A grassroots organization focused on the intelligent and sustainable development, preservation and revitalization of Tulsa.
 
Welcome, Guest. Please login or register.
Did you miss your activation email?
March 28, 2024, 04:41:11 am
Pages: 1 2 [3] 4 5 ... 14   Go Down
  Print  
Author Topic: Urban 8  (Read 97309 times)
LandArchPoke
Philanthropist
****
Offline Offline

Posts: 847



« Reply #30 on: January 11, 2016, 06:13:39 pm »

Really not sure why anyone would ever buy these. Especially when your prime view (below) will be looking into an apartment complex...





At 3,470 sq. ft. I have no idea how you can market this to "empty nesters" looking to downsize. How many people in Tulsa are downsizing from 6,000 sq. ft. + in South Tulsa that would want these? For 4,000 sq. ft. in Midtown at $800,000 you can get something that won't have a 4 story apartment complex looking directly into your bedroom. I'm an urbanist who lives downtown and I even look at this as say what on earth were they thinking?

The price per sq. ft. isn't shocking, that's just what it costs to build downtown and similar prices in OKC have done just fine. Here's food for thought, if they broke each floor into 1 bedroom condos (~867 sq. ft.) at the same price per sq. ft. you'd be selling each for $217,000. I would be inclined to buy one at that price... but every developer in Tulsa is obsessed with building $400,000 plus units downtown and ignore the market that actually wants to buy downtown, and what they can afford. At $200K you can put up with the fact that there is apartments outside your window, but not at $800K.
Logged
Bamboo World
Philanthropist
****
Offline Offline

Posts: 568


« Reply #31 on: January 11, 2016, 06:23:48 pm »

Really not sure why anyone would ever buy these.

At 3,470 sq. ft. I have no idea how you can market this to "empty nesters" looking to downsize. How many people in Tulsa are downsizing from 6,000 sq. ft. + in South Tulsa that would want these?

Hopefully, eight to sixteen people...
Logged
carltonplace
Historic Artifact
City Father
*****
Offline Offline

Posts: 4587



WWW
« Reply #32 on: January 22, 2016, 09:14:18 am »

Hopefully, eight to sixteen people...

lol, perspective.
Logged
dbacksfan 2.0
City Father
*****
Offline Offline

Posts: 1842


« Reply #33 on: January 22, 2016, 11:28:44 am »

Really not sure why anyone would ever buy these. Especially when your prime view (below) will be looking into an apartment complex...





At 3,470 sq. ft. I have no idea how you can market this to "empty nesters" looking to downsize. How many people in Tulsa are downsizing from 6,000 sq. ft. + in South Tulsa that would want these? For 4,000 sq. ft. in Midtown at $800,000 you can get something that won't have a 4 story apartment complex looking directly into your bedroom. I'm an urbanist who lives downtown and I even look at this as say what on earth were they thinking?

The price per sq. ft. isn't shocking, that's just what it costs to build downtown and similar prices in OKC have done just fine. Here's food for thought, if they broke each floor into 1 bedroom condos (~867 sq. ft.) at the same price per sq. ft. you'd be selling each for $217,000. I would be inclined to buy one at that price... but every developer in Tulsa is obsessed with building $400,000 plus units downtown and ignore the market that actually wants to buy downtown, and what they can afford. At $200K you can put up with the fact that there is apartments outside your window, but not at $800K.

You guys wanted to be like Portland, this is the price of admission.

http://www.opb.org/news/series/greetings-northwest/a-look-back-at-oregons-housing-crisis/

http://www.oregonlive.com/watchdog/index.ssf/2015/09/post_19.html

http://www.theguardian.com/society/2015/nov/23/portland-housing-rent-increase-gentrification-hipster-culture

Logged
BKDotCom
City Father
*****
Offline Offline

Posts: 2542



WWW
« Reply #34 on: January 22, 2016, 11:31:20 am »

Quote
Really not sure why anyone would ever buy these. Especially when your prime view (below) will be looking into an apartment complex...

Can't see the forest because trees are in your way?
Logged
cannon_fodder
All around good guy.
T-Town Elder
******
Offline Offline

Posts: 9379



« Reply #35 on: January 22, 2016, 02:56:20 pm »

Does anyone ever occupy low-rise in downtown because of the view? I wouldn't think that is one of the selling points on the brochure.
Logged

- - - - - - - - -
I crush grooves.
saintnicster
Guest
« Reply #36 on: January 22, 2016, 03:46:42 pm »

Does anyone ever occupy low-rise in downtown because of the view? I wouldn't think that is one of the selling points on the brochure.

