New Hotel Proposed Across from Arena

[cannon_fodder]

Someone start a thread of projects that failed to develop in 2008 and lets get the rundown:

Naked Indian
Movie Production Studio
East End
River Parks West development
120 Lofts

etc.

[JoeMommaBlake]

Ok, so it's out there. I'll put a collection jar inside the front door of the restaurant and we'll start saving up to make it happen.

Who says TulsaNow can't get in the development game?

....one of these days. I just keep saying it. One of these days it's going to happen.

[Gaspar]

Don't give up.  It's still alive.

[Renaissance]

quote:Originally posted by Gaspar

Don't give up.  It's still alive.

Well, that's nice to know.  Keep us posted.

[Oil Capital]

http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20090116_11_A1_Thisae597559

[}:)]

Ask yourself this... if we have not been able to get a legitimate proposal for a hotel on a cleared block (the "TowerView" block), why would anyone think we'll have more success with a parcel that would require a huge investment just to get it ready for construction (demolition costs for the former city hall and the parking deck).

[joiei]

quote:Originally posted by Oil Capital

http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20090116_11_A1_Thisae597559

[}:)]

Ask yourself this... if we have not been able to get a legitimate proposal for a hotel on a cleared block (the "TowerView" block), why would anyone think we'll have more success with a parcel that would require a huge investment just to get it ready for construction (demolition costs for the former city hall and the parking deck).

Are they offering demolition or are they offering renovation to what is there already?

[sgrizzle]

quote:Originally posted by Oil Capital

http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20090116_11_A1_Thisae597559

[}:)]

Ask yourself this... if we have not been able to get a legitimate proposal for a hotel on a cleared block (the "TowerView" block), why would anyone think we'll have more success with a parcel that would require a huge investment just to get it ready for construction (demolition costs for the former city hall and the parking deck).

The city hall block would allow direct connection to the convention center. They are also believing the tenant for this spot would have their own private convention space as well to complement the city space. (ie. breakout sessions and meals in the hotel and general sessions in the Tulsa Conv Center)

[perspicuity85]

I understand that a convention hotel is complementary to the convention center and BOk Center, but should the city be issuing RFPs for a hotel alone?  It would seem that the site might be more marketable if it were not designated for one use alone.  Perhaps the city could consider other types of development as well-- such as mixed use hotel/office/retail?  In my opinion, the biggest void downtown is in the retail sector.  Does anyone know if the site is big enough to accommodate more than just a single hotel?

[sgrizzle]

It's plenty big, but retail will not want a place with almost no storefront. They will be more interested in the federal building or library when they become available.

Hotels include retail of some sort anyway. There are 3-4 businesses in crowne plaza for example.

[cannon_fodder]

450-500 parking spaces are claimed in that article.  Other than courthouse parking and ground level parking... is there a magic 3rd tier I am not aware of?  Otherwise, 500 spaces would consume a huge portion of what is available there.

I've never just wondered around the lower parking levels (restricted areas, us lowly attorneys only have a small slice) so correct my ignorance if that be the case.

[Oil Capital]

quote:Originally posted by sgrizzle

quote:Originally posted by Oil Capital

http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20090116_11_A1_Thisae597559

[}:)]

Ask yourself this... if we have not been able to get a legitimate proposal for a hotel on a cleared block (the "TowerView" block), why would anyone think we'll have more success with a parcel that would require a huge investment just to get it ready for construction (demolition costs for the former city hall and the parking deck).

The city hall block would allow direct connection to the convention center. They are also believing the tenant for this spot would have their own private convention space as well to complement the city space. (ie. breakout sessions and meals in the hotel and general sessions in the Tulsa Conv Center)

Understood.  Problem is, we already have a hotel that completely matches that description (the Doubletree) and it is struggling.

Another thought on PJ's article in the Whirled.  It's fundamentally dishonest.  It tells us that the marketing of the site has just now begun, when, in fact, Jones Lange LaSalle has been marketing it for many months.

[Oil Capital]

quote:Originally posted by joiei

quote:Originally posted by Oil Capital

http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20090116_11_A1_Thisae597559

[}:)]

Ask yourself this... if we have not been able to get a legitimate proposal for a hotel on a cleared block (the "TowerView" block), why would anyone think we'll have more success with a parcel that would require a huge investment just to get it ready for construction (demolition costs for the former city hall and the parking deck).

Are they offering demolition or are they offering renovation to what is there already?

The city is offering the site and building "as is", meaning, you get it with the building on it... if you don't want the building, the demolition is on your dime; if you want it renovated, the renovation is on your dime.

[Oil Capital]

quote:Originally posted by cannon_fodder

450-500 parking spaces are claimed in that article.  Other than courthouse parking and ground level parking... is there a magic 3rd tier I am not aware of?  Otherwise, 500 spaces would consume a huge portion of what is available there.

I've never just wondered around the lower parking levels (restricted areas, us lowly attorneys only have a small slice) so correct my ignorance if that be the case.

Yeah, I think they are counting the entire parking structure.

[joiei]

quote:Originally posted by Oil Capital

quote:Originally posted by joiei

quote:Originally posted by Oil Capital

http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20090116_11_A1_Thisae597559

[}:)]

Ask yourself this... if we have not been able to get a legitimate proposal for a hotel on a cleared block (the "TowerView" block), why would anyone think we'll have more success with a parcel that would require a huge investment just to get it ready for construction (demolition costs for the former city hall and the parking deck).

Are they offering demolition or are they offering renovation to what is there already?

The city is offering the site and building "as is", meaning, you get it with the building on it... if you don't want the building, the demolition is on your dime; if you want it renovated, the renovation is on your dime.

Thanks for the clarification.  I appreciate the information.

[TheTed]

Would anyone really build a hotel there? I just can't imagine a hotel surrounded by government buildings. That and the fact that it requires significant demolition and reconfiguration of the surrounding area.