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02 Sep 2024

Sister Cities: Nation’s Tallest Tower Proposed In Oklahoma City

Sister Cities: Nation’s Tallest Tower Proposed In Oklahoma City

Our Sister Cities series continues with a focus on what could become the nation’s tallest skyscraper, planned for Oklahoma City. Dubbed the Boardwalk at Bricktown, this four-tower development would replace a surface parking lot at approximately 20 E Reno Avenue on the southern edge of the Bricktown neighborhood.

Years in the making, the proposal is led by California-based Matteson Capital, headed by Scot Matteson. Earlier this year, TheRealDeal published a story casting doubt on Matteson’s background and history with projects of this scale. The structure’s design is being handled by AO Architects, also based in California.

Renderings of the project show other involved parties, including Legends Capital Management, which does not appear to be officially registered and has a limited LinkedIn presence with only one employee. Another entity, Thinkbox Technology Group, is an IT consultant based in Irvine. It is worth noting that there is also a Thinkbox Construction based in Oklahoma City, which shows an earlier iteration of the plans on its site.

Earlier this summer the development team unveiled their latest plans. Located next to the city’s Amtrak station and arena, the property will be built in two phases. Once completed, the project will span nearly five million square feet and include over 1,900 residential units, over 600 hotel rooms, and 110,000 square feet of retail space.

The majority of the retail space will be within a three-story podium, which will also feature parking for over 1,000 vehicles. Much of the podium will be wrapped in large LED screens. The developer has indicated that most of the space has already been allocated. With renderings suggesting a Yard House Restaurant and Putt Shack may be included.

The first phase will be the podium and three shorter towers, these will contain part of the project’s residential units as well as a 480-room Dream Hotel, also owned by Hyatt. Phase two will be Legends Tower, a 126-story tall tower reaching 1,907 feet into the sky as a nod to the year Oklahoma became a state. This would be twice as tall as the city’s current tallest tower.

The tower will include 86 levels of residential units, 12 floors of penthouses, a 16-floor Hyatt hotel, 10 floors of Hyatt residences and pool, and a two-story observation deck and restaurant. The glass-clad tower will be topped by an illuminated crown and a massive spire/antenna. The project will also include affordable housing units.

With an estimated overall cost of around $1.5 billion, the developer has stated that financing has been secured. Earlier this summer, the city also approved the removal of any height restrictions for the parcel of land. Matteson Capital has indicated that a groundbreaking could occur later this year.

As previously noted, details about the project have varied by news source, and information about the developer remains limited.


Find out more at Chicago YIMBY 

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