Riverwalk Shopping Center Developer Seeks Private Funds to Build South Tulsa Dam

Summary


Jerry R. Gordon took a defiant stance as he pointed at the stucco and cut stone used to encase his two-year-old RiverWalk Crossing shopping center, both front and back.

"Many people told me I was crazy to use such expensive stonework on this, but I didn't care," he said, explaining how, as a private homebuilder, developer and contractor with no partners, using his own funds, he didn't need to worry about targeted returns on investment. "It's the project that's most important to me. If I know I'm going to make a profit, and I know what I'm going to do, that's fine."

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Riverwalk Shopping Center Developer Seeks Private Funds to Build South Tulsa Dam

That willingness to accept and embrace lower profit margins may explain much about how he hopes to succeed where Tulsa's river tax supporters fell short.

Even before that $282 million tax was discussed, some observers grumbled that private developers should not seek public funds to fuel their commerci...

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