Crossroads Mall

[Larry OKC]

^^^
Where is SandRidge when/where you need them? LOL

[Spartan]

^^^
Where is SandRidge when/where you need them? LOL

I forgot that I'm not on facebook because I was looking for the like button

[OKCNDN]

Casinos don't have to be managed by tribes.

Yes they do.

There are two types of gaming in Oklahoma, Class II (bingo-based) and Class III (vegas-style games-poker, video poker, house-banked blackjack, three card poker, and such).

Tribes can engage in class II gaming under the authority of the Indian Gaming Regulatory act (IGRA) which provided for the regulatory structure that allows gaming on indian land. Non-tribal entities are not covered by IGRA. Therefore non-tribal entities cannot engage in class II. So class II gaming is eliminated for non-tribal entities.

Bingo halls are allowed but that is because of some other law which I am not familiar with. I do know that bingo halls cannot have gaming machines in them.

Now for class III gaming. Each tribe that has class III gaming has a gaming compact with the state. Included in these gaming compacts is a provision for exclusivity. Any casino operating against a tribe's gaming compact, ie within that tribe's exclusivity area, has to pay 50% of their adjusted gross revenues (defined as revenues minus prize payouts) as a penalty. No casino in their right mind is going to pay 50% of their operating revenue to the tribes. And the state will shut down a casino operating without a gaming compact. So that takes care of class III gaming. Non-tribal entities cannot operate a class III casino because they would be in conflict with existing gaming compacts.

In short...there will be no casino's in Oklahoma City.

[BB37]

Yes they do.

In short...there will be no casino's in Oklahoma City.

Except for Remington Park.

[Larry OKC]

Except for Remington Park.

Only because it was one the the "Racino" exceptions established by state law. I would imagine if the Racing portion were to fold, the Casino would have to vanish too. The argument at the time was that to save the horse racing industry, slot machines or casinos had to become part of the operation. Thats why I thought it odd that the Remington/Horse Racing Industry folks saw a casino as putting them out of business. They did have some valid points that the Racinos are limited on the number of machines, hours of operation etc that don't apply to the tribal owned casinos. COmpetition is usually seen as being a plus, but if it unfair competition...

The Remington situation is further complicated since it is owned by a tribe that doesn't have a historical claim to the area (but I think they got around that by buying an existing facility). Also think I read somewhere, the tribe only bought the facility and not the land it is on. Think the land is owned by the Oklahoma City Zoo Trust or something like that. Know the Zoo and the Science Museum (Omniplex) gets some kind of revenue from Remington (rent, a portion of wagering or what I don't remember).

[Jesseda]

Its beena month with no new info, is this mall going to last another year, get torn down, what etc, its odd that prime property is just blah nothing happening!!!! any news..

[Thunder]

Its beena month with no new info, is this mall going to last another year, get torn down, what etc, its odd that prime property is just blah nothing happening!!!! any news..

I moved my store there. Come shop and buy, buy, buy!!! I got skyhigh rent to pay Crossroads management!!!

[Jesseda]

i just left crossroads thunder!!! you do not have a shop there, you lied to me!! Cant believe i fell for it, and the bad part is while i was in crossroads, someone stole all my tires off the my car and my wallet was picked out of my pocket, then when i though that things couldnt get any worse, i looked down and notice someone in that mall stole the shoes off my feet!!!

[Thunder]

i just left crossroads thunder!!! you do not have a shop there, you lied to me!! Cant believe i fell for it, and the bad part is while i was in crossroads, someone stole all my tires off the my car and my wallet was picked out of my pocket, then when i though that things couldnt get any worse, i looked down and notice someone in that mall stole the shoes off my feet!!!

OMG, neither OKCTALK or Thunder can be held liable!!! :-O

[kevinpate]

This thread began three years ago come Sunday. Whenever the end may ultimately come, it's safe to note "apparently not" on the original question.

[Martin]

perhaps the time is near on a geologic scale. -M

[Steve]

The Oklahoma County Assessor's office sure has been complicit in one hell of a conspiracy to hide that sale that took place a year ago. For the life of me I can't remember who was on that crusade to convince everyone that the county assessor, The Oklahoman and the feds were trying to prevent the public from learning that a sale had taken place and it was to be converted into a wholesale mart. Good times, good times....

[Lauri101]

Sometimes I wish we had "like" buttons - I'm always looking for one!

[oneforone]

Its beena month with no new info, is this mall going to last another year, get torn down, what etc, its odd that prime property is just blah nothing happening!!!! any news..

