***sarcasm on***
I kind of look at this project as a phallic symbol from superiority complex driven OKC going back to the 70's as a sign to the rest of the state as to who is in charge, similar to the giant golden tower City Of Faith complex.
***sarcasm off***
It just seems like an overly ambitious project. Is there really that much demand for a project like this? What's the occupancy rate of Devon Tower?
I realize this will be a multi use building, but is there enough demand for over 1000 apartments? Is this going to be part of the new arena project? The reason I ask about the arena is that there is a trend where pro sports teams want stadiums/ball parks/arenas built as part of a retail/residential/business/entertainment district together as one project.
This is why the Phoenix Coyotes NHL team will more than likely be moving to Salt Lake City since they have been turned down by almost every city in the metro area. There most recent attempt was a sports village in Tempe with a $2 billion dollar price tag that the voters turned down, and there current attempt at buying state land at auction (the land that they are wanting to buy has been bought, foreclosed, and reclaimed by the state at least two times since 2008) borders Phoenix and Scottsdale and neither city is in a big hurry to provide utilities, and the fact that it is in a flood prone area doesn't help matters. Scottsdale already said "You're on your own" for water and sewer. Phoenix has told them that they are responsible for mitigating flood zone areas.
I take the following video with a grain of salt, but there is some truth to it. It's from 2020 discussing the stadium/arena district/village.
https://youtu.be/zczyEkkjvZk?si=JQESgB1d6fQmoW89