The City of Tulsa seeks the development of a hotel of approximately 650 rooms and approximately 54,000 square feet of function space, to be built adjacent and connected to the CBCC. The programmatic recommendations for the hotel are based on a detailed feasibility study, market opportunity assessment, and financing analysis completed by Hunden Partners. Excerpts from that analysis are provided in Exhibits III, IV, and V. The Developer will be responsible for fully managing the development process for the headquarters hotel, including the design, construction, financing, and operation of the hotel. Elements of the development process will be subject to the approval of the City. Additionally, the City has identified certain public funding tools that are available to support the private sector financing of the project.
