Widgets Magazine
Page 18 of 18 FirstFirst ... 131415161718
Results 426 to 442 of 442

Thread: Strawberry Fields

  1. #426

    Default Re: Strawberry Fields

    This is all sorts of yuck.

  2. #427

    Default Re: Strawberry Fields

    Awesome! Does that mean burring powerlines and water/sewage construction? Once awarded will we see activity on that property?

  3. #428

    Default Re: Strawberry Fields

    Quote Originally Posted by Pete View Post
    City is set to award the Strawberry Fields owners $16 million in TIF money for "underground infrastructure".
    What a joke. Overpay for land, show fancy renderings but have no real viable plan, beg the city for money to just get something going.

  4. #429

    Default Re: Strawberry Fields

    Quote Originally Posted by Pete View Post
    City is set to award the Strawberry Fields owners $16 million in TIF money for "underground infrastructure".
    They’re going to need way more than 16 million to make it work. I figure the streets alone would be 100+ million. Hopefully the bury the utility lines.

  5. #430

    Default Re: Strawberry Fields

    ^

    I'm sure this will not be the last ask.

    They'll probably ask for TIF for every new building they plan.

  6. #431

    Default Re: Strawberry Fields

    Weird to see TIF money spent on a project that up until now and into at least the near term future has been real estate vaporware.

  7. #432

    Default Re: Strawberry Fields

    Quote Originally Posted by Pete View Post
    ^

    I'm sure this will not be the last ask.

    They'll probably ask for TIF for every new building they plan.
    So all I gotta do is come up with some fancy renderings and boom I’m paid millions in TIF money? I’m in the wrong industry lol.

    I jest but hopefully this kicks start this thing.

  8. #433
    Join Date
    May 2008
    Posts
    7,690
    Blog Entries
    1

    Default Re: Strawberry Fields

    Quote Originally Posted by Pete View Post
    City is set to award the Strawberry Fields owners $16 million in TIF money for "underground infrastructure".
    Is this water and sewer, or electrical?

  9. #434

    Default Re: Strawberry Fields

    Quote Originally Posted by Rover View Post
    Is this water and sewer, or electrical?
    The TIF resolution does not provide any further details other than the approximate boundaries (OKC Boulevard, SW 7th, Hudson and Shartel).

  10. #435

    Default Re: Strawberry Fields

    Quote Originally Posted by Pete View Post
    ^

    I'm sure this will not be the last ask.

    They'll probably ask for TIF for every new building they plan.
    TIF will be given before or after the construction? If it's after, nothing to worry about.

  11. #436

    Default Re: Strawberry Fields

    Quote Originally Posted by Oski View Post
    TIF will be given before or after the construction? If it's after, nothing to worry about.
    This whole area has been pretty shady from the get go and so, while I hope it works out and I certainly think it could, I also don't know that allocating large chunks of TIF here, much of which will need to be borrowed from other funds and potentially create interest for the city, is really unappetizing with the group that has overseen this area.

  12. #437

    Default Re: Strawberry Fields

    Not going to argue TIF as it has been hashed out in great detail in other threads.

    I think the reason for SF being a dud so far is that there’s not enough market demand for the products they have available. The Lucy is about 30K +/- of additional Class A office space in an office market that already has significant vacancies. It was listed by a reputable local broker to no avail. The US supply building was listed for lease or sale, again with no takers. A huge reputable firm listed a large tract for SF that wasn’t purchased (likely due to the huge amount of land listed in the immediate area by other owners). In general I don’t think what’s going on here is sketchy but rather is being driven by market forces. BUT, I would like some more answers on the TIF and why plans haven’t been filed for the former goodwill site. I have a feeling we may have some answers to the latter sooner than later.

  13. #438

    Default Re: Strawberry Fields

    ^^
    Build a top notch high school or magnet school in downtown and people will come.

  14. #439

    Default Re: Strawberry Fields

    Quote Originally Posted by Southsider2 View Post
    Not going to argue TIF as it has been hashed out in great detail in other threads.

    I think the reason for SF being a dud so far is that there’s not enough market demand for the products they have available. The Lucy is about 30K +/- of additional Class A office space in an office market that already has significant vacancies. It was listed by a reputable local broker to no avail. The US supply building was listed for lease or sale, again with no takers. A huge reputable firm listed a large tract for SF that wasn’t purchased (likely due to the huge amount of land listed in the immediate area by other owners). In general I don’t think what’s going on here is sketchy but rather is being driven by market forces. BUT, I would like some more answers on the TIF and why plans haven’t been filed for the former goodwill site. I have a feeling we may have some answers to the latter sooner than later.
    Just to be sure, when I said "shady" what I meant to convey was not that anything is nefarious, just that they have absolutely nothing to show for what they've put out there and we're many years into this. Now you're asking for $16M in TIF and no one has evidence or a track record that this will come together in any way shape or form.

  15. #440

    Default Re: Strawberry Fields

    Quote Originally Posted by Teo9969 View Post
    Just to be sure, when I said "shady" what I meant to convey was not that anything is nefarious, just that they have absolutely nothing to show for what they've put out there and we're many years into this. Now you're asking for $16M in TIF and no one has evidence or a track record that this will come together in any way shape or form.
    Got it, sorry for the misunderstanding! I think you bring up a valid point for sure.

  16. #441

    Default Re: Strawberry Fields

    Quote Originally Posted by Teo9969 View Post
    Just to be sure, when I said "shady" what I meant to convey was not that anything is nefarious, just that they have absolutely nothing to show for what they've put out there and we're many years into this. Now you're asking for $16M in TIF and no one has evidence or a track record that this will come together in any way shape or form.
    I know this is stating the obvious but they need more population to make their other projects work. They need large residential apartments. There is market demand for apartments. SF want to build units that don't have demand in a post COVID era.

  17. #442

    Default Re: Strawberry Fields

    Heard from a reliable source that two buildings are under design review with the city and a large apartment complex is planned. If this has been stated previously, my apologies.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Soccer Fields
    By elitespy in forum Ask Anything About OKC
    Replies: 6
    Last Post: 02-02-2014, 03:21 AM
  2. OKC Public Schools - Fields and Futures
    By Architect2010 in forum General Civic Issues
    Replies: 0
    Last Post: 11-03-2013, 06:04 PM
  3. Strawberry Beer
    By kelly73099 in forum General Food & Drink Topics
    Replies: 5
    Last Post: 06-18-2012, 04:58 PM
  4. Seeking contractors in several fields
    By kevinpate in forum Businesses & Employers
    Replies: 4
    Last Post: 07-28-2008, 02:32 PM
  5. Strawberry Meth Kids
    By Karried in forum Current Events & Open Topic
    Replies: 4
    Last Post: 07-08-2007, 11:55 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Single Sign On provided by vBSSO