By Carol L. Cole
The Norman Transcript
The dry, stubborn Oklahoma red dirt of northwest Norman resisted
the gold shovels that sought to break ground for the 283-room
Embassy Suites Hotel and Conference Center on Wednesday.
But the mayor, councilmembers and hotelier John Q. Hammons gave a
strong push to their shovels and the ground finally yielded on the
site east of 24th Avenue NW about a half-mile north of Robinson
Street in the University North Park development.
This is a wonderful day for our community, said Mayor
Harold Haralson on the warm and blustery afternoon. A lot of
people have worked hard to bring this to fruition.
We have a
lot to be proud of. This is going to be the crown jewel (of the
development.)
The conference center will provide about 43,000 square feet of
rentable function space, including a 28,800-square-foot divisible
grand ballroom; 7,200-square-foot junior ballroom and 7,200 square
feet of meeting rooms and classrooms.
Hammons called the area a great location, calling Interstate 35
prime.
The opportunity to be here with a great university and the
power of this area of Oklahoma was very easy to understand and a
good decision could be made quickly, so thats what I
did, Hammons said. I think youll be proud of this
and well do our best to serve you.
The mayor said the conference center came from a lot of vision
on the part of the Citizens Tax Increment Financing Advisory
Committee. And he said the project is one of Ward 7 councilmember
Doug Cubberleys pride and joys.
Cubberley called it a wonderful day for Norman.
When we were talking about a conference center, we were
talking about it three, four, five years from now. And none of us
imagined that this would come so soon, he said. We all
believe that the conference center is the cornerstone for bringing
in that type of development that we all envisioned.
Cubberley said he believes the city will see tremendous things
develop in the area very quickly.
Hammons said it is a great opportunity for Norman to have a
first-class hotel.
And thats what it will be, because thats what we
build, he said.
John Q. Hammons Hotels is expected to begin construction of the
hotel and an adjoining conference center this month. It will be the
companys 87th hotel to build and own since 1958.
Weve now built over 4 million square foot of meeting
space in our hotels, Hammons said.
He said you have to be in the business to appreciate the positive
effects the hotel/conference center could have on the
community.
It costs a lot of money to do what we do, Hammons
said. It also wins, and thats the name of the
game.
The hotel construction is estimated to cost about $30 million,
with the conference center expected to cost about $23 million to
$24 million to build. When its complete, the city will have
the option to purchase the conference center for $15 million, which
will be paid for with revenue bonds financed from the University
North Park Tax Increment Financing District No. 2.
Hotel improvements will be subject to ad valorem taxes, with 50
percent going to the TIF District and 50 percent to the public
schools, technology center, county, health department and public
library system.
The center will be leased by the city to John Q. Hammons Hotels
for operation. The lease will require fees in lieu of ad valorem
taxes to be paid.
Stanton Nelson, developer of the University Town Center LLC
adjacent to the new conference center, said there is no question
that the conference center will have a tremendous effect on the
development.
This is the next step we needed to take to create
something thats going to be very special, Nelson said.
Having Mr. Hammons here today was great. This is very, very
exciting.
Nelson said he expects to have more announcements soon of
restaurants and retailers who will locate in the area.
We have some restaurant concepts that are going to be unique
to Norman and this area, he said. Its been very
positive.
Haralson said a lot of people had their doubts about the
conference center, but they also had doubts about Lake Thunderbird,
which supplies about 80 percent of the citys drinking
water.
Sometimes you just have to take a leap of faith,
Haralson said. I hope to be around in 10 or 15 years and see
whats here.



