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New Downtown OKC Tower To Serve As Headquarters For OGE

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Conceptual master plan of new office tower in downtown Oklahoma City. Rendering courtesy of Kestrel Investments. Conceptual master plan of new office tower in downtown Oklahoma City. Rendering courtesy of Kestrel Investments.
OKLAHOMA CITY -

Energy company OGE will house its new headquarters in a 14-to-16 story tower that will be built where the Stage Center currently stands in downtown Oklahoma City.

Developers announced in July they would demolish Stage Center -- which closed in 2010 due to severe flooding – and build a high-rise in its place. Kestrel Investments owns the property. On Tuesday, the developer revealed OGE would be the anchor tenant in the new building.

7/26/2013 Related Story: Stage Center Sold To Make Room For New Downtown High Rise

According to a news release, OGE will consolidate many of its metro-area employees into the new building.

"We are excited about bringing our employees together in a new corporate headquarters," said Peter B. Delaney, chairman, president and CEO of OGE Energy Corp. "We have a large number of employees scattered throughout downtown Oklahoma City at multiple facilities that are outdated and unable to meet our future needs."

Kestrel released a conceptual master plan for development of the three-acre property, which is located between Sheridan and California, and Dewey and Walker. Along with the office tower, the developer's plans include multi-level parking and lease space for retail stores and restaurants.

Kestrel says by 4 p.m. Tuesday, it will file for a demolition permit from the Downtown Design Review Committee.

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