Oklahoma City Construction Pipeline 1Q24

MARKET SNAPSHOT

0

Existing Units

0 %

share of existing inventory uc

0

total units under construction or in lease-up

# 0

rank*

1 = Highest Share of Inventory UC

0

units delivering in next 4q

0

delivered in the last 4q

* Rank is based on the share of inventory (Units Under Construction/existing inventory) for the largest 150 Markets

Construction Pipeline

Prospective

9,685 Units

Planned

3,172 Units

Under Construction

1,878 Units

UC/Lease-Up

1,608 Units

Rental Category

Pre-lease Absorption Rate by Month

Multifamily Starts

Submarket Breakdown

Oklahoma City Construction Pipeline

The information provided in this construction pipeline map is obtained from CoStar. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.
Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

Full Data Table

SubmarketProperty NameAddressCityStateZIPUnit CountProperty Status
9 - Oklahoma City - NorthLegacy on Penn, The11238 North Pennsylvania AvenueOklahoma CityOK7312072Under Construction/Lease-Up
9 - Oklahoma City - NorthDomain at Chisholm Creek1424 Highland Park BlvdOklahoma CityOK73114240Under Construction/Lease-Up
8 - Oklahoma City - NorthwestTuscany Village Redevelopment6900 London WayOklahoma CityOK73132310Under Construction/Lease-Up
9 - Oklahoma City - NorthChisholm Pointe1800 NW 115th StreetOklahoma CityOK73120216Under Construction/Lease-Up
22 - Yukon/MustangRidge at 66 Apartment Homes, The4300 Caravel DriveYukonOK73099339Under Construction/Lease-Up
16 - EdmondLofts at Valencia, The2717 NW 178th StreetEdmondOK73012216Under Construction/Lease-Up
8 - Oklahoma City - NorthwestQuail Village2145 NW Watermark BlvdOklahoma CityOK73134215Under Construction/Lease-Up
1 - Oklahoma City - DowntownAlley's End400 North E K Gaylord BlvdOklahoma CityOK73102211Planned
2 - Oklahoma City - CentralCrossroads at NE Grand2115 NE Grand BlvdOklahoma CityOK7311156Planned
2 - Oklahoma City - CentralFairground Flats2820 General Pershing BlvdOklahoma CityOK73107216Under Construction
4 - Oklahoma City - I 240 CorridorAstoria CreekSW 74th Street & South Walker AvenueOklahoma CityOK7313992Prospective
8 - Oklahoma City - NorthwestPenn Pointe16213 North Pennsylvania AvenueEdmondOK7301384Prospective
8 - Oklahoma City - NorthwestPortland Place16010 Portland AvenueEdmondOK73013180Prospective
8 - Oklahoma City - NorthwestWestlake Estates6010 Westlake BlvdOklahoma CityOK7314260Planned
9 - Oklahoma City - NorthGates of Oklahoma City, TheSEC NW 122nd Street & North Western AvenueOklahoma CityOK73114120Under Construction
10 - Oklahoma City - NortheastIronwood TrailsKeystone Road & Trail Ridge RoadOklahoma CityOK7311488Prospective
11 - Oklahoma City - SoutheastT Oklahoma City Phase II, The3925 SE 59th StreetOklahoma CityOK7313550Planned
11 - Oklahoma City - SoutheastT Oklahoma City Phase III, The3925 SE 59th StreetOklahoma CityOK7313550Prospective
11 - Oklahoma City - SoutheastT Oklahoma City, The3925 SE 59th StreetOklahoma CityOK7313585Under Construction
14 - Midwest CityLake Forest Hills2222 North Douglas BlvdOklahoma CityOK7314172Prospective
17 - Choctaw/HarrahHearthside Midwest CitySheffield Street & South Westminster RoadMidwest CityOK7313070Prospective
17 - Choctaw/HarrahResidence at ParksideNE 23rd Street & Straight StreetHarrahOK7304560Prospective
17 - Choctaw/HarrahVillas at Choctaw Creek, The16900 NE 23rd StreetChoctawOK7302050Planned
22 - Yukon/MustangLegacy Senior ResidencesSWC North Czech Hall Road & Marketplace DriveOklahoma CityOK7309954Prospective
23 - El RenoSunset Valley EstatesFunda Street & North Shepard AvenueEl RenoOK7303666Prospective
25 - StillwaterMagnolia Ridge702 South Jardot RoadStillwaterOK7407496Planned
