http://www.okctalk.com/images/pete/oak041423a.jpg

http://www.okctalk.com/images/pete/oak042223a.jpg

http://www.okctalk.com/images/pete/oak042223a.jpg

Just drove past. The scale of it is very impressive from NW Expressway. What a difference this will make.

On another note, it's a shame that large parcel across May from Target is going to be fast food joints. It would make an amazing residential / mixed-use development. Really wish developers had better land-use imagination sometimes.

They’re teasing an incoming announcement of some kind on their Instagram page. Wonder what it is…

They’re teasing an incoming announcement of some kind on their Instagram page. Wonder what it is…

IKEA to anchor phase 2?

IKEA to anchor phase 2?

This is not the kind of development that is going to have an IKEA.

That belongs somewhere off I 235 North or Memorial Road.

They’re teasing an incoming announcement of some kind on their Instagram page. Wonder what it is…

I asked and it's nothing major...

I suspect it will be something like the green space landscaping.


They should have a couple of announcements in the near future, but that tease has nothing to do with what I already know (but can't share just yet).

The landscaping piece is one of the reasons I love this development. The open space will be great. Add in a few trees, and it will make the space even better.

And I have no doubt the tenants Pete knows about are top-notch, as well!

I asked and it's nothing major...

I suspect it will be something like the green space landscaping.


They should have a couple of announcements in the near future, but that tease has nothing to do with what I already know (but can't share just yet).

Thanks! That makes sense... especially given that, in the pics they used for the tease... they covered several store brand names with clipart pics of foliage and produce. Lol!

Thanks again!

http://www.okctalk.com/images/pete/oak042823a.jpg

So excited for this project.

They are absolutely hauling now.

Good lord this is fast. The apartment complex is going up like a rocket. This is how real developers do it. Extremely impressive.

http://www.okctalk.com/images/pete/oak050523a.jpg

They’re cookin’

http://www.okctalk.com/images/pete/oak051323a.jpg


http://www.okctalk.com/images/pete/oak051323b.jpg

Any" new" updates on new to market stores coming to this development. When do they plan on bulldozing the car wash?

Any" new" updates on new to market stores coming to this development. When do they plan on bulldozing the car wash?

There are some more announcements coming but I don't know when.

The car wash will stay in operation for several more years. I suspect nothing will happen there until OAK is almost fully finished.

There are some more announcements coming but I don't know when.

The car wash will stay in operation for several more years. I suspect nothing will happen there until OAK is almost fully finished.
More coming??? I drive by this for the first time in 3 weeks or so. They must’ve brought in some real professionals. They are hauling. Really really makes other projects look bad or poorly managed.

More coming??? I drive by this for the first time in 3 weeks or so. They must’ve brought in some real professionals. They are hauling. Really really makes other projects look bad or poorly managed.
I dont think it's poor management as much as it is the money simply being there in full, and supply distributors getting paid a premium to deliver their materials within a priority queue. This project seems to have a lot of sponsors and prospective tenants, so the money is there in abundance.

Of course I could be mistaken, but a lot of things seem to get put on back order while larger projects elsewhere keep pressing ahead with full steam.

I dont think it's poor management as much as it is the money simply being there in full, and supply distributors getting paid a premium to deliver their materials within a priority queue. This project seems to have a lot of sponsors and prospective tenants, so the money is there in abundance.

Of course I could be mistaken, but a lot of things seem to get put on back order while larger projects elsewhere keep pressing ahead with full steam.

I would agree that this project seems to be quite well managed except for one aspect: the dirt. The rain has taken care of the dust issue over the past couple of weeks, but in April it was creating a driving hazard on NW Exp. I may be more sensitive to this than most, but I lived in Vegas for several years where there was an ordinance requiring builders to proactively prevent dust conditions on construction sites with water trucks and other methods. Probably too much to hope for here, but it sure would be nice for those of us who either live nearby or prefer to drive with our windows open.

It may have already been mentioned prior - who is the general contractor on this site? Assuming it's one or is there multiple between the apartment/hotel? And architecture firm too?

Any idea if they are using pre-made panels or anything else to move the apartment construction faster? The Santa Fe Square apartments in Tulsa are using pre-made panels for construction and it's not moving nearly as fast as this seems to be so it's impressive. Any idea if they are partnering with a third party apartment developer as well like Greystar, JPI, etc.?

I would agree that this project seems to be quite well managed except for one aspect: the dirt. The rain has taken care of the dust issue over the past couple of weeks, but in April it was creating a driving hazard on NW Exp. I may be more sensitive to this than most, but I lived in Vegas for several years where there was an ordinance requiring builders to proactively prevent dust conditions on construction sites with water trucks and other methods. Probably too much to hope for here, but it sure would be nice for those of us who either live nearby or prefer to drive with our windows open.

That was during an extended dry stretch in a normally-wet time of year. But I agree GC's should be watering any large dirt areas. When I worked in Denver they did this or risked getting fined by the city.

