KTUL: Drillers moving downtown?

[Breadburner]

quote:Originally posted by Kenosha

You can thank Bill White for pimping his property to the highest bidder, Seayco for giving us a Wal-Mart instead of a baseball stadium, and Global Development partners for not having their financing in order for this...you can also thank the City of Jenks, who facilitated this project, which is being done by the same folks that brought you Bricktown.

Look, this may or may not be a done deal.  I would suspect the Drillers would at least wait until the River Vote takes place... but if these guys are going to build them a baseball park, why wouldn't they do it?  If you owned the team, what would you do?  They TRIED to come downtown...

quote:Billion-dollar Jenks development could lure Drillers from Tulsa


By STAFF REPORTS
8/20/2007  6:21 PM
Last Modified: 8/20/2007  6:27 PM

JENKS -- A group of local entrepreneurs has unveiled plans for $1 billion development that could include a new home for the Tulsa Drillers.

The River District would be largest mixed-use development in the state and would include 852,000 square feet of high-end retail shopping as well as restaurants, and a variety of entertainment venues.

The more-than-300 acre site will also include 650 hotel rooms and a small convention facility.

A spokesman for the Drillers said the team has signed a non-binding letter of intent to move into a new stadium planned for the development, which would be just south of the Oklahoma Aquarium.

The facility would include a 7000-seat ballpark, developers say.

Team officials and developers say they will continue discussions about the team's possible more in the coming weeks.

The privately financed project is expected to hit the $1 billion mark in total investment dollars and create more than 4,000 permanent jobs and 7,000 construction jobs over the next five years.

Bull$hit........

[USRufnex]

Leverage.......

[Kenosha]

quote:Originally posted by Breadburner

quote:Originally posted by Kenosha

You can thank Bill White for pimping his property to the highest bidder, Seayco for giving us a Wal-Mart instead of a baseball stadium, and Global Development partners for not having their financing in order for this...you can also thank the City of Jenks, who facilitated this project, which is being done by the same folks that brought you Bricktown.

Look, this may or may not be a done deal.  I would suspect the Drillers would at least wait until the River Vote takes place... but if these guys are going to build them a baseball park, why wouldn't they do it?  If you owned the team, what would you do?  They TRIED to come downtown...

quote:Billion-dollar Jenks development could lure Drillers from Tulsa


By STAFF REPORTS
8/20/2007  6:21 PM
Last Modified: 8/20/2007  6:27 PM

JENKS -- A group of local entrepreneurs has unveiled plans for $1 billion development that could include a new home for the Tulsa Drillers.

The River District would be largest mixed-use development in the state and would include 852,000 square feet of high-end retail shopping as well as restaurants, and a variety of entertainment venues.

The more-than-300 acre site will also include 650 hotel rooms and a small convention facility.

A spokesman for the Drillers said the team has signed a non-binding letter of intent to move into a new stadium planned for the development, which would be just south of the Oklahoma Aquarium.

The facility would include a 7000-seat ballpark, developers say.

Team officials and developers say they will continue discussions about the team's possible more in the coming weeks.

The privately financed project is expected to hit the $1 billion mark in total investment dollars and create more than 4,000 permanent jobs and 7,000 construction jobs over the next five years.

Bull$hit........

What's Bull$hit, breadburner?  That these Landbanking landowners could give less of a $hit what happens downtown?

Well, they should...they are going to watch their property values go down the DRAIN.

Jenks should think about the big picture.  6000 residents of Jenks. A BILLION dollar shopping center. They are going to get a new dam, paid for by 400,000 residents of the city of Tulsa...  They get all of their water from the City of Tulsa, they drive on our roads.  They need to look at the big picture...It does NO good for Jenks if Downtown continues to look like Beruit.  YOUNG People who visit tulsa, who will consider moving here, or staying here want a vibrant downtown, urban and sophisticated.  They don't give a **** about some suburban theme park.

[MichaelBates]

Take it for what it's worth, but a week ago at the Tulsa Press Club luncheon, Jim Norton of DTU said he was "80% certain" that the Drillers would be moving downtown, that Don Himelfarb was working with the Drillers, and that two or three or four locations (the number changed as Norton talked) had been identified, although he wouldn't disclose any of them.

[sgrizzle]

I don't like the idea of the drillers being in jenks, especially when suburbs keep hindering public river development. I also believe that jenks will mismanage this like they do with riverwalk.

Jenks income doubled and they won't even give riverwalk a stoplight? Check.

Ripped up peoria and put not even a single stopsign? Check.

Hopefully the "Tulsa" Drillers aren't dumb enough to just take the first offer.

[Breadburner]

Bull$hit that some nutsacks are going to spend a Billion dollars in Jenks......

[Rico]

quote:Originally posted by Kenosha

quote:Originally posted by Breadburner

quote:Originally posted by Kenosha

You can thank Bill White for pimping his property to the highest bidder, Seayco for giving us a Wal-Mart instead of a baseball stadium, and Global Development partners for not having their financing in order for this...you can also thank the City of Jenks, who facilitated this project, which is being done by the same folks that brought you Bricktown.

