View Full Version : Monarch



Pages : [1] 2 3

Pete
04-15-2018, 07:05 AM
Oklahoman reporting a new, 4-story office building to be built by Midtown Renaissance just north of The Garage in Midtown along Robinson.

Will have a 2-story parking structure to the west, leaving room along Harvey for another, future building.

Glad to see MidtownR getting back in the game!

http://www.oklahoman.com/monarch-to-rise-in-oklahoma-citys-midtown/article/5590884

catch22
04-15-2018, 07:12 AM
Sweet. I actually really like the look of it. It has some nods to the Century Center IMO.

Pete
04-15-2018, 08:58 AM
http://www.okctalk.com/images/pete/monarch.jpg

Pete
04-15-2018, 09:22 AM
Here's a fuller picture of how much Midtown R owns in this area.

Remember, the Mercedes and Volvo dealerships along Broadway will soon be relocating to the Broadway / Memorial area so not only will those buildings be vacant, the same will be true of the many related parking lots and service buildings.

http://www.okctalk.com/images/pete/midtown041518.jpg

pw405
04-15-2018, 10:06 AM
Here's a fuller picture of how much Midtown R owns in this area.

Remember, the Mercedes and Volvo dealerships along Broadway will soon be relocating to the Broadway / Memorial area so not only will those buildings be vacant, the same will be true of the many related parking lots and service buildings.



Wow, surprised they are going to build the Monarch when they're about to have all the dealership property sitting vacant next month.

I used to work at MB/Jag/Vovlo of OKC in college. Really sad to see the last dealership leave "Automobile" Alley!! Any rumors about the future of the dealership sites?

In addition to everything pictured above, they own what we used to call the "West Lot" off 12th street. I'm pretty sure they also own these properties on 12th and Robinson as well as the land east of The Garage apartments:
https://i.imgur.com/6YDhWuA.jpg

Pete
04-15-2018, 10:22 AM
This project does seem a bit strange because office vacancies particularly for Class A space are very high all over town. And right across the way is the under construction Broadway Park building.

And of course, MidtownR is getting ready to vacate those car dealerships which could be easily converted to office space.

I guess they have to do something with this huge amount of properties and clearly want to ramp down the apartment building as evidenced by going through the entire process with Memory Lane including having issued building permits, then completely putting on the brakes.


BTW, I believe this Monarch site was also considered for apartments and structured parking and a group taking core samples on this site was spotted several years ago.

Sooner.Arch
04-15-2018, 11:05 AM
Love the design. Is there any chance that we can see more renders without having a subscription to the Oklahoman?

Pete
04-15-2018, 11:10 AM
Here are tons of renderings:

http://www.okctalk.com/images/pete/monarch1.jpg


http://www.okctalk.com/images/pete/monarch3.jpg


http://www.okctalk.com/images/pete/monarch4.jpg


http://www.okctalk.com/images/pete/monarch5.jpg


http://www.okctalk.com/images/pete/monarch7.jpg


http://www.okctalk.com/images/pete/monarch8.jpg


http://www.okctalk.com/images/pete/monarch6.jpg


http://www.okctalk.com/images/pete/monarch9.jpg


http://www.okctalk.com/images/pete/monarch10.jpg


http://www.okctalk.com/images/pete/monarch11.jpg


http://www.okctalk.com/images/pete/monarch12.jpg

catch22
04-15-2018, 11:23 AM
This project does seem a bit strange because office vacancies particularly for Class A space are very high all over town. And right across the way is the under construction Broadway Park building.

And of course, MidtownR is getting ready to vacate those car dealerships which could be easily converted to office space.

I guess they have to do something with this huge amount of properties and clearly want to ramp down the apartment building as evidenced by going through the entire process with Memory Lane including having issued building permits, then completely putting on the brakes.


BTW, I believe this Monarch site was also considered for apartments and structured parking and a group taking core samples on this site was spotted several years ago.

Perhaps they are building it for someone? They seem like smart investors, so I doubt they'd get this going if they didn't at least have a few commitments.

