08/21/2026
As a prospective new owner seeks $3 million in public funds to renovate and repurpose the historic Gold Dome at NW 23rd and Classen, a Sheriff’s sale is scheduled for September 1st due to a foreclosure action by Chickasaw Community Bank.
The property was purchased in 2015 by current owner Golden Opportunity LLC led by local developer Jonathan Russell. Since then the only work performed was to demolish the old bank drive-thru canopy which was deemed not to be historically significant.
In December 2025, OKCTalk was first to report a request for $3 million in Tax Increment Financing was made by a group led by Mike Brown of Tulsa, who sought to convert the property into a live music venue.
That plan seemed to stall until this week when the $3 million ask again went before the Economic Development Trust, which they approved with little discussion.
From all indications, Russell seems to be racing the clock to stave off the September 1st sale.
This is the chronology of the events surrounding the Gold Dome:
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1958: Built by Citizens State Bank. 27,000 square feet
3/29/03: David Box buys for $1.1 million from bank
3/13/13: Box applies for demolition permit; City denies
June 2013: TEEMCO “buys” property and promises renovation (they never really bought it)
10/2/14: OKCTalk expose on TEEMCO; business and deal completely collapses
5/5/15: Russell buys from David Box for $1.1 million
8/21/17: Bank2 Mortgage $912,622
10/29/19: Canopy demolition permit
4/21/20: Modified mortgage to $1,324,661
5/8/20: CCB Promissory Note $207,688 with power of sale
March 2021: Temple Live developed renderings
12/12/24: $3M TIF grant shows up on EDT agenda; OKCTalk article
12/13/24: Mike Brown press release
12/15/25: Bank2 note is in default $1,163,195; CCB note in default $206,504
11/18/25: Petition for foreclosure
6/5/26: Default judgment
$1,163.195 plus unpaid interest
$206,504 plus unpaid interest
7/21/26: Independent appraisal of $900,000
8/7/26: Publication in Journal Record
8/18/26: EDT Meeting. Development financing not to exceed $3M for Gold Dome Project.
“Rehabilitation of the historic Gold Dome building, with a destination hospitality and entertainment concept expected to include restaurant and bar operations, a dance hall, and live entertainment; with $9,317,500 in private capital investment in downtown Oklahoma City. (TIF)” “GOLT funding loaned to the TIF.”
9/1/2026: Sheriff’s sale at 9 AM; minimum bid of $600,000 with no reserve