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July 09, 2020, 12:24:17 pm
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Author Topic: Any new midtown/Cherry Street developments?  (Read 124362 times)
SXSW
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« Reply #465 on: April 15, 2020, 03:07:26 pm »

The AW/Long Johns Silver site would make for a nice mid-rise residential spot.

Agree, the 15th & Peoria intersection leaves a lot to be desired in its current form.  Hopefully that is a focus for future development as Cherry Street continues to grow.  You're only 3 stops on the Aero from the center of downtown.
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« Reply #466 on: June 06, 2020, 10:19:16 pm »

This is still up as “Coming Soon” on Coury Hospitality’s website but if you go by the site on 21st there is still a for sale sign and the seller is...Coury.  This lot, the Bumgarner site at 14th & Utica and the weed-strewn lot at 15th & Delaware are the worst empty lots in midtown IMO 🤨

https://www.couryhospitality.com/portfolio/the-maple/
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AdamsHall
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« Reply #467 on: June 08, 2020, 08:16:00 am »

This is still up as “Coming Soon” on Coury Hospitality’s website but if you go by the site on 21st there is still a for sale sign and the seller is...Coury.  This lot, the Bumgarner site at 14th & Utica and the weed-strewn lot at 15th & Delaware are the worst empty lots in midtown IMO 🤨

https://www.couryhospitality.com/portfolio/the-maple/

I would think the Coury lot has a ton of value now that the Gathering Place is open and considering the pending river improvements.  Same goes for some of the lots going up Boston Ave.
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TulsaGoldenHurriCAN
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« Reply #468 on: June 08, 2020, 03:25:52 pm »

This is still up as “Coming Soon” on Coury Hospitality’s website but if you go by the site on 21st there is still a for sale sign and the seller is...Coury.  This lot, the Bumgarner site at 14th & Utica and the weed-strewn lot at 15th & Delaware are the worst empty lots in midtown IMO 🤨

https://www.couryhospitality.com/portfolio/the-maple/

I agree. Those 3 lot owners are waiting for a big pay day, or maybe for a market so hot there's no choice but to build something. I'm guessing they want a life changing amount for those. Investors have plenty of lower hangin fruit to get first, thus we have eye sore lots for decades.

There's no excuse for the 15th and Delaware eye sore. It had revenue-producing buildings, full of tenants and yet they made the foolish decision to destroy all of that. That has probably cost them several million by now in upfront costs plus lost rent. ~6 shops plus rental upstairs in one building, ~20,000 square feet of rentable space total, all completely demolished for nothing, which should rent for somewhere close to ~$10-$20k/mo, $120-200k/year.

They (the same who own Ok Pain Clinic across street) had no business doing that. The only consolation is that at least that rental income is going to other property owners and not them, but the buildings are irreplaceable and damage to the neighborhood a permanent scar.

He threw away literally millions and gave us another eye sore to go along with the one north of the clinic. No wonder that guy's wife left him not too long after that!
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« Reply #469 on: June 08, 2020, 04:43:24 pm »

I would think the Coury lot has a ton of value now that the Gathering Place is open and considering the pending river improvements.  Same goes for some of the lots going up Boston Ave.

I know Coury Hospitality has moved into several other markets recently so maybe they don't have the capacity to commit to this site, or they are using the increase in value to finally sell it.  Meanwhile all but one of the Tudor townhomes (also developed by Coury) have been built behind this lot.  The Maple would be a great addition though so I hope it happens.

If someone else could get their hands on 15th & Delaware and actually build a quality mixed-use project that stretch of 15th could be more of a walkable commercial district.  You have nice neighborhoods in Florence Park to the south and Renaissance to the north and some decent building stock left, but also some big eyesores.  It reminds me a lot of the Plaza District in OKC before it was revitalized in the past 5 years.

« Last Edit: June 08, 2020, 04:45:02 pm by SXSW » Logged

 
AdamsHall
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« Reply #470 on: June 11, 2020, 10:31:40 am »

Just up Boulder from 21st street, the River Park Lofts building (1840 S Boulder Ave) is being gutted.  Interesting structure to try to save.  Any ideas on what is planned there?
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Tulsan
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« Reply #471 on: June 11, 2020, 10:43:57 am »

Just up Boulder from 21st street, the River Park Lofts building (1840 S Boulder Ave) is being gutted.  Interesting structure to try to save.  Any ideas on what is planned there?

