Gary Cotton is calling it quits in Bricktown and will offer up all of his holdings at a public auction Dec. 4. Cotton bought his first properties a few years ago, but didn’t attract attention until he secured a prime undeveloped corner along the Bricktown Canal across from the AT&T Bricktown Ballpark. In January, he announced plans for a $36 million two-tower retail and condominium development that would span both sides of the Bricktown waterway.
That canal-front property, along with the former home of Margarita Mamma’s and an empty nightclub at 329 E Sheridan, will all be auctioned by Louis Dakil. "I’m putting everything up for sale because I absolutely need to sell at least part of it,” Cotton said. "There’s a lot of disappointment; I wanted to do it bad. Hopefully somebody can pick it up and make it work. But I can’t.”