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Wow that is insane! Can you send me a DM, I may be looking at a move to OKC later this year and need a realtor.

Thanks!

FYI- the occupancy rate in the CBD is roughly 65%, so on any given night there are about 1,000 of the 3,000 current rooms vacant.

For OKC to support 8,000 rooms at that the same occupancy rate...

Because hotel operators aren’t in the business of trying to lose money. If the current occupancy rates supported the demand for more rooms I can assure you that they would be built.

This isn’t a...

Kansas City has about 4,600 rooms in the core and Loews is currently building an 800 room hotel that will be adjacent to the convention center. There are fears the market is being overbuilt.
...

We like KC pretty well. We went out to dinner during our first week in town and our server had moved from Ft Collins to KC, we asked him how he liked KC and he said KC had a lot more soul than...

I moved to KC about a year ago from Denver, and I would say KC feels like a small, big city, while OKC feels like a big, small city. That is completely understandable for a metro that is roughly 50%...

I'm not sure something like that would pencil out right now, but I am surprised someone hasn't developed something along the lines of One Light in KC. 25 floors/315 units. I think OKC is ready for...

I agree that 150 floors sounds like a lot but really isn’t that many units. For comparison sake I reviewed what Denver had under construction on the residential side in December of last year...

According to this the average household income is over $70k. But I can't speak to the accuracy.

https://www.point2homes.com/US/Neighborhood/OK/Oklahoma-City-Demographics.html

One is median, the other is average.

Agree, HQ2 won't be in Denver.

^^ I had forgotten what the Louisville Omni looked like, that is a pretty sharp design. It would really look great in OKC and make a statement.

Please let go of the OU stuff, it makes it hard to take anything yOU post seriOUsly if yOU are over the age of abOUt 12.

Thanks.

Sadly these would sell for $1M or more in Denver.

Good looking infill project!

http://www.magnifymoney.com/blog/featured/which-cities-have-changed-the-most621600948/

Not sure if that has been posted. OKC comes in at #11 on this list for the most change in the last 10 years....

Actually it made me think of a different project in Denver, the Denver Rock Drill.
http://denverinfill.com/blog/2017/04/new-project-denver-rock-drill.html

If the vacancy rate downtown was in the 8-10% range or less there would certainly be some spec space being developed.

^^ that is pretty awful.

They are planning a 21-story dual brand concept (Tru and Home2 Suites) in Denver. Will be interesting to see the renderings as both of those concepts are pretty loud in...

Awesome photo GoldFire!

Updated MSA numbers came out:

OKC:
2015- 1,356,965
2016- 1,373,211

Increase of 16,246 residents.

DFW led the country with an increase of 143,435 residents. Crazy.

Good topic. When I grew up (in Tulsa) in the 80's and 90's, downtown OKC was pretty much a joke and there was virtually no reason to visit. To see it today is pretty impressive, relative to where...

If OKC growth rates continue at a similar pace I would say 15-20 years would be about right. If opened today I can't see ridership being nearly enough to make a line justifiable. For comparison...

A Punch Bowl Social would've been really cool in that location.

What kind of passenger traffic would be required at WRWA to make a line economically feasible?

I thought perhaps the economy was more diverse and job growth in other industries(those do exist if you hadn't heard) would offset more of the O&G losses. Not CEOs would hand out jobs to displaced...