View Full Version : Mystery Tower( speculation, news and ideas) post here!
Just the facts 02-13-2012, 11:38 PM No they have not read this OP-ED from CEO: http://www.chicagotribune.com/news/opinion/ct-perspec-0212-caterpillar-20120212,0,6505309.story
The CEO also said this:
SPRINGFIELD — The chairman and CEO of Peoria-based Caterpillar Inc. is raising the specter of moving the heavy equipment maker out of Illinois.
In a letter sent March 21 to Gov. Pat Quinn, Caterpillar Chief Executive Officer Doug Oberhelman said officials in at least four other states have approached the company about relocating since Illinois raised its income tax in January.
“I want to stay here. But as the leader of this business, I have to do what’s right for Caterpillar when making decisions about where to invest,” Oberhelman wrote in the letter obtained Friday by the Herald & Review’s Springfield Bureau. “The direction that this state is headed in is not favorable to business, and I’d like to work with you to change that.”
Oberhelman said he’s being actively courted to move.
“I have been called, ‘cornered’ in meetings and ‘wined and dined’ — the heat is on,” Oberhelman wrote. “Before, I never really considered living anywhere else and certainly never considered the possibility of Caterpillar relocating. But I have to admit, the policymakers in Springfield seem to make it harder by the day.”
Caterpillar spokesman Jim Dugan said the letter was designed to show Quinn that Oberhelman wants to be involved in finding solutions that benefit the company, which employs 23,000 people in Illinois.
“I view it as an olive branch to offer our help,” Dugan said.
Read more: Caterpillar boss warns of wooing by other states http://herald-review.com/news/local/article_02ceb836-5766-11e0-8ad1-001cc4c03286.html#ixzz1mKdDA3op
From the Herald & Review
So he got his seat at the table - we'll see what he does with it.
Thundercitizen 02-14-2012, 01:08 AM Speaking of Steve...
Downtown Oklahoma City skyline is set for more growth (http://newsok.com/downtown-oklahoma-city-skyline-is-set-for-more-growth/article/3648714#ixzz1mJcRn4w8)
Heh, "mystery tower"... where'd he possibly get that term? Aww shucks, you're welcome.
http://www.okctalk.com/showthread.php?t=25997&p=506779#post506779
So should we start a thread entitled "Mystery Tower", later to be renamed?
Thundercitizen 02-14-2012, 01:20 AM I really do love it when you post, dmoor.
Agreed.
Two of my favorite Tony-Robbins-disciple posters:
dmoor82
http://www.okctalk.com/showthread.php?t=28630&p=508593#post508593
and
Hot Rod
http://www.okctalk.com/showthread.php?t=25997&p=502100#post502100
mrktguy29 02-14-2012, 02:47 AM People scoffed when I drew the comparison to Charlotte of 15 years ago but I stand by it. There is a lot to say about raising the bar and for momentum.
OKC currently has more going on it's downtown than all but a few of the biggest cities in the U.S.
I know there can be lots of complaining about the things done here and they way they are handled, but the bottom line is that things ARE getting done and it seems we are just getting started.
I have a friend via Facebook who lives in Charlotte and is always posting pictures of the skyline and commenting on how much her loves it. He has made comments about photos I have shared on FB from this site, I have friends from DFW, Denver, NYC and LA who have loved watching the Devon Tower go up. One guy from Denver was surprised we had skyscrapers - since he visited last he always comments on the latest photo I post of the progress.
HOT ROD 02-14-2012, 04:18 AM I have a friend via Facebook who lives in Charlotte and is always posting pictures of the skyline and commenting on how much her loves it. He has made comments about photos I have shared on FB from this site, I have friends from DFW, Denver, NYC and LA who have loved watching the Devon Tower go up. One guy from Denver was surprised we had skyscrapers - since he visited last he always comments on the latest photo I post of the progress.
honestly, I think it is pretty stupid if somebody over the age of 16 that doesn't live under a rock, doesn't know OKC has skyscrapers. I mean, the city does have over 1.3m. .... Is Denver all that - that this person thinks it is the only city in this region with skyscapers not named Dallas or KC?
