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Thread: First National Center

  1. #1851

    Default Re: First National Center

    It's too bad the Devon retail space wasn't built out and the Main St garage space was taken by office space because all of these businesses could move right in. Luck is at the intersection of preparation and opportunity.

  2. #1852

    Default Re: First National Center

    That Devon retail space would be quickly built out at any time.

  3. #1853

    Default Re: First National Center

    Quote Originally Posted by Pete View Post
    That Devon retail space would be quickly built out at any time.
    Wonder if they have any interest in accommodating displaced businesses?

  4. Default Re: First National Center

    There is plenty ground retail in the garage near Devon already. Guess what? It's empty........

  5. #1855

    Default Re: First National Center

    There's also the ground floor retail space in the new Main St garage that's empty. But for these areas, is it empty because their owners are not ready to lease that space, because they're asking too much, or because there's not enough demand (unlikely)?

  6. Default Re: First National Center

    There are tenants planned for that space.

  7. #1857

    Default Re: First National Center

    Quote Originally Posted by baralheia View Post
    There's also the ground floor retail space in the new Main St garage that's empty. But for these areas, is it empty because their owners are not ready to lease that space, because they're asking too much, or because there's not enough demand (unlikely)?
    All the space in the new Main Street garage (Arts District Garage) is pretty much leased, it just hasn't been built-out yet.

  8. #1858

    Default Re: First National Center

    Gotcha. I figured that was the case. My question was intended as more of a counter to bombermwc, in an attempt to point out that the space may be "empty" when it's not actually available.

  9. #1859

    Default Re: First National Center

    Richard Mize's interesting interview with Mark Beffort, who own City Place, about what's happening with this building.

    http://www.oklahoman.com/article/544...y%20skyscraper

    Mark Beffort is probably First National Center's knowsiest next-door neighbor.

    He knows the troubles they've seen at 120 N Robinson, because as the owner of City Place, next door at 204 N Robinson, a skyscraper of the same vintage, he's seen the same kind himself — and fixed them.

    "I'm really excited for First National Center. I think it's the most significant historic structure we have in our city, and we all need to get behind it to ensure that it's a successful project this time," Beffort said. "I believe that by the end of the year we'll start to see some plan put together that we all can embrace, and move forward."

  10. #1860

    Default Re: First National Center

    Quote Originally Posted by ljbab728 View Post
    Richard Mize's interesting interview with Mark Beffort, who own City Place, about what's happening with this building.

    http://www.oklahoman.com/article/544...y%20skyscraper
    I am not necessarily an Oklahoman hater ( I subscribe and read it) but I was expecting so much more from that article other than "I have done it and it is expensive"

  11. #1861

    Default Re: First National Center

    Hit with code violations and cut of notices this week. First National Center faces utility cutoffs, code violations | News OK

  12. #1862

    Default Re: First National Center

    Quote Originally Posted by Jeepnokc View Post
    Hit with code violations and cut of notices this week. First National Center faces utility cutoffs, code violations | News OK
    I am surprised that has not been an issue earlier, the way the management has operated.

  13. #1863

    Default Re: First National Center

    It's been really bad in that building for quite some time.

    Over a year ago I was told management cut back maintenance to far below even basic standards.

    The only good part of all of this is the current owners -- as messed up as they are -- absolutely have to sell. I'm surprised they've been able to hang in there this long, but they are to the point of absolutely having to do something with this property.

  14. #1864
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    Default Re: First National Center

    Contacted the Golden Dragon buffet today inside FNC to see where they are. They couldn't tell me anything other than they will operate from a day-to-day basis. FNC is on borrowed time; once the utilities (water &/or electric) go--it's all over with but the shouting...

  15. #1865

    Default Re: First National Center

    Quote Originally Posted by Laramie View Post
    Contacted the Golden Dragon buffet today inside FNC to see where they are. They couldn't tell me anything other than they will operate from a day-to-day basis. FNC is on borrowed time; once the utilities (water &/or electric) go--it's all over with but the shouting...
    I worry about Ken and his wife. They're good people. I work for a department who had been staunchly insisting that we had a lease until June of next year so we had NO plans in place for a serious move. Now, we have to vacate by Wednesday. Heads ought to roll, but won't in Oklahoma.

  16. #1866

    Default Re: First National Center

    KFOR's update along with video interviews of some tenants.

    ?People had to bring their own toilet paper,? Tenants say historic building is on verge of breakdown | KFOR.com

    And Steve's update with interview with tenants and the building manger.

    http://www.oklahoman.com/article/544...ional%20Center

  17. #1867

    Default Re: First National Center

    Exclusive video of the FNC spokesperson earlier today discussing the rumors of utilities shutoff...

  18. #1868

    Default Re: First National Center

    As first reported by Brianna and Steve there is a new bidder here which can complicate the issues.

    Court documents hint rival bidder seeks ownership of downtown OKC's First National Center | News OK

  19. #1869

    Default Re: First National Center

    I do not believe there is a new bidder. I believe the owners are lying. Again.

  20. #1870

    Default Re: First National Center

    Seriously doubt some one would bid millions on this property without having had extensive discussions with the City, as public incentives are going to be a bigger part of this than the purchase price.

    But, I also think this thing will close to Goodman in about a month and then everything will start to move forward.

  21. #1871

    Default Re: First National Center

    Quote Originally Posted by Pete View Post
    Seriously doubt some one would bid millions on this property without having had extensive discussions with the City, as public incentives are going to be a bigger part of this than the purchase price.

    But, I also think this thing will close to Goodman in about a month and then everything will start to move forward.
    I hope you are right. Closing to Goodman --- at all --- will be a big relief.

  22. #1872

    Default Re: First National Center

    Quote Originally Posted by Pete View Post
    Seriously doubt some one would bid millions on this property without having had extensive discussions with the City, as public incentives are going to be a bigger part of this than the purchase price.
    Oddly enough, our biggest development projects have done the exact opposite of what one would expect with regards to extensive discussion with the City about incentives. If they did Stage Center would still be standing.

  23. #1873

    Default Re: First National Center

    Quote Originally Posted by Just the facts View Post
    Oddly enough, our biggest development projects have done the exact opposite of what one would expect with regards to extensive discussion with the City about incentives. If they did Stage Center would still be standing.
    That's one example.

    I could list dozens where advance discussions with the City were instrumental in bringing projects to full fruition, including the largest by far, the Devon Energy Center and the second largest, Leadership Square.

  24. Default Re: First National Center

    JTF views Devon Tower as an abject failure, Pete.

  25. #1875
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    Default Re: First National Center

    But JTF views everything in OKC as abject failure.

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