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Thread: Tulsa Development Summary

  1. #251

    Default Re: Tulsa Development Summary

    Quote Originally Posted by Eric View Post
    Having a big freaking highway between them doesn't help, that's for sure.
    Yeah, highways are always deterrents to continuity, but I think Tulsa could overcome it was some planning. I would love to see the 3rd street bridge add retail on each side like was done in Columbus, Ohio. 6th street has potential to add development on the east side of the overpass to make the connection stronger.

  2. #252

    Default Re: Tulsa Development Summary

    Quote Originally Posted by dankrutka View Post
    Yeah, highways are always deterrents to continuity, but I think Tulsa could overcome it was some planning. I would love to see the 3rd street bridge add retail on each side like was done in Columbus, Ohio. 6th street has potential to add development on the east side of the overpass to make the connection stronger.
    I'm afraid 6th street will have a 3 block gap for some time to come just east of the overpass. Park on the south (which ain't moving), and the Indian Health Center and VFW on the north. Just don't see those moving any time soon. To boot, I think a church is about to be constructed west of Kenosha on the south side of 6th. After that, the half way decent street wall between Kenosha and Lansing will be completely bottled in by non-active areas most days of the week.

  3. #253

    Default Re: Tulsa Development Summary

    Quote Originally Posted by Eric View Post
    I'm afraid 6th street will have a 3 block gap for some time to come just east of the overpass. Park on the south (which ain't moving), and the Indian Health Center and VFW on the north. Just don't see those moving any time soon. To boot, I think a church is about to be constructed west of Kenosha on the south side of 6th. After that, the half way decent street wall between Kenosha and Lansing will be completely bottled in by non-active areas most days of the week.
    There is the NORDAM redevelopment that has potential to transform that area along 6th between Frankfort and Lansing. It was bought last year by Brickhugger LLC the same developers as the Mayo Hotel, Aloft, Detroit Lofts and Y Lofts. They haven't released any plans but have said it will be mixed-use preserving some of the old buildings and building new ones.

    The church is All Souls Unitarian and they just voted to proceed with their move from Brookside to downtown and build a new church building on the vacant lot on 6th between Frankfort and Kenosha.

    Once both of those projects are complete that makes that street wall of storefronts between Kenosha and Lansing a lot less isolated. And on the east side of the highway while the VFW and Indian Health buildings aren't moving anytime soon the block between Madison and Norfolk could easily be redeveloped. A streetscape would go a long way toward tying the area together as well.

  4. #254

    Default Re: Tulsa Development Summary

    The $32 million Cosmopolitan apartments off of Riverside is expected to break ground this month. I foresee these having no issues finding tenants as The Gathering Place will be well within walking distance.

    http://www.tulsaworld.com/business/r...d74d52104.html

  5. #255

    Default Re: Tulsa Development Summary

    The "Gateway Bridge" is the chosen winner.
    Construction will begin in 2018.

    More information and renderings:

    http://www.tulsaworld.com/news/local...b40f0f426.html

  6. #256
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    Default Re: Tulsa Development Summary

    One of Tulsa's greatest buildings is being renovated. The classic Adams Building (formerly the Adams Hotel) has been emptied of tenants and is being converted to 50 apartments.

    http://www.tulsaworld.com/scene/down...278ac5084.html



  7. Default Re: Tulsa Development Summary

    Quote Originally Posted by Swake View Post
    One of Tulsa's greatest buildings is being renovated. The classic Adams Building (formerly the Adams Hotel) has been emptied of tenants and is being converted to 50 apartments.

    http://www.tulsaworld.com/scene/down...278ac5084.html


    What stunning detail! She's a beaut. Congrats to Tulsa on another historic renovation of an Art Deco midrise.

  8. #258
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    Default Re: Tulsa Development Summary

    Quote Originally Posted by Swake View Post
    Here are some renderings of the final design for this project that was presented to the PAC trust yesterday by the developer and Reasors. Reasors is now fully on board with opening a 32,000 square feet downtown location as part of this project. The PAC trust still has to vote to approve the design. This design includes 240 apartments in a 12 story building and a garage with more than 600 parking spaces with 300 of them available for PAC events. If the PAC trust approves the project the plan will then go to the city council to ask for TIF funding.





    http://www.tulsaworld.com/business/r...0460705f0.html
    The project, now called "The Annex" got final approval today. Once the city approves a TIF construction is slated to start next summer.
    http://www.tulsaworld.com/homepagela...d3dd89395.html

  9. #259
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    Default Re: Tulsa Development Summary

    Quote Originally Posted by Swake View Post
    Bomasada Group’s new apartments on Riverside are now called The Cosmopolitan. It will include 280 apartments with structured parking at Riverside and Denver Ave. The project is going before the planning commission next week.