Good catch. Pretty cool project according to permitting. 82 room hotel with roof deck. Investment group is headed by Howard Wolf. The city is beating them up for not having enough parking allotted at the moment. No indication what kind of hotel/brand of flag would be involved.
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« Reply #472 on: June 11, 2020, 10:57:43 am »

Good catch. Pretty cool project according to permitting. 82 room hotel with roof deck. Investment group is headed by Howard Wolf. The city is beating them up for not having enough parking allotted at the moment. No indication what kind of hotel/brand of flag would be involved.

I noticed that and thought it was just THA renovating the senior apartments that used to be there.
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AdamsHall
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« Reply #473 on: June 11, 2020, 11:29:59 am »

Good catch. Pretty cool project according to permitting. 82 room hotel with roof deck. Investment group is headed by Howard Wolf. The city is beating them up for not having enough parking allotted at the moment. No indication what kind of hotel/brand of flag would be involved.

Nice.  Wasn't expecting a revamp to hotel.
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shavethewhales
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« Reply #474 on: June 11, 2020, 11:49:37 am »

Thank god. That building has been an eye sore for decades. It looks like something out of North Korea. I always wondered why they didn't try to paint it or anything.

Not sure how I see it working as a hotel, but anything that spruces it up is good by me.
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TulsaGoldenHurriCAN
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« Reply #475 on: June 11, 2020, 12:04:31 pm »

Just up Boulder from 21st street, the River Park Lofts building (1840 S Boulder Ave) is being gutted.  Interesting structure to try to save.  Any ideas on what is planned there?

Funny enough, the latest street view of that building shows it being gutted already last September:

https://www.google.com/maps/@36.1349098,-95.9895857,3a,75y,129.62h,110.3t/data=!3m7!1e1!3m5!1sWrSKVp1p_ndDt7Wem46xWA!2e0!5s20190901T000000!7i16384!8i8192

That's a big job!
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AdamsHall
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« Reply #476 on: June 11, 2020, 02:18:19 pm »

Funny enough, the latest street view of that building shows it being gutted already last September:

https://www.google.com/maps/@36.1349098,-95.9895857,3a,75y,129.62h,110.3t/data=!3m7!1e1!3m5!1sWrSKVp1p_ndDt7Wem46xWA!2e0!5s20190901T000000!7i16384!8i8192

That's a big job!

I noticed the same thing on street view.  I stopped using Boulder when it was under construction near downtown, but started using it again recently, so I missed the early activity. 
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« Reply #477 on: June 14, 2020, 03:31:03 pm »

Not sure if any of you have seen these new modern houses being built at 13th and Delaware in the Renaissance Neighborhood.  This was the vacant lot on the northwest corner of 13th and Delaware, just south of Audacity Church.  This isn't the best angle, but here are a couple of pics I took the other day. 





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Tulsan
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« Reply #478 on: July 08, 2020, 07:10:30 pm »

The Louisiane building would be perfect for a small scale grocery store/restaurant.  It's crazy to me that Reasors at 15th and Lewis is still the closest grocery store to downtown, Riverview, and Maple Ridge.

The Louisiane was apparently torn down today.  https://www.facebook.com/tulsaarchitecture/posts/10157078439056644

The permit issued yesterday.  https://tulsaok.tylertech.com/EnerGov4934/SelfService#/permit/692ea570-491e-431c-a61e-3a5dfa794af9

The owner is an entity named 624 Boston, LLC (it used to own the 624 Boston building).  https://www.assessor.tulsacounty.org/assessor-property.php?account=R38225921214650&go=1  This entity also owns the vacant lots behind the Louisiane.  Registered agent is Kajeer Yar, 2651 E. 66th St.  https://www.sos.ok.gov/corp/corpInformation.aspx?id=3512210033.  

Mr. Yar owns Lefty's on Greenwood and was a principal developer in GreenArch, the downtown apartment complex.  

Hopefully it won't sit vacant for decades.  Pat Fox of Fox+Allen (frequent poster on this forum) probably knows the full story ... and maybe the plan for what's to come.  Maybe he'll share it.



« Last Edit: July 08, 2020, 07:16:33 pm by Tulsan » Logged
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« Reply #479 on: July 08, 2020, 11:05:37 pm »

Speaking of Pat Fox what is the latest on the Knoll at Maple Ridge he had planned for the lot to the north?  I know retail developments are not really happening right now but wondering if there was any movement pre-COVID.  I’ve thought a brewery with a beer garden would be great there. 
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