Thought you might enjoy seeing the new video of The Flatiron project being developed by Humphreys Company. In case you didn’t already know, the Humphreys Company is headed up by my brother Grant and father Kirk. They are working on some really exciting developments including the adaptive re-use of this historic flatiron building. I have also posted an email sent out by Grant (with his permission) letting you know how the economy is affecting the development schedule and how you can help get this project going. Check it out and if you are interested then follow the link to their site and find out more.
Have a great weekend!
A NOTE FROM THE DEVELOPER
From: Grant Humphreys
Sent: Thursday, February 19, 2009 5:03 PM
Subject: THE FLATIRON – A SYMBOL OF RESILIENCE – of our downtown, of our city, of our Oklahoma spirit
Across the nation, the economic crisis has forced many development projects to be put on hold or brought to an end. Yet Oklahoma City, despite some very real economic downturns, continues to prove itself as one of the most resilient markets in America.
After almost three years of design and due diligence, our project known as ‘The Flatiron’ is poised to become a reality. When the construction of this project begins at the gateway of downtown OKC, The Flatiron will deliver the message that Oklahoma City is still in the game. Watching this new 5-story mixed-use project be built will boost confidence in our market and help maintain or increase property values as well. No doubt the Devon Tower will deliver this same message around the world, but we’re the small business version that is ready to go. But we need YOUR help.
We need YOUR help to meet our pre-leasing hurdle. The Flatiron will create more than 73,000 RSF of Class ‘A’ office and retail space ideally located at the gateway to downtown, Bricktown and the Oklahoma Health Center. Our asking rates are $22/RSF (gross) for loft office and $22/RSF (net) for street level retail (with CPI bumps). We need credit tenants willing to sign a 5-year lease. Local tenants are great. Once we’ve pre-leased 50% of this space, we will move towards an exciting groundbreaking event. We want to work with brokers. So bring me a deal. With your help, we can meet this goal . . . and you’ll be the first invited to the party!
All the information you need is available online at www.flatironokc.com. You can find floor plans, marketing brochures and a video of the project. Make a point to watch the video. It’s awesome.
Dave Ortloff, our Director of Marketing, is handling the broker relations. He’s here for you. If you’d like to arrange a tour or receive more information about this exciting project, just call Dave at (405) 228-1000 (ext 4). His contact information is also on the website referenced above.
Let’s work together to show everyone that, despite the rest of the nation, the real estate market in Oklahoma City is alive and well. I appreciate your help!
Find out more by visiting their website at: FlatironOkc.com!