Maybe this proves that people in the USA need to get out or at least turn on the freaking TV and see the OKC skyline during NBA games. ...
Bellaboo 02-14-2012, 08:19 AM Just throwing this out there.......... the Gaylord family sold out and more than likely are setting on more cash than we could imagine. Is it possible they are involved ? Maybe a spec tower ? At one time, they owned the Oklahoma Tower.
Just a thought to add to the hysteria.
lasomeday 02-14-2012, 08:24 AM Just throwing this out there.......... the Gaylord family sold out and more than likely are setting on more cash than we could imagine. Is it possible they are involved ? Maybe a spec tower ? At one time, they owned the Oklahoma Tower.
Just a thought to add to the hysteria.
They still have offices in the Oklahoma Tower.
I like Steve's idea of having a skyscraper at 4th and Gaylord....what what.... A Gaylord skyscraper at the end of Gaylord Blvd?
G.Walker 02-14-2012, 08:26 AM If construction starts on the new skyscraper this year, we should get an official announcement soon. Especially if the new skyscraper is going on the Preftakes block, they would need to get something in front of the DDRC soon for demolition of buildings, and then get final approval from City council, this process could take a few months. Then the demolition of the buildings could take a few months. So at best, we could see construction starting in the Fall.
lasomeday 02-14-2012, 08:26 AM How long did it take for the Devon approval process to happen before their construction started?
bombermwc 02-14-2012, 08:33 AM I just hope that we don't get made a joke of again. Time and time we are used as a pawn for a company to get a deal from their current city. Sports franchises did it, other companies have done it....it sure would suck to have it be of the cailber of a skyscraper.
G.Walker 02-14-2012, 08:47 AM How long did it take for the Devon approval process to happen before their construction started?
I am not sure about the approval process but the official announcement about Devon Tower was in March of 2008, the Devon Energy press conference releasing renderings was 5 months later in August of 2008, and groundbreaking ceremony was over a year later in October of 2009.
lasomeday 02-14-2012, 08:50 AM I just hope that we don't get made a joke of again. Time and time we are used as a pawn for a company to get a deal from their current city. Sports franchises did it, other companies have done it....it sure would suck to have it be of the cailber of a skyscraper.
Why are you such a negative Nellie!
If we do, then something better will become of it. Look what happened when United Airlines Maintence Center said, "no thank you OKC". We are going to Indianapolis. We voted MAPS I to improve the quality of life in OKC. That was the best thing that ever happened to us. Later United Airlines closed the Maintenance center, but we still have MAPS. And we have the Thunder, which is 10 times better than any NHL team in my opinion!
So, if a company turns us down and the Chamber/State learn from what happened then I am OK with it.
G.Walker 02-14-2012, 08:55 AM As for the company, have we forgot about Boeing? They are an international company, and they have strong presence in Oklahoma City. Moreover, they have a good relationship with City leaders and the Chamber. With that being said, there still has been no announcement of where they will house the 1,000 jobs coming here. I can easily seem them relocating their North American headquarters from Chicago to Oklahoma City. Governor Fallin recently restored the Aerospace Industry Engineer Workforce Tax Credit for Oklahoma.
lasomeday 02-14-2012, 09:03 AM Boeing just moved to Chicago. I don't see them making a move anytime soon. Well not until the President is not from Chicago.
plmccordj 02-14-2012, 09:03 AM Since the process took over a year last time and there is no reason to think it would be any different this time, wouldn't this mystery company already have submitted the necessary documents to city officials to start this year? If I am not mistaken, city meetings are open for public review and somewhere there would be a record of this meeting or two taking place in the past. If these have not happened, then it is hard to believe that construction would start this year.
What do you think?
G.Walker 02-14-2012, 09:21 AM Boeing just moved to Chicago. I don't see them making a move anytime soon. Well not until the President is not from Chicago.
Just moved? lol...I don't consider 11 years as just moved...they have been in Chicago since 2001, then you add another 2 years for construction, and another 1 year for employee transition, you are looking at 14 years.
