BancFirst Tower

[bombermwc]

Remember, the place is a commercial venture too. Things like lighting do NOT bring in more money, rather they simply COST money in utilities. It won't attract more tenants or higher rent just because its a little less dated from the outside. So if we are to hope for any renovations to the building, it has to be something that makes monetary sense to the owner...ie Cotter. Adding structure on the setback for retail, hey that could do it. Changing windows to be more efficient...well that only works if the building were paying the utilities instead of the tenants, or if they were seeking some sort of certification, or had some grant to help with it or something.

Also be conscious of those things taking away from it being an International Style structure. If it's altered too much, it looses its identity. And at the end of the day, it's gonna look like what it is, some stuff slapped on to try and make it look better. It's like when you were a teenager and your parents tried to use "cool" words. Something about it just doesn't sit right.

[Mr. Cotter]

Remember, the place is a commercial venture too. Things like lighting do NOT bring in more money, rather they simply COST money in utilities. It won't attract more tenants or higher rent just because its a little less dated from the outside. So if we are to hope for any renovations to the building, it has to be something that makes monetary sense to the owner...ie Cotter. Adding structure on the setback for retail, hey that could do it. Changing windows to be more efficient...well that only works if the building were paying the utilities instead of the tenants, or if they were seeking some sort of certification, or had some grant to help with it or something.

Also be conscious of those things taking away from it being an International Style structure. If it's altered too much, it looses its identity. And at the end of the day, it's gonna look like what it is, some stuff slapped on to try and make it look better. It's like when you were a teenager and your parents tried to use "cool" words. Something about it just doesn't sit right.

Except tenants are leaving because, among things, the building is not updated and it is often uncomfortable. Most of the space Devon left is still vacant, and prospective tenants aren't going to pay market rate for a submarket building. Investments should be made now to attract tenants, fill the building, and then receive a return.

[OKVision4U]

You are so "spot on". This location could be an incredible anchor for retail / dining for its lower levels.

The Cotter Tower could be that location but it would have to have a "new identity" to offer for the new / large anchor tenants. A band-aide will not get it this time. A complete re-do is what is needed now. I like the idea of adding a new "top" for it w/ a fresh look coupled w/ a new windows and a several large upscale retail for the lower levels. The Colcord has it new look sitting beside the new Devon Tower. The Cotter Tower could be the new look w/ the Skirvin too.

It does need to Re-Invent itself to be put in the front again of the OKC relevance in real estate. The good news for the Cotter Ranch Tower is that Devon spend a Billion down the street and thus, helped secure the Cotter Ranch Tower's future PROVIDING, they act accordingly. ....or, they will continue to be old news.

There is nothing Historic about this building, it is just a tower that needs to stay current, or get left behind.

A new top, new skin, new lighting, new street experience and this tower can be the Hottest Real Estate Property in OKC. ...or not.