Markham Motor Building

[Soonerinfiniti]

Information & Latest News

512 N. Broadway
status=under renovation
finish=1920
sq. feet=21,000 SF
acreage=.3214
other=Includes small surface lot to north

1/2/15: To be renovated as new HQ for New Source
4/12/13: Sold for $1.4 million to New Source Energy
Links

County Assessor Record
Gallery

[Pete]

That LLC is registered to a large local law firm, so obviously not for their use but for one of their clients.

[HangryHippo]

Pete, any idea who might be moving in, if anyone?

[Pete]

OKCTalk - Historic Markham Motors building to receive extensive renovation by local energy company

[Urbanized]

It's a beautiful building and glad to see it coming back to life, but honestly I wish that street-level spaces - especially along Broadway - were repurposed as retail/restaurant rather than office.

[oklip955]

Does anyone have some historical info on this building? Just wondering.

[Urbanized]

Try this

[Tigerguy]

As long as it doesn't turn into Teemco II, I'm all for it.

[HOT ROD]

While I agree urbanized, I think it might not be possible in this building considering the size the energy company probably needs. Also, it is nice to have a mix of use in the area just as long as (like I assume you mean) first-floor office is kept to a healthy minimum and we maximize retail there whenever possible.

I am hoping that the parking lot could somehow be redeveloped into residential (or retail). In fact, I'm hoping that all parking lots in AAlley (and midtown, also bricktown and film row) can be redeveloped the same way, so we can get some serious building frontage that continues the entire block. .. Hopefully, that idea is part of a master plan but hopefully someone can try it out as an organic infill.

I'd even be happy if a few of the lots turned into parking garages as long as there was significant retail frontage available on the ground floor (and this would help offset the loss of lots); I'd be even more happy if there was residential (or even office) on top of the garages.

[UnFrSaKn]

1956

[Urbanized]

Wow. Would be amazing if they would restore the historic window types, including those casements upstairs. They're beautiful.

[Pete]

More on this project.

They will in fact be installing new casement windows that will mimic the originals:

[Urbanized]

Oh, GREAT news.

[Pete]

Oh, GREAT news.

I knew you would like that! And once you started to talk about this subject, I have learned to appreciate why you are so enthusiastic about the original (or replica) casement windows.

The difference that made at the Mayfair Apartments is pretty stunning.


BTW, this will be a $2.8 million project just for the renovation; that doesn't include the purchase of the property or furniture, fixtures and equipment.

I bet this will be stunning.

[jccouger]

2.8 mill just for restoration?!?! That just doesn't seem right.

[Plutonic Panda]

Anything new on this? Has work commenced?

[Verbode]

We have seen movement inside of this location. It would be great to have new neighbors nearby! Anyone have information on who is moving in?

[Pete]

Yes, after the proposed renovation by the energy company fell through (they had serious financial and legal issues) a group of attorneys recently purchased this building.

I don't believe they plan any changes to the outside, as no planning documents have been filed.

It seems they will renovate the interior and use for their firm.

[AP]

I'm glad it's being brought back to life. No for the two empty lots on Broadway to tie everything together...

[Pete]

BTW, the New Source Energy renovation was going to be done by Rand Elliott and I heard it was amazing, hence the original $2.8 MM price tag just for the building permit.

My hope is this law firm will find a commercial use for the ground floor and merely occupy the second level.

[AP]

Is there any movement on those lots I referenced? I believe they are owned by Sandridge?

[Verbode]

Thank you, Pete! It is such a great building, we hated to see it so lonely and unoccupied!

[Verbode]

They cut open a larger door for construction. It was wide open when we walked by a week ago.

[Pete]

OKCTalk - Historic Markham Motors building to be renovated and expanded

[Pete]

More renderings: