Are they a little worried about people getting hammered and trying to get on the cloud?

I'm not saying I would, but I could see certain people trying that move.

Are they a little worried about people getting hammered and trying to get on the cloud?

I'm not saying I would, but I could see certain people trying that move.

I don't think that is a material issue for this development. Kinda like when people fall in the canal (it happens).

Can only plan for so much, in my opinion.

Are they a little worried about people getting hammered and trying to get on the cloud?

I'm not saying I would, but I could see certain people trying that move.

Not in the summer at least, I bet that cloud is going to be super hot in the sun

Oklahoma’s first Arhaus is now open at OAK at NW Expressway and Penn.

Monday 10/21, Capital Grille opens right next door (pardon the error in the first photo).

And another new-to-Oklahoma retailer, Alo yoga clothing, will be taking the space directly south of the recently-opened Williams Sonoma.

Pottery Barn has seen a busy opening and Tommy Bahama Marlin Bar opens before the end of the month.

Mesero is hoping to open around the first of the year and RH Gallery is targeting June 2025.

Also, Lively Hotel now has its liquor license so enjoy the nice fall weather with a cocktail on the large 2nd level patio.

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Went to Arhaus as well as the other open stores today. It is all very high end and no expenses we're spared. Still a lot of construction going on but this developments is going to kill it once it's firing on all cylinders.

There appears to a mattress store coming to the area too. This space looks almost completed on the south side closer to the apartments.

There appears to a mattress store coming to the area too. This space looks almost completed on the south side closer to the apartments.

Temper-Pedic

I love OAK and the upscale retail it's bringing to the city, however, it strikes me that the emphasis in OAK is in furniture/housewares when typically these districts focus on clothing. How do we feel that Oklahoma's #1 upscale retail district (or is that Classen Curve still) is a collection of furniture flagships (upscale/luxury nonetheless) and not clothiers LV, Prada, Gucci, etc?

Anyway, not complaining at all - just seemed interesting selection of retail to me.

And I do hope OAK will continue to elevate Penn Square Mall and hopefully eventually rub off on making 50-Penn Place a galleria again and possibly elevating Belle Isle a bit.

I love OAK and the upscale retail it's bringing to the city, however, it strikes me that the emphasis in OAK is in furniture/housewares when typically these districts focus on clothing. How do we feel that Oklahoma's #1 upscale retail district (or is that Classen Curve still) is a collection of furniture flagships (upscale/luxury nonetheless) and not clothiers LV, Prada, Gucci, etc?

Anyway, not complaining at all - just seemed interesting selection of retail to me..

And I do hope OAK will continue to elevate Penn Square Mall and hopefully eventually rub off on making 50-Penn Place a galleria again and possibly elevating Belle Isle a bit.

Unfortunately, Gucci, Prada, LV, were never really considering OKC. I don't think they ever will, unless we grow and gain a lot more high-income people living in the same area. Those stores follow their algorithms and metrics to a T.

LV, maybe, and Tiffany & Co , but the others, will likely never open here.

I thought I remembered Pete, or someone else who would know, say OAK tried for those huge sharks, and were told, as politely as possible, no.

They have done very well with their curated collection of stores, though

yes, I agree. thanks for the insight, hopefully we can eventually turn that page once and for all. ..

^

You must have missed that Alo is coming to OAK with a big store.

They are also working on others. I was told they would focus on clothing and restaurants for the remaining spots/pads.

I love OAK and the upscale retail it's bringing to the city, however, it strikes me that the emphasis in OAK is in furniture/housewares when typically these districts focus on clothing. How do we feel that Oklahoma's #1 upscale retail district (or is that Classen Curve still) is a collection of furniture flagships (upscale/luxury nonetheless) and not clothiers LV, Prada, Gucci, etc?

Anyway, not complaining at all - just seemed interesting selection of retail to me.

And I do hope OAK will continue to elevate Penn Square Mall and hopefully eventually rub off on making 50-Penn Place a galleria again and possibly elevating Belle Isle a bit.

I don’t care about the stores you mentioned, but your last thought is what I’m also holding out hope for. Could 50 penn be converted to residential? And I hope it continues to elevate PSM. I’d love to see a Scheel’s and a LifeTime built there and maybe some apartments?

These photos are from the OAK Facebook page, from their first live music event.

