I know Burnett & Martin are saying this will just be a "long-term hold" but my understanding is they are also trying to buy the Spaghetti Warehouse building and that the lot on the SE corner of Sheridan and Oklahoma may be developed into a mid-rise, higher-end Marriott hotel property by a separate group.
I'm also hearing that Karchmer wants to move forward with the garage structure on the SW corner of Sheridan and Oklahoma before he starts on the other garage in north Bricktown.
After these properties close, we should learn more.
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