Development Advisor Chosen

[carltonplace]

From the Tulsa World







By P.J. LASSEK World Staff Writer
11/5/2007


It's negotiating a contract with the firm, which would help craft a redevelopment plan.


The city has chosen one of Fortune magazine's 100 Best Companies in 2007 as a consultant to help guide it through a redevelopment process for land it owns in and near downtown.

Jones Lang LaSalle, an international real estate firm in Chicago, is in negotiations with the city on a contract fee structure, Economic Development Director Don Himelfarb said.

If an agreement is reached, Mayor Kathy Taylor is expected to enter into a one-year contract, with an option to extend it.

The firm is one of four from which the city sought consultant proposals.

The city wants a consultant to help it create an overall plan for the redevelopment of five sites in and around downtown to ensure the best use of those sites.

The parcels are:

The 22-acre Evans-Fintube site north of Archer Street between OSU-Tulsa and U.S. 75.

Nearly 11 acres in the downtown East Village area.

About 1.3 acres east of the BOK Center between Second and Third streets and Cheyenne and Denver avenues

The current 2.6-acre City Hall site, which includes part of the Civic Center Plaza

A 31-acre site on the west bank of the Arkansas River at 23rd Street and Jackson Avenue.

Himelfarb said the contract would include a fixed fee for the initial work by the firm and a payment based on successful marketing of any of those sites to a developer.

He said the city hopes to have a contract signed and the firm at work by the end of this month.

Himelfarb said he thought initial attention should be given to City Hall and the site across from the BOK Center "because they're the most timely with the arena opening in the fall of 2008."

"But, who knows, the consultant may send a team in here and jump on all five sites at once," he said.

The good news is that personnel from the firm have been to Tulsa, he said.

"They've toured it and they've talked to us. So, it is not like they are coming into Tulsa for the first time," he said.

The city needs a plan in which future development is integrated into what already exists, Himelfarb said.

"It's about having development complementary of each other rather than being built in isolation, which is the history of this city," he said.

"That is why you hire one consultant to look at everything. They then create a mosaic so when you step back from the canvas you see how it all should look," he said.

[sgrizzle]

Well their resume and site is impressive enough..

http://www.us.am.joneslanglasalle.com/en-US/

[Wilbur]

quote: The current 2.6-acre City Hall site, which includes part of the Civic Center Plaza

You notice not all of the site is up for consideration.  Police/Courts not moving, which would make the site less desirable.  Will citizens be hit up for another new building in the future someplace downtown for police/courts?

[Conan71]

It still bothers me that our city government continues to contract with companies located outside our MSA for studies, engineering, and architecture.

[brunoflipper]

you don't go with local guys because they're "locals" when you're doing a project of this scale... you go national/international...  these guys are the real deal when it comes to "master planning"...

[Conan71]

Kind of amazing though that behind police & fire, planning is the third or fourth largest segment of the COT payroll.  Just one of those things I guess I don't understand well enough.

[perspicuity85]

quote:Originally posted by Conan71

Kind of amazing though that behind police & fire, planning is the third or fourth largest segment of the COT payroll.  Just one of those things I guess I don't understand well enough.

I think it's pretty obvious that the local planners have dropped the ball.  If it were up to me, we would just outsource all city planning.  If we want to compete with other cities in the US, we have to think beyond the 918, if you know what I mean...

[rwarn17588]

If you go local, your chances of conflict-of-interest go through the roof, too.

[RecycleMichael]

quote:Originally posted by Conan71

Kind of amazing though that behind police & fire, planning is the third or fourth largest segment of the COT payroll.  Just one of those things I guess I don't understand well enough.

No...that isn't correct.

There are 28 different work groups in the city of Tulsa.

The most employees are in public works, followed by police, then fire, housing, IT, transit and airport.

The planning department is 16th biggest in size.

[FOTD]

http://globaleconomicanalysis.blogspot.c...

Just what the banks and citizens need.

The debt bubble is not just sub prime.

Commercial Real Estate nightmare....

The city has abandoned capitalism.....

[BKDotCom]

quote:Originally posted by FOTD

http://globaleconomicanalysis.blogspot.c...

Just what the banks and citizens need.

The debt bubble is not just sub prime.

Commercial Real Estate nightmare....

The city has abandoned capitalism.....

¿inteller's twin brother?

[Breadburner]

quote:Originally posted by BKDotCom

quote:Originally posted by FOTD

http://globaleconomicanalysis.blogspot.c...

Just what the banks and citizens need.

The debt bubble is not just sub prime.

Commercial Real Estate nightmare....

The city has abandoned capitalism.....

¿inteller's twin brother?

Nope that would be none other than Axoaxao....

[Conan71]

Okay, you guys whupped me, I've failed my city civics lesson for the day...[]

[inteller]

quote:Originally posted by FOTD

http://globaleconomicanalysis.blogspot.c...

Just what the banks and citizens need.

The debt bubble is not just sub prime.

Commercial Real Estate nightmare....

The city has abandoned capitalism.....

haha, we don't just keep 2 sets of books, we keep THREE sets of books!

Enron was just a little baby compared to the hurt that is fixing to be dealt from these crooks.

the world needs an epidemic, bad.

[booWorld]

quote:Originally posted by carltonplace

From the Tulsa World







By P.J. LASSEK World Staff Writer
11/5/2007


It's negotiating a contract with the firm, which would help craft a redevelopment plan.


The city has chosen one of Fortune magazine's 100 Best Companies in 2007 as a consultant to help guide it through a redevelopment process for land it owns in and near downtown.

Jones Lang LaSalle, an international real estate firm in Chicago, is in negotiations with the city on a contract fee structure, Economic Development Director Don Himelfarb said.

If an agreement is reached, Mayor Kathy Taylor is expected to enter into a one-year contract, with an option to extend it.

The firm is one of four from which the city sought consultant proposals.

The city wants a consultant to help it create an overall plan for the redevelopment of five sites in and around downtown to ensure the best use of those sites.

The parcels are:

The 22-acre Evans-Fintube site north of Archer Street between OSU-Tulsa and U.S. 75.

Nearly 11 acres in the downtown East Village area.

About 1.3 acres east of the BOK Center between Second and Third streets and Cheyenne and Denver avenues

The current 2.6-acre City Hall site, which includes part of the Civic Center Plaza

A 31-acre site on the west bank of the Arkansas River at 23rd Street and Jackson Avenue.

Himelfarb said the contract would include a fixed fee for the initial work by the firm and a payment based on successful marketing of any of those sites to a developer.

He said the city hopes to have a contract signed and the firm at work by the end of this month.

Himelfarb said he thought initial attention should be given to City Hall and the site across from the BOK Center "because they're the most timely with the arena opening in the fall of 2008."

"But, who knows, the consultant may send a team in here and jump on all five sites at once," he said.

The good news is that personnel from the firm have been to Tulsa, he said.

"They've toured it and they've talked to us. So, it is not like they are coming into Tulsa for the first time," he said.

The city needs a plan in which future development is integrated into what already exists, Himelfarb said.

"It's about having development complementary of each other rather than being built in isolation, which is the history of this city," he said.

"That is why you hire one consultant to look at everything. They then create a mosaic so when you step back from the canvas you see how it all should look," he said.

The Tulsa World's map includes the former Towerview site.  I thought the owner was holding that property.  Has the City acquired it?