There will be another this Friday from 5 PM to 7:30. Tickets are free: https://www.oakokc.com/events/event/live-after-five-2/?fbclid=IwY2xjawGF-cxleHRuA2FlbQIxMAABHdVlhgeo0kWoKvZY652v_CO0gR__YmN zJInN2QCakYWsE2xD_wux0T2CTA_aem_R-sgrTcr24-HoDlVRfNESQ

They will also be showing the movie Hocus Pocus on an outdoor big screen on Saturday evening.

This project is really rounding into shape.

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^

You must have missed that Alo is coming to OAK with a big store.

They are also working on others. I was told they would focus on clothing and restaurants for the remaining spots/pads.

Thanks Pete, very good to hear. Hopefully things will "continue" to be very successful proving OKC as a market and we can land some of the cache luxury clothiers to Oak, Classen Curve, and Park Avenue. At least to have a presence, but I suspect OKC would greatly patronize who ever comes to market.

^^ wow, the pics of the promenade look fantastic. First Class indeed! It's about dang time OKC!!!!

^

You must have missed that Alo is coming to OAK with a big store.

They are also working on others. I was told they would focus on clothing and restaurants for the remaining spots/pads.

From a development plan perspective, focusing on Furniture stores first makes sense. Clothing retailers don't need near the same square footage as a Restoration Hardware.

Tommy Bahama Marlin Bar and Store is now open. The two are connected through a doorway.

For some reason, they've pulled up all the turf.

Monday 11:00 AM - 9:00 PM
Tuesday 11:00 AM - 9:00 PM
Wednesday 11:00 AM - 9:00 PM
Thursday 11:00 AM - 9:00 PM
Friday 11:00 AM - 10:00 PM
Saturday 11:00 AM - 10:00 PM
Sunday 11:00 AM - 9:00 PM
Happy Hour 3:00 PM - 6:00 PM Daily
Live Music 5-9PM Mon-Fri | 12-4PM & 5-9PM Sat-Sun


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Went to book a reservation and realized they don't take reservations. Apparently there are two different concepts. There are the Tommy Bahama Restaurants and there are the Marlin Bars. OAK has the Marlin Bar which has a smaller menu and more casual service where you order a the bar or online. I have had drinks at the Marlin bar on Los Olas Blvd. in Fort lauderdale and it was great. Can't wait to give it a try here.

They have demolished the eastern half of the old Registry Building and stripped the western half down to the steel, which will be remodeled into retail on the ground level and some offices above.

The rest of Phase II will include 3 stand-alone restaurants.

Not sure about the office building (Phase 3) but I believe there is a good chance to have more free-standing retail there instead.


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They have demolished the eastern half of the old Registry Building and stripped the western half down to the steel, which will be remodeled into retail on the ground level and some offices above.

The rest of Phase II will include 3 stand-alone restaurants.

Not sure about the office building (Phase 3) but I believe there is a good chance to have more free-standing retail there instead.


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Would stink to lose that office building, as I think in-office workers would help those restaurants during the day. But I think they would also have no trouble finding quality retail tenants to take its place.

Who cares about office space?

I'd rather have more retail and restaurants.

Who cares about office space?

I'd rather have more retail and restaurants.

Yep.

Who cares about office space?

I'd rather have more retail and restaurants.

I guess i just look at it as more office space like that which was proposed means more white-collar jobs, which helps the economy a lot, and not just from a sales tax perspective.

Plus, a good mix of residents, visitors and workers is what helps all of these thrive in DFW. Notice none have only 2 of those. They have all 3. Legacy has multiple office towers, so does Legacy West.

I guess i just look at it as more office space like that which was proposed means more white-collar jobs, which helps the economy a lot, and not just from a sales tax perspective.

Plus, a good mix of residents, visitors and workers is what helps all of these thrive in DFW. Notice none have only 2 of those. They have all 3. Legacy has multiple office towers, so does Legacy West.

A ton of white collar jobs no longer have large office spaces. They have lots of people working remotely. Dallas has been that way for a long time and it will likely see a decline in Office buildings. I feel like the location being close to major highways and neighborhoods will help with the mix.

For OKC to thrive, we need businesses of all types and at all levels. It's fantastic and needed and applause-worthy for us to get new-to-market, high-end retail. I am a huge fan of what I am seeing online about OAK.