28 - LawtonCrossroads at Westchester7100 West Gore BlvdLawtonOK7350556Prospective
28 - LawtonGrassland Estates6900 West Gore BlvdLawtonOK7350584Prospective
1 - Oklahoma City - DowntownAlley's End Phase II400 North E K Gaylord BlvdOklahoma CityOK73102103Prospective
1 - Oklahoma City - DowntownHarlow, The101 North Broadway AvenueOklahoma CityOK73102265Under Construction
1 - Oklahoma City - DowntownLEVEL EastNE 3rd Street & North Walnut AvenueOklahoma CityOK73104127Prospective
1 - Oklahoma City - DowntownLincoln Square424 North Phillips AvenueOklahoma CityOK7310450Prospective
1 - Oklahoma City - DowntownNW 4th Street & North Francis AvenueSEC NW 4th Street & North Francis AvenueOklahoma CityOK73106247Prospective
1 - Oklahoma City - DowntownSteelyard Phase II505 East Sheridan AvenueOklahoma CityOK73104150Prospective
2 - Oklahoma City - CentralGrand Blvd Townhomes Redevelopment2269 NE Grand CircleOklahoma CityOK7311188Prospective
2 - Oklahoma City - CentralHub, The101 NW 13th StreetOklahoma CityOK73107293Prospective
2 - Oklahoma City - CentralMansion Block Luxury HomesNE 15th Street & North Bryant AvenueOklahoma CityOK73117300Prospective
3 - Oklahoma City - Inner City South6 SE 4th Street6 SE 4th StreetOklahoma CityOK73129100Prospective
4 - Oklahoma City - I 240 CorridorCreekside Redevelopment5700 South Agnew AvenueOklahoma CityOK73119189Prospective
6 - Oklahoma City - SouthwestRising SunSW 15th Street & South MacArthur BlvdOklahoma CityOK73128184Prospective
8 - Oklahoma City - NorthwestMid - Town Redevelopment6001 North Brookline AvenueOklahoma CityOK73112189Prospective
9 - Oklahoma City - North801 NW 64th Street801 NW 64th StreetOklahoma CityOK73116308Prospective
9 - Oklahoma City - NorthCanton at Classen Curve, The6161 North Western AvenueOklahoma CityOK73118325Planned
9 - Oklahoma City - NorthChisholm Manor11109 North Western AvenueOklahoma CityOK7311496Prospective
9 - Oklahoma City - NorthOAK5101 North Pennsylvania AvenueOklahoma CityOK73112320Under Construction
9 - Oklahoma City - NorthPelican Hill4201 North Youngs BlvdOklahoma CityOK73112113Prospective
9 - Oklahoma City - NorthSouth EdmondWest Memorial Road & North Western AvenueOklahoma CityOK73114312Prospective
9 - Oklahoma City - NorthWilshire Point7300 North Classen BlvdOklahoma CityOK73116160Prospective
10 - Oklahoma City - NortheastBroadVue100 NE 85th StreetOklahoma CityOK73114323Under Construction
10 - Oklahoma City - NortheastCorridor, The6000 North Wildewood DriveOklahoma CityOK73105100Prospective
10 - Oklahoma City - NortheastNorthview Gardens13427 North Bryant AvenueEdmondOK7301376Prospective
12 - BethanyGeorge Redevelopment, The6600 NW 16th StreetOklahoma CityOK73127160Prospective
14 - Midwest City5905 Will Rogers Road5905 Will Rogers RoadMidwest CityOK7311084Prospective
14 - Midwest City9309 SE 29th St9309 SE 29th StreetOklahoma CityOK73130900Prospective
16 - EdmondDanforth CrossingSWC East Danforth Road & Sleepy Hollow RoadEdmondOK73034184Planned
16 - EdmondDooley CreekWest Edmond Road & South Kelly AvenueEdmondOK7300366Prospective
16 - EdmondEast Covell Road & Exchange DriveEast Covell Road & Exchange DriveEdmondOK73034600Prospective
16 - EdmondEdgewood1255 East Ayers StreetEdmondOK7303469Prospective
16 - EdmondKelly CornerWest Covell Road & North Kelly AvenueEdmondOK73003100Prospective
16 - EdmondLegend V Phase II2133 East 2nd StreetEdmondOK73034246Prospective
16 - EdmondLiberty ParkEast Coffee Creek Road & North Coltrane RoadEdmondOK73034414Prospective
16 - EdmondMeadow BrookNorth Air Depot Blvd & East Covell RoadEdmondOK73034330Planned
16 - EdmondOak ViewNorth Broadway & East Sorghum Mill RoadEdmondOK73034673Prospective
16 - EdmondOaks at Covell, TheEast Covell Road & North Sooner RoadEdmondOK73034102Prospective
