Posted Today, 2:28 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 52,145
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Approval is one thing. Funding and ability another. I get that most of the public don’t get that distinction. But those of you who have been watching skyscraper developments, and how that all works should have a high degree of skepticism this will ever be built. Intentions never builds anything. There’s a whole list of developments, both in the US and around the world, with more capable developers, that have been scrapped.
https://www.nytimes.com/2024/06/06/r...-building.html
Oklahoma Stakes Its Claim to the Tallest Building in the U.S.
The Oklahoma City Council voted this week to clear the way for a 1,907-foot tower, surpassing One World Trade Center in New York.
By Debra Kamin
June 6, 2024
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”This is the moment we have all been waiting for — to see how tall we can get,” Councilwoman Nikki Nice said at the City Council meeting on Tuesday, just before the rezoning request came up for a vote. “People have asked me, ‘What do you think about this development?’ I mean, the sky’s the limit.”
The vote to remove all height restrictions on the site was not without its detractors. Councilman James Cooper raised concerns about the developer’s plans to include about 200 affordable housing units within Legends Tower and two other buildings in the same complex. Matteson Capital has pledged to set those units aside for low-income Oklahomans, and early reports said it would partner on that initiative with an organization called Aspiring Anew Generation.
But many links on the group’s website were not clickable, Mr. Cooper said in the meeting, and he had questions that remained unanswered.
“You’re going up, but we’re trying to take care of folks on the ground,” Mr. Cooper said. “I don’t have the confidence.”
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Quote:
The final vote for the removal of all height restrictions on the site passed 8 to 1, with Mr. Cooper as the sole dissenter. Scot Matteson, the project’s developer, said there was no firm partnership with the nonprofit in place.
“We do not have a contractual relationship with them,” he said, adding that options remained open to work with other groups or even create a new dedicated nonprofit to oversee the site’s affordable housing.
On Thursday, the Aspiring Anew Generation website generated a 404 error. Jessica Stanford, founder of Aspiring Anew Generation, did not immediately respond to a request for comment.
Legends Tower will be part of Boardwalk at Bricktown, a mixed-use development comprising four new buildings. The first phase of its construction will include a hotel and two smaller residential towers; the second phase, which will include the supertall building, is estimated to begin in two or three years. Rob Budetti, a managing partner of AO, told City Council members on Tuesday that he expected the entire complex to be completed in about five years.
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So, we’re supposed to believe this tower will begin in 2 or 3 years, and be complete 5 years from now.
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NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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