G.Walker 02-14-2012, 09:28 AM Since the process took over a year last time and there is no reason to think it would be any different this time, wouldn't this mystery company already have submitted the necessary documents to city officials to start this year? If I am not mistaken, city meetings are open for public review and somewhere there would be a record of this meeting or two taking place in the past. If these have not happened, then it is hard to believe that construction would start this year.
What do you think?
Every company is different, and Devon Tower was a totally different animal. This new skyscraper has probably been in the works for years, and its just now starting to come to fruition. As long as it has support from the City, it wouldn't take long to get the ball rolling. But if it meets some resistance, then it could be a while.
Since the process took over a year last time and there is no reason to think it would be any different this time, wouldn't this mystery company already have submitted the necessary documents to city officials to start this year? If I am not mistaken, city meetings are open for public review and somewhere there would be a record of this meeting or two taking place in the past. If these have not happened, then it is hard to believe that construction would start this year.
With Devon, nothing was made public until after the press conference when they unveiled the tower.
It still had lots of necessary steps to go through, but they had their act together and those things happened pretty quickly.
king183 02-14-2012, 09:41 AM I can understand why Steve thinks it might be a possibility that two buildings will go up, one on the Preftakes block and one at the Chamber grass site. We've heard for a long time that Devon was taking particular interest in the Preftakes block due to its proximity to their new HQ, so it's entirely possible that they, Devon, not another corporation, plans on building something there that will benefit their employees (perhaps residential) or as a tower for businesses they want to come OKC and work with closely.
That would mean the new corporate HQ could go on the Chamber's land. It's easily attainable from the Chamber, very little demolition is required, there's room there for a parking garage, and it's close to a ton of amenities for employees (restaurants, YMCA, apartments, condos, townhouses, etc). If a new, large HQ is built there, I wonder if the Skirvin would want to move forward on building a second hotel tower.
With that said, I haven't heard that the Chamber is no longer interested in building their HQ there, so, of course, that's pure speculation.
lasomeday 02-14-2012, 10:01 AM I can understand why Steve thinks it might be a possibility that two buildings will go up, one on the Preftakes block and one at the Chamber grass site.
I really like the grass site. The odd shape could inspire a unique design for the building. It would be pretty cool to have a triangle shaped base that was somehow construed to the top with some sort of twisting or curving design in glass.
Just the facts 02-14-2012, 10:03 AM With Devon, nothing was made public until after the press conference when they unveiled the tower.
It still had lots of necessary steps to go through, but they had their act together and those things happened pretty quickly.
And the only reason that press conference had to occur is because it was being built on land put out for bid by OCURA. Devon was the only bidder if I recall.
SharkSandwich 02-14-2012, 10:17 AM Yes, this is a bit Ferris Bueller at 31 flavors, but my boss is VERY plugged in to the energy industry. Right now, a prominent energy services group based in Midland who has a small presence (15-20 employees) in OKC is looking to move their current OKC office. They are considering Gallardia or the outskirts of downtown. He said that there is a lot of pressure for this office to move downtown because of the presence of DVN, CLR and SD. But he went on to say that company reps mentioned a strong possibility of another sizable energy company locating downtown in the near future.
I'm not sure this really adds much to this thread. I just thought it was interesting considering my boss does not dabble in downtown development rumors/speculation. He was the last guy I expected to hear mention a rumor of a new, sizable downtown energy tenant.
Just some more specualtion for the fire.
plmccordj 02-14-2012, 10:19 AM Pete,
Maybe I am missing what you are saying or you are misunderstanding what I am asking. You said that with Devon “nothing was made public until after the press conference when they unveiled the tower” but yet it took more than a year after they went public before they started building. It seemed that you were implying that a lot of work had already been done behind the scene but it still took over a year after the press conference. Am I missing something?
With this new “mystery tower” people are talking about it starting construction this year when this company has not even acknowledged that a tower will be built at all. My point is that if it is going to start construction THIS year, something must have been going on behind the scene. It is difficult for me to see all this planning, obtaining city approval, engineering, logistics planning etc could be going on without a single meeting with city officials.
I am just wondering if it is even possible to be this far along in the process without having obtained some sort of consultation, approval of some sort with the city council or committee. If this is true, then maybe these records can be found.