16 - EdmondOxlley104 West Main StreetEdmondOK73003276Under Construction
16 - EdmondPure at Kelley Pointe, TheWest 33rd Street & South Kelley Pointe PkwyEdmondOK73034228Prospective
16 - EdmondShops at Spring CreekEast 15th Street & South Bryant AvenueEdmondOK73013100Prospective
16 - EdmondSouth EdmondInterstate 35 & East Memorial RoadEdmondOK73034312Prospective
16 - EdmondStone Hill Cottages at Iron Horse RanchSEC East Coffee Creek Road & North Coltrane RoadEdmondOK73034100Planned
16 - EdmondWestern and Memorial941 West Memorial RoadOklahoma CityOK73114220Prospective
18 - Norman - eastVerve, TheClassen Blvd & East Constitution StreetNormanOK73071625Prospective
19 - Norman - westRedlands48th Avenue NW & West Indian Hills RoadNormanOK73072456Prospective
21 - ChickashaDiamond Senior Apartments of Tuttle1300 North Mustang RoadTuttleOK7308960Prospective
22 - Yukon/Mustang10th Street12600 NW 10th StreetYukonOK73099100Under Construction
22 - Yukon/MustangAura LuxuryWest Interstate 40 Service Road & South Morgan RoadOklahoma CityOK7312864Prospective
22 - Yukon/MustangBabol Heights5201 South County Line RoadOklahoma CityOK7317991Prospective
22 - Yukon/MustangFlour Mill & Coop Mill Redevelopment219 West Main StreetYukonOK73099180Prospective
22 - Yukon/MustangKensington Place1017 South Morgan RoadOklahoma CityOK73064192Planned
22 - Yukon/MustangMarket at Czech Hall, The827 North Czech Hall RoadYukonOK73099252Prospective
22 - Yukon/MustangPure OKC3300 South Mustang RoadOklahoma CityOK73099150Under Construction
22 - Yukon/MustangWestgate Park10333 West Reno AvenueOklahoma CityOK73127444Under Construction
25 - StillwaterStillwater LoftsSouth Duck Street & West Elm AvenueStillwaterOK74074232Prospective
1 - Oklahoma City - DowntownBoardwalk at Bricktown, The2 East Reno AvenueOklahoma CityOK731021776Planned
3 - Oklahoma City - Inner City SouthAbbey, TheSW 7th Street & South Lee AvenueOklahoma CityOK73109266Prospective
3 - Oklahoma City - Inner City SouthBoulevard Place20 Oklahoma City BlvdOklahoma CityOK73109265Planned
16 - EdmondThe Oaks at CovellE Covell and N Sooner RDEdmondOK73034100Under Construction

RETURN TO
NATIONAL MAP

METHODOLOGY

richardRedding

Richard Redding

Senior Director

richard.redding@mmgrea.com

ColtonHowell

Colton Howell

Senior Director

colton.howell@mmgrea.com

Stuart Krous_Temporary

Stuart Krous

Associate Advisor

stuart.krous@mmgrea.com

Alex Blagojevich

Alex Blagojevich

Executive Managing Director / Co-Founder

alex.blagojevich@mmgrea.com

Michael-Sullivan

Michael Sullivan

Executive Managing Director / Co-Founder

michael.sullivan@mmgrea.com

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AS FEATURED IN

Construction Pipeline Report Methodology

Market Snapshot

Existing Units:  An estimate of the number of units in properties with 50 or more units.

Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.

Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.

Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.

Construction Pipeline Status

Prospective: Early-stage project concepts.

Planned: Projects with approved conceptual plans by planning/zoning authorities.

Under Construction: Actively developed properties.

UC/Lease-Up: Properties under development and pre-leasing.

Rental Category

Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.

High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.

Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).

Workforce: Aimed at blue-collar workers with lower incomes.

Pipeline Map & Data Table

Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.

Construction Pipeline Map

The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.