A major announcement is coming this month about the planned $550 million Tulsa Landing, according to one of the principals.
“There will be some fantastic announcements by prominent local people will be happening in the next week or two,” said Richard E. Huffman, CEO of Branson, Mo.-based HCW Development, LLC.
Huffman declined to offer any more details.
“There has been some work going on some citizens in Tulsa to raise funds to help beautify the river,” Huffman said. “We are working with them.”
Huffman is waiting for the scheduled announcement before releasing any plans.
“We will release some preliminary plans by the end of July,” he said.
The Tulsa Landing is projected to be constructed on the west bank of the Arkansas River between 11th Street and 21st Street.
“We are planning a destination that will encompass more than 150 acres,” Huffman said. “Our proposal will have a link to downtown. Obviously it is in the very early stages of design.”
The projected is modeled after the Branson Landing, a $430 million entertainment and shopping complex completed a year ago on the waterfront of Lake Taneycomo in downtown Branson.
“Branson Landing is vibrant, it is alive 24 hours a day. It is fountains. It is colored lights. It is shopping, lots of restaurants.”
Construction of the Tulsa Landing is not expected to start for another year and will take two-and-a-half years to complete. Opening would be sometime in late 2010 or 2011, Huffman said.
HCW is working with working with “a couple of companies” in Tulsa with the management and leasing of the project, but declined to say who because of a confidentiality agreement.
The Arkansas River has gone undeveloped for years, Huffman said.
“We have found the commitment the city and citizens of Tulsa have a true desire to redevelop the river front and we are excited about that,” Huffman said.
Huffman has been in the development and construction industry for more than 20 years. He moved to Branson in 1992. Prior to that, Huffman owned Huffman & Associates, a real estate development firm in Wichita.
In 1992, Huffman, along with Marc Williams and Santo Catanese formed HCW and began developing an array of real estate projects in southwest Missouri and in Oklahoma, Kansas, Arizona, Mississippi and Texas.
In Branson, they have been apart of several projects including Thousand Hills Golf Resort, Fall Creek Resort, Cedar Ridge at the Woods Resort, Grandvista at Emerald Pointe Resort, Branson Yacht Club and the newly completed shopping center of Vista Plaza.