The Rise

[soonerguru]

omg free water for everyone! It's a gift to the neighborhood for the delays, bring your boots and buckets!

I think they just missed the natural lake that had formed in the construction area.

This project has been taking on water for some time.

I think instead of The Rise, it should be named The Sink.

[catch22]

I think they just missed the natural lake that had formed in the construction area.

This project has been taking on water for some time.

I think instead of The Rise, it should be named The Sink.

Love it.

Even God could not sink this project, much like the Titanic.

[urbanCOWBOY]

This project is getting ready to move much faster. Much, much faster.

[catch22]

Well even if it moved up one day in the delayed timeline, it would be like a 10000% increase in speed. So...

[urbanCOWBOY]

(So...) what?

This is great! You should be happy. OKCTalk should rejoice and throw a "blog party" where everyone joins the same chat-room, and pops their own bottle of champagne! (Maybe they could even get out of their pajamas and throw on a tuxedo shirt)

When this project is done, all of this BS talk will be irrelevant and forgettable. Lets not forget what Landrun has done for 23rd St. They are/were among the first believers in 23rd St... What have you done for 23rd St?

[catch22]

(So...) what?

This is great! You should be happy. OKCTalk should rejoice and throw a "blog party" where everyone joins the same chat-room, and pops their own bottle of champagne! (Maybe they could even get out of their pajamas and throw on a tuxedo shirt)

When this project is done, all of this BS talk will be irrelevant and forgettable. Lets not forget what Landrun has done for 23rd St. They are/were among the first believers in 23rd St... What have you done for 23rd St?

It's not BS. It's a matter of fact that this project has been taking much longer than what has been expected, not only on this forum, but even by the tenants. Just because someone has done good work in the past does not exempt them from taking a huge delay and pissing off tenants in the process. This thread isn't about me, it is about the building.

Are you suggesting that we only praise good development practices, and turn a blind eye to what appears to be a breakdown in the process of this development?

[urbanCOWBOY]

Well, Landrun has not done good work in the past. They are a new company.
Landrun has acquired a lot of valuable property in the past 2 years, been acquired by Speery Van Ness, lost their vice president, etc. What have you done in the past two years?

This project also shows how difficult it is to develop on 23rd St. They have pulled in some great tenants, but it has been VERY DIFFICULT to fill each of the spaces. Jonathan Russeell and his team have pulled in some serious tenants (beyond expectations). It is hard to get a pro-forma to be right in a difficult area, a historic restoration, and the "first of their kind".

They have been fighting to fill every space but it has been customized toward each client. 23rd St is/was nothing without Landrun. It was very difficult/impossible to pre-lease quality tenants on 23rd St. before this project. This project has given hope to the area.

[Teo9969]

Well, Landrun has not done good work in the past. They are a new company.
Landrun has acquired a lot of valuable property in the past 2 years, been acquired by Speery Van Ness, lost their vice president, etc. What have you done in the past two years?

This project also shows how difficult it is to develop on 23rd St. They have pulled in some great tenants, but it has been VERY DIFFICULT to fill each of the spaces. Jonathan Russeell and his team have pulled in some serious tenants (beyond expectations). It is hard to get a pro-forma to be right in a difficult area, a historic restoration, and the "first of their kind".

They have been fighting to fill every space but it has been customized toward each client. 23rd St is/was nothing without Landrun. It was very difficult/impossible to pre-lease quality tenants on 23rd St. before this project. This project has given hope to the area.

Laughable statement.

[BillyOcean]

Well, Landrun has not done good work in the past. They are a new company.
Landrun has acquired a lot of valuable property in the past 2 years, been acquired by Speery Van Ness, lost their vice president, etc. What have you done in the past two years?

This project also shows how difficult it is to develop on 23rd St. They have pulled in some great tenants, but it has been VERY DIFFICULT to fill each of the spaces. Jonathan Russeell and his team have pulled in some serious tenants (beyond expectations). It is hard to get a pro-forma to be right in a difficult area, a historic restoration, and the "first of their kind".

They have been fighting to fill every space but it has been customized toward each client. 23rd St is/was nothing without Landrun. It was very difficult/impossible to pre-lease quality tenants on 23rd St. before this project. This project has given hope to the area.

wow, what a homer...what is your affiliation with Landrun? Bottom line, I am thankful that they are re-developing The Rise, but it aint done yet. When it is done and we are able to see the final product and tenants they attract, then and only then will they get the kudos you think they have earned.

