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That's a great map! Thanks very much.
I love Mid-Century as much as anyone. But, this was a relatively inexpensively built, fast food restaurant that failed pretty quickly. I don't see it as an icon of anything special.
If we follow the outrage on this thread, I would be afraid to see the response when an old red roofed Pizza Hut building was torn down.
I am very sad to see Mutts gone! They have the best fried pickles in the world!
Other than I've attended a couple of sales conferences for this sort of thing, try G-O-O-G-L-E if you really wanted to know.
If you are alluding to accelerated/bonus depreciation tax implications, it doesn’t make them profitable. It may help with cash flow the first year, but only if you have gains to offset. And, there is possible recapture with penalties if you sell too quickly. Remember, land costs are not depreciable and only some of the assets qualify... maybe 10% of the building, especially if it is only partially built out as you suggest.
I’m just curious if you are implying something else. I do cost segregation/forensic engineering for some clients.
This is going to come down because of demolition by neglect, went by on the way home from Homeland on Sat. The blue tarps on the roof are torn apart and exposing the holes in the roof, and with all the storms coming up this spring, the inside will be damaged probably beyond repair. And poof, just like that, we have a new crappy strip mall with absolutely no personality or historic character, yay, go capitalism...
Did this proposal go to the Urban Design Committee or were these meetings put on hold? I was planning on attending for this one but then covid happened. Would be curious to know how that meeting went if it did.
As far as the current building it is being neglected and you are correct that it will probably have to come down at this point. That doesn’t mean this trash strip mall proposal HAS to be the thing that replaces it. This is exactly where the UDC needs to step in.
It looks like the demolition was approved, but the rebuilding was denied. Original minutes are at https://agenda.okc.gov/sirepub/mtgvi...octype=MINUTES, but here's the gist.
UDCA-20-00009, at 1400 NW 23rd St (NW 23rd Street Uptown). Consideration and possible action on an application by Robert Haggard for Fong Jordan, to: 1) Demolish existing building and site improvements; 2) Construct new building (variance required from maximum front yard setback requirement); 3) Construct parking lot; 4) Construct sidewalks; 5) Install lighting; 6) Install landscaping; and 7) Construct fences; and provide a recommendation to the Board of Adjustment regarding a variance from the maximum front yard setback regulation.
Applicant Robert Haggard commented on the project.
Property owner Fong Jordan commented on the project.
A quorum roll call was made at 3:23 p.m. with all members present.
Motion: Blatt/Guillory to approve items 1.a. and 1.b. of the application and deny items 2.a., 3.a., 4.a., 5.a., 6.a., 7.a., and 7.b.
Ayes: Peoples, Ude, Blatt, Charneco, Guillory, Holmes, Miller, Nguyen, Varnum
Nays: None
Action: APPROVED.
Why approve demolition without an acceptable plan to rebuild?
Good point, maybe they were concerned with the condition of the building and wanted to have it come down as quickly and safely as possible? I don't think it's in imminent danger of falling down, though, so yeah, a bit odd, and as has been said by many on here - tie a demo permit to an acceptable replacement for what's being demo-ed.
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You can't force someone to build.
But you can deny a design review application to tear something down while simultaneously proposing rebuilding something that doesn't meet design requirements.
Perhaps the UDC saw the writing on the wall for this building and knew it was in a state of disrepair with roof open that it would deteriorate quickly. Its also pretty obvious the current owners have zero plan or desire to mitigate the problem. Maybe they decided to go ahead and issue the demo permit instead of waiting a couple of more years while it fell apart only to revisit the issue 3 years later with the building in absolute shambles. I really don't know but this is the only thing i can think of off the top of my head.
I would rather the building just be saved. However IMO this is one of the few instances where this property being an empty lot for 5 years would be better than the proposed replacement structure being approved and built..
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