That said, it doesn't have to be on that corner, but I do care about office space. Some businesses are remote but others are not. OKC needs Class A availability (The Registry Building almost certainly wasn't) in prime locations because of the "flight to quality" that is happening across commercial real estate. White collar jobs are going to pay more than almost any retail or restaurant job and will provide the customer base for said retail and restaurants.

maybe they are replacing the turfed areas with pavers. that would be a super nice touch.

For OKC to thrive, we need businesses of all types and at all levels. It's fantastic and needed and applause-worthy for us to get new-to-market, high-end retail. I am a huge fan of what I am seeing online about OAK.

That said, it doesn't have to be on that corner, but I do care about office space. Some businesses are remote but others are not. OKC needs Class A availability (The Registry Building almost certainly wasn't) in prime locations because of the "flight to quality" that is happening across commercial real estate. White collar jobs are going to pay more than almost any retail or restaurant job and will provide the customer base for said retail and restaurants.

Exactly. This wasn't me bashing OAK, at all. I love what they have done, and can't wait for RH to open!

At the current time, there is a big over-supply of office space, including Class A.

And anything built new is going to be very expensive to rent, so it makes zero economic sense from a development and lending standpoint.

At the current time, there is a big over-supply of office space, including Class A.

And anything built new is going to be very expensive to rent, so it makes zero economic sense from a development and lending standpoint.

the only new office i think we are going to see (in general) .. is Owner built and occupied ..

I guess i just look at it as more office space like that which was proposed means more white-collar jobs, which helps the economy a lot, and not just from a sales tax perspective.

Plus, a good mix of residents, visitors and workers is what helps all of these thrive in DFW. Notice none have only 2 of those. They have all 3. Legacy has multiple office towers, so does Legacy West.

I agree, any good mixed use development needs office space. Office space provides constant traffic of workers during the week that will fuel retail and restaurants in the development.

Not that I have any insider info at all, but I wonder if they are abandoning the office concept because they are trying to acquire 50 Penn...

Would stink to lose that office building, as I think in-office workers would help those restaurants during the day. But I think they would also have no trouble finding quality retail tenants to take its place.

The office building phase was probably long dead. That is why they put a parking lot where it was supposed to be, lol.

I had recently asked the same question regarding the office tower and it is part of the next phase or Phase II. (Per Pete’s response)

Looking at the Oklahoma County assessor, OAK also owns the following properties:

2217 NW 50th
2221 NW 50th
2225 NW 50th
2237 NW 50th
2232 NW 52nd
2248 NW 52nd
2257 NW 52nd
2301 NW 52nd
5100 N Youngs
5110 N Youngs
5114 N Youngs

I think Pete did a map a while ago that highlighted what they own and don't, but this is just the start.

And those are just to the west of the development. If they decide not to do office now because the market isn't goo enough, it looks like they are trying to acquire more properties to continue this thing so it's not like it couldn't happen in the future.

I agree, any good mixed use development needs office space. Office space provides constant traffic of workers during the week that will fuel retail and restaurants in the development.

I guarantee there will be people that live in those apartments that work from home and will give this space constant traffic. There are office buildings close by that will fuel the area. It is not on an island, it is built inside of an already busy retail and office space area.

Looking at the Oklahoma County assessor, OAK also owns the following properties:

2217 NW 50th
2221 NW 50th
2225 NW 50th
2237 NW 50th
2232 NW 52nd
2248 NW 52nd
2257 NW 52nd
2301 NW 52nd
5100 N Youngs
5110 N Youngs
5114 N Youngs

I think Pete did a map a while ago that highlighted what they own and don't, but this is just the start.

And those are just to the west of the development. If they decide not to do office now because the market isn't goo enough, it looks like they are trying to acquire more properties to continue this thing so it's not like it couldn't happen in the future.

This is the most likely to happen. If we ever do see an increase in Office Space needed, they have plenty of room to expand and build.

The office building phase was probably long dead. That is why they put a parking lot where it was supposed to be, lol.

As I've stated many times and dozens of plans have shown, the parking lot was always meant to be temporary.

Pete, do you have any indication if the three stand-alone restaurants would be new to market places? Maybe a Maggiano's? Will Hopdoddy make a comeback to the OKC market? Maybe a second Pappadeaux's location already?

