Hanson is in talks with the Tulsa Development Authority to build a brewery and studio in the Brady Arts District.
Paperwork shows the group's record label as overseeing the project that would be housed where the L.A. King building is currently located on North Boston Avenue downtown.
The TDA would provide $2 million in loans to help develop the brewery and recording studio that would also house retail and office space.
As for a timeline - initial design and planning should happen by the end of 2018 and construction beginning in the summer of 2019.
Friday, L.A. King released a statement saying the company is growing and the current building is "no longer sufficient."
L.A. King has operated out of the building on North Boston since 1954. Perkins said they are building a new state-of-the-art facility at a yet-to-be announced location in Tulsa to accommodate growth.
L.A. King owner and president, David L. Perkins commented on the Hanson brothers taking over the property saying, "At this time, it is premature to comment at length on the media reports. However, the Hansons are friends and neighbors here in the Brady District, and I am confident any project they put their name behind will be of utmost quality and a net positive for our community."
The Hanson brothers are from Tulsa and currently house their 3CG studios on Main street in the Brady Arts district.