The mall will probably be like Heritage Park. They will stay open until the cost of operating the place overshadow the income. Heritage Park did not even bother turning the lights on inside the mall in the final months. I take it Sears must have shelled out some cash or backed the owner of the mall into the corner. As of a few days ago the parking lights were on and bright as daylight on the Sears parking lots. Lifechurch is about to open in the old Dillards. Maybe LifeChurch could buy Crossroads and turn the place into a giant catherdal just like Joel Olsteen did with old Compaq Center in Houston complete with a 150 statue of Craig Groeschel in the Christ the Redeemer pose facing the Crossroads interchange.

[Larry OKC]

Or we could just move Crossroads Church into it?

If not mistaken, Sears owns their building that is connected to HP. Apparently, that is not uncommon for anchors to own their space (from comments made by others)

[bluedogok]

If not mistaken, Sears owns their building that is connected to HP. Apparently, that is not uncommon for anchors to own their space (from comments made by others)

That is common, we are doing a remodel of Midland Park Mall in Midland, Texas and all the anchor stores are owned by their respective companies. There are even access flags on the property which complicates some permitting. Austin Community College has bought most of the Highland Park Mall and anchors adjacent to one of their buildings and will be converting much of it to classroom space. It has pretty much gone down the same path as Heritage Park and Crossroads. Developers who handled the sale also plan on building housing and retail on the out parcels.

[megax11]

The Oklahoma County Assessor's office sure has been complicit in one hell of a conspiracy to hide that sale that took place a year ago. For the life of me I can't remember who was on that crusade to convince everyone that the county assessor, The Oklahoman and the feds were trying to prevent the public from learning that a sale had taken place and it was to be converted into a wholesale mart. Good times, good times....

Good times? If that constitutes good times for you, that must be one heck of a boring life to live, in my opinion.

It was me. I guess since nothing's been mentioned I can say this.

My friend, Sacha, worked trade show exhibits. He worked for Crane Displays before quitting. He was asked by the potential buyer of CRM to come on as a person who run trade shows inside the old JC Penny's location, which would have served as a function for dealers/wholesalers only, while the rest of the marketplace was open to dealers/wholesalers/consumers.

My friend, has a friend on Facebook, who was good friends with the lady who was going to buy the building. She is someone, who I think, helps to run CRM and offered him a job.

I guess things fell through, because obviously, we don't have the marketplace up when the timeline said it would be up.

I got my info from a lady running a sporting good shop near the old Spencers, who said the deal was signed and done, so don't kill the messenger. My friend said he was offered a job, so don't kill the messenger. My eye doctor, who used to run a store inside the mall, said he attended state meetings where things were happening. Again, don't kill the messenger.

I won't lie and say I am offended by the idea, that I feel you're mocking me for trying to be helpful. I was mocked then, but since I dropped the ****, I shouldn't be mocked now. If one has nothing better to do in life, than to mock someone at that time or a year after, really leads a pitiful existence?

Steve, would this happen to be you?

http://blog.newsok.com/davemorris/fi...ck_tan_500.png

The one in the front passenger seat? From the paper, right? Ever heard "if you don't have nothing nice to say, don't say it at all?" I mean, what could I say about you? A lot. I choose to be the bigger person, however. Just sayin'.

Maybe instead of mocking people a year later, you would love to be in the position of a little girl who was thrown into a swamp, alive, poisoned and bound in the heat to die, while their mother parties? Maybe you would like to die at the age of 2, while the one who died at the age of 2 gets to live in your shoes and might do better in life than mock others? There is more to life than hoarding the internet, mocking others who try to bring info here, and just overall take advantage of life, in ways those who died either defending us or at too young a age wouldn't.

Again, just my opinion. Again, just sayin'.

[kevinpate]

don't hate the playa, hate the game baby.

much simpler. fewer keystrokes too.

[USG '60]

It seems like we have another "Dana" on here. Say it ain't so.

[ljbab728]

http://newsok.com/federal-reserve-ow...ad_story_title

[Larry OKC]

Interesting. Just a quick read of it, but sounds like it is just something akin to a creative accounting move. It still exists just pretend that it doesn't until/if it sells?

[ljbab728]

Interesting. Just a quick read of it, but sounds like it is just something akin to a creative accounting move. It still exists just pretend that it doesn't until/if it sells?

I'm not sure that it really has much to do with accounting since it doesn't appear to involve money in anyway. Just an adjustment in the way of reporting statistics.

[jn1780]

Wow, a 75% reduction in price.

[Thunder]

Wow, a 75% reduction in price.

Yeah, its great, because that can encourage an investor to buy it and turn the place around like PSM.

[blangtang]

700,000+ square feet for $6million--I have an idea to save the new convention center alot of money and also to do something with the rotting carcass of Crossroads mall! why does a convention center need to be downtown anyway? they would have plenty of room to construct their fancy convention hotel too!