ChrisHayes
04-15-2018, 11:40 AM
The Oklahoman article says that MR has tenants lined up for the building, which is why they've decided to go ahead with construction

Pete
04-15-2018, 12:38 PM
The Oklahoman article says that MR has tenants lined up for the building, which is why they've decided to go ahead with construction

It says they have a tenant lined up for one floor.

soonerguru
04-15-2018, 12:59 PM
Stunning architecture.

OKCisOK4me
04-15-2018, 07:37 PM
This project looks legit awesome! Just parked in that grass lot north of The Garage 2 Friday's ago. I'm more than happy to see this!

And people keep trashing the streetcar...

Plutonic Panda
04-15-2018, 08:08 PM
Because the street car is the reason for this development. Not the streets that thousands of people drive on everyday, it’s the streetcar lol

Urbanized
04-15-2018, 08:15 PM
Thousands of cars have been driving up and down that stretch of a Robinson and neighboring streets for many, many decades. Even the ones wher it was LOSING buildings. There are also many other stretches of other streets with way MORE cars that aren’t getting so much as a gas station or dollar store.

This building is just now appearing for a few reasons, none of which have to do with traffic count. I’d start with: 1. MAPS (and associated downtown investment) 2. Visionary property ownership, and 3. Yes, streetcar.

Plutonic Panda
04-15-2018, 08:28 PM
Many buildings and development happened before the street car too. My point is the street isn’t necessarily spurring all of this development and saying so is just spouting non sense. It could be contributing to it and I would agree.

David
04-15-2018, 10:37 PM
Oh wow, this looks fantastic. Here's hoping it goes up as rendered.

It comes with a nice solution to the parking questions in that area, too.

Plutonic Panda
04-15-2018, 11:07 PM
Would be nice to see the parking garage have a little more capacity and more features to add retail at the bottom. I only say add more capacity as to remove the need for more parking with any future developments across the street. If the streetcar was so critical to this development, I don't think you'd see as much parking proposed.

sooner88
04-15-2018, 11:22 PM
I assume that will be parking for Garage too? Curious if they will allow Guardian tenants to purchase spots there too. I lived there for 2.5 years and one big complaint was no covered parking. The semi-covered lot was extra, cost $50+ a month and didn't really serve the purpose I wanted. Great new project, if not a little interesting considering the current market. I anticipate there is more than 1 floor of tenants verbally committed for them to proceed.

HOT ROD
04-16-2018, 01:06 AM
appears to be the new home for OKC's newest juggernaut - We-Go-Look!

anb
04-16-2018, 01:00 PM
The project and renderings look great.

Side note, as someone who lives in the area and has a dog, I really hate when people park there. It turns the whole area into mud/dirt. I always thought it was illegal to park on a grass lot like that, but maybe I am wrong.

wsucougz
04-16-2018, 05:34 PM
appears to be the new home for OKC's newest juggernaut - We-Go-Look!

Exciting if true. So.... Is it true?

Pete
04-16-2018, 05:55 PM
We-Go-Look is too large and the purported tenant is supposed to be only taking one floor anyway.

However, they are a good candidate to take the building at 6th & Broadway.

shawnw
04-16-2018, 06:00 PM
Except they're already downtown?

Pete
04-16-2018, 06:01 PM
Except they're already downtown?

Right, but they would still qualify for the quality jobs program by increasing employment.

shawnw
04-16-2018, 06:13 PM
Oh I just thought the word on the street was that it was a company moving to downtown not one that already was.

Pete
04-16-2018, 06:18 PM
It has also been rumored that it is an out-of-state employer, so I don't think anyone is sure.

We Go Look just makes a ton of sense and is a hunch, not inside info.

Urbanized
04-16-2018, 06:38 PM
It's an out-of-state employer.

pw405
04-16-2018, 08:08 PM
It's an out-of-state employer.

Spill the beans!! Any idea when it will be announced? Can you hint at what industry they're in?

Pete
04-17-2018, 11:32 AM
A building permit application was filed today for the Monarch building. Not wasting any time.

catch22
04-17-2018, 05:53 PM
A building permit application was filed today for the Monarch building. Not wasting any time.

Wow! That is impressive. Given where they seem to be in the process, I’m surprised this stayed under wraps for so long. Usually we at least hear a few hints or whispers.

