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Thread: University Town Center

  1. #501

    Default Re: UPDATE! University North Park

    Quote Originally Posted by Just the facts View Post
    ...yet people flock to UNP in droves. Is it because they like it or because Norman doesn't offer a different shopping choice?

    BTW - do they not have a website with a map and store directory?
    People flock there because it's new...and Target is there as well.

  2. #502

    Default Re: UPDATE! University North Park

    Quote Originally Posted by kevinpate View Post
    Couldn't say JTF. I only visit two places in UNP with any frequency at all, my bank and Qdoba. We've been into or grabbed takeout from some of the other eateries a time or two. I also use the road through UNP to go up to Tecumseh sometimes. The times I go through I see some traffic and cars in the p-lots, but I don't see mass numbers of folk.
    I cut through on that road to get to Tecumseh quite frequently, and UNP is always jammed up with cars, traffic, and people. People are going there for something, despite the complaining of many on this board.

  3. #503

    Default Re: UPDATE! University North Park

    I just wonder how much different things would have been if Norman had spent the $30 million on downtown instead and didn't do the TIF district. UNP was billed as this great generator of sales taxes but 60% of those sales taxes have to be spent on UNP.

    OUDaily.com | Norman sells new ?lifestyles?

    Anyhow, UNP exists so really no point it discussing it.

  4. #504

    Default Re: UPDATE! University North Park

    It was billled as "destination retail"- not sure if a Dress Barn counts. Seems to me mostly redundant retail. Shop eat drink party local!! It's the best way to support the community.

  5. #505

    Default Re: UPDATE! University North Park

    Quote Originally Posted by Just the facts View Post
    I just wonder how much different things would have been if Norman had spent the $30 million on downtown instead and didn't do the TIF district. UNP was billed as this great generator of sales taxes but 60% of those sales taxes have to be spent on UNP.

    OUDaily.com | Norman sells new ?lifestyles?

    Anyhow, UNP exists so really no point it discussing it.
    Totally agree. Instead of investing money into creating something unique for Norman (you can still have these kinds of shops that are found in UNP in a "downtown" setting...see Southlake, Texas)....we've got UNP which is just a regular, normal, non-unique shopping center with redundant retail. It's "great" for sales tax, sure...but nothing to boast about.

  6. #506

    Default Re: UPDATE! University North Park

    Quote Originally Posted by treyingram90 View Post
    Totally agree. Instead of investing money into creating something unique for Norman (you can still have these kinds of shops that are found in UNP in a "downtown" setting...see Southlake, Texas)....we've got UNP which is just a regular, normal, non-unique shopping center with redundant retail. It's "great" for sales tax, sure...but nothing to boast about.
    This has been said before, but the part of UNP that was supposed to be "unique" still has not been built yet. The Target, Pei Wei, Kohl's, Academy, all of that development was intended to come first and generate traffic. It really is the Legacy Park and the Town Center area that will make or break this development, so in spite of some missteps, it's possible that this could still work out fine. BTW, people shop in UNP because it is convenient and there are stores and restaurants that people like (Super Target, Qdoba, Academy, etc.).

  7. #507

    Default Re: UPDATE! University North Park

    Quote Originally Posted by gamecock View Post
    This has been said before, but the part of UNP that was supposed to be "unique" still has not been built yet. The Target, Pei Wei, Kohl's, Academy, all of that development was intended to come first and generate traffic. It really is the Legacy Park and the Town Center area that will make or break this development, so in spite of some missteps, it's possible that this could still work out fine. BTW, people shop in UNP because it is convenient and there are stores and restaurants that people like (Super Target, Qdoba, Academy, etc.).

    another problem with the tax structure :P ....concerned with gettin that sales tax revenue above all else!

  8. Default Re: UPDATE! University North Park

    Quote Originally Posted by treyingram90 View Post
    another problem with the tax structure :P ....concerned with gettin that sales tax revenue above all else!
    Would you rather we have local income taxes like many other states? Or extremely high property taxes?

  9. #509

    Default Re: UPDATE! University North Park

    Quote Originally Posted by venture79 View Post
    Would you rather we have local income taxes like many other states? Or extremely high property taxes?
    I'd rather have property taxes.

    Sales tax is very regressive, only covers goods and not necessarily services (selling law service, etc.). I'd rather have my city chiefly concerned with raising the city's property values because that benefits directly the city and its citizens. Sales tax creates an environment where, cities are trying to bring in any kind of business, fast food establishment, and whatever else to bring in the passer-by dollars.

    That's just my opinion though! Everyone's entitled.

  10. #510

    Default Re: UPDATE! University North Park

    Quote Originally Posted by venture79 View Post
    Would you rather we have local income taxes like many other states? Or extremely high property taxes?
    I think it was a comment more about focusing efforts nearly 100% on the tax collection side and not considering if the development is self-supporting on the tax spending side. In other words, does it cost more tax money to support UNP than if all the stores in UNP were located where existing infrastructure was already located (and is still located).