[betts]

At least LandRun bought this building. Unfinished, it looks 1,000x better than it did filled with crap, having that awful facade. It's a shame it is taking so long and a shame they've lost a tenant. I suspect development inexperience is playing a role in this. But I don't remember any of our more experienced developers stepping up to the plate on this. I'm disappointed it is taking so long, but grateful the reno is happening at all.

[musg8411]

This project is definitely moving slow, but Pizzeria Gusto and Pump Bar aren't exactly flying along and the are much smaller and weren't piled to the ceiling with crap to begin with. They are being built up by owner/operators instead of building owners which seems to be the only difference. I would rather a development take an extra year then sit vacant and unmaintained (cough...cough...Tower Theatre).

[Just the facts]

At least LandRun bought this building. Unfinished, it looks 1,000x better than it did filled with crap, having that awful facade. It's a shame it is taking so long and a shame they've lost a tenant. I suspect development inexperience is playing a role in this. But I don't remember any of our more experienced developers stepping up to the plate on this. I'm disappointed it is taking so long, but grateful the reno is happening at all.

I agree 100%. As long as progress is being made I have time to wait. 10 years from now no one is going to care that it took extra time, but they are going to love the historic facades. On the other hand, some of the other downtown projects that progressed quickly will look like crap in 10 years and no one is going to care how fast they got built either. In fact, they will probably blame the speed for the problem. In short, give me quality over speed any day. I'm in it for the long haul.

[Pete]

It's going to be a great project when finished and will go a very long way towards 23rd taking a huge step forward.

Other than FlashBack RetroPub, I am not aware of any other tenants planning to leave. In a years time, I'm sure the delays will be forgotten.

[Teo9969]

Just to clarify, the delays don't bother me so much…but to hell with the idea that LandRun is even remotely the only people responsible for the development of 23rd. In fact, when they open the Rise and are wildly successful (and they will be)…they really will owe a lot to all the people who *actually* stuck out their neck on 23rd like the Mathis/Lower group and AGE, all of whom were well established on 23rd long before HM Liquidation even sold.

[onthestrip]

Land acquisition, financing, pre-leasing always seems to be things that take the longest and are the toughest to complete, not the construction, that looks to be at a standstill. Thats just whats most mind boggling to me.

[Pete]

Just to clarify, the delays don't bother me so much…but to hell with the idea that LandRun is even remotely the only people responsible for the development of 23rd. In fact, when they open the Rise and are wildly successful (and they will be)…they really will owe a lot to all the people who *actually* stuck out their neck on 23rd like the Mathis/Lower group and AGE, all of whom were well established on 23rd long before HM Liquidation even sold.

Don't forget Keith & Heather Paul, who were really the first with Cheever's and now four other projects in the district, and Ben Sellers, who did a great job across the street from The Rise at the 600 NW 23rd building, with Pizza 23 and Orange leaf and a bunch of office tenants.

[Teo9969]

Don't forget Keith & Heather Paul, who were really the first with Cheever's and now four other projects in the district, and Ben Sellers, who did a great job across the street from The Rise at the 600 NW 23rd building, with Pizza 23 and Orange leaf and a bunch of office tenants.

AGE = A Good Egg

[Pete]

Just learned that Fedora -- the cigar lounge that was to have the roof-top deck in this project -- has bolted for Automobile Alley:

Fedora - OKCTalk

[Pete]

Just learned that Fedora -- the cigar lounge that was to have the roof-top deck in this project -- has bolted for Automobile Alley:

Fedora - OKCTalk

[shawnw]

Is that sound I hear dominoes?

[DammitDan]

This place is easily becoming the new Casa de los Milagros on Classen & NW Expressway, in terms of construction time.

[Pete]

The space Fedora is leaving behind is pretty great, so I'm sure it will be leased once they get further along in construction.

[HangryHippo]

I'm still have serious doubts about them ever getting further along in construction.

[pickles]

i'm still have serious doubts about them ever getting further along in construction.

ever?

[PhiAlpha]

I'm still have serious doubts about them ever getting further along in construction.

Well that's a bit extreme, don't you think?


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