    This project is now under construction. Here's current rendering

  10. Default Re: Tulsa Development Summary

    Nice!

  11. #261

    Default Re: Tulsa Development Summary

    This will really improve the 2nd St corridor especially once Santa Fe Square goes up east of Elgin. Fingers crossed Reasor's is able to work out a deal for an urban store here, that would indeed be a game changer for downtown.


  12. #262

    Default Re: Tulsa Development Summary

    'We’re incredibly excited': Proposed Jenks outlet mall sign says stores to open in 2020

    The development would be south of the Creek Turnpike near aquarium

    By Rhett Morgan Tulsa World

    Jenks Chamber President Josh Driskell said in a statement that “this project will bring construction jobs, retail jobs and tax revenue to the area.” Courtesy John Wyatt

    JENKS — After being placed on the back burner for years, plans for an outlet mall in Jenks could be heating up again.

    A new sign erected near the site of the proposed Tulsa Premium Outlets, across the Creek Turnpike from the Oklahoma Aquarium, indicates that the 80-retailer mall is coming in 2020. A representative from the Indianapolis-based Simon Property Group couldn’t immediately be reached, and while Jenks officials declined to speak specifically about the project’s timeline, they seemed to acknowledge its viability.

    “The Simon team has done a great job of keeping us informed and up to date,” Jenks Mayor Josh Wedman said in a statement. “We have a very good relationship. We’re incredibly excited about this project and what it will mean for Jenks.”

    Jenks Chamber President Josh Driskell said in a statement that “this project will bring construction jobs, retail jobs and tax revenue to the area.”

    When the Jenks City Council rezoned the land, Simon said it would break ground in 2016 and open in the summer of 2017. But the groundbreaking never happened.

    An executive developing a proposed rival outlet mall in the Tulsa area told the Tulsa World in September that a soft retail market had worked to delay his project and the Simon venture. Stephen Coslik is chairman of the Fort Worth, Texas-based Woodmont Co., which is partnering with Cherokee Nation Businesses to bring the Cherokee Outlets to Catoosa.

    He couldn’t be immediately reached for comment Tuesday.

    Easing anticipated traffic concerns, about $20 million in Creek Turnpike interchange improvements were completed near the proposed Simon project in 2017.

    In 2013, municipal voters approved a bond initiative that devoted $7.5 million to develop and upgrade the interchanges at the Creek Turnpike and Jenks intersections. The Oklahoma Turnpike Authority appropriated an additional $10,588,000 to expand the interchange at the Creek Turnpike and Elm Street.

  13. #263

    Default Re: Tulsa Development Summary

    http://www.tulsaworld.com/business/r...104de6f63.html

    Whetting an appetite: Developer plans food hall concept for Greenwood development

    By Rhett Morgan Tulsa World 4 hrs ago

    Meal time is a special time for Shaun Bhow.

    “From a purely selfish perspective, I want to eat,” he said. “I want to eat great food. When I’m out in other cities, I always think to myself, ‘Why can’t Tulsa have this in terms of different kinds of cuisines?’

    “I don’t want to have to leave the state to go get great soup dumplings.”

    Bhow is working to satisfy some of the cravings.

    He is planning a 11,500-square-foot, micro food hall concept called Greenwood Social in the Bhow family’s newest enterprise on the corner of First Street and Greenwood Avenue. To be located on the ground floor of the mixed-used development 111 Greenwood, formerly called Hartford Crossing, the space is intended to house six to eight independent food vendors.

    “We were weighing our options on what would be the right fit in this area,” Bhow said. “I’ve always been passionate about developing spaces and places that people interact with. This was a really unique opportunity for us to do something for ourselves on the ground floor.

    “This will perfectly suit a big demand for high quality, chef-driven, fast-casual options.”

    He and his father, Neal Bhow, are developing 111 Greenwood, as well as the roughly $7 million refurbishing of the next-door Hartford Building (110 S. Hartford Ave.) into a 74,000-square-foot office building.

    The top four floors of 111 Greenwood will be 55 apartment units ranging from about 565 to 810 square feet, Shaun Bhow said.

    The building was recently one of two affordable housing projects to be awarded $500,000 in low-interest loans from the Tulsa Development authority.

    Total investment for the five-story development, which could break ground in November and open in early 2020, is about $11 million, with about $2.5 million devoted to Greenwood Social, he said.

    “I don’t think everyone has an hour-plus to devote to lunch,” Bhow said. “People shouldn’t have to compromise because they are strapped on time. This will be something to offer to them.

    “A large group of co-workers or friends who are indecisive and don’t want to choose one specific type of food, they can all come here and each person can get what they want and still eat together.”

