The Tulsa Forum by TulsaNow

Talk About Tulsa => Development & New Businesses => Topic started by: rdj on August 23, 2011, 02:20:12 PM

Title: Mid-Continent Tower
Post by: rdj on August 23, 2011, 02:20:12 PM
Pending final approvals from the court, Tulsa Now's favorite real estate mogul John Bumgarner will now own the Mid-Continent Tower and adjacent parking garage.  His pockets will be $24.1MM lighter but he'll control three of the four corners of 4th & Boston.  It also gives him control of all open "tunnels" in downtown, as the only open portions are underneath and connect 320 S Boston, Kennedy, Mid-Continent Tower & Mid-Continent Garage.
Title: Re: Mid-Continent Tower
Post by: Conan71 on August 23, 2011, 02:27:19 PM
Quote from: rdj on August 23, 2011, 02:20:12 PM
Pending final approvals from the court, Tulsa Now's favorite real estate mogul John Bumgarner will now own the Mid-Continent Tower and adjacent parking garage.  His pockets will be $24.1MM lighter but he'll control three of the four corners of 4th & Boston.  It also gives him control of all open "tunnels" in downtown, as the only open portions are underneath and connect 320 S Boston, Kennedy, Mid-Continent Tower & Mid-Continent Garage.

Should we expect a Tuscan re-make of the Mid-Con?

I know I'm hard on him but I'm relieved this building is in the possession of a local who can afford it.
Title: Re: Mid-Continent Tower
Post by: TheArtist on August 23, 2011, 05:05:52 PM
 Speaking of Mid-Con, whats up with the eternal scaffolding around it?
Title: Re: Mid-Continent Tower
Post by: Conan71 on August 23, 2011, 05:17:40 PM
Quote from: TheArtist on August 23, 2011, 05:05:52 PM
Speaking of Mid-Con, whats up with the eternal scaffolding around it?

Uh-oh, you don't think they are prepping it for some dryvit do you?  :o
Title: Re: Mid-Continent Tower
Post by: Townsend on August 23, 2011, 05:18:42 PM
Quote from: Conan71 on August 23, 2011, 05:17:40 PM
Uh-oh, you don't think they are prepping it for some dryvit do you?  :o

Man, wouldn't this forum have a collective colon blow-out?
Title: Re: Mid-Continent Tower
Post by: SXSW on August 23, 2011, 06:24:58 PM
I want to know his plans and timeline for developing his property at 14th & Utica.
Title: Re: Mid-Continent Tower
Post by: Teatownclown on August 23, 2011, 06:35:02 PM
1) Supposedly, Bones had told the agents early on he was buying the building.
2) The Tierra Cotta exterior requires large maintenance outlays every 3 years or so to insure nobody below gets hit by stoned to death. :o
3) This project cost Reading and Bates dearly. It had several lenders take big hits. But the bondholders made good interest and may have gotten out with their shirts on.
Title: Re: Mid-Continent Tower
Post by: BKDotCom on August 23, 2011, 07:12:48 PM
Quote from: TheArtist on August 23, 2011, 05:05:52 PM
Speaking of Mid-Con, whats up with the eternal scaffolding around it?

Look up.
They're restoring the stone facade.
It currently looks like a puzzle with a lot of missing pieces.
Title: Re: Mid-Continent Tower
Post by: TheArtist on August 23, 2011, 07:20:47 PM
Quote from: BKDotCom on August 23, 2011, 07:12:48 PM
Look up.
They're restoring the stone facade.
It currently looks like a puzzle with a lot of missing pieces.

Aaah kewl
Title: Re: happy
Post by: BKDotCom on August 27, 2011, 03:56:14 PM
Quote from: Lokodobglanda on August 27, 2011, 03:25:53 PM
hello   
i think i don't know what is the problem with the picture

I know I know.