I am not disagreeing that something is going on, just wondering if there may be a record of it.
SharkSandwich 02-14-2012, 10:22 AM According to a video I have seen narrated by Larry Nichols, the decision to build the Devon Tower was made in 2006 and the official announcement was made in 2008.
BoulderSooner 02-14-2012, 10:22 AM Pete,
Maybe I am missing what you are saying or you are misunderstanding what I am asking. You said that with Devon “nothing was made public until after the press conference when they unveiled the tower” but yet it took more than a year after they went public before they started building. It seemed that you were implying that a lot of work had already been done behind the scene but it still took over a year after the press conference. Am I missing something?
With this new “mystery tower” people are talking about it starting construction this year when this company has not even acknowledged that a tower will be built at all. My point is that if it is going to start construction THIS year, something must have been going on behind the scene. It is difficult for me to see all this planning, obtaining city approval, engineering, logistics planning etc could be going on without a single meeting with city officials.
I am just wondering if it is even possible to be this far along in the process without having obtained some sort of consultation, approval of some sort with the city council or committee. If this is true, then maybe these records can be found.
I am not disagreeing that something is going on, just wondering if there may be a record of it.
if this is to be built on a private owed site in the CBD the only approval it would require is the demo permits for the existing buildings .. and DDR to ok the "look" of the building .... and those things would not take much time
Fair points!
The Devon unveiling was 8/20/08 and ground breaking wasn't until October 2009.
catch22 02-14-2012, 11:05 AM Yes if the land is privately owned you could do all of the site engineering, planning, etc. without having to even speak to the city until you are ready to demolish buildings or start construction, and obtain permits to do so. And given the opportunity of a new tower, obtaining approval, would be more of a administrative paperwork function to make it "legal" -- I doubt any of the city departments would kill a new tower.
If someone was looking to demolish historical buildings, you can bet they'd have their act together and ready to go before trying to get approvals.
But remember, when Devon made their announcement they have very detailed plans already in place; they even provided cutaway drawings of the tower, floorplans, etc. Pickard Chilton had already done the design, they had hired a contractor and landscape architect, etc. And it still took them over a year to break ground.
catch22 02-14-2012, 11:15 AM If someone was looking to demolish historical buildings, you can bet they'd have their act together and ready to go before trying to get approvals.
But remember, when Devon made their announcement they have very detailed plans already in place; they even provided cutaway drawings of the tower, floorplans, etc. Pickard Chilton had already done the design, they had hired a contractor and landscape architect, etc. And it still took them over a year to break ground.
That is true...perhaps the land was caught in the middle of the OCURA/OKC paperwork jungle? Or did Devon already purchase the land and have it in title when they revealed their announcement? In other words did they unveil their full design before securing the ground space?
The OCURA part went very quickly.
Remember, they took a bunch of time to fully program their space and decided to locate their data center and records storage near the airport, and they ultimately reduced the height of both the tower and garden wing as a result.
G.Walker 02-14-2012, 11:39 AM We shouldn't compare the Devon Tower construction timeline to this mystery tower. Devon Tower is a larger project, more expensive, and originated from a different economic standpoint. We don't know what has been going on behind the scenes, so we shouldn't base future skyscraper developments against the Devon Tower development. Every company is different with different issues.
catch22 02-14-2012, 11:42 AM Considering we have nothing else to really go by....I think we'll be okay.
Teo9969 02-14-2012, 11:45 AM I wouldn't think anyone here would be disappointed if the plans were announced this year and the building started on 2013...As long as the building indeed starts in 2013, and the final product is relatively close to the renderings/specifications originally released.
Steve 02-14-2012, 11:48 AM Flashback (written before any of these deals took place):
Who will take over Kerr-McGee office space?
Multiple sources confirm deals are in the works
By Steve Lackmeyer
Business Writer
Friday, July 6, 2007
Edition: CITY, Section: BUSINESS, Page 1B
ANALYSIS
One year after Kerr-McGee Corp. was acquired by Houston-based Anadarko Petroleum, its downtown Oklahoma City campus is empty, its fate still unknown.
