Lumberyard

[PhiAlpha]

I thought First National was the fourth tallest building west of the Mississippi when it was built.

This is correct based on everything I've read...still impressive though


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[Spartan]

There's also two mid rise buildings in the conceptual renderings. Maybe the high rise element was added after the LLC was formed and named. I imagine it's also the more tentative element of the plans, but I'm just guessing.

What's interesting is, based on the specs, 60 of the units would be in those mid rise buildings. They look to be about 15 stories, which would mean about 2 unites per floor. Feel free to check my math there, but it seems like those would be some pretty fat units.

Also 6000 square feet seems like a low number for the retail space. There's a lot of boulevard frontage that could probably double that amount, unless they are thinking of having pretty good sized lobbies. Of course, this is all from looking at a drawing, so I could easily be way off.

This is what I'm wondering. The details seem fairly advanced. 43 stories, plus two mid-rises. 516 high rise units and 60 in the base. You don't have those kinds of numbers until you've done floorplate and prelim engineering studies.

6,000 sf of retail on a 43 story high rise condo tower tells me that they've done market analysis and noticed what sells here (housing), although it will also be curious to see the condo/apartment mix. There's no way they can sell 576 condos whereas that number of apartments could easily be leased up.

[BoomerThunder1]

Just heard from another trusted source that this property is most definitely under contract to an out-of-state purchaser who contracted with the Dallas architects to come up with a concept.

Doesn't mean this will get built as depicted, but this all isn't just rumor. The site is under contract to a group that has a lot of resources and wants to build residential with some retail along the boulevard.

The transaction hasn't closed but they have come to terms and the potential buyers are in the process of performing due diligence.

This = absolutely correct

[lasomeday]

Between this building and the Malaysian flight. We have a lot of investigating to do this weekend. What's happening here and where is that plane! I think there is a connection and as soon as we find the plane we will find out what the development entails!

[OKVision4U]

Pete, thanks for the (interjection) on this one. ...you have sources too.

[soonerguru]

^

That Broadway / I-44 rendering was posted in 2009, by the way.

Wasn't there some kind of massive global economic correction taking place that year?

[Bellaboo]

I thought First National was the fourth tallest building west of the Mississippi when it was built.

You might be right, but OKC had it going during the depression era.

[OKVision4U]

You might be right, but OKC had it going during the depression era.

You bet we did. We had one of the other "premium" resources that was in great demand at time...., Oil. The Dust Bowl ( combined w/ the 29' Market Crash) was the eventual last straw in our economy.

Funny how history can repeat itself. Oil & Gas has placed Oklahoma on a similar stage as then. Enegy producing states get a head start of the other non-producing states and this gives us a big advantage. This is our time to capatalize on this momentum. Thank you Oil & Gas !!!!!

And, when you combine Oklahoma w/ a strong economy now, with an investment group (that is looking for a safe place to invest in New Real Estate Growth Markets), you get these Outside Groups that have deep pockets and can throw up a 43 story building and not blink.

[Spartan]

You bet we did. We had one of the other "premium" resources that was in great demand at time...., Oil. The Dust Bowl ( combined w/ the 29' Market Crash) was the eventual last straw in our economy.

Funny how history can repeat itself. Oil & Gas has placed Oklahoma on a similar stage as then. Enegy producing states get a head start of the other non-producing states and this gives us a big advantage. This is our time to capatalize on this momentum. Thank you Oil & Gas !!!!!

And, when you combine Oklahoma w/ a strong economy now, with an investment group (that is looking for a safe place to invest in New Real Estate Growth Markets), you get these Outside Groups that have deep pockets and can throw up a 43 story building and not blink.

So how do you propose we properly worship and give sacrifice to Oil & Gas?

[Spartan]

I'm only counting 35 or so floors in the rendering?

[Plutonic Panda]

Did you include that bottom part?

[Spartan]

Appears to be a 4-story base structure.

