The old Sonny and Cher song is in my head today as I contemplate what is and isn’t happening downtown compared to the events nationwide.
Things are still moving forward, despite warnings that the end of the world is near thanks to a drunken party on Wall Street that went on way too long. So, what’s the scorecard?
- Ron Bradshaw is moving forward with yet another phase of construction of the Lofts at Maywood Park.
- Grant Humphreys is planning to start construction on the Flatiron later this month.
- Demolition of the old Steffen’s Dairy has begun on Main Street in Bricktown, which is still set to be followed by construction of a Holiday Inn Express.
- The land sale went through at Lincoln and Sheridan for what is set to be a Candlewood Inn at the east end of Bricktown.
One final tidbit - expect more restaurants, clubs and shops to open in Bricktown this next month or so as the start of the upcoming NBA season begins with the Thunder at Ford Center. But if this financial crisis continues on Wall Street, I’m hearing it’s more and more likely that a major Bricktown property owner could end up being forced to sell their properties at a price far less than what’s being sought, or they could risk bankruptcy (no, I’m not naming names).
October 2nd, 2008 at 7:30 am
We’ll just see how the economy thing goes. For our sake “God help us.” Otherwise, despite the continuing construction, I think we’ll see things grind to a halt or a noticeable slowdown for awhile if something isn’t done soon. Even if all our oil companies have tons of money, it won’t do any good when it’s not worth anything or no one else has money to spend or to loan for projects.
October 6th, 2008 at 8:39 am
Thats what happens when you hold property in an entertainment district thinking that the price will just go up and up and up. Your mystery property owner missed the high mark, and now is going to pay for it, literally. On the bright side, perhaps the sale will get property speculators out of Bricktown and true developers in. The canal buildings should be full by now, with finished canal-level restaurants and shops rather than dirt, concrete and retaining walls.
October 6th, 2008 at 2:38 pm
My guess: Bob Meinders.
October 6th, 2008 at 3:37 pm
French Hickman?