But a deal could be announced soon that is expected to trigger the potential development of three new downtown headquarters for SandRidge Energy, Devon Energy Corp. and American Fidelity Assurance Co.
The official stance from Anadarko Petroleum is that there are no pending buyers for the now-empty, former Kerr-McGee headquarters at 123 Robert S Kerr Ave. and that the property remains for sale.
But multiple sources confirm a deal is imminent that would allow SandRidge Energy to move from its temporary digs at 1601 Northwest Expressway into the 30-story McGee Tower.
From the moment Tom Ward bought Riata Energy and moved it from Amarillo to Oklahoma City, the renamed company has made its intentions clear to grow and find a permanent home either downtown or in a suburban campus setting.
In March, the company reported employing 1,600, including more than 200 at its headquarters. A move by SandRidge to McGee Tower would be a welcome relief among downtowners who still are struggling with an office vacancy rate that hasn't dipped below 25 percent in almost two decades.
But the stakes on this deal go beyond McGee Tower.
With the sale of Kerr-McGee last year, Devon Energy became downtown's undisputed leading corporate resident. The company is spread out among four downtown buildings, including Mid-America Tower and Chase Tower, and rumors have persisted for the past few years that the company might build a new downtown office tower to consolidate its operations.
Human relations consultant Jim Farris said a company can benefit from having a highly visible headquarters. He recalled his days at Wachovia Financial when the company's 30-story tower in Winston-Salem, N.C., became the tallest in that city when it opened in 1995.
"You could see that building for miles," Farris said. "And that helped in recruiting employees, especially in a smaller town like that. It's always nice when you drive into major cities, and you see 'XYZ Company' on it, and you know that's their building."
Office vacancy
Devon Chief Executive Officer Larry Nichols has been tight-lipped about any possible move, but when Kerr-McGee's fate became known last year, Nichols dismissed a move to McGee Tower saying it's too small to be considered for a new Devon headquarters.
Some who know Nichols privately say he is reluctant to build a new headquarters if it would further weaken the downtown office market.
The loss of Devon from its existing space would be noticeable.
The company employs 1,200 people spread out in three buildings: 14 floors of Mid-America Tower, 16 floors of the 34-story Chase Tower and five floors at the 14-story Corporate Tower. The company also leases two floors at First National Center that are used for files and storage.
But the market has improved in recent months, and Brett Hamm, president of Downtown Oklahoma City Inc., said 60 percent of downtown's 25 percent vacancy consists of Class C space that needs to either be renovated or converted into housing or other uses.
Hamm concludes the downtown Class A and Class B office spaces are in good shape compared to the rest of the city.
A source involved in a potential Devon Tower project has told The Oklahoman that Nichols is preparing to move ahead with construction but is awaiting a resolution to McGee Tower.
"That's crucial," said Tim Strange, a commercial real estate agent with Sperry Van Ness, who is among those keeping a close eye on the market. "We need to fill up that building, and we need to fill up First National. You've got 450,000 square feet empty at Kerr-McGee, and 350,000 square feet at First National."
Strange said even with a potential move by SandRidge into McGee Tower, a new Devon Tower would leave downtown with one block of empty space replacing another.
"The chamber (of commerce) says large prospects are out there," Strange said. "They've shown us the numbers, and I agree they are out there. But the challenge has been for us to provide large blocks of continuous space."
American Fidelity
A more immediate prospect may be the final key.
Nichols, whose commitment to downtown includes serving as chairman of the Greater Oklahoma City Chamber and as an Urban Renewal commissioner, and who is involved in numerous civic sponsorships, may be further reassured about maintaining a stable office market by the prospect of American Fidelity Assurance Co. being the third domino to fall in this scenario.
American Fidelity employs 1,500, including 1,000 at its Oklahoma City headquarters at NW 20 and Classen Boulevard. The company previously acknowledged an interest in buying McGee Tower. Or it could consider moving into Devon's current space, or build a downtown headquarters, as well.
Strange points out a Devon Tower, once announced, would take at least two years to come to fruition. A scenario that brings both SandRidge and American Fidelity to downtown, with Devon building a new tower, has Strange wondering whether such momentum could attract other companies downtown to take up any remaining space.