  14. #264

    Default Re: Tulsa Development Summary

    Tulsa’s convention center to get an overhaul

    By: Molly M. Fleming The Journal Record May 29, 2018

    TULSA – The Cox Business Center is getting a $55 million update, which was part of the city’s Vision 2025 sales tax project list.

    The renovations will start July 13, with demolition inside the building. The 24,000-square-foot arena is being removed. With other renovations, there will be 40,000 square feet of newly designed space in the building.

    With the extra meeting space, there will be a larger lobby to provide an area for pre-function events. The entrance is being redone, with a grander, all-glass curtain wall, providing a view of the city. Landscaping is being added as well.

    “It’s always been a problem that people didn’t know where the entrance is,” said Kerry Painter, general manager. “Now it will be evidently clear.”

    Painter said the updates were needed because some annual convention and meeting clients have outgrown the space. If Tulsa didn’t update the center, then those clients would have to find a new location, taking their tourism dollars with them.

    Tulsa Convention and Visitors Bureau President Ray Hoyt said those imported tax dollars – meaning money spent by tourists in the city – are important in terms of supporting city services such as police and fire departments.

    Other cities are fighting for those imported tax dollars as well. Oklahoma City will break ground on its new convention center on June 15. Smaller cities such as Enid, Edmond, Ardmore, and Broken Arrow are trying to get events as well, though they’re aiming for regional or statewide organizations.

    Across the U.S., Lexington, Kentucky is trying to build a convention center. Nashville, Tennessee opened the Music City Center in 2013 and it is slated to get $20 million in upgrades.

    Nationally, in 2016, the meetings and conventions industry generated $325 billion in direct spending and $845 billion in business sales, according to a study by the Events Industry Council, the Meetings Mean Business Coalition, and Oxford Economics. From 2009 to 2016, direct spending on meetings increased 23 percent.

    Hoyt said his office stays up to date with what’s happening in the meeting and convention industry. It’s taken three years to get to the point where work could start on the Cox Business Center, with one year to get the issue ready for the ballot. The tax was approved in 2016.

    “(The update) is about retention and reclaiming current large events,” he said. “As they grow, we don’t want them to grow out. We want them to grow into the space. The world of conventions and conferences is a competitive marketplace.”

    The updates are part of the first phase of a larger plan for the entire arena district, he said. Ohio-based MKSK Consultants is working with the city on how to best update the district. The area spans 30 blocks, with Burlington Northern Santa Fe Railroad on the north, Boulder Avenue on the east, and 11th and Seventh streets on the south.

    The city is two months into working with the consulting team. It’s a six- to eight-month process.

    “This area has a purpose of its own,” he said. “In the long term, we have some county, state, and federal buildings in the area. We want to see what their futures look like and how they can play into that area.”

    Painter said people considering having an event at the Cox Business Center should not be dismayed by the construction. The loud demolition work is starting after the center’s largest events. For the next two years, the work will be halted if an event needs to use the space.

    “We did stop booking some spaces in advance,” she said. “But we worked around all our annual, larger clients.”

    She said having the updates planned has helped some clients not take Tulsa completely off their radars. One event that doesn’t meet annually will be back in 2020. But there’s still the concern of which events will move permanently and not return.

    “People are a lot more willing to work their way through one year knowing the updates are coming,” she said.

  15. #265
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    Default Re: Tulsa Development Summary

    Goods news that both Tulsa & OKC continue to recognize the impact of the influx of money generated by the convention industry which includes revenue from trade shows and horse related events.

    The competitiveness between the state's two largest cities will become more intense once OKC unveils its new convention center around 2020. Tulsa's Vision 2025 & OKC's MAPS initiatives have enabled both cities to pay for much needed infrastructure to maintain upkeep and replacement of facilities. OKC has a pay-as-you build these debt-free facilities upon completion.


    Great news for Tulsa, they have done an outstanding job with the Cox Convention Center formerly the Tulsa Civic Assembly Center.

  16. #266

    Default Re: Tulsa Development Summary

    This actual development may have already been mentioned, but this is a new announcement of tennents.

    Valley National Bank moving headquarters downtown @ Tulsa World

    Valley National Bank and In the Raw are among the tenants set for a new multistory building going up just west of ONEOK Field.

    Groundbreaking at 110 N. Elgin Ave. is set for Friday, and the building is expected to open next year.

    Valley National Bank’s new downtown branch and executive offices will occupy nearly 22,500 square feet of the 100,000-square-foot, six-story building.

    Each floor will have a terrace with a ballpark view.

    Valley National Bank, which opened in 1982, has locations in Tulsa, Bixby, Catoosa, Collinsville, Ketchum, Langley, Oologah and Owasso. Its main office is now in south Tulsa.

