Things You Might Have Missed
With everything going on these past two weeks, you might have missed some deals quietly moving along in the background. So what did we miss?Well, to begin with, the deal between Oklahoma City and the Oklahoma City Public School System that would have resulted in school administrators moving into downtown’s Journal Record Building is dead.
The district initially negotiated to buy 70,000 square feet of the 110,000 square-foot building at a cost of $8.5 million. The deal was delayed week after week by city officials who initially believed the deal was inevitable. But this week the item was scratched for good.
The Bricktown Urban Design Committee last week approved plans to repair and cover a stucco finish at 3 E Main. The century-old building originally had a brick facade, but architects reported removal of the stucco was cost prohibitive. The building is being renovated into the corporate headquarters for Standley Systems. The company bought the three-story building, built in 1901, for $937,500 last year.
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