Palace Clothing Building/Old Arby's

[carltonplace]

Anyone know if this building is safe now?

[saintnicster]

http://www.tulsafrontier.com/tulsa-world-plans-apartments-in-former-arbys-building/

Tulsa World plans apartments in former Arby’s building

Plans are in the works to turn the old Arby's building on the corner of Fourth and Main streets into a mixed-use development that would include 58 apartments, records show. The 70,000-square-foot structure is owned by World Media Enterprises, owner of the Tulsa World newspaper. The project would include 43 one-bedroom apartments and 15 two-bedroom apartments. At least 20 percent of the apartments would be reserved for low-income residents.

The apartments will be built on floors two through nine and range from 500 square feet to 1,000 square feet, records show.
The project also calls for constructing a 6,600-square-foot building above the Tulsa World’s guest parking lot directly west of the Arby’s building. The facility would be used to house newsprint.
Tulsa County commissioners on Tuesday approved six-year tax property abatements for the projects. The tax abatements take effect Jan. 1 of the first calendar year following the completion of the building renovation.
Under the tax-abatement program, taxing entities — such as Tulsa Public Schools, the Tulsa City-County Library system and Tulsa County — that would typically receive tax revenue from a property are asked to forego that revenue for the life of the abatement.
The abatements are expected to amount to $1.2 million over the six years, according to the project plan presented to taxing entities.
The projects are estimated to cost a total of approximately $13.5 million. World Media Enterprises will fund about $7.3 million of the work, with tax credits accounting for the rest.
The tax abatements approved by commissioners Monday pertain only to the increase in the value of the properties after improvements are made. BH Media will still pay property taxes on the value of the property at the time renovations begin.
The building’s fair market value is listed at $500,000, according to Tulsa County Assessor’s records.
The Excalibur Building, as it has been commonly known, was built in 1917.
The building formerly housed an Arby’s restaurant, that has since moved to another downtown location. For years the building was home to Palace Clothiers.
The Tulsa World reported in 2012 that an earthquake “likely caused the structural damage” that led to the closure of the building in 2011.
The engineer’s report stated that the most serious damage from the earthquake “was to the supporting columns in the Excalibur Building’s basement,” the World reported.
The engineer who wrote the report, William Dashiell of Norfolk, Va., told the World that the damage needed to be dealt with in a timely fashion. The engineer was hired to examine the building after exterior masonry and precast concrete fell from the building, according to the World.

[SXSW]

Wish they could've done this with the Goff building they demo'd at 4th & Boulder in 2004...

[sgrizzle]

Wish they could've done this with the Goff building they demo'd at 4th & Boulder in 2004...

They didn't need that space, which is why they tore it down and are now putting a new building in it's place because they need the space.

How is no-one screaming from the rooftops about how they kicked Arby's out because their HVAC guy thought it was the only building in Green Country with earthquake damage but now suddenly is A-OK?

[SXSW]

They didn't need that space, which is why they tore it down and are now putting a new building in it's place because they need the space.

How is no-one screaming from the rooftops about how they kicked Arby's out because their HVAC guy thought it was the only building in Green Country with earthquake damage but now suddenly is A-OK?

The TW is building on its lot at 4th & Boulder?

[Dspike]

"The project also calls for constructing a 6,600-square-foot building above the Tulsa World's guest parking lot directly west of the Arby's building. The facility would be used to house newsprint."

[Tulsasaurus Rex]

Wish they could've done this with the Goff building they demo'd at 4th & Boulder in 2004...

What building was that? Do you have a picture?

[sgrizzle]

What building was that? Do you have a picture?

http://en.wikipedia.org/wiki/Skelly_Oil#/media/File:Skelly_Building,_Tulsa._OK.jpg

[Breadburner]

It will be all low income before its over with......

[swake]

They didn't need that space, which is why they tore it down and are now putting a new building in it's place because they need the space.

How is no-one screaming from the rooftops about how they kicked Arby's out because their HVAC guy thought it was the only building in Green Country with earthquake damage but now suddenly is A-OK?

Different ownership.

[DTowner]

Other than Arby's, were there any other tenants in this building when it was closed?  Did anyone ever really believe the earthquake damage story?

All-in-all, this is great news on many fronts - converting an empty/unused building to housing; adding some low-income housing downtown; adding to the number of people living along Main St; and building on a surface parking lot.

[sgrizzle]

Different ownership.

The site running the story, The Frontier, is run by the Lortons.

[patric]

Other than Arby's, were there any other tenants in this building when it was closed?  Did anyone ever really believe the earthquake damage story?

The engineer's report stated that the most serious damage from the earthquake "was to the supporting columns in the Excalibur Building's basement"

Since its apparently a common basement shared with the Whirled, they were kinda sticking their neck out.

[sgrizzle]

The engineer's report stated that the most serious damage from the earthquake "was to the supporting columns in the Excalibur Building's basement"

Since its apparently a common basement shared with the Whirled, they were kinda sticking their neck out.

I'm sure the structural issues only caused issues for beef-based retail establishments

[carltonplace]

I'm sure the structural issues only caused issues for beef-based retail establishments

Are you certain that's beef?