Oklahoma City Development
3:41 pm
Tue December 17, 2013

OGE Energy To Anchor Oklahoma City High-Rise

The corner of Sheridan and Hudson Aves. in downtown Oklahoma CIty under the conceptual master plan unveiled today.
The corner of Sheridan and Hudson Aves. in downtown Oklahoma CIty under the conceptual master plan unveiled today.
Credit Provided / Kestrel Investments, Inc.

The developer of a planned 14- to 16- story high-rise in downtown Oklahoma City says OGE Energy Corp. will be the anchor tenant of the building that will replace a downtown theater complex known as Stage Center.

Kestrel Investments announced Tuesday that it will ask the Downtown Design Review Committee for a demolition permit on the 3.15-acre property where it will build the tower.

Kestrel's plans include multi-level parking and leased space for retail, restaurants and other businesses in addition to OGE Energy.

Kestrel Investments, Inc. purchased the property in July from the Kirkpatrick Center Affiliated Fund of the Oklahoma City Community Foundation for nearly $4.3 million. The start of building design and construction are dependent on approval of the demolition permit.

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