Camelot Conundrum

[AMP]

Camelot was better than the best.  

It actually had people that spent money in it.  

Was one of if not the busiest Hotels in the area.

Something that has not been seen in Tulsa in a few decades. This was BC time. Before Casinos.

[pmcalk]

Wasn't it also in one of those Matt Dillon/SE Hinton movies?  I am thinking Tex.

We should have stronger laws that force owners to maintain structures at least a bit.  At least replace the broken windows.

[sgrizzle]

Whenever I see a teenager who just wrecked the car his parent's bought him, I think they should have a law that if you're too stupid to own something, you shouldn't be allowed to own it. Similar arguments could be made for parenting and home ownership.

At minimum, doing nothing should be a fine-able offense, with a large enough fine that it outweighs any potential future profit from rising property values.

[azbadpuppy]

quote:Originally posted by pmcalk

Wasn't it also in one of those Matt Dillon/SE Hinton movies?  I am thinking Tex.

We should have stronger laws that force owners to maintain structures at least a bit.  At least replace the broken windows.

Yep, it was Tex- Matt Dillon makes a phone call from a pay phone across the street.

[azbadpuppy]

Interesting article on the Camelot's history:

http://www.rickross.com/reference/tm/tm120.html

[dsjeffries]

quote:Originally posted by aoxamaxoa

DScooter...if it were apathy or we did not care then we would not be posting here....

The Camelot can't be rejuvenated. Recall, the days of romance created it. Those days are history. We live in a different world today.

BTW, they want $5 million.....

To the contrary, this discussion is really just an outlet for the apathy and general dislike for the property.  

Does it matter that it was created in an era that is no longer here?  Why does that make it less valuable instead of more?  Your statement is a perfect example of the mindset of most other Tulsans.  Instead of treasuring the past, it's just lightly tossed aside for great strip-mall developments and wonderful surface parking.  It shouldn't be this way.

And, btw, they aren't asking for $5 million, as the woman from Maharishi Global (the owner) showed me yesterday, but much closer to what I quoted:  Asking price: $3,500,000.
(Source)

[sgrizzle]

The Mayo was purchased for $250,000.

The camelot is not worth over 10x that.

[tulsa1603]

quote:Originally posted by DScott28604

quote:Originally posted by aoxamaxoa

DScooter...if it were apathy or we did not care then we would not be posting here....

The Camelot can't be rejuvenated. Recall, the days of romance created it. Those days are history. We live in a different world today.

BTW, they want $5 million.....

To the contrary, this discussion is really just an outlet for the apathy and general dislike for the property.  

Does it matter that it was created in an era that is no longer here?  Why does that make it less valuable instead of more?  Your statement is a perfect example of the mindset of most other Tulsans.  Instead of treasuring the past, it's just lightly tossed aside for great strip-mall developments and wonderful surface parking.  It shouldn't be this way.

And, btw, they aren't asking for $5 million, as the woman from Maharishi Global (the owner) showed me yesterday, but much closer to what I quoted:  Asking price: $3,500,000.
(Source)

Why are you so hostile?  

Yes, a lot of history has happened at this hotel....and in 40 years, people will look at that tacky Renaissance hotel at 71st and say "Wow, think of all the history that's happened here..." because history is bound to happen there one way or another because it's a major hotel in the busiest part of town.  I think the debate on this forum is about "Why hasn't something happened with this building, and if something isn't going to happen, can we please put it out of it's misery."  As it stands, it's a blight on that part of the city, not an asset.  It's not a matter of apathy at all.

[azbadpuppy]

quote:Originally posted by DScott28604

quote:Originally posted by aoxamaxoa

DScooter...if it were apathy or we did not care then we would not be posting here....

The Camelot can't be rejuvenated. Recall, the days of romance created it. Those days are history. We live in a different world today.

BTW, they want $5 million.....

To the contrary, this discussion is really just an outlet for the apathy and general dislike for the property.  

Does it matter that it was created in an era that is no longer here?  Why does that make it less valuable instead of more?  Your statement is a perfect example of the mindset of most other Tulsans.  Instead of treasuring the past, it's just lightly tossed aside for great strip-mall developments and wonderful surface parking.  It shouldn't be this way.

And, btw, they aren't asking for $5 million, as the woman from Maharishi Global (the owner) showed me yesterday, but much closer to what I quoted:  Asking price: $3,500,000.
(Source)

The point is, it would cost far more money to restore that thing than to just knock it down and build something else, and since it is of no historic or architectural relevance you would be hard pressed to find anyone interested in preservation.

It is a shame that it was let go the way it was, but it happened and unfortunately the building is too far gone to now do anything but knock it down. If anything the currect owners are to blame for letting it get to the state its in.

[aoxamaxoa]

quote:Originally posted by DScott28604

quote:Originally posted by aoxamaxoa

DScooter...if it were apathy or we did not care then we would not be posting here....

The Camelot can't be rejuvenated. Recall, the days of romance created it. Those days are history. We live in a different world today.

BTW, they want $5 million.....

To the contrary, this discussion is really just an outlet for the apathy and general dislike for the property.  

Does it matter that it was created in an era that is no longer here?  Why does that make it less valuable instead of more?  Your statement is a perfect example of the mindset of most other Tulsans.  Instead of treasuring the past, it's just lightly tossed aside for great strip-mall developments and wonderful surface parking.  It shouldn't be this way.

And, btw, they aren't asking for $5 million, as the woman from Maharishi Global (the owner) showed me yesterday, but much closer to what I quoted:  Asking price: $3,500,000.
(Source)

Well then they came down on the price. I would guess the cost of abatement is the diff...

[Rowdy]

I saw a few very old run-down pics of the Camelot posted here awhile back.  Are there any more pics of the Camelot in its hey-day?

[YoungTulsan]

Seems like the only logical end is the city knocking it down and doing the asbestos removal.

What about the historic chicken restraunt?  Any complaints about removing it?

[perspicuity85]

quote:Originally posted by TheArtist

  Its not as though the place could be updated to look attractive to modern standards so it would almost have to be retro.

There are many people who would agree that retro is attractive to modern standards, i.e. postmodernism...

[perspicuity85]

quote:Originally posted by bacjz00

"...nothing will happen with these structures until the property they are sitting on becomes more valuable"

This is the saddest thing I think I've heard when it comes to Tulsa.  There are probably hundreds of buildings around town that this mantra applies to.  Since property values in Tulsa do nothing but stagnate, there are very few private developers that want to INVEST in building here.  I really can't blame them.  No wonder we need public tax dollars for just about everything we want to do as a city.  I'm getting ill...

Actually, property values in Tulsa are currently holding their value much better than most traditional boom markets such as the west coast.  Property values in California and Arizona have actually been decreasing in many instances in the past year.  Home values in the Tulsa metro area have increased quite a bit in the past 5-7 years.  This being said, the Camelot is priced too high at $3.5 million.  No one will pay that much for it.  The Peace Palace people will eventually either have to come down on their price or renovate the building- the latter of which is likely far more expensive.  The most likely thing to happen is for the current owner to tear the building down themselves.  The lot could be quite valuable being right next to I-44 and so close to Brookside.  I personally would love to see someone with a few extra bucks on hand renovate the hotel into a retro-themed condo/office project with retail on the ground floor.  Unfortunately, that's probably very wishful thinking because that would require Tulsa to suddenly gain citizens with foresight, optimism, and a desire to preserve history.

[Rowdy]

Overheard an interesting conversation today concerning the Camelot.  Someone told the group that the reason the Camelot sits like it does without any redevelopment is due to the fact it sits on a giant sinkhole.

[B)]