Oklahoma City chugs ahead with plans to revamp Santa Fe Depot

Oklahoma City has secured the key and control to downtown’s Santa Fe Depot, clearing the way for it to be converted into a $28 million transit hub that will serve downtown’s new streetcar system, Amtrak’s Heartland Flyer and a potential new regional passenger rail line.
by Steve Lackmeyer Modified: February 6, 2014 at 11:00 am •  Published: February 5, 2014
Advertisement
;

Oklahoma City has secured the key and control to downtown’s Santa Fe Depot, clearing the way for it to be converted into a $28 million transit hub that will serve downtown’s new streetcar system, Amtrak’s Heartland Flyer and a potential new regional passenger rail line.

The city spent two years negotiating with the prior owners, Brewer Entertainment, and successfully sought an eminent domain ruling on the property last summer when court-appointed commissioners set the purchase price at $4.5 million.

Assistant City Attorney Dan Brummitt said Wednesday that Brewer Entertainment is still seeking a jury trial to contest the purchase price, which could result in the city paying more or less than the $4.5 million. During negotiations, Brewer Entertainment, owned by the family of the late Bricktown developer Jim Brewer, sought to sell the property for $23.5 million, countering the city’s original offer of $2.5 million.

Brummitt said Brewer Entertainment, which sometimes charged $20 for parking on the property during special events downtown, is no longer involved with any of the property’s operations. Control of the building and lots was transferred to the Central Oklahoma Transportation and Parking Authority (COTPA).

However, on Wednesday evening, a Brewer Entertainment sign was advertising parking in the depot’s north lot for $20. COTPA spokesman Michael Scroggins said negotiations regarding leases on the property are continuing.

Leases signed with the Brewers will continue, including a lease with the Oklahoma Transportation Department for parking for Amtrak customers and access to the depot, leases with Tyler Media for two digital billboards on the property, with Pinkitzel Candy & Cupcakes for a shop in the depot’s freight wing, and MidFirst Bank, which leases parking spaces during Thunder home games at the Chesapeake Energy Arena.

Those leases involve complications that are proving to be challenging to the city to sort through.


by Steve Lackmeyer
Business Reporter
Steve Lackmeyer is a reporter and columnist who started his career at The Oklahoman in 1990. Since then, he has won numerous awards for his coverage, which included the 1995 bombing of the Alfred P. Murrah Federal Building, the city's Metropolitan...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Angels' Garrett Richards has torn knee tendon, will miss pennant drive
  2. 2
    Tulsa minister charged in $930,000 scheme might have embezzled more
  3. 3
    Nick Cannon Confirms He And Wife Mariah Carey Are Living Apart
  4. 4
    School Required Reading That Will Change Your Life
  5. 5
    OSU basketball: Cowboys release complete schedule
+ show more