Alley North (Old Dolese Headquarters)

[onthestrip]

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."

[Rover]

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.