Tulsa Downtown: November 2007 Archives

Wal-Mart has notified the developers of a proposed east downtown mixed-use development that they won't be building a store in downtown Tulsa. The change in plans is part of a nationwide decision to slow down the construction of new Wal-Mart Supercenters.

Tulsa is one of many cities across the nation hit by Wal-Mart's move to reduce the number of new supercenters it constructs nationwide, said Angela Stoner, Wal-Mart's senior manager of public affairs.

"This is no reflection on the confidence Wal-Mart has in our friends in the development team of the East Village, the mayor, the City Council, neighbors or others involved in this project," Stoner said Thursday.

"This is the execution of a national growth strategy plan -- a corporate decision," she said.

The plan is specific only to new supercenters, she said, and none is planned for Tulsa.

Although Wal-Mart had announced its reduction plan in June, it had also approved the construction of the proposed supercenter for the East Village, which resulted in the developers announcing the project in August.

The proposed development would have been on property between Frankfort and U. S. 75, 4th and 6th, on land now owned by Nordam and Bill White. Here is a small PDF of the proposed East Village developmentshowing the site plan, a description of the development, and the expected increments in property value and sales tax revenues, for the purpose of evaluating the establishment of a Tax Increment Financing district to assist with the development.

More comments from me later. Feel free to post your two bits about what had been proposed and what ought to happen now.

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This page is a archive of entries in the Tulsa Downtown category from November 2007.

Tulsa Downtown: October 2007 is the previous archive.

Tulsa Downtown: April 2008 is the next archive.

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