That was during an extended dry stretch in a normally-wet time of year. But I agree GC's should be watering any large dirt areas. When I worked in Denver they did this or risked getting fined by the city.
In LA they have signs posted with numbers you can call if there’s too much dust.

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So it looks like the apartments over retail will wrap around the parking garage to the south, but it doesn't look like the west portion of the apartments have been started yet and there isn't a ton of space there to build more apartments.

Contractor is Vincit Construction, they're known in the industry to have a few shady partners but overall good builders. I'm unsure about the prefab walls at the apartment building, but it appears that it is not prefab as the prefab walls typically come with the exterior finish already applied.

OKC does require dust erosion control, it's just not as well monitored as other cities, probably due to lack of funding and employees. Norman is much better at keeping contractors in check when it comes to erosion control. Contractors can typically be fined after a few warnings.

So it looks like the apartments over retail will wrap around the parking garage to the south, but it doesn't look like the west portion of the apartments have been started yet and there isn't a ton of space there to build more apartments.
Is that building on the far right corner as you pointed out going to built?

Does anyone know what the very large hole is for between the the hotel and apartments? I can't tell from the renderings. It looks to be 8 to 10 feet deep, and as big as the base of the hotel.

Does anyone know what the very large hole is for between the the hotel and apartments? I can't tell from the renderings. It looks to be 8 to 10 feet deep, and as big as the base of the hotel.

Probably digging down for foundation, drainage, and irrigation for the recessed park area? Looks like it is recessed at least 3 ft from the renderings and probably needs substantial drainage to make sure it doesn't turn into a temporary pond every time it rains.

https://www.okctalk.com/showthread.php?t=38833&p=1225396#post1225396

I think the south and west parts of the apartment will be built into the same structure as the parking garage?

Is that building on the far right corner as you pointed out going to built?

(If I am reading it correctly) I think Pete mentioned it here: https://www.okctalk.com/showthread.php?t=38833&p=1221644#post1221644

I think the south and west parts of the apartment will be built into the same structure as the parking garage?

nope but they are both under construction

So it looks like the apartments over retail will wrap around the parking garage to the south, but it doesn't look like the west portion of the apartments have been started yet and there isn't a ton of space there to build more apartments.

they are well under construction

nope but they are both under construction


It looks like there isn't space where the red line is.... That's what I mean by part of the same structure - they arent separated.

18026

This is the west side of the garage.

Apartments will be built above the parking entrances and exits at ground level:

http://www.okctalk.com/images/pete/oak051623a.jpg

This is the west side of the garage.

Apartments will be built above the parking entrances and exits at ground level:

http://www.okctalk.com/images/pete/oak051623a.jpg

Thanks for the clarification. The other pic made it kind of look like it was being built around the parking garage, not above.

it looks like the south side of that apartment structure is cantilevered... am i interpreting that correctly?

I need to be careful about what I share about this development because I don't want to piss off the owners...

But I know the office building (#2) is coming together pretty quickly. I believe they have at least one anchor tenant. Don't know if it will be 11 floors as shown in the rendering, but it will be located on that spot and would almost certainly include an attached parking structure. Would also expect commercial space along the ground floor facing 50th.

I also know they have a deal with a national retailer for spot #1. Can't say anything more at this time but believe it will be a 2-story building.

They have been acquiring homes in the area of the building marked #3. However, they don't yet own everything they would need so I believe this is all very conceptual and would probably be long-term if it happened at all.

My understanding is they are hoping to put together a food hall concept in area #4. And they've shown Cinepolis as the lux theater chain (#5) on some plans, but I'm sure that is just conceptual at this point. That would be a huge get; I lived near one in California and it's way nicer than anything we currently have in the market, a step up from Flix.

It seems now that they are well under construction and have inked deals with some big-time retailers and restaurants, the entire project is starting to come together. They still have a bunch of small spaces for retail and restaurants and I know they've been focusing on new-to-market tenants.

As we've discussed, this project will be nicer than anything else in the state, and probably by a wide margin. It's going to be very exciting to see this all come together in the next couple of years.

http://www.okctalk.com/images/pete/oak051623c.jpg

it looks like the south side of that apartment structure is cantilevered... am i interpreting that correctly?

No, that is retail space. It's just shown as blank on all the renderings of the apartments as you can see here:

http://www.okctalk.com/images/pete/oak082321g.jpg

No, that is retail space. It's just shown as blank on all the renderings of the apartments as you can see here:

gotcha... that makes way more sense.

Bummer about the office building not being 11 floors. That was really my favorite part of this entire development.

Bummer about the office building not being 11 floors. That was really my favorite part of this entire development.

??

I didn't say it wouldn't be 11 floors.

I said I didn't know if it would be or not.

??

I didn't say it wouldn't be 11 floors.

I said I didn't know if it would be or not.
Ah my bad I misread your post. The taller the better.

