$38 million development being proposed across from BOK Center

[brianh]

5th picture down, that little patio area several floors up in the hotel that has trees on it.  That would probably be a really popular area for parties downtown.

[AVERAGE JOE]

I knew I'd seen that rendering somewhere before. This is the Heavenly Hospitality project, recycled from 2006. Which is not necessarily a bad thing. Anyone know how this group came into ownership of these plans/renderings? Bought the concept? This group is proposing a Hilton instead of a Westin.

[DowntownNow]

Wow Average, you're right...good memory.  Minus a few floors on the hotel portion of the rendering, thats it exactly.

[TheArtist]

I knew I'd seen that rendering somewhere before. This is the Heavenly Hospitality project, recycled from 2006. Which is not necessarily a bad thing. Anyone know how this group came into ownership of these plans/renderings? Bought the concept? This group is proposing a Hilton instead of a Westin.

I noticed that too, except for the hotel being smaller. If you look at the birds eye view of the new one, you can see how the hotel slants too far down to the north, as if its leaning, from when they cropped off the top of the old version and moved it down without changing the perspective. 

[cannon_fodder]

The images are the same, but details in the concept seem to be different.  But DAMN good catch.

The authority began soliciting proposals in June for the 58,000-square-foot site, on Denver Avenue between Second and Third streets. It is asking for the fair market value of nearly $1.6 million.

So the price tag is back to where it was .

And I still like the project.

[YoungTulsan]

I knew I'd seen that rendering somewhere before. This is the Heavenly Hospitality project, recycled from 2006. Which is not necessarily a bad thing. Anyone know how this group came into ownership of these plans/renderings? Bought the concept? This group is proposing a Hilton instead of a Westin.

RecycleMichael will be extremely pleased!  Actually, he was the one telling us a nice big development plan was about to be put forth, so maybe he had a personal hand in making sure the project used recycled development plans instead of wasting the huge carbon footprint of developing a new one

Only teasing..

But for real, as far as the price of the real estate, possibly selling for less than was offered a year ago, I don't really give a damn.  At this point, I'd rather just see the development actually start.   Take a loss, I don't care, just get something started.

[Renaissance]

I knew I'd seen that rendering somewhere before. This is the Heavenly Hospitality project, recycled from 2006. Which is not necessarily a bad thing. Anyone know how this group came into ownership of these plans/renderings? Bought the concept? This group is proposing a Hilton instead of a Westin.

Very impressive. 

[RecycleMichael]

RecycleMichael will be extremely pleased! 

But for real, as far as the price of the real estate, possibly selling for less than was offered a year ago, I don't really give a damn.  At this point, I'd rather just see the development actually start.   Take a loss, I don't care, just get something started.

$1.5 million offer in 2009 versus $1.6 million offer in 2006 from two different prospects.

Sounds like the fair market value to me.

[swake]

$1.5 million offer in 2009 versus $1.6 million offer in 2006 from two different prospects.

Sounds like the fair market value to me.

Not to mention the economy has crashed since then.

[custosnox]

looks like it's been approved
http://www.kjrh.com/news/local/story/TDA-approves-downtown-development-plan/Zc_gA88YIkCZo6TjCRKzog.cspx

A downtown development proposal won approval from the Tulsa Development Authority Thursday morning.

Bob Eggleston, the former construction director for the BOK Center, is proposing a $ 38-million development which would include a hotel, residences, retail space and entertainment venues to be built just across Denver from the BOK Center.

The "One Place" development proposal calls for a 120-room Hilton "urban" hotel, a hotel restaurant, residential flats and lofts and potentially an underground parking structure.

There could also be a bookstore, a coffee shop, maybe a sports-theme restaurant and a courtyard that could be converted into a skating rink in the winter.

Eggleston says the goal is to keep people in the downtown area before and even after events are over.

Already some local and national restaurants and businesses have expressed interest to be a part of the space.

[Townsend]

looks like it's been approved
http://www.kjrh.com/news/local/story/TDA-approves-downtown-development-plan/Zc_gA88YIkCZo6TjCRKzog.cspx

I hope hope hope it turns out the way it sounds.

The "potentially an underground parking structure" sounds like more surface parking to me.   I'd love to be wrong.

[RecycleMichael]

Not completely approved. They have agreed to a 21 day negotiating period.

Sometimes things go bad with TDA. I don't expect this one to, but history says otherwise.

Please TDA...negotiate in good faith.

[Hoss]

I hope hope hope it turns out the way it sounds.

The "potentially an underground parking structure" sounds like more surface parking to me.   I'd love to be wrong.

That square block is too small to make any kind of surface parking a viable alternative to the development.  As it stands right now there are barely two-hundred parking spaces in that lot, if that.

It will be interesting for sure.  The lot slopes downhill at what I would say is about a 6 percent grade from east to west (downhill toward the arena).  Will make for an interesting looking complex.

[Renaissance]

Not completely approved. They have agreed to a 21 day negotiating period.

Sometimes things go bad with TDA. I don't expect this one to, but history says otherwise.

Please TDA...negotiate in good faith.

Don't want to get all tin-foil-hat here, but I'm concerned about pressure from the mayor's office re: stifling hotel competition adjacent to the Old City Hall site.  We all know that bringing in a hotel development to that block is a pet project of the mayor's office.  And we've seen them push TDA around before. 

[TheArtist]

 Naaa, imo I think she would want this to go through. It could actually only help get something on the old city hall site. This hotel is quite small and from what I recall, "statistically" we still need a lot more if we are going to be competitive in the convention market. We could still use that big, new, flashy, tall hotel type development. This is just another small one added to the Mayo and Atlas Life Hotel options. Plus this development upgrades the desirability of the entire area making it all the more attractive and marketable for whoever would consider the old city hall site. My theory anyway lol