Medium PriorityDevelopmentopen

Peak Development restaurant clawback

Summary

The developer missed its June 2025 deadline for a sit-down restaurant, which could let the city buy the property back. Staff say they're close to deciding whether to pull the trigger.

At a glance

Total mentions: 1
Last 30 days: 0

Last discussed Mar 24, 2026.

Impact analysis

💰Financial impact

If the clawback is used, the city could buy the land back and seek a new developer.

✅Who benefits

Residents could gain a restaurant either from this developer or a new one.

⚠️Who could be affected

The developer risks losing the property if it can't land a restaurant soon.

Mentions & discussions (1)

MeetingMar 24, 2026

Broken Arrow Economic Development Authority on - Mar 24, 2026

The developer missed its June 2025 deadline for a sit-down restaurant, which could let the city buy the property back. Staff say they're close to deciding whether to pull the trigger.

Related development

under-review

Peak Development

New fast food and banking are coming, but the promised sit-down restaurant remains unresolved.

We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.

The weekly brief for Broken Arrow

What the council decided, in plain English — one email a week.

Free. Unsubscribe with one click any time. We never sell your email.