Originally Posted by
Rover
Not sure what you mean by holding their feet to the fire. Anyone can buy property and speculate. They have to maintain it so as not to be a public nuisance or hazard, but they aren’t forced to sell, or build, or do anything with it. However, it is stupid to buy something for a lot of money and not expect some return on it. If there is a bonafide reason for the public’s interest, the city can try to take it for fair market value, but presumably not for a private commercial venture. Given there is so much developable land in downtown OKC, it might be hard to prove the public’s interest in this one.
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