.
What cash grab scheme do you think this is? Are you saying you believe NOTHING will be built? Is the developer bilking the investors? TIF isn't received until spent and something built, so not with the city. With leasing pre-payments? I doubt anyone puts down payments till at least steel is in place and floors starting to build out. Who are they grabbing cash from?
Do you know someone in the businesses involved that say this development won't be built? It's been in the works for years now. The city has already passed a TIF for it. I'll be glad to see the ground breaking next year to see it's being built. But to promise that nothing shown will be built is a stretch. Especially the 3 primary towers
This will never happen. There aren't even enough people who live in Oklahoma City who would be able to afford the rent in a tower that size with that many apartments.
Pipe dream.
But the renderings are nice!
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