  11. Default Re: UPDATE! University North Park

    Quote Originally Posted by treyingram90 View Post
    I'd rather have property taxes.

    Sales tax is very regressive, only covers goods and not necessarily services (selling law service, etc.). I'd rather have my city chiefly concerned with raising the city's property values because that benefits directly the city and its citizens. Sales tax creates an environment where, cities are trying to bring in any kind of business, fast food establishment, and whatever else to bring in the passer-by dollars.

    That's just my opinion though! Everyone's entitled.
    Okay I can understand that. So then let me ask you, do you currently own and pay property taxes? As a property owner I would rather see a sales tax in place to raise revenues and leave my property taxes alone.

    Quote Originally Posted by Just the facts View Post
    I think it was a comment more about focusing efforts nearly 100% on the tax collection side and not considering if the development is self-supporting on the tax spending side. In other words, does it cost more tax money to support UNP than if all the stores in UNP were located where existing infrastructure was already located (and is still located).
    If that is what they meant, then I would fully agree with that. I would much rather have seen the development all go into Downtown Norman. Of course I also wonder what push back they would have received in the demolition of some of the closer neighborhoods to make room for structures like Target, Embassy Suites, and also building more structures to house the town center style stores. Of course nothing says that it all had to go into Downtown, since I'm sure Embassy would rather be off the interstate and Target would have likely just upgraded their old location on Main.

  12. #512

    Default Re: UPDATE! University North Park

    Quote Originally Posted by venture79 View Post
    Okay I can understand that. So then let me ask you, do you currently own and pay property taxes? As a property owner I would rather see a sales tax in place to raise revenues and leave my property taxes alone.
    Nope, I currently don't own property and don't pay property taxes. It wouldn't change my opinion on the tax structure though.

    I just feel like it's better served to the citizens of the community if the city is focused on creating better valued property in order to receive funds than doing its hardest to bring in as much retail stores as possible, which we know (most of the time) creates ugly commercial development and streetscapes and doesn't necessarily enhance the livability of a city.

    EDIT: We have it backwards here. We're focused on getting sales tax dollars (which again, creates a lot of ugly environment) before making the city and streets an attractive place for people. We ugly up one part of the city to fund other things down the road. I'd rather "pretty" up the city first, which will create places where businesses and people WANT to be. (See University Place, WA....re-did a street-scape and it's created tons of development along a corridor. They focused on beautifying a portion of the city first and then it brought in great development. The street's name is Bridgeport Way.)

    But again, it's all preference!

  13. Default Re: UPDATE! University North Park

    Well then you are looking at trying to raise money to "pretty up" parts of the city which is either going to be funded through raising sales or property taxes. Perhaps when you get to that that position where you actually own property and send that nice healthy check to the county each December (unless it's bundled with your mortgage of course), then your viewpoint may be a bit different.

    I see where you are coming from that better looking property = higher values = higher property taxes paid in. However, if you are wanting all these other items and want to exchange the income for funding them...then you are asking to raise property tax amounts without increasing the values of the properties themselves.

    You are right it is all preference, but we have to look at the impacts higher property taxes will also have for businesses and people who are looking to locate here. While it might seem okay to trade out higher sales for property taxes, if you push people away from locating in your city then you aren't going to get anywhere. If they get too high in Norman, nothing is stopping people from setting up in areas that are part of Moore or OKC even though they essentially could be Norman.

  14. #514

    Default Re: UPDATE! University North Park

    Quote Originally Posted by venture79 View Post
    Well then you are looking at trying to raise money to "pretty up" parts of the city which is either going to be funded through raising sales or property taxes. Perhaps when you get to that that position where you actually own property and send that nice healthy check to the county each December (unless it's bundled with your mortgage of course), then your viewpoint may be a bit different.

    I see where you are coming from that better looking property = higher values = higher property taxes paid in. However, if you are wanting all these other items and want to exchange the income for funding them...then you are asking to raise property tax amounts without increasing the values of the properties themselves.

    You are right it is all preference, but we have to look at the impacts higher property taxes will also have for businesses and people who are looking to locate here. While it might seem okay to trade out higher sales for property taxes, if you push people away from locating in your city then you aren't going to get anywhere. If they get too high in Norman, nothing is stopping people from setting up in areas that are part of Moore or OKC even though they essentially could be Norman.

    I will disagree with you, so let's agree to disagree

  15. Default Re: UPDATE! University North Park

    Quote Originally Posted by treyingram90 View Post
    I will disagree with you, so let's agree to disagree
    Sounds good. I use to have similar thoughts as you did, but as you get older and more life experiences stack up things change. I'm going to assume I have at least 10 years on you, so you'll have a lot to learn still.

