Re: Costco in Active Negotiations
I was sold by him but bought by Western Healthcare Parteners. Sounds like a surgery center of some sort will go there.
This is who bought it.
G. David Neff- Your Oklahoma Expert for Custom Professional Buildings
Re: Costco in Active Negotiations
You must have edited your post same tme as me. :)
I could see this being a St. Anthonys North complex
Re: Costco in Active Negotiations
I wouldn't be surprised if this was part of a deal with Costco.
I also heard Costco at that site will be part of a much larger development, including possibly Crate & Barrel.
Re: Costco in Active Negotiations
COSTCO usually needs about 18 acres.
Re: Costco in Active Negotiations
Quote:
Originally Posted by
flintysooner
COSTCO usually needs about 18 acres.
If they are part of the bigger development, they could get by with less.
The stores themselves are only about 3-4 acres.
Re: Costco in Active Negotiations
I know a few years ago when they were looking they wanted 15 to 18 acres for 145,000 sf warehouse retail building and a separate gas station and they didn't want to share parking. If I recall correctly they wanted 750 spaces minimum for parking.
They do have a "newer" business concept that is smaller and can fit on a smaller lot.
Re: Costco in Active Negotiations
Looking back at post #51 and then looking up the Planning Commission meeting this is what i find.
SIRE Public Access
Meeting notes from June 13th.
Western HealthPlex.
I still think Saints North
Re: Costco in Active Negotiations
Ive heard its St Anthonys as well.
On the other side, I would expect a Costco to eventually happen with a large scale development surrounding it to follow.
Re: Costco in Active Negotiations
Quote:
Originally Posted by
OklahomaNick
The hard SW corner of W. Memorial and N. Western (south of the turnpike) just traded hands on 8/13/2013 for $3,489,000 for 8 acres.
That's $24.30 per square foot!
The seller is Houghton Heights Limited Partnership which I traced to Don Karchmer (a local developer).
The buyer is Western Healthcare Partners who I traced to G. David Neff (another local developer / Builder).
Here is his bio:
About G. David Neff- G. David Neff
Here is the county assessor link:
Leonard Sullivan Oklahoma County Assessor Real Property Detail Sheet
Don also owns the adjacent 92 acres, but I wonder if this 8 acres was carved out for Costco?
Pete - I think this is $10 per sf.
Re: Costco in Active Negotiations
Quote:
Originally Posted by
Pete
I wouldn't be surprised if this was part of a deal with Costco.
I also heard Costco at that site will be part of a much larger development, including possibly Crate & Barrel.
Unfortunately Oklahoma City doesn't have the economics demographics that C&B looks for. But who knows.
Re: Costco in Active Negotiations
Quote:
Originally Posted by
josh
Unfortunately Oklahoma City doesn't have the economics demographics that C&B looks for. But who knows.
OKC could get a Container Store though which I think is a similar concept. Little Rock has one. For C&B, OKC would run into the same problem it has with a lot of retailers, which is why they usually end up in Tulsa. If they decide to overlook that, I can see it being possible. Maybe they know if they can get in the same development as Costco, which will draw from much further than the 5 mile radius they usually look at, it could work.
Re: Costco in Active Negotiations
Quote:
Originally Posted by
OklahomaNick
The hard SW corner of W. Memorial and N. Western (south of the turnpike) just traded hands on 8/13/2013 for $3,489,000 for 8 acres.
That's $24.30 per square foot!
The seller is Houghton Heights Limited Partnership which I traced to Don Karchmer (a local developer).
The buyer is Western Healthcare Partners who I traced to G. David Neff (another local developer / Builder).
Here is his bio:
About G. David Neff- G. David Neff
Here is the county assessor link:
Leonard Sullivan Oklahoma County Assessor Real Property Detail Sheet
Don also owns the adjacent 92 acres, but I wonder if this 8 acres was carved out for Costco?
So is that good or bad news?
Re: Costco in Active Negotiations
Good news because a hospital is being built there. Bad news for anyone hoping it would be Costco.
Re: Costco in Active Negotiations
So is OKC getting a Costco?
Re: Costco in Active Negotiations
Yes, they will be coming, just nothing official yet.
I've been told Cabela's has also looked into the site in question.
Re: Costco in Active Negotiations
Quote:
Originally Posted by
bchris02
OKC could get a Container Store though which I think is a similar concept. Little Rock has one. For C&B, OKC would run into the same problem it has with a lot of retailers, which is why they usually end up in Tulsa. If they decide to overlook that, I can see it being possible. Maybe they know if they can get in the same development as Costco, which will draw from much further than the 5 mile radius they usually look at, it could work.
why is that?
Re: Costco in Active Negotiations
Quote:
Originally Posted by
sgt. pepper
why is that?
Haven't you been following sgt. pepper? Everything that OKC is lacking is due to Walmart saturation.
Re: Costco in Active Negotiations
Quote:
Originally Posted by
NWOKCGuy
Haven't you been following sgt. pepper? Everything that OKC is lacking is due to Walmart saturation.
That's only the grocery market that is affected/hindered by Wal-Mart.
Upscale stores like Crate & Barrel may take issue with lack of enough high-income rooftops within a 5 mile radius.
Re: Costco in Active Negotiations
Quote:
Originally Posted by
flintysooner
Pete - I think this is $10 per sf.
Yeah, my bad. I did my off hand math too quickly.
Re: Costco in Active Negotiations
Here in Lubbock on business. Just saw costco under construction. By the way little over a mile away from SAMs. At 630 pm there were propably about 150 vehicles for the construction crew on site. Lots of people working. Looked it up they are planned for a 100 day construction start to finish to opening.
Re: Costco in Active Negotiations
Quote:
Originally Posted by
beshy
Here in Lubbock on business. Just saw costco under construction. By the way little over a mile away from SAMs. At 630 pm there were propably about 150 vehicles for the construction crew on site. Lots of people working. Looked it up they are planned for a 100 day construction start to finish to opening.
That timeframe is typical for Costco. Their normal schedule for a "typical" store is 110 days.
Re: Costco in Active Negotiations
Lubbock! What the...? C'mon, you're killin' us Costco!
Re: Costco in Active Negotiations
Lubbock... Really...? That's sad that they get a Costco before us. What does Lubbock have over us?
Re: Costco in Active Negotiations
Quote:
Originally Posted by
zachj7
Lubbock... Really...? That's sad that they get a Costco before us. What does Lubbock have over us?
Tumbleweeds and being in Texas. LOL
Re: Costco in Active Negotiations
Quote:
Originally Posted by
NWOKCGuy
Haven't you been following sgt. pepper? Everything that OKC is lacking is due to Walmart saturation.
So Tulsa is not saturated with Wal-Mart's and that is the reason Tulsa gets all the cool, popular stores?