"That will have people talking," Strange said. "But in the overall scheme, if they do it, if Devon builds a new tower, are we better off? I don't know. But if SandRidge comes in, yes, absolutely, we're better off."
City hall
Add one more element into this entire scenario: city hall in recent months has been very aggressive in promoting downtown office space, agreeing to parking subsidies to convince two companies to move into downtown office space. Its most recent deal resulted in Simons Petroleum moving its 150-employees from suburban offices to space last occupied by the NBA Hornets at downtown's Oklahoma Tower.
Pending lawsuit
So what's the hold-up on all these deals?
Part of the former Kerr-McGee downtown campus is clouded by a lawsuit that has waged this past year between Anadarko Petroleum and partners in the failed Braniff Towers development. The project, which Kerr-McGee announced two years ago, called for renovation of three empty buildings on the campus, including the former headquarters of Braniff Airlines, into housing.
The trial was to begin in April but was pushed back to Sept. 11 following the case's reassignment to a new judge.
The lawsuit, filed last July by Corporate Redevelopment Group LLC, seeks $8 million in damages alleging Kerr-McGee and Anadarko violated terms of the development deal.
Those watching the case closely include Hamm, who previously urged both sides to settle the case quickly to avoid adding about 500,000 square feet to downtown's vacancy rate.
"I am very disappointed as it's important to resolve this case in the most expeditious manner as possible," Hamm said. "I am hopeful that interested buyers are not dissuaded by this delay in the process and that we are able to ensure progress regarding a permanent tenant for the Kerr-McGee building."
kevinpate 02-14-2012, 11:50 AM I wouldn't be disappointed if it dinna begin until 2015 or later. I'm slowly learning patience. It's starting to be less irritating than it used to be.
G.Walker 02-14-2012, 11:56 AM So Steve, when could we "expect" an official announcement?
Bellaboo 02-14-2012, 12:23 PM This kind of puts American Fidelity back into the picture. IMO
king183 02-14-2012, 12:25 PM So signs seem to point to American Fidelity.
BoulderSooner 02-14-2012, 12:35 PM that was from 2007
Skyline 02-14-2012, 12:37 PM This kind of puts American Fidelity back into the picture. IMO
So signs seem to point to American Fidelity.
That is the way I am reading this too, 2 of the 3 mentioned, have made their move.
Steve may be trying to tell us something without actually saying anything. Although this doesn't answer the question of "Out of State, International, World, North American" (take your pick), etc, ... corporate Justin Beiber crazed fan HQ's that is also being brought up.
But it does illustrate that American Fidelity has been interested in a downtown HQ for some time.
G.Walker 02-14-2012, 12:44 PM I am beginning to realize there might be two skyscrapers going up, one from local company, and the other from an out of state company. With one that Steve mentioned in his article, that has gained the most ground and getting close to announcement.
Richard at Remax 02-14-2012, 12:56 PM It is not american fidelity. My aunt who is a higher up told me last week that they have been begged to come to downtown for the past year or so, but want to stay put. of course anything can happen
SharkSandwich 02-14-2012, 01:00 PM I feel like a mule, with Steve on my back dangling a carrot on a string in front of my nose!
G.Walker 02-14-2012, 01:04 PM I feel like a mule, with Steve on my back dangling a carrot on a string in front of my nose!
:kicking:
GaryOKC6 02-14-2012, 01:27 PM There are two companies that have OKC on their short list and are suposed to announce a decision with in the next 30 days. At this point, it is likely they will chose OKC.
ChaseDweller 02-14-2012, 01:28 PM A few posts back, there was some speculation about some tenant taking Devon's space. Just FYI, we have been told by Chase Tower management that the building is fully leased, even after Devon leaves. Much of that space is being taken by Continental Resources, but there are other tenants as well. I'm hearing Continental is out of space already and may be thinking of building its own tower and selling the old Devon building when it is done. The "grassy knoll" former chamber site would be perfect.
