Correction: A Monday Tulsa World story misspelled the name of the property company owned by Josh Barrett, who purchased the Tulsa Club last year. The company is Vesta Properties. This story has been corrected.
Not much has changed with the Tulsa Club and Abundant Life buildings: They remain shuttered, and they aren’t likely to open soon.
But this much is different: The buildings are being kept up to city code enforcement standards — something that didn’t always happen in the past.
Both buildings have come under new ownership in the last several years, and the new owners have taken steps to ensure that the buildings are secured and that potential code violations are addressed, city officials said.
“The owner (of the Tulsa Club) has added lighting, stairwell railings and corrected deficiencies related to elevator doors and shafts. Combustibles have been cleared from the building,” said city spokeswoman Michelle Allen. “The owner has authorized city personnel to walk through the building to verify its condition, which will be scheduled in the near future.”
Kevin Cox, field supervisor for the city’s Working in Neighborhoods Department, said the walk-through will give city officials a chance to make sure the improvements have been made and to identify any new issues that might have arisen.
“The owner and his lawyer have been very cooperative,” Cox said.
Josh Barrett, president of Vesta Properties, purchased the Tulsa Club building, at 115 E. Fifth St., at a sheriff’s sale last year for $460,000.
He had originally intended to repurpose the building into a combination of commercial, residential and event space at a cost of $15 million to $20 million.
But last month, Kate Thorp, a real estate broker with NAI Petrous, confirmed that the building is on the market again with an asking price of $1.35 million.
Thorp, speaking on behalf of Barrett, said an adjustment of strategy led to the sale.
“Due to the personal milestones in the owner’s life, he’s decided to pursue more passive investments that don’t require as much time or direct involvement,” she said.
Thorp said Barrett hopes to find a buyer who will carry on his desire to rehabilitate the building.
Neither Thorp nor Barrett returned calls for comment.
Meanwhile, redevelopment of the Abundant Life Building, 1720 S. Boulder Ave., is on hold as its new owners work through a legal claim on the property made by a former mortgage owner.
“It is going to take a long time to get through this,” said Brian Freese, the architect on the project.
Freese is a principal in Boulder Green LLC, which purchased the building from David Horton Ministries. The legal challenge was filed by another party.
Freese said his original plans for the building — to turn it into luxury condominiums or a mixed-use development — remain the same.
“At present, our development plans remain the same,” Freese said. “As soon as we have a clear title to the property, we will finish our design concept for luxury modern condominiums and ground floor retail and will seek investment partners.”
The city has never considered demolishing the structures, in part because of the significant cost to do so, city officials have said.