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December 04, 2022, 06:14:54 pm
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Author Topic: PAC Parking Lot Development  (Read 11215 times)
TulsaBeMore
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« on: July 14, 2021, 12:37:44 am »

I attempted to insert the images, but I am apparently incapable of understanding how to accomplish it.








News reports indicate the original contract between PAC Trust and Indianapolis developer Flaherty & Collins expired last year, but the entities are still working together.  These "new" renderings showed up on F&C's website sometime last year ---- the nearly 30-story tower is "new."


Current posting with images on Flaherty & Collins website:  https://flco.com/company-properties/the-annex/

The Annex, a partnership with the Tulsa Performing Arts Center (TPAC) Trust, includes 240 luxury apartment homes and resort-style amenity spaces including a pool, fitness center, aqua lounge, outdoor grilling stations and bike storage space with repair tools.

Annex would also include a 35,000 square foot grocery (Reasor's in original plan), and an additional 7,000 square feet of additional retail space, along with 636 spaces in a multi-story parking garage that will be shared with TPAC guests.
« Last Edit: July 14, 2021, 12:51:19 am by TulsaBeMore » Logged
Rattle Trap
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« Reply #1 on: July 14, 2021, 07:15:26 am »

Yes these renderings came out some time ago. Heard on the news this morning that they intend to proceed with this project and are eager to get going, but need to come to a new agreement since covid put them on pause and the contract expired last year.

Sounds like the project is still a go. This would obviously be a huge project for downtown. They also said they reached out to the city to ask about new skyscrapers. City said there's things pending, but nothing confirmed yet.
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shavethewhales
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« Reply #2 on: July 14, 2021, 07:38:28 am »

That would be great if the tower is still in the works. The two new 11-12 story towers going up right now are pretty cool, but an actual addition to the skyline would be very welcome, especially if it fills in a parking crater! Heck, I could even go for a unit myself, I've been pondering a move to the downtown area for awhile, but want to hold off a couple years for the housing market to cool off a bit and some of these projects to get finished first.
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TheArtist
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« Reply #3 on: July 14, 2021, 07:51:46 am »

I attempted to insert the images, but I am apparently incapable of understanding how to accomplish it.








News reports indicate the original contract between PAC Trust and Indianapolis developer Flaherty & Collins expired last year, but the entities are still working together.  These "new" renderings showed up on F&C's website sometime last year ---- the nearly 30-story tower is "new."


Current posting with images on Flaherty & Collins website:  https://flco.com/company-properties/the-annex/

The Annex, a partnership with the Tulsa Performing Arts Center (TPAC) Trust, includes 240 luxury apartment homes and resort-style amenity spaces including a pool, fitness center, aqua lounge, outdoor grilling stations and bike storage space with repair tools.

Annex would also include a 35,000 square foot grocery (Reasor's in original plan), and an additional 7,000 square feet of additional retail space, along with 636 spaces in a multi-story parking garage that will be shared with TPAC guests.

I wonder if the moderators could update the forum to a more modern format where you can "drag & drop" or "insert" images?
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ComeOnBenjals
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« Reply #4 on: July 14, 2021, 08:08:24 am »

Surprised this project still is alive... would be a game changer in my opinion! Could really improve living in downtown.

The best method I've found for uploading images is uploading a photo to imgur and then getting the forum code. Works fairly well.
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shavethewhales
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« Reply #5 on: July 14, 2021, 09:13:01 am »



Here is the rendering.
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Red Arrow
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« Reply #6 on: July 14, 2021, 10:09:36 am »

I wonder if the moderators could update the forum to a more modern format where you can "drag & drop" or "insert" images?

We had something like that for a while but there were too many inappropriate images.
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nxb33
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« Reply #7 on: July 14, 2021, 12:34:15 pm »

Project is still very much alive and moving along.
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LandArchPoke
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« Reply #8 on: July 22, 2021, 01:59:56 pm »

Just saw this story on it as well:

https://www.publicradiotulsa.org/post/operating-trust-says-sale-tulsa-pac-parking-lot-still-works#stream/0

Interesting that the story does say that Reasor's has pulled out of the discussions but that a full-service grocer is still part of the plans. They have confirmed the hotel component as well which means the high-rise version of the renderings is probably what we'd see built. Number of parking spaces is down to 450 ish from the 600+ range originally.

Wonder who the full-service grocer would be if not Reasor's. Not sure if Whole Foods would be interested in a third location or not, they have anchored a lot of similar developments and this developer even built the Whole Foods anchored mixed-use development in Indianapolis. 360Market Square (https://flco.com/company-properties/360marketsquare/)

They've also built one for Kroger in downtown Indianapolis in addition to that Whole Foods development (https://flco.com/company-properties/axis/). Obviously Kroger wouldn't be an option here.

If Reasor's wasn't interested the only other options might be a Whole Foods or a Walmart Neighborhood Market.  
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DTowner
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« Reply #9 on: July 22, 2021, 03:15:27 pm »

So, the tower is the apartment building?  Seems really tall for 240 apartments.  If this hotel is on second street, it is actually further from the PAC entrance than the Hyatt.  And is another hotel really what downtown needs?