    “The Biolchini family and Valley’s management and Board are very excited about the announcement of our new location on Friday at 10 a.m. next to the ballpark, with all the details and how the 100,000-square-foot facility fits into our strategic plan of Valley’s multigenerational commitment to Tulsa and making banking ‘surprisingly easy,’ ” said Valley National Bank Chairman Tom Biolchini in a statement.

    In the Raw will operate a rooftop restaurant at the new building. The sushi bar has locations in Brookside, south Tulsa, Broken Arrow and Oklahoma City.

    Other tenants will include BKD CPAs and Advisors and Summit Financial Group.

    The building was designed by Tulsa-based KKT Architects.

    The new mixed-use building by the Ross Group is part of $75 million worth of redevelopment that is planned or underway near the stadium.

    Among the projects are a 388-space parking garage that will serve the stadium area and an American Residential Group-backed, 200-unit multifamily complex called The View at 420 E. Archer St.

    Already under construction at Archer Street between Detroit and Elgin avenues is a Holiday Inn Express, on which Ross Group is partnering with Promise Hotels.
    PROJECT LOCATION


  17. #267

    Default Re: Tulsa Development Summary

    Delete

  18. #268

    Default Re: Tulsa Development Summary

    Another view from ONEOK Field


    This apartment project is planned for the lot directly south of the ballpark

  19. #269
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    Default Re: Tulsa Development Summary

    Quote Originally Posted by BG918 View Post
    Another view from ONEOK Field


    This apartment project is planned for the lot directly south of the ballpark
    This hotel is also being built south of the ballpark across the street to the east of those apartments. It's currently topped out and maybe 50% complete?


  20. #270

    Default Re: Tulsa Development Summary

    ^^^
    Some great infill apartments are also mostly complete in the former Brady District too.

    A got a tour of the Tulsa development scene from someone in the know and, if everything comes to fruition, the infill in Tulsa's core is really going to transform their downtown area into a much more cohesive, dense, and vibrant area. Most projects I heard about are known, but there are a few that I hadn't heard elsewhere (of course, I could have just missed it).

  21. #271
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    Default Re: Tulsa Development Summary

    Quote Originally Posted by dankrutka View Post
    ^^^
    Some great infill apartments are also mostly complete in the former Brady District too.

    A got a tour of the Tulsa development scene from someone in the know and, if everything comes to fruition, the infill in Tulsa's core is really going to transform their downtown area into a much more cohesive, dense, and vibrant area. Most projects I heard about are known, but there are a few that I hadn't heard elsewhere (of course, I could have just missed it).
    In the area around the ballpark The Valley National Bank building just started construction, that hotel is half built, the apartment complex site is cleared and construction is supposed to start next month. Phase II of The Valley National Bank building project is a multi-use building with residential next door and a parking garage behind that hotel. Phase II of Green Arch is an office building on the other side of Greenwood Ave which is also supposed to start this year. The Oklahoma Pop Museum is due to start construction this fall by The Cain’s. The Archer Lofts are nearing completion over near Main and The Kaiser Foundation has bought another large warehouse building by the IDL for renovation into lofts that should start before long. The Hanson Brothers bought a lot across the street from Prairie Brewpub where they are going to build their brewery with a bar and recording studio. That will bring the count of breweries/brewpubs in or near downtown to 14. Also, WPX Energy bought the old Spaghetti Warehouse and a warehouse next to that, they haven’t announced plans yet but something is coming there. And that’s just in the Arts District/Greenwood area. These projects will largely complete the northeast side of downtown as there really just isn’t much space left.

  22. #272

    Default Re: Tulsa Development Summary

    Yep, that's pretty much what I heard, but the only additions I have are that (1) I heard that the Hanson project has grown to be a larger mixed use project and, while disconnected by the highway, (2) there are plans for housing further north on Main Street. There is so much land north of the highway and there is a hope that it will bridge north Tulsa, particularly the black community, with the Arts District.

  23. #273
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    Default Re: Tulsa Development Summary

    Quote Originally Posted by dankrutka View Post
    Yep, that's pretty much what I heard, but the only additions I have are that (1) I heard that the Hanson project has grown to be a larger mixed use project and, while disconnected by the highway, (2) there are plans for housing further north on Main Street. There is so much land north of the highway and there is a hope that it will bridge north Tulsa, particularly the black community, with the Arts District.
    A lot of that land is owned/controlled by OSU. And they have been extremely slow in developing it and TDA is now trying to get it back.

  24. #274

    Default Re: Tulsa Development Summary

    The impression I received was that TDA was already moving forward with plans... maybe that was just optimism talking though...

  25. #275

    Default Re: Tulsa Development Summary

    Glad to see Tulsa gaining momentum.

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