CD
OKCisOK4me 02-14-2012, 01:28 PM It is not american fidelity. My aunt who is a higher up told me last week that they have been begged to come to downtown for the past year or so, but want to stay put. of course anything can happen
FYI, aunts have been known to lie.
I said it before and I'll say it again... my prediction is for a two tenant tower. AF/Midfirst sounds good!
A few posts back, there was some speculation about some tenant taking Devon's space. Just FYI, we have been told by Chase Tower management that the building is fully leased, even after Devon leaves. Much of that space is being taken by Continental Resources, but there are other tenants as well. I'm hearing Continental is out of space already and may be thinking of building its own tower and selling the old Devon building when it is done. The "grassy knoll" former chamber site would be perfect.
This would not surprise me, as Devon's old building isn't that big and CLR has very ambitious growth plans.
The building they are buying is considerably smaller than SandRidge Tower, and SR is not only taking all of that space, but the Braniff Building, a new amenities building and will be constructing a new tower as well.
Steve 02-14-2012, 01:33 PM Worthy Cook, your aunt probably has not been privy to some discussions....
There are two companies that have OKC on their short list and are suposed to announce a decision with in the next 30 days. At this point, it is likely they will chose OKC.
There have been lots of rumors about a large company moving to OKC and that the Chamber was hoping to announce the specifics in the 1st quarter of this year.
G.Walker 02-14-2012, 01:35 PM My prediction CLR builds skyscraper on the Gaylord Blvd. site, and Boeing builds skyscraper on Preftakes block.
Richard at Remax 02-14-2012, 01:37 PM Worthy Cook, your aunt probably has not been privy to some discussions....
Fine by me, Id love for her to be wrong
G.Walker 02-14-2012, 01:48 PM Getting an official announcement in the next couple months would be nice....
jedicurt 02-14-2012, 01:50 PM is Continental Resources that large? last market analysis i saw for them still had them listed as having fewer than 500 total employees, and last march only about 250 were told that they would be moving to OKC... the 307,000 sq ft of the old "Devon" Building seems more than able to handle that load. and as for the comparison to SandRidge filling a much larger building, they have some 2,200 employees (yes i know not all of these are office employee's) so one would think that a company almost 5 Times as large as Continental would easily fill a building that is less than twice as big (SandRidge 490,000 sq ft)
OklahomaNick 02-14-2012, 01:53 PM My prediction CLR builds skyscraper on the Gaylord Blvd. site, and Boeing builds skyscraper on Preftakes block.
Boeing is NOT building downtown.
They have plenty of room to expand out where they are and they want to be close to their customer; Tinker Air Force Base!
Good points, jedicurt.
About a year ago Hamm said their plans were to triple their workforce in five years. They are probably well on their way to making that happen.
Also, remember that there is a large law tenant in the old Devon building, so CLR will only have about 200,000 square feet to work with and that would not be enough for 750 employees, let alone growth beyond the five-year term.
As we've seen, it takes about four years for a building to go from announcement to occupancy. Part of their plan could be to build a large structure then grow into it, leasing out space until they need it.
Just speculation, but some things to consider.
Bellaboo 02-14-2012, 01:57 PM is Continental Resources that large? last market analysis i saw for them still had them listed as having fewer than 500 total employees, and last march only about 250 were told that they would be moving to OKC... the 307,000 sq ft of the old "Devon" Building seems more than able to handle that load. and as for the comparison to SandRidge filling a much larger building, they have some 2,200 employees (yes i know not all of these are office employee's) so one would think that a company almost 5 Times as large as Continental would easily fill a building that is less than twice as big (SandRidge 490,000 sq ft)
CLR said their ambition was to triple in just a few years. Which would put them around 750 - 800.
Steve 02-14-2012, 02:02 PM Guys, I want to throw some caution out now. What I'm hearing from my sources is that planning is underway for a new building and that a new headquarters is coming to downtown Oklahoma City. I also want to point out, however, that we are in a very turbulent economy. It's just as possible that nothing will happen.
BoulderSooner 02-14-2012, 02:02 PM There are two companies that have OKC on their short list and are suposed to announce a decision with in the next 30 days. At this point, it is likely they will chose OKC.
this will be huge news ..... what size companys are we talking about??
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