Look, this may or may not be a done deal.  I would suspect the Drillers would at least wait until the River Vote takes place... but if these guys are going to build them a baseball park, why wouldn't they do it?  If you owned the team, what would you do?  They TRIED to come downtown...

quote:Billion-dollar Jenks development could lure Drillers from Tulsa


By STAFF REPORTS
8/20/2007  6:21 PM
Last Modified: 8/20/2007  6:27 PM

JENKS -- A group of local entrepreneurs has unveiled plans for $1 billion development that could include a new home for the Tulsa Drillers.

The River District would be largest mixed-use development in the state and would include 852,000 square feet of high-end retail shopping as well as restaurants, and a variety of entertainment venues.

The more-than-300 acre site will also include 650 hotel rooms and a small convention facility.

A spokesman for the Drillers said the team has signed a non-binding letter of intent to move into a new stadium planned for the development, which would be just south of the Oklahoma Aquarium.

The facility would include a 7000-seat ballpark, developers say.

Team officials and developers say they will continue discussions about the team's possible more in the coming weeks.

The privately financed project is expected to hit the $1 billion mark in total investment dollars and create more than 4,000 permanent jobs and 7,000 construction jobs over the next five years.

Bull$hit........

What's Bull$hit, breadburner?  That these Landbanking landowners could give less of a $hit what happens downtown?

Well, they should...they are going to watch their property values go down the DRAIN.

Jenks should think about the big picture.  6000 residents of Jenks. A BILLION dollar shopping center. They are going to get a new dam, paid for by 400,000 residents of the city of Tulsa...  They get all of their water from the City of Tulsa, they drive on our roads.  They need to look at the big picture...It does NO good for Jenks if Downtown continues to look like Beruit.  YOUNG People who visit tulsa, who will consider moving here, or staying here want a vibrant downtown, urban and sophisticated.  They don't give a **** about some suburban theme park.

One question...?

What portion of these developers monies are going to be able to build the infrastructure, train the law enforcement, build a jail,increase the size of everything needed to house this sort of development...?

I go with Rufnex on this "leverage"...

[TheArtist]

The tax portion that Jenks will get I suppose.  I am really glad Jenks is moving along with its development. Glad someone is. If it keeps up, in around 15 years time that area of Jenks may become more urban than downtown Tulsa. Tall empty buildings and parking lots dont make an area urban.

When Jenks starts getting all hustle and bustle, perhaps we can start promoting Downtown Tulsa as a quiet, quaint, place to live and get away from it all. []

[aoxamaxoa]

LOI's most often have language which allows for wiggle.
Most are non-binding.
They serve as outlines for terms and conditions that may lead to enforceable contracts.

Jenks Jokers?
Jenks Jerks?
Jenks Jays?

Chuck c/b doing what's called shopping both sides of the street.

[TheArtist]

quote:Originally posted by Breadburner

Bull$hit that some nutsacks are going to spend a Billion dollars in Jenks......

Its the best location in the entire part of the state in my opinion. Booming suburbs and South Tulsa. The right demographic of younger people who spend money and people that have money to spend.  Right on the river. Near other attractions. Great visibility and road access. Just about everything around there is shiny and new. Large hunk of available property. Name a better location?

[bassfisher74133]

It's not the city of Jenks fault that the city of Tulsa cant get anything done with there 2025 money.  

By the way Jenks is still trying to get a theme park... Bells did not have the money to get what Jenks wanted done.

[brunoflipper]

"jaysus christ... jaysus christ... jaysus christ..."

"i got my eye on you..."

what the holy hell?... kick donkey, i'm so ****ing glad my taxes paid for an aquarium to be built down there only to have to pay more for admission as a "non-jenks resident" to go to the ****ing thing... and now they steal our baseball team, kick donkey indeed... somebody crapped the bed, and (this time) it wasn't me...

[Kenosha]

quote:Originally posted by TheArtist

quote:Originally posted by Breadburner

Bull$hit that some nutsacks are going to spend a Billion dollars in Jenks......

Its the best location in the entire part of the state in my opinion. Booming suburbs and South Tulsa. The right demographic of younger people who spend money and people that have money to spend.  Right on the river. Near other attractions. Great visibility and road access. Just about everything around there is shiny and new. Large hunk of available property. Name a better location?

Downtown Tulsa.

Cheap land. NO zoning restrictions. A happy public. A city to extort.

Sounds perfect to me.

[Wilbur]

quote:Originally posted by MichaelBates

Take it for what it's worth, but a week ago at the Tulsa Press Club luncheon, Jim Norton of DTU said he was "80% certain" that the Drillers would be moving downtown, that Don Himelfarb was working with the Drillers, and that two or three or four locations (the number changed as Norton talked) had been identified, although he wouldn't disclose any of them.

But does Jim Norton have any 'letter of intent' signed with the Drillers?  Jenks does.  Drillers appear to be confirming the letter of intent stories.

[Wilbur]

quote:Originally posted by Kenosha

I will say this: If Jenks ever wants to get anything from the City of Tulsa again in terms of supporting major capital improvements, such as, say, a Light Rail line from Downtown to Jenks, then they better back off.  Downtown Tulsa's continued suffering in no way helps Jenks.  Owasso gets this.  Jenks better get it, and get it FAST.

I say "Go Jenks!"  And it's funny.  They seem to be able to do all of this without raising sales taxes.  They have private developers with a vision willing to take a risk.  Not a bunch of old Tulsa cronies who can only suck at the ti! of government to line their pockets.

And it appears they can do all this whether there is water in the river or not.