Pete, do you have any indication if the three stand-alone restaurants would be new to market places? Maybe a Maggiano's? Will Hopdoddy make a comeback to the OKC market? Maybe a second Pappadeaux's location already?

Yes, new to market.

And I haven't heard any of those names mentioned. I don't think they have any done deals so I can't reveal the groups they have been working with.

Pete, do you have any indication if the three stand-alone restaurants would be new to market places? Maybe a Maggiano's? Will Hopdoddy make a comeback to the OKC market? Maybe a second Pappadeaux's location already?

I would welcome all 3 of those concepts to Oak! Really enjoyed Hopdoddy while it was here. Haven’t been in over 15 years, but we used to enjoy Maggiano’s as well. Solid chain, imo.

I'm hoping for Mi Cocina, it's a higher-end Tex Mex that we love. They have locations in upscale settings throughout DFW, Houston, and one in Tulsa. They've been off and on looking at the OKC market according to one of the managers we are acquaintances with in Dallas, but it's been several years since we've last asked her.

I'm hoping for Mi Cocina, it's a higher-end Tex Mex that we love. They have locations in upscale settings throughout DFW, Houston, and one in Tulsa. They've been off and on looking at the OKC market according to one of the managers we are acquaintances with in Dallas, but it's been several years since we've last asked her.Love me some Mi Cocina! Great food!

Nm

I'm hoping for Mi Cocina, it's a higher-end Tex Mex that we love. They have locations in upscale settings throughout DFW, Houston, and one in Tulsa. They've been off and on looking at the OKC market according to one of the managers we are acquaintances with in Dallas, but it's been several years since we've last asked her.

We're already getting Mesero, so would be surprised to see a Mi Cocina considering they were both started by the same person.

Would love a Pappas Brothers but don't see that with Capital Grille there already. Tried to book reservations last night for Capital Grille for my birthday Dec 20 and only options were super early or late. That's a good sign that people are liking it.

I'm hoping for Mi Cocina, it's a higher-end Tex Mex that we love. They have locations in upscale settings throughout DFW, Houston, and one in Tulsa. They've been off and on looking at the OKC market according to one of the managers we are acquaintances with in Dallas, but it's been several years since we've last asked her.

They already have one in Tulsa so coming to OKC wouldn't be too much of a stretch either. That would be a good get too.

Would love a Pappas Brothers but don't see that with Capital Grille there already. Tried to book reservations last night for Capital Grille for my birthday Dec 20 and only options were super early or late. That's a good sign that people are liking it.

We tried to book a table for 6 on a Thursday in early December for a team Christmas dinner, and the only option was 5:00 pm, including private rooms. Glad to see they've hit their stride. Alternatively, every other steakhouse in town was wide open this far in advance.

Yep. Booked for my anniversary in early December and we're going in at like 8:00pm.

Pete, what do you mean? Office space is important to cities.

Pete, what do you mean? Office space is important to cities.

i think he's saying that it's oversupplied and, against that backdrop, no one is going to risk capital on developing new Class A supply.

and if they were to build Class A, it would simply pull some of the stronger tenants from nearby buildings (Waterford, Valliance Tower, etc.). it wouldn't do much for the sub-market's net absorption.

The only reason to build a 9-12 story office building is if you have an anchor tenant taking up at least half of that and the market supports more. But to April's point, you would just have people moving around from other offices.

A strong argument could be made that building more office space would be bad for OKC, as new buildings would only cannibalize existing and the more vacancy, the lower the rental rates, and the worse it is for developers/owners.

For all these reasons, I don't think we'll have much spec office space built anytime soon.

The only new office space conceived after the pandemic that looks to be going forward is the new Guernsey building in Alley North, although the Philips Murrah Building would probably also qualify. Both of those are primarily for single-use tenants. Also, the Citizen but again, that was pretty much fully leased before it started, and almost all are merely moving from elsewhere in OKC.

None of the big projects on the boards have much office space: OKANA, Boardwalk, The Half, UNP, Stadium District, etc.

Yeah, the half has that one office building, but it is owner occupied, so that doesn't really count.

Went out last night to the Marlin Bar and walked around Oak. Marlin Bar was disappointing when it comes to food. They were out of everything and the space was very loud even with the garage doors open on the side. The space itself is great, but the food was lacking. We walked around and were impressed with everything else. I can’t wait for Oak to be finished and filled with people. It was very busy last night with a full parking lot.

