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Project · Tulsa, OK · Updated today

Philcade Building hotel redevelopment

Philcade Building, downtown TulsaBrickhuggerAnnouncedCommercial
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Sourced from Tulsa meeting, Feb 4, 2026. ZoneWire tracks 210 projects in Tulsa, OK, updated within 24h of every meeting.

Where this stands

Proposed conversion/interior build-out of the historic Philcade Building into a hotel (~$90M project); developer Mr. Morris of New York / Brickhugger; potential incentives referenced up to ~$100M including TIF sales tax, hotel/lodging tax, and up to 25-year property tax abatement; qualifies for 20% federal historic tax credits (~$18M), state transferable tax credits (~$18M), and up to $30M Tourism Development Act; strongly opposed by local hoteliers. No development agreement approved yet.

Case factsSource: ZoneWire
Project
Philcade Building hotel redevelopment
Asset class
Commercial
Developer
Brickhugger
Location
Philcade Building, downtown Tulsa
County
Tulsa, OK
Jurisdiction
Tulsa
Current status
Announced

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CommercialAnnouncedPhilcade Building, downtown TulsaTulsa, OK

Philcade Building hotel redevelopment

announced

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