The Falls Event Center based in Salt Lake City have filed drawings that show a 3rd level being added to the existing 2-story structure at 108 E. California and a waterfall that would be at the basement / canal level.
Renderings also indicate a large outdoor terrace facing the canal and new Oklahoma-themed murals on the eastern wall, a highly visible facade that currently features plain paint and for sale signs.
The building is currently owned by Gary Cotton who declined comment when reached by phone. OKCTalk has learned this property is under contract for sale, presumably to The Falls group.
The existing structure was last home to Margarita Mama's but has been vacant for a decade. It features two levels of 7,000 square feet each and the same amount of area in the basement.
Several years ago, Cotton sold the property to the immediate east which is now home to miniature golf and Brickopolis.
Cotton had originally planned an ambitious mixed-use project called the Cotton Exchange but could not obtain financing and ultimately put the properties on the market.
To the immediate west of 108 E. California is the Kingman Building, which is home to Yucatan Taco Stand, Bourbon Street Cafe and offices. Directly across the canal, Miracle pop-up bar is occupying the old Captain Norm's space which will become the permanent Plundr bar in early 2017.
Further West, the owners of the Case Plow Building recently revealed plans for a major renovation and just to the west of that, the Santa Fe Station is being renovated into a multi-modal transportation hub which will include direct access to the canal area upon completion of a new tunnel and plaza.
Just to the south and west, The Plow Building has recently completed a comprehensive renovation and is filling with office tenants with at least one restaurant planned as well.