Notes on the Geography of Oklahoma: Oklahoma City Eastside: Photo 11
Aha! Now you get it. Restoration in pastels spells festive retail. Call it Bricktown, one of the city's most successful urban renewal undertakings. That said, the building in the distance, built in 1910 for the Oklahoma Furniture Manufacturing Company, has had its upper five floors bricked up for five decades. The ground floor became a Spaghetti Warehouse in 1988 but closed in 2016 during that company's travails. The building itself came within a whisker of being declared legally abandoned; its owner, long disguised, turned out to be Vereit, a real estate investment trust in no hurry to sell the property or do anything with it. That's what happens when nationwide you own over 4,000 properties worth over $15 billion. What's one more? Late in 2017, two local investors (Sam Coury and Danny Wright) bought the building for $3.8 million and set out to convert it to something. Maybe a hotel, maybe apartments, maybe condos. Retail on the ground floor. Time would tell.
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