Chesapeake empire marches on

[gopokes88]

I saw that the other day. Pretty dumb on Midland’s part.

Shoot me a dm

[DowntownMan]

Heard from a friend that all of Diamondback Energy’s OKC staff is moving from their offices in the Central Park buildings on Lincoln to the CHK campus.

It’s probably just speculation at this point but he believes it’s the first step toward them relocating their HQ to OKC from Midland. Would be a great get for OKC if that ends up coming to fruition.

Can confirm I have also heard they are moving all okc employees to the glass building at corner of 63rd and Classen. I believe this was CHK marketing in the past days before it emptied out.

[PhiAlpha]

Shoot me a dm

yeah my inbox is apparently full. I’ll empty it out.

[Pete]

Just learned from an employee that they have been notified that all the OKC employees of the combined organization will be consolidated into Building 15. Previously they had been consolidated in the 'brick campus' as outlined below but now that will go completely dark.

Was told there is about 800 offices in there.

Will leave just a ton of excess buildings and land. Not sure of the plans for it all.

[DowntownMan]

That seems insane. I wouldn’t think that many would be in that building.

[Pete]

That seems insane. I wouldn’t think that many would be in that building.

It's their largest building. 800 offices minus 600-700 employees means plenty of room, even with a little growth.

Believe that are going to add a food place for employees.

[warreng88]

The two things they could shed is the gym and the child care facility. Both could be run by another party who lease the space and then offer it to employees.

[warreng88]

Here's the loopnet link for anyone interested: https://www.loopnet.com/Listing/6000...y-OK/25422920/

[Pete]

Here's the loopnet link for anyone interested: https://www.loopnet.com/Listing/6000...y-OK/25422920/

It's been on the market for years with no takers.

I know the State looked at it early on but once they passed, nothing.

[warreng88]

I would assume it would come with access to the parking garage to the north?

[Pete]

I would assume it would come with access to the parking garage to the north?

I'm sure the new org will have to completely rethink all of this. Maybe sell everything but 15 and a garage or two.

[gopokes88]

Diamondback Energy leases #13

[Pete]

Diamondback Energy leases #13

Still could be sold, of course.

[warreng88]

Diamondback Energy leases #13

Most of it. But there is still space available in the basement and the 1st floor. They have floors 2-4.

[jn1780]

I'm sure they are not picky on what they can sale. The former empire can easily find easily find space somewhere. They just want to dump all those assets and formally put an end to the Audrey Mcclendon era.

All those brick buildings would probably make good apartments.

[Anonymous.]

I am sure it is way easier to try and keep the entire campus as a package deal, but those older buildings look prime for a large apartment-style complex + cool amenities. Sell them as units and slap on some HOA dues.

[cinnamonjock]

I remember hearing somewhere that all of the brick buildings were designed in a way to make conversion to housing as easy as possible. Specifically, that the buildings contain plumbing where theoretical kitchens and bathrooms would go.

[BimmerSooner]

I worked in Bldg 15 for many years in about 6 different offices. I can't imagine it would fit that many. But, maybe so.

[Bill Robertson]

I remember hearing somewhere that all of the brick buildings were designed in a way to make conversion to housing as easy as possible. Specifically, that the buildings contain plumbing where theoretical kitchens and bathrooms would go.

Could be. But if not with the normal space between each ceiling and the floor above it wouldn't be a huge deal. Making HVAC zone for each unit would be more difficult but can be done.

[HFAA Alum]

Well it's not good news to hear a business needing to shed weight of this scale. But it is good news to hear that the properties can be converted to housing.

Keep it affordable and watch that complex brim with life.

[BG918]

Seems like a good fit for OSU-OKC since it would tie into the architecture of the Stillwater campus.

[Pete]

I worked in Bldg 15 for many years in about 6 different offices. I can't imagine it would fit that many. But, maybe so.

The interior floor plan is to be completely reworked.

And that building is 6 floors and over 250,000 SF. It could easily accommodate 800 people.

[BimmerSooner]

The interior floor plan is to be completely reworked.

And that building is 6 floors and over 250,000 SF. It could easily accommodate 800 people.

You'd know better than me, but there are a ton of conference rooms, many quite large, and two auditoriums in there and the basement has no office space at all.

But if they're moving in there, they're moving in there. So it'll obviously hold them.

[jn1780]

You'd know better than me, but there are a ton of conference rooms, many quite large, and two auditoriums in there and the basement has no office space at all.

But if they're moving in there, they're moving in there. So it'll obviously hold them.

Sounds like a lot of wasted space that can be converted to actual offices or cube farms.

[LandThieves]

The two things they could shed is the gym and the child care facility. Both could be run by another party who lease the space and then offer it to employees.

Childcare is open to the public and owned/run by bright horizons corp.