Urban 8 needs every positive stacked with it right now.  A good view could be a good distraction from that 900k mortgage

It would have helped since they aren't in the core of downtown.  Most of the buildings next to them are only 1 or two stories tall, so looking south was a nice view from the 3rd floor/patio, seeing the hills and landscape, or over and seeing the architecture mix of the core.

Counter that by looking north and seeing an apartment complex that is taller than yours.  It's just poor planning, but do we really expect anything else?
Logged
Red Arrow
T-Town Elder
******
Offline Offline

Posts: 10889


WWW
« Reply #37 on: January 22, 2016, 06:22:01 pm »

Can't see the forest because trees are in your way?

I want different trees.
 
 Grin
Logged

 
Conan71
Recovering Republican
T-Town Elder
******
Offline Offline

Posts: 29334



« Reply #38 on: January 22, 2016, 09:16:25 pm »

I want different trees.
 
 Grin


Make mine palm or pine. Unless I’m in a mood for smoking then plum or apple is just fine.  Grin
Logged

"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first” -Ronald Reagan
Red Arrow
T-Town Elder
******
Offline Offline

Posts: 10889


WWW
« Reply #39 on: January 23, 2016, 09:39:16 am »

Make mine palm or pine. Unless I’m in a mood for smoking then plum or apple is just fine.  Grin

I use pecan for chipotles.
Logged

 
Laramie
City Father
*****
Offline Offline

Posts: 3052



« Reply #40 on: January 23, 2016, 12:13:33 pm »


Impressive, glad this project has taken shape.
Logged

“Think for yourself and let others enjoy the privilege of doing so too.” ― Voltaire
johrasephoenix
Guest
« Reply #41 on: January 24, 2016, 08:29:57 pm »

I bet in 15 years these will be worth a lot.  It's a shame they use that grey modern aesthetic instead of brick.  I thought the same thing with those condos over on Boulder.

The developers are also betting on the extreme upmarket segment of Tulsa to take a big stake in downtown revitalization.  That charge is really being led by young people though.  They're the generation that is resurrecting urban living and willing to take big risks.

To me these are natural three flats (a Tulsa version of the Boston classic).  This reduces price to ~$200k each which is much more manageable.  Also young people are much more likely to spring for a 2 bedroom flat than a $1m downtown mansion.

Anyway, I've lived in Chicago and Boston where three flats are the norm in many neighborhoods.  It brings density and does a lot better job of filling in space than the great big building surrounded by parking phenomenon we're dealing with now
Logged
Cats Cats Cats
City Father
*****
Offline Offline

Posts: 2016



« Reply #42 on: January 25, 2016, 09:08:43 am »

I'm wondering if they are going to try to close on all the units at the same time.  I figure as soon as one is sold they set their new low for the rest of the units.
Logged
Conan71
Recovering Republican
T-Town Elder
******
Offline Offline

Posts: 29334



« Reply #43 on: January 25, 2016, 03:41:46 pm »

I'm wondering if they are going to try to close on all the units at the same time.  I figure as soon as one is sold they set their new low for the rest of the units.

I’m surprised you haven’t bought one yet.  It’s easy stumbling distance from those late nights at the Fur Shop.  Grin
Logged

"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first” -Ronald Reagan
TulsaGoldenHurriCAN
City Father
*****
Offline Offline

Posts: 1266



« Reply #44 on: August 26, 2016, 09:26:42 am »

These look pretty much completed minus a bit more landscaping. Still, only 1 (the far east) is furnished and potentially occupied.

The listings have been up since May and no recent sales are reported for that block. The parcels are split up in county land records. Only the east one is sold and it is to the developer. Sad to see such great places stay vacant this long. The lower price ($585k) seems close to what you might consider a reasonable too but still seems like there's no market for these places at that price.

http://www.zillow.com/homedetails/613-E-3rd-St-Tulsa-OK-74120/2098764906_zpid/

http://www.zillow.com/homedetails/605-E-3rd-St-Tulsa-OK-74120/2098764905_zpid/
Logged
Pages: 1 2 [3] 4 5 ... 14   Go Up
  Print  
 
Jump to:  

 
  Hosted by TulsaConnect and Powered by SMF 1.1.21 | SMF © 2015, Simple Machines
 

Mission

 

"TulsaNow's Mission is to help Tulsa become the most vibrant, diverse, sustainable and prosperous city of our size. We achieve this by focusing on the development of Tulsa's distinctive identity and economic growth around a dynamic, urban core, complemented by a constellation of livable, thriving communities."
more...

 

Contact

 

2210 S Main St.
Tulsa, OK 74114
(918) 409-2669
info@tulsanow.org