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Union board approves purchase agreement and $23,000 earnest money for Union Gardens property

3281393 · May 13, 2025
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Summary

Board approved moving forward with due diligence and $23,000 earnest money to secure a $2.3 million purchase agreement for the Union Gardens (Luxe Cheer) building to create practice and spirit group facilities.

The Union Public Schools Board of Education approved a purchase agreement to pursue acquisition of a commercial property identified as Lot 1, Block 1 of Union Gardens (also described as 6420 S 101st E Ave, Tulsa), commonly referred to in the meeting as the Luxe Cheer building, with a proposed total purchase price of $2,300,000 from bond funds and $23,000 in earnest money.

Staff said the roughly 21,000‑square‑foot metal building is currently occupied by two tenants and sits across from Sanders Field. The district has hired CJC Architects to assist with due diligence, including structural review, slab and construction document evaluation, and an appraisal scheduled about three weeks after the meeting. The contract includes an appraisal contingency: if the appraisal does not come within 93% of the offer price, the district will renegotiate with the seller.

Staff said tenants’ leases expire in March and June 2026 and that, if purchased, the district expects to continue leasing arrangements until remodels are funded. District staff estimated renovation costs between $3.5 million and $4.5 million for conversion to practice facilities, locker rooms and offices and said parking and certain remodel items will need work. The board approved paying $23,000 earnest money and authorized the superintendent or designee to execute the contracts and due diligence agreements; the motion passed unanimously.

Staff characterized the purchase as a lower‑cost alternative to building a new seventh‑grade gym, which had been estimated at $10–11 million, and said the property could provide several dedicated practice spaces for spirit groups and other programs.