I need to be careful about what I share about this development because I don't want to piss off the owners...

But I know the office building (#2) is coming together pretty quickly. I believe they have at least one anchor tenant. Don't know if it will be 11 floors as shown in the rendering, but it will be located on that spot and would almost certainly include an attached parking structure. Would also expect commercial space along the ground floor facing 50th.

I also know they have a deal with a national retailer for spot #1. Can't say anything more at this time but believe it will be a 2-story building.

They have been acquiring homes in the area of the building marked #3. However, they don't yet own everything they would need so I believe this is all very conceptual and would probably be long-term if it happened at all.

My understanding is they are hoping to put together a food hall concept in area #4. And they've shown Cinepolis as the lux theater chain (#5) on some plans, but I'm sure that is just conceptual at this point. That would be a huge get; I lived near one in California and it's way nicer than anything we currently have in the market, a step up from Flix.

It seems now that they are well under construction and have inked deals with some big-time retailers and restaurants, the entire project is starting to come together. They still have a bunch of small spaces for retail and restaurants and I know they've been focusing on new-to-market tenants.

As we've discussed, this project will be nicer than anything else in the state, and probably by a wide margin. It's going to be very exciting to see this all come together in the next couple of years.

http://www.okctalk.com/images/pete/oak051623c.jpg

Bumping this because it got cut off in the page break.

Glad to see more infill developments like this. Thanks for keeping us current, Pete.

Thank you so much, Pete.

Very excited about this development! In and of itself, it's a huge plus. But I'm also hopeful that its presence (and hopefully success) will show others that OKC deserves and can support developments of quality. Hopefully they will spur others in the vicinity to "up their game."

I'm hoping for the return of Williams Sonoma.

Does anyone know what the very large hole is for between the the hotel and apartments? I can't tell from the renderings. It looks to be 8 to 10 feet deep, and as big as the base of the hotel.

My guess is the hole and the large corrugated pipe on site is for underground water detention.

I'm hoping for the return of Williams Sonoma.

This would be huge, it was the only reason I'd ever go to Penn Square.

I need to be careful about what I share about this development because I don't want to piss off the owners...

But I know the office building (#2) is coming together pretty quickly. I believe they have at least one anchor tenant. Don't know if it will be 11 floors as shown in the rendering, but it will be located on that spot and would almost certainly include an attached parking structure. Would also expect commercial space along the ground floor facing 50th.

I also know they have a deal with a national retailer for spot #1. Can't say anything more at this time but believe it will be a 2-story building.

They have been acquiring homes in the area of the building marked #3. However, they don't yet own everything they would need so I believe this is all very conceptual and would probably be long-term if it happened at all.

My understanding is they are hoping to put together a food hall concept in area #4. And they've shown Cinepolis as the lux theater chain (#5) on some plans, but I'm sure that is just conceptual at this point. That would be a huge get; I lived near one in California and it's way nicer than anything we currently have in the market, a step up from Flix.

It seems now that they are well under construction and have inked deals with some big-time retailers and restaurants, the entire project is starting to come together. They still have a bunch of small spaces for retail and restaurants and I know they've been focusing on new-to-market tenants.

As we've discussed, this project will be nicer than anything else in the state, and probably by a wide margin. It's going to be very exciting to see this all come together in the next couple of years.

http://www.okctalk.com/images/pete/oak051623c.jpg

Very exciting. Thank you for the update.

the operators of legacy hall in plano is in expansion mode they would be a great get ..

the operators of legacy hall in plano is in expansion mode they would be a great get ..

Legacy is one of the best food hall's I've been too. If they could get something like that, it would be a massive get for the area.

I'm hoping for the return of Williams Sonoma.

The developers bought the Red Carpet across the street and there are no plans in place at this time, but that would be a great area for a combined Pottery Barn, PB Kids and Williams Sonoma all in the same area. They are all owned by the same company and who knows, it might help 50 Penn regain some of their retail in the future.

Me 15 Years Ago -- "Why can't we get a Crate and Barrel?"

Me 15 Years Ago -- "Why can't we get a Crate and Barrel?"

I could see that going in at #1 on Pete's pic. I have seen several of them in different cities and that design isn't too far off.

And looking at the location in Denver across from the Cherry Creek Shopping Center, there is a C&B right next to an Arhaus.

Please God let it be a Crate and Barrel!!!!

That would be killer.

And this is why Pete was afraid to say anything. Someone made a leap, and now, if it isn't a C&B, then people will be disappointed and claim they were misled. It happens all the time, and is why Pete was hesitant to post anything until they formally announce tenants.

I know, it is a message board meant for discussion. But when that discussion becomes so forward, and will lead to people running to other sites to post about it, then backlash happens.

The national retailer I mentioned is not Crate & Barrel.

That doesn't mean they still might be included in another spot, but I haven't heard anything about that as of yet.