I’m not really sure what type of business ventures you can classify as wasteful spending.
I think a lot of the time you have to look who the person behind the venture is to get a true indication of what type of success deals can have.
The Oklahoman is reporting that Thunder all-star forward Kevin Durant is preparing to open up a restaurant in the Lower Bricktown section of the city.
The restaurant would be located just a short walk from the teams Chesapeake Energy Arena.
Reports are that the restaurant is being developed by Randy Hogan, and would be operated by the Hal Smith restaurant group.
Building permits filed this week show that the estimated $700,000 restaurant would be one story, 10,000 square feet, and would be just west of a restaurant run by country star Toby Keith.
The eatery which would overlook the Bricktown Canal, is awaiting approval from the Oklahoma City Urban Renewal Authority, which is set to meet on April 18.
Durant for his part is extremely excited about the venture.
“It’s going to be cool,” Durant said Friday before the Thunder’s game against the Indiana Pacers. “We’re breaking ground, I think, on the 26th of April. So it should be up probably before the beginning of next season. I’m looking forward to it.”
The restaurant according to Durant would be a mix between an upscale restaurant and a sports bar.
“It was a deal I couldn’t pass up,” Durant said. “That’s something in Oklahoma City that I always wanted to do … No matter what’s going to happen, my name is going to be clear, and I’m not putting up money or nothing like that. So it was a perfect deal.”
We hear stories all the time about restaurants and businesses failing, but if there’s one that can be successful, it’s Durant’s in that city.