shane453
Dec 7, 2006, 12:11 AM
We've known for a while that the iconic 20-story Founders Tower in NW OKC would be converted to condos, but more info came out yesterday about the future of the 7 acres purchased by the Bridgeport Development Group last year.
http://static.newsok.biz/article/2981813/biz-founders_12-06-2006_GH1OU04.jpg
If you've ever driven through Oklahoma City on the NW Expressway or Lake Hefner Parkway, you couldn't have missed the circular, unique Founders Tower. Next time you drive by, the tower will look much different. You can see at the bottom they have begun replacing the windows on the building with lighter, blue tinted glass that is supposed to be energy efficient. The 68 condominium units in the tower will range from 1,200 to 2,100 sf and $200k-600k in price. According to the article in the Oklahoman, most units will have three outdoor balconies with views of the downtown skyline, NW OKC skyline, and Lake Hefner.
Famed OKC restaurants Nikz at the Top, which rotates atop the newly renamed 360, and Queen Ann's Cafeteria in the first level, will likely remain as tenants of the building. The first level will offer other retail tenants- a banking center, jeweler, and cleaners, plus a concierge and room service for the condos.
The biggest news we got yesterday was what the developer plans to do with the rest of the expensive property. A two-story parking garage and two-story office tower will be built (the office tower should be MUCH larger- demand for quality office space in the NW submarket is crazy), and they are looking for a hotel to fill about a 5-story tower. They already have three hotel chains interested in the site- Hyatt, W, and Hotel Indigo have all expressed interest.
Another 11-story condo project is pending for the Lake Hefner/East Wharf area.
http://static.newsok.biz/article/2981813/biz-founders_12-06-2006_GH1OU04.jpg
If you've ever driven through Oklahoma City on the NW Expressway or Lake Hefner Parkway, you couldn't have missed the circular, unique Founders Tower. Next time you drive by, the tower will look much different. You can see at the bottom they have begun replacing the windows on the building with lighter, blue tinted glass that is supposed to be energy efficient. The 68 condominium units in the tower will range from 1,200 to 2,100 sf and $200k-600k in price. According to the article in the Oklahoman, most units will have three outdoor balconies with views of the downtown skyline, NW OKC skyline, and Lake Hefner.
Famed OKC restaurants Nikz at the Top, which rotates atop the newly renamed 360, and Queen Ann's Cafeteria in the first level, will likely remain as tenants of the building. The first level will offer other retail tenants- a banking center, jeweler, and cleaners, plus a concierge and room service for the condos.
The biggest news we got yesterday was what the developer plans to do with the rest of the expensive property. A two-story parking garage and two-story office tower will be built (the office tower should be MUCH larger- demand for quality office space in the NW submarket is crazy), and they are looking for a hotel to fill about a 5-story tower. They already have three hotel chains interested in the site- Hyatt, W, and Hotel Indigo have all expressed interest.
Another 11-story condo project is pending for the Lake Hefner/East Wharf area.