OKLAHOMA CITY — Gardner Tanenbaum and Robinson Park Investments have unveiled plans to develop a 400,000-square-foot mixed-use project within Oklahoma City’s Innovation District. The developers secured 2.7 acres of land for the project and expect to break ground in late 2021.
Plans call for research labs, office space, a hotel, retail space and a public area. FSB Architects designed the project. Expected development costs were undisclosed.
According to the developers, the goal is to “build an environment that promotes cross-sector collaboration among Oklahoma’s key industries, including aviation, aerospace, bioscience and energy.”
The facilities will feature shared technology for 3D imaging and printing, as well as biomedical research and laboratories.
Wheeler Labs, the first portfolio company of Echo Investment Capital’s venture capital fund in biotech, is slated to be the project’s anchor tenant. Wheeler is a clinical laboratory with plans to expand into the bio-manufacturing industry. In addition, the University of Oklahoma is committed as an educational and research partner.
“This project ushers in a new era for our ever-growing city,” says Richard Tanenbaum, CEO of Gardner Tanenbaum. “Researchers, engineers, universities and industry leaders are pioneering Oklahoma-born advances in bioscience, aerospace, energy and health.”
The Oklahoma City Innovation District encompasses 1.3 square miles east of downtown. Along with this newly announced project, the district is projected to provide more than 6,000 jobs over the next three to five years.
Gardner Tanenbaum is a privately held, full-service real estate development firm based in Oklahoma City. Its portfolio includes more than 7 million square feet of commercial, industrial and multifamily assets.
Full-service commercial real estate firm Robinson Park Investments is also headquartered in Oklahoma City. The company’s portfolio includes more than 12 million square feet of office, medical, multifamily, hospitality and parking space with a market value greater than $2 billion.
— Kristin Hiller