The issue I have with this is that they got awarded almost $14M in TIF for the original proposal. Now that the plans have been watered down, they don't get less TIF money?
There needs to be some checks and balances re if the amount of TIF money is still valid if the development doesn't get built as proposed when TIF was requested/awarded.
Convergence project in the Innovation District Drone view on Youtube https://youtu.be/hMntDxaiWA8
Was downtown today and remembered this building being echo energy. What's the deal with this place?
https://www.echoinvestmentcap.com/
This website feels scammy and full of bs buzzwords.
and somehow they are involved in some vague way with the data science department at OU?
https://www.ou.edu/coe/dsai/industryengagement/echo
Wat
They aren't messing around!
Looks like the continuous saga of steel crane in our city. Welcome signs of progress. Thanks again for the pics, Pete.
You gotta build down before you see upward progress, and as cheesy as that sounds, i am happy to see there being so many projects needing that plunge downward to give the city some much-needed verticality.
Also, what's the time table for this one?
Is it just me, or does it still look like they are building the hotel? Because I see elevator shafts going up.
I'm sure they are just put in now for the future hotel.
I bet they stop at ground level for the time being.
The hotel was never canceled. Only delayed, if I remember correctly. So it would make sense to have that ready to go when it is developed (which I believe it will be, in the end).
The Innovation Hall that is part of this project and funded by MAPS 4 has been scaled back from 2 stories to 1.
They will have to refile for design approval.
What I find strange about this is that one would think the original plans for the Innovation Hall were based on some idea of the programming, the scope of their business, etc.
This is not like a hotel, or office building, or apartments, where one can decide to lop off a floor or two to save some money. I would have thought the original size of this would have had something to do with what they were planning. It seems like a "scale back" is a bigger deal in this instance than just a reaction to construction costs, etc.
I guess I may not be entirely clear what the Innovation Hall is all about.
MAPS has lost its way. Should have stuck with just funding large City-owned capital projects.
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