Renovation plans unveiled for Oklahoma City tower
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July 22, 2018
OKLAHOMA CITY (AP) — BancFirst is proceeding with plans for an extensive renovation of Cotter Ranch Tower in anticipation of its $23 million purchase of the bankrupt landmark in downtown Oklahoma City.
The tower languished under the ownership of the late James Cotter of Texas. The property ended up in receivership and then bankruptcy after Cotter's death, the Oklahoman reported .
The redevelopment also would allow the bank to consolidate operations and increase its downtown workforce from 300 to more than 450, BancFirst Executive Chairman David Rainbolt said this week.
"This would be good for...
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