HOT ROD
04-18-2018, 12:20 AM
OKC isn't adding any new towers at the moment, but we sure ARE adding much additional square footage of office space. I think OKC needs this period of infill, to diversify the downtown districts and add more density - fill up what we got. After a few years of this, we can then be at the cusp of more highrise activity as the city grows and expands sectors.

ChrisHayes
04-18-2018, 06:24 AM
What Hot Rod said! I get more excited about infill than I do towers. It helps complete the core and drive up property values. 5 years from now you might be able to drive around the downtown area and not see any vacant lots and only people who have been here for a decade or more will remember what it used to be like

Rover
04-18-2018, 12:32 PM
OKC isn't adding any new towers at the moment, but we sure ARE adding much additional square footage of office space. I think OKC needs this period of infill, to diversify the downtown districts and add more density - fill up what we got. After a few years of this, we can then be at the cusp of more highrise activity as the city grows and expands sectors.
Totally agree. This type of infill makes all property in the area more valuable. High price/value lots means it only make sense to go tall with reduced footprints. We need patience.

anb
05-11-2018, 01:40 PM
Project is starting on 5/21.

shawnw
05-11-2018, 02:08 PM
wow, seems quick. already passed design review?

anb
05-11-2018, 02:53 PM
wow, seems quick. already passed design review?
I'm not sure, but I would imagine they are just clearing out the parking lots.

Pete
05-11-2018, 04:35 PM
I'm not sure, but I would imagine they are just clearing out the parking lots.

Goes before the DDRC on May 17th.

shawnw
05-11-2018, 06:01 PM
Ah, okay, cool.

bombermwc
05-18-2018, 12:58 PM
removing my comment, wrong building's page....gotta find the right one.

David
05-18-2018, 04:21 PM
Did this get approved by the DDRC yesterday?

Pete
05-18-2018, 04:48 PM
Did this get approved by the DDRC yesterday?

I believe so.

It was on the consent docket and didn't require presentation.

BoulderSooner
05-21-2018, 09:09 AM
I believe so.

It was on the consent docket and didn't require presentation.

the parking lot was roped off this morning

cinnamonjock
05-21-2018, 07:48 PM
They already have the construction fence up

king183
05-21-2018, 09:21 PM
The company wanting this building must really be ready to go given how quickly Midtown Renaissance appears to be moving on it. I'm excited to find out who it is.

It's these types of projects that add more to OKC's character than skyscrapers, in my opinion. I hope we see many more of these to come.

Pete
05-22-2018, 04:51 AM
They are underway:

http://www.okctalk.com/images/pete/monarch052218.jpg

king183
06-30-2018, 07:50 PM
Do we have any idea which company is the anchor tenant here?

Pete
08-06-2018, 06:40 PM
http://www.okctalk.com/images/pete/monarch080518a.jpg


http://www.okctalk.com/images/pete/monarch080518b.jpg

dankrutka
08-06-2018, 07:22 PM
I'm not one to worry about parking, but I am curious, where is the Garage directing people who ask?

Pete
08-06-2018, 07:23 PM
^

I would imagine either the surface lot on the south side of 10th or the parking garage just to the east.

Both are owned by Midtown Renaissance.

Uptowner
08-06-2018, 07:36 PM
I haven’t read the whole thread. But it seem to me impossible that this development would not have ground floor retail. I’m eager to know if they have potential tenants. I’d bet the hatch & sidecar firm are willing to take another swing.

shawnw
09-11-2018, 08:16 PM
14905

baralheia
09-12-2018, 10:49 AM
I'm impressed by how quickly this is going up. I could see it from the tent at Midtown Oktoberfest... the infill is so exciting!

Pete
09-23-2018, 08:43 AM
http://www.okctalk.com/images/pete/monarch092218.jpg

SagerMichael
09-23-2018, 08:53 AM
This is going to be so nice when completed... keep filling up those empty lots!

Pete
10-12-2018, 12:58 PM
http://www.okctalk.com/images/pete/monarch101118b.jpg

borchard
10-13-2018, 07:31 AM
14956

Pete
11-05-2018, 06:31 AM
http://www.okctalk.com/images/pete/monarch110318.jpg

Pete
11-19-2018, 09:35 AM
http://www.okctalk.com/images/pete/monarch111718.jpg

wsucougz
11-19-2018, 02:12 PM
There's a lot going on in that photo