  16. #516

    Default Re: UPDATE! University North Park

    Quote Originally Posted by venture79 View Post
    Sounds good. I use to have similar thoughts as you did, but as you get older and more life experiences stack up things change. I'm going to assume I have at least 10 years on you, so you'll have a lot to learn still.
    Haha. I will say this though...this opinion is definitely not only my own. I have friends/family who are homeowners that share the same sentiments as I do.

  17. Default Re: UPDATE! University North Park

    Quote Originally Posted by treyingram90 View Post
    Haha. I will say this though...this opinion is definitely not only my own. I have friends/family who are homeowners that share the same sentiments as I do.
    It's different for everyone I suppose. We are more in a tax discussion now than UNP, so I'll make this my last comment on the subject. I would much rather see us in a system where we just have a flat sales tax on everything (no property or income taxes) and let everyone decide how they want to spend their money. This then doesn't penalize home and property owners who prefer to get something for our money (versus renting and throwing it away).

  18. #518

    Default Re: UPDATE! University North Park

    Quote Originally Posted by venture79 View Post
    This then doesn't penalize home and property owners who prefer to get something for our money (versus renting and throwing it away).
    Renters pay property taxes, though indirectly.

  19. #519

    Default Re: UPDATE! University North Park

    here's a thought on an upside to sale taxes, especially if you get a lot of here, spend and then gone people (OKC in general, Norman via OU, etc.) and many, others places:
    I believe it is estimated about 1/3 of MAPs3 funds, as well as prior MAPs programs, came from outside non-OKC folk. Let that sink in a moment. Roughly 259 million of the 777 million of MAPs3 come from outside OKC. So, in other words, one could pretend the visitors are covering the convention center costs and OKC folks are covering the rest of MAPs3.

    As for renters and property taxes, yeah, renters pay. Same as they pay for the water in rentals that 'include' free water.

    Norman kicks a nice kick in the balance seat numerous weekends a year via sales taxes and hotel taxes, and yeah, buddy, y'all come see us more often if ya wanta.

    I wouldn't want to see a big tick upward in sales taxes, but there is room for some growth.

  20. Default Re: UPDATE! University North Park

    Quote Originally Posted by Buffalo Bill View Post
    Renters pay property taxes, though indirectly.
    Of course...but they aren't nearly as exposed to the full front as the property owner. Of course this also goes back to my feeling that renting is throwing money away as you are getting nothing for your dollar.

  21. #521

    Default Re: UPDATE! University North Park

    lets get back to UNP

  22. #522

    Default Re: UPDATE! University North Park

    Projects at Norman's University North Park extend beyond retail | News OK

    So I guess its safe to say the advanced manufacturing center and planned office park are dead or on hold again, lol. This is crazy, UNP wil be nothing but a strip mall destination. They also lost the big PETCO deal a few years ago. The City of Norman and the Norman Economic Development Coalition need to get their act together. I mean when was the last time Norman attracted a big time employer?

  23. #523

    Default Re: UPDATE! University North Park

    Quote Originally Posted by G.Walker View Post
    Projects at Norman's University North Park extend beyond retail | News OK

    So I guess its safe to say the advanced manufacturing center and planned office park are dead or on hold again, lol. This is crazy, UNP wil be nothing but a strip mall destination. They also lost the big PETCO deal a few years ago. The City of Norman and the Norman Economic Development Coalition need to get their act together. I mean when was the last time Norman attracted a big time employer?
    LOL. That article makes me laugh. "there's nothing like it in Oklahoma".

  24. #524

    Default Re: UPDATE! University North Park

    Quote Originally Posted by G.Walker View Post
    Projects at Norman's University North Park extend beyond retail | News OK

    So I guess its safe to say the advanced manufacturing center and planned office park are dead or on hold again, lol. This is crazy, UNP wil be nothing but a strip mall destination. They also lost the big PETCO deal a few years ago. The City of Norman and the Norman Economic Development Coalition need to get their act together. I mean when was the last time Norman attracted a big time employer?
    That is what happens when you a pitch a life-style center location to a company and then they see that your life-style center is a strip shopping center - they question what kind of life-style you are living.

  25. #525

    Default Re: UPDATE! University North Park

    Quote Originally Posted by G.Walker View Post
    Projects at Norman's University North Park extend beyond retail | News OK

    So I guess its safe to say the advanced manufacturing center and planned office park are dead or on hold again, lol. This is crazy, UNP wil be nothing but a strip mall destination. They also lost the big PETCO deal a few years ago. The City of Norman and the Norman Economic Development Coalition need to get their act together. I mean when was the last time Norman attracted a big time employer?

    or not

    "An aerospace company will be the first occupant of the manufacturing center, Wood said, bringing 400 new jobs to Norman. An official announcement is expected by the end of October."

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