My understanding was, at least several years ago, the PAC trust was adamant about a full-service grocery store no matter how unrealistic the demand.

I put this project in the category of “nice ideas, but not going to happen in the next 5 years.”
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LandArchPoke
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« Reply #10 on: July 22, 2021, 04:41:07 pm »

So, the tower is the apartment building?  Seems really tall for 240 apartments.  If this hotel is on second street, it is actually further from the PAC entrance than the Hyatt.  And is another hotel really what downtown needs?

My understanding was, at least several years ago, the PAC trust was adamant about a full-service grocery store no matter how unrealistic the demand.

I put this project in the category of “nice ideas, but not going to happen in the next 5 years.”


The residential is the tower, and if you consider the average unit size of most apartments and that the residential portion would be built over a little under 1/4 of that block. You're talking maybe being able to fit 10-12 units per floor which would mean 20-24 floors for the residential portion.

I believe the brand for hotel would most likely be AC Hotel (Marriot brand) - they're a great brand and mostly built in urban areas. I'd consider them a slightly more fancy version of Aloft but not quite to a 4-star type hotel level of service. I can easily see this being a good fit for that project given it would align with PAC visitor demographics and offer a slightly cheaper option to Hyatt Regency next door to the PAC too.

I think the PAC trust is right on with wanting a grocer in order for the project to be worth it. If you think about it, this block makes the most sense for a grocer downtown long term. It's within walking distance of all the major office buildings, not too far from many of the convention hotels, and along one of the few east west street that actually don't dead-end at the IDL plus having visibility along 2nd to the north and Cincinnati for people wanting to stop on their way out of downtown too. It's also smack in the middle of all the new housing that has been built downtown too to the east, west, and north of that site. I frankly can't think of a better location downtown for a grocer than that block so I'm glad they have been holding out and making sure that is part of the project.

The downtown hotel market really serves a broader area than just downtown too so there's a good amount of demand - there's extremely limited options for decent hotels anywhere in the midtown area. 
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swake
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« Reply #11 on: July 22, 2021, 04:48:15 pm »

The downtown hotel market really serves a broader area than just downtown too so there's a good amount of demand - there's extremely limited options for decent hotels anywhere in the midtown area. 

There are hotels in midtown? Where? I agree with your point, but this is something I have never understood, that Cherry Street, Brookside, Maple Ridge, Utica Square, the TU area, the Southroads area, none of them have ANY hotels. In fact, there's not a hotel in uptown either, the new hotel conversion on Boulder will be the first.
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LandArchPoke
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« Reply #12 on: July 22, 2021, 05:27:25 pm »

There are hotels in midtown? Where? I agree with your point, but this is something I have never understood, that Cherry Street, Brookside, Maple Ridge, Utica Square, the TU area, the Southroads area, none of them have ANY hotels. In fact, there's not a hotel in uptown either, the new hotel conversion on Boulder will be the first.

I'd consider the hotels along I-44 as 'midtown' but I wouldn't really consider any or at least very, very few as 'decent' hotels. Ambassador is in Uptown now so with the Brut hotel that'd be two in Uptown. Campbell is along 11th, but it's also a very small hotel.

I have also wondered why Utica Square didn't have a hotel especially with St. John's across the street. Cherry Street is close enough to downtown it probably doesn't need it's own hotel but the vacant lot along Utica would make sense to develop as hotels with other mixed-uses. Brookside could use a hotel or two as well especially being walk-able to the Gathering Place when the southern portions are completed.
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dbacksfan 2.0
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« Reply #13 on: July 22, 2021, 05:34:49 pm »

There are hotels in midtown? Where? I agree with your point, but this is something I have never understood, that Cherry Street, Brookside, Maple Ridge, Utica Square, the TU area, the Southroads area, none of them have ANY hotels. In fact, there's not a hotel in uptown either, the new hotel conversion on Boulder will be the first.

That's why I stay downtown when I'm back. The only other place I might go to would be the Marriott at 71st & Lewis. The area around 31st & Memorial was okay back in 1998, but I've seen too much of there and the ones at 41st & Memorial on "The First 48". Can't stand casinos, and I wouldn't spend enough time there, and 71st & 169, no way. Everything out there is here in Phoenix with the exception of a couple of places.

Besides, I like the view downtown.







« Last Edit: July 22, 2021, 05:36:43 pm by dbacksfan 2.0 » Logged
Jeff P
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« Reply #14 on: July 28, 2021, 10:43:27 am »

I'd consider the hotels along I-44 as 'midtown' but I wouldn't really consider any or at least very, very few as 'decent' hotels. Ambassador is in Uptown now so with the Brut hotel that'd be two in Uptown. Campbell is along 11th, but it's also a very small hotel.

I have also wondered why Utica Square didn't have a hotel especially with St. John's across the street. Cherry Street is close enough to downtown it probably doesn't need it's own hotel but the vacant lot along Utica would make sense to develop as hotels with other mixed-uses. Brookside could use a hotel or two as well especially being walk-able to the Gathering Place when the southern portions are completed.

Agreed. It seems Brookside would be an ideal spot for like a little boutique hotel with the Gathering Place right there.
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