After the COVID-19 shutdown, downtown Tulsa is hoping to look “as alive as it was before,” according to local news
For example, WPX Energy has no plans to shut down its $ 100 million worth of 11-story corporate headquarters in the Arts District, which is currently under construction.
At least the company won’t make any changes “for now,” says Kelly Swan, communications director.
“It’s obviously a very fluid environment,” says Swan, “and we have to look at all of the costs and expenses of everything this year.” Not just the building – everything. “
Meanwhile, a major law firm recently signed a long-term lease for 35,000 square feet of downtown office space. The landlord won’t say exactly what law firm it will be or where the offices will be, but timing matters – a vote of confidence in downtown despite the economic collapse.
“We have great confidence in Tulsa,” said Jackie Price, president of Price Family Properties, which manages more than 2 million square feet of downtown commercial space. “Our first priority right now is protecting our tenants, but we’re driving development projects forward.”
Downtown has been on an upward trend since 2003 when voters approved the Vision 2025 sales tax packages to fund the construction of the BOK center and other improvements.
That trend won’t change in the long run, even if the economy struggles in the short term, says Casey Stowe, a Nelson + Stowe Development partner who was responsible for several downtown projects, including the renovated Coliseum Apartments and the brand new Boxyard retail complex.