OKC-area native Ryan McNeill of Veritas Development announces the topping out of OAK, the 20-acre mixed-use district rising at 5101 North Pennsylvania Ave. in Oklahoma City. This important construction milestone for OAK cements the project’s grand opening date in September 2024. General contractor VINCIT Constructors will host a topping out ceremony on Aug. 11 for project partners and local officials.
“This milestone brings us another leap forward in developing OAK as the new center of gravity for retail, dining and entertainment in Oklahoma City,” said McNeill. “Now that we can see this vibrant mixed-use environment rising around us, we are even more confident that OAK is going to be a game changing experience for this fast-growing market. We are incredibly proud to celebrate OAK’s topping out with the community, and are counting the days until the official grand opening in September 2024.”
OAK’s first phase includes 135,000 square feet of retail, a 132-key boutique hotel, and 320 upscale apartments. The entertainment-driven destination will also include a 7,000-square-foot central green space at the heart of the property, which will be activated with more than 100 community events each year, such as live concerts, pop-up farmers markets and outdoor yoga. A future phase of the project includes 100,000 square feet of loft office space and an additional 85,000 square feet of retail.
An unequaled retail, residential and hospitality experience is taking shape at OAK with acclaimed, first-to-market brands RH, Arhaus and Capital Grille already onboard. Open Realty’s Michael Nagy and Chris Speciale are leading retail leasing efforts, and plan to announce several other best-in-class concepts in the coming months.
Most recently, Veritas and Dallas-based Gatehouse Capital announced that Lively Hotel, a boutique hotel concept by Hilton™, is joining the mixed-use community. As Oklahoma’s first Tapestry Collection hotel, Lively Hotel will include 132 rooms; a 3,050-square-foot bar and restaurant; an elevated amenity deck with a 2,400-square-foot outdoor bar and activated pool area; a fitness center; and over 2,600 square feet of meeting space. At the ground floor, the hotel will feature 13,500 square feet of retail space.
“We are absolutely thrilled to celebrate this major milestone with the topping out of the structure for Lively Hotel,” said Andrea Gossard, Project Executive at VINCIT Constructors. “Our dedicated team, along with our valued partners like Veritas, has worked tirelessly to bring OAK to life as a vibrant mixed-use destination in Oklahoma City. We are proud to be part of this transformative project and look forward to continuing our efforts to make OAK an unparalleled experience for our community.”
Veritas has engaged Mintwood Real Estate as the multi-family development partner to create a first-of-its-kind residential experience for Oklahoma City. OAK’s 320 apartments will have curated interior finishes, including quartz countertops, walk-in closets, and powder baths. The building amenities include a first-class fitness center featuring a kid’s playroom, private work and conference rooms, an entertainment suite featuring a golf simulator and shared kitchen, a resort-style pool and elevated courtyards.
OAK’s topping out ceremony will be held in front of the Lively Hotel on Friday, Aug. 11 at 11 a.m. The culmination of the ceremony will be marked by the raising of the final beam to the pinnacle of the structure, symbolizing its attainment of the ultimate height. This ceremonial beam shall be adorned and autographed by all the esteemed stakeholders and participants, adding a touch of significance to the development milestone.
McNeill is joined by Everett Dobson and the Dobson family as partners in the multi-phase project.
To learn more, visit oakokc.com and follow the project on Facebook, Twitter and Instagram.