Downtown development recap

[Cats Cats Cats]

Thats a pretty good idea.  The city gets the same amount of money for 6 years and they have incentive to do the improvements.  Which will result in more revenue in 6 years.

[AdamsHall]

This morning it looked like construction fencing was going up on N.E. corner lot at 1st & Greenwood.  Which project is that supposed to be?

[sgrizzle]

This morning it looked like construction fencing was going up on N.E. corner lot at 1st & Greenwood.  Which project is that supposed to be?

Hogan Assessments HQ
http://www.tulsanow.org/forum/index.php?topic=20096.0
http://www.tulsaworld.com/archives/firm-offers-million-for-downtown-lot/article_4ecc545a-dd51-5428-b876-bb8f17900935.html

Pics here:
http://www.selserschaefer.com/our-work/office/hogan-assessments/

[TheArtist]

Several nice design elements.  Like how they have the brick on the Greenwood facing side to honor that context, and like the glass to allow a sense of interest on the other street side.

However have a few concerns.

1.  Not any awnings to protect pedestrians from sun or rain on brick side.

2.  Curious as to why the choice for having plantings right next to the building especially on the brick side.  Narrow strip will forever be in need of keep up during all seasons (cigarette butts pulled out of it, dead plants replaced, etc., and will likely look ratty in time.  Perhaps it's the architects attempt to add interest to a rather boring street side presence rendering leaving the client with a bother over time.  Plus it negates the prospect of adding an awning on that side for pedestrians, at least until the planting area is filled in with gravel or cement.

3.  Looks like most of the employees and guests will enter from the back thus again negating the addition of more lively street life to the area.  Guess they wouldn't even want the employees and guests to have to walk past that pedestrian unfriendly wall to an entrance?

[SXSW]

The vacant brick building on the other corner would make a great restaurant space adding more people to the area with a covered patio at the corner.  Once phase 2 of GreenArch across the tracks and the Brickhugger project at the southeast corner are built it will feel like a whole new area.

[saintnicster]

The metal building on the SE corner of Elgin and Archer was torn down this morning.  I think that was the Thorco building?

[swake]

The metal building on the SE corner of Elgin and Archer was torn down this morning.  I think that was the Thorco building?

That's good news:


http://www.fox23.com/news/news/breaking-news/new-hotel-planned-for-downtown-tulsa/ndmMj/

[saintnicster]

That's good news:

http://www.fox23.com/news/news/breaking-news/new-hotel-planned-for-downtown-tulsa/ndmMj/

No, that's Detroit and Archer, not Elgin and Archer. Different block, right across the street from OneOK field's Oil Derrick entrance.

[Townsend]

No, that's Detroit and Archer, not Elgin and Archer. Different block, right across the street from OneOK field's Oil Derrick entrance.

This?

https://www.google.com/maps/@36.158968,-95.988424,3a,75y,110.77h,78.71t/data=!3m5!1e1!3m3!1swRKyybqNKl74NhPeX-DzXQ!2e0!5s2011-07

[Townsend]

That's good news:


http://www.fox23.com/news/news/breaking-news/new-hotel-planned-for-downtown-tulsa/ndmMj/

The hotel's going across from New Medio

[saintnicster]

This?

https://www.google.com/maps/@36.158968,-95.988424,3a,75y,110.77h,78.71t/data=!3m5!1e1!3m3!1swRKyybqNKl74NhPeX-DzXQ!2e0!5s2011-07

Yep

[swake]

So what is going in on that block, anyone know?

[DowntownDan]

The old tire shop building where the new Holiday Inn is going still stands.  I didn't even know there were plans for the building on Elgin.  It's a great location.  It seems just last season you could hear activity going on in that building.  Are there any plans for that spot?  There are still so many undeveloped buildings and lots around the stadium.  Would be nice to see an influx of construction in that area.

[SXSW]

Surrounding the stadium with buildings on the south and west sides would make an already cool atmosphere in there even better.  ONEOK is such a great minor league ballpark, having a couple more restaurants and some shops around it would be awesome.

[brettakins]

TULSA, Oklahoma -

The list of downtown development projects in Tulsa continues to grow. The city council just gave tax breaks to four major property rehabs in the heart of the city.

The 80,000 square feet of what used to be the Bill White Chevrolet building, is just one of the four buildings benefiting from the tax breaks. The developers have big plans for the place, and the council is doing what it can to help grow downtown.

It may not look like much now, but it sits in the shadow of Tulsa's skyline, and the block is about to undergo a complete renovation.

The Larson Group is planning 83 apartments and two commercial spaces in the area known to many as the East Village.

Economic Development Coordinator, Jim Coles, said, "It is really the last great open space where there is still quite a bit of property and land that hasn't been developed yet."

The city council recently approved tax deals for the project along with three others.

The former Adams Hotel on Cheyenne will soon hold almost 60 new apartments. The former TransOk building on Sixth Street will see 37 apartments and one building on Fifth Street will have 90 new tenants when completed.

"The more people we have downtown the more we will see grocery stores drug stores to make it more of a neighborhood and more," Coles said.

Tax discounts have been available to Tulsa developers since the early 90s but since then the city said it has only seen seven applications; eleven total, after these four popped up in the last year.

"It's fun looking out a window seeing people walking dogs and pushing strollers and five or six years ago you didn't see that," Delise Tomlinson said.

Here's how it works; for the first six years, developers only have to pay taxes on the pre-renovation value of their property.

"They end up being rehabilitated and become income producing properties and the value of the property goes up and the ones near them do as well its fantastic," Tomlinson said.

One of the projects is expected to house five restaurants and approximately 35,000 square feet of commercial/retail space. It has a tentative finish date of December 2014.

The first round of apartments downtown are rather pricey and pretty spacious, but the city said developers of many of the projects realize there is a need for cheaper and smaller spaces.

They say many potential renters aren't interested in staying inside because there is so much to do and experience downtown.

http://www.newson6.com/story/25960738/developers-take-advantage-of-tax-breaks-continue-downtown-growth