Went out last night to the Marlin Bar and walked around Oak. Marlin Bar was disappointing when it comes to food. They were out of everything and the space was very loud even with the garage doors open on the side. The space itself is great, but the food was lacking. We walked around and were impressed with everything else. I can’t wait for Oak to be finished and filled with people. It was very busy last night with a full parking lot.

That's the OKCTalk syndrome. I went the day they opened and they had everything and weren't that busy. We posted about them the next day; they were overrun and ran out of most things.

I talked to the manager and warned them, they swore they were ready.

That's the OKCTalk syndrome. I went the day they opened and they had everything and weren't that busy. We posted about them the next day; they were overrun and ran out of most things.

I talked to the manager and warned them, they swore they were ready.

It was just a strange set up too. You had live music right next to the order kiosk area in the front and you could not hear the person taking your order. On top of that they kept saying they were out of stuff. We had the corn dip and it was good the Mahi Mahi tacos were okay, but nothing to write home about. I honestly don’t think we will go back because there are plenty of places here that already do this style of food and do it masterfully. Be careful with the frozen drinks, they cost double the amount of a dessert. Haha!

We went and checked out both the Marlin Bar and Cloudpuncher on Saturday.

We walked into Marlin Bar at around 9:40 pm and sat at the bar. The bartender informed us that they close at 10 pm, which I find to be a little early for a Saturday night. Regardless, we ordered cocktails and they both arrived quickly. I had the Tropical Mule and she had the Frozen Mai Tai.

The Mule was probably THE best mule I've ever had. It was crisp and cold and the mix of flavors was top-notch. The Mai Tai was also as good, icy and creamy and with shaved coconut topping the drink. Both were a great start to the evening. After tax and tip, the tab was $40, so this place is not for budget-minded individuals.

We then walked over to the Lively Hotel, passing by the "Cloudpuncher" sculpture on the west side of the building. It's beautiful, as is the building itself. We rode the elevator to the 2nd floor and found the bar to be fairly busy but fortunately found 2 seats at the bar. She had a Vodka and Soda and I had a Tequila and Tonic. Both drinks were fairly strong but tasty and we had no complaints there. With tax and tip, the tab was $30, so this place is similarly priced as the Marlin Bar, as we had specialty cocktails there and well drinks at Cloudpuncher. The bartender told us that Cloudpuncher closes at 11 p.m. on Saturdays for now but will extend their hours to midnight on weekends soon, after the development fully opens.

All in all, we received great service at both places, enjoyed our cocktails, and it made for a great evening! This area is a WONDERFUL addition to the social scene in Oklahoma City and I look forward to patronizing both locations, as well as the other shops, stores, and restaurants opening. Great job, OKC, and thanks for doing an awesome job of covering this development for the last several years, Pete!

^

Thanks for the detailed report.

Remember, Capital Grille also has a very nice bar area that doesn't require reservations.

And Mesero is really moving now and they hope to be open around the first of the year. I believe there will be at least four more restaurants in this development before they are finished.

^

Thanks for the detailed report.

Remember, Capital Grille also has a very nice bar area that doesn't require reservations.

And Mesero is really moving now and they hope to be open around the first of the year. I believe there will be at least four more restaurants in this development before they are finished.Yes, we were planning on hitting Capital Grille too but started our evening a little too late to stop in for a drink. I am hoping to do that this week.

One of the nicer things about the evening is that we were able to just pull in and park without using the valet. Also, the parking lot was well-lighted and there was a security guard present. I'm looking forward to stopping in for Happy Hour soon and trying the bar bites. This area is outstanding.

Yes, we were planning on hitting Capital Grille too but started our evening a little too late to stop in for a drink. I am hoping to do that this week.

One of the nicer things about the evening is that we were able to just pull in and park without using the valet. Also, the parking lot was well-lighted and there was a security guard present. I'm looking forward to stopping in for Happy Hour soon and trying the bar bites. This area is outstanding.

I'm also surprised that Capital Grille closes at 10 on the weekends. We went to dinner a few Friday's ago and were planning to stop by Capital Grille for a night cap, and expected them to at least be open until 11 on F/Sat.