[soondoc]

So, if this development has any legs it is still a many years away from becoming a reality? If so, I chalk it up as the norm for OKC. Not to be negative but just speaking the truth. I don't have much faith in the Convention Center and Hotel, the Boulevard, Park or Light Rail ever truly happening in our life time. They all seem to be sooo far off that by the time they originally planned on doing them the cost will have increased so much more that excuses will be made as to why it can't be done.

I wish OKC could be more like other cities and just get stuff done instead of being stuck in our usual "average" mentality and excuse mode of why things can't be done. If OKC ever wants to be great, it is time they start NOW doing great things, building and designing great things, and become a destination of sorts for people to want to come here. By piling up projects that are supposed to happen in 5 to 15 years from now, it almost becomes comical. The cost of doing something in 10 years will be so much greater than it would now and that doesn't even count lost revenue and money the city would be making from people spending their money here. I've lost faith in our leadership and who is running the show now days and I have always been a big Mick fan but this goes beyond him. OKC is just like the our state motto- OK but nothing great and despite how much I dream of it being great, reality is that it just isn't going to happen with the decisions being made by those in charge.

[catcherinthewry]

soondoc, are you OKVision4u's more negative brother? You two seem to have a problem with delayed gratification.

[dankrutka]

Is this the exact same post as another thread? Can Pete delete unnecessary posts like this?

[AP]

Is this the exact same post as another thread? Can Pete delete unnecessary posts like this?

Yeah, he did that in 3 or 4 threads. Copy and paste.

[warreng88]

Yeah, he did that in 3 or 4 threads. Copy and paste.

Six: Stage Center tower, central park, this one, DT airpark, Convention Center and Project 180. Of course, give him a half day and see what else jumps to the top.

[soondoc]

I guess I can't outsmart you guys, way to clever in your investigative skills. As I stated in another thread, it was covering a few projects and to open up discussion on them. Perhaps it can get the ball rolling or pressure the guys in charge and let them know what we want. That's the purpose of the thread, you guys are rough crowd I tell ya!

[Bellaboo]

I guess I can't outsmart you guys, way to clever in your investigative skills. As I stated in another thread, it was covering a few projects and to open up discussion on them. Perhaps it can get the ball rolling or pressure the guys in charge and let them know what we want. That's the purpose of the thread, you guys are rough crowd I tell ya!

Oh Edgar, are you back in another life form ?

Soondoc, you are just like the rest of us..... very little influence on the stakeholders.

[Pete]

I deleted all the other duplicates and left the one here.

And soondoc, Central Park, the Convention Center and the Boulevard will all be complete in the next five years or so.

Big projects take time, and is far from unique to OKC.

[OklahomaNick]

FYI: As most of you know, it's VERY expensive to have plans drawn up like this, especially from a reputable Dallas firm.
Whoever is behind this has got to have big money to spend/invest.

[lasomeday]

FYI: As most of you know, it's VERY expensive to have plans drawn up like this, especially from a reputable Dallas firm.
Whoever is behind this has got to have big money to spend/invest.

I agree they put a lot of time in placing these structures. Most projects like the one designed for Broadway was not placed on a site. They have this placed on a site with renderings that took weeks or months to do. They even have Kevin Durant on the side of the building with smaller Thuder banners on the far east building. They really have a lot invested in these designs for someone. This design has legs. Not sure how strong these legs are but its for a legit proposal. Whether it pans out is another story, but someone is investing a lot of money soon.

[Plutonic Panda]

...

[CuatrodeMayo]

I agree they put a lot of time in placing these structures. Most projects like the one designed for Broadway was not placed on a site. They have this placed on a site with renderings that took weeks or months to do. They even have Kevin Durant on the side of the building with smaller Thuder banners on the far east building. They really have a lot invested in these designs for someone. This design has legs. Not sure how strong these legs are but its for a legit proposal. Whether it pans out is another story, but someone is investing a lot of money soon.

Several years ago maybe. In 2014, a couple of low-paid intern architects could put these images out in 10 days.

[streuli]

Building hopes in Bricktown: Developer eyeing hotel and apartment towers | The Journal Record