old city hall... sell sell sell!

[custosnox]

On a related note, just saw a cox commercial featuring Macy Snyder and the Mayo

[sgrizzle]

On a related note, just saw a cox commercial featuring Macy Snyder and the Mayo

Saw that one. like it better than the ones they used to run with different people proclaiming:

"I love my parent's Cox... High Speed Internet!"

[SXSW]

Where is the old fire department headquarters they are speaking of?

Tulsa Opera is offering a land swap for the old FD headquarters.  They will move their offices, costume shop, and rehearsal space from 16th & Boulder to the vacant TFD HQ at 4th & Frankfort.



http://www.tulsaworld.com/news/article.aspx?subjectid=334&articleid=20100418_11_A17_Anarti117641

[fotd]

Tulsa Opera is offering a land swap for the old FD headquarters.  They will move their offices, costume shop, and rehearsal space from 16th & Boulder to the vacant TFD HQ at 4th & Frankfort.



http://www.tulsaworld.com/news/article.aspx?subjectid=334&articleid=20100418_11_A17_Anarti117641

Jeff Scott is a real estate broker. Nice guy. But the Opera should pay rent to a landlord in the Brady Franklin Arts District and they have no business buying property or trading property in this market. Of course, should they find a benefactor go for it. That industrial property isn't worth much. The city would be better to wait than take trade.

ONE OTHER THING! THE CITIES TRACK RECORD IN INDUSTRIAL PROPERTY OWNERSHIP/DEVELOPMENT IS A JOKE! STAY FAR THE HELL AWAY FROM THIS CRAP. (btw, is JS the listing broker on the Industrial land? If so, he'd gather a commission on the sale even if no money exchanged hands....hmmm)

[DowntownDan]

Are there any plans to do something with the car dealer/boat something or other monstrosity that sits across the street?  I'm not much for tearing down buildings, but I don't see much use for what is sitting there now.  If the Opera is going to pretty up the old fire department, it should be visible from Elgin and the rest of downtown instead of blocked by whatever that complex is across the street.  A well landscaped parking lot would probably be nicer than what's there now.

[Ihearttacos]

Are there any plans to do something with the car dealer/boat something or other monstrosity that sits across the street?  I'm not much for tearing down buildings, but I don't see much use for what is sitting there now.  If the Opera is going to pretty up the old fire department, it should be visible from Elgin and the rest of downtown instead of blocked by whatever that complex is across the street.  A well landscaped parking lot would probably be nicer than what's there now.

I think that the building across the street has some great potential since it's roof is already a parking lot, if you get a chance to go up you'd also see that there is what seems to be a driveable air bridge between that building and the building to the west.  The building is mostly glazed and doesn't seem to have much in the way of existing walls which is also a great for renovation!  A good investor would see that they have a built-in parking lot for an office or retail space, possibly even a great start for downtown apartments with some code changes.  I don't care for the storage of the rotting boats and cars but I think tearing it down would be a waste. 

[carltonplace]

According to the TW today, the city council is divided about whether to take the Snyder's $1,000,000.00 for the old city hall building.

http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20100422_11_A11_Ctonio455089

Are they nuts? it's already been empty for 3 years with annual maintenance and utilities estimated at 600k...if they wait 8 more years to sell it at market value then they could break even! Sold for 6.2M...total profit: $0

sell it now and start making $ales tax revenue in a few years.

[SXSW]

Especially since the buyers are a local group that already have successfully renovated another downtown building.  The Snyder family has strong Tulsa roots and deep pockets (Macy's dad John is President of Manhattan Construction).  They would be crazy not to accept their offer.  The potential is there to create a cool midcentury modern hotel adjacent to the convention center in a building the city is losing money on, seems like a no brainer to me..

[Conan71]

I want the Snyders to get the property just so they can stick it to the Carpenter's Union...again

[DTowner]

Downtown just isn't the same without some hired protesters.

On a related note, City Council is split on whether to accept the offer for the old City Hall.

http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20100422_11_A11_Ctonio455089

A window into geniuses at work.

[fotd]

We deserve having the council negotiate on our behalf instead of just accepting the first offer.

[PonderInc]

While the city council dithers, this sucker is costing us money. 

All previous interested parties wanted the city to raze the site at our own cost, before offering up a nice empty lot for new development.  I'm happy that a local developer with a proven track record has a creative idea for revitalizing this site.  I'm personally not a fan of the architecture, but I know that it qualifies for listing on the National Register.  Let's cut our losses and get out of the way! 

After three years, this is the market rate for this property.  If it weren't, there would be a bidding war going on right now.  I'm not seeing too many folks trampling each other to outbid the Snyder's offer.  That's a clue.

[Rico]

We deserve having the council negotiate on our behalf instead of just accepting the first offer.

It would also be nice; if one could come up with future parking arrangements for the Courthouse, Library, Detectives Bureau, etc., and all of the above during construction.

Maybe that is quite simple and I just don't see it.

[Oil Capital]

In mild defense of the city council, they have been told for some years now that the property would bring something in the neighborhood of $6.5 Million (just one of the many lies spun by the prior mayoral administration).  They have a bit of a duty to examine this very carefully before accepting an offer of approximately 15% of its supposed "value."

[fotd]

It would also be nice; if one could come up with future parking arrangements for the Courthouse, Library, Detectives Bureau, etc., and all of the above during construction.

Maybe that is quite simple and I just don't see it.

You know zilch about real estate transactions.....