Oklahoma City Construction Pipeline 2Q24

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

9,439 Units

Planned

2,991 Units

Under Construction

961 Units

UC/Lease-Up

2,209 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
Yukon/MustangPure OKC3300 South Mustang RoadYukonOK73099150UC/Lease-Up
Yukon/MustangWestgate Park10333 West Reno AvenueOklahoma CityOK73127444UC/Lease-Up
Oklahoma City - NortheastBroadVue8500 North Oklahoma AvenueOklahoma CityOK73114323UC/Lease-Up
Oklahoma City - NorthwestTuscany Village6900 London WayOklahoma CityOK73132310UC/Lease-Up
Oklahoma City - NorthChisholm Pointe1800 NW 115th StreetOklahoma CityOK73120216UC/Lease-Up
Yukon/MustangRidge at 66, The4300 Caravel DriveYukonOK73099339UC/Lease-Up
EdmondLofts at Valencia, The2717 NW 178th StreetEdmondOK73012212UC/Lease-Up
Oklahoma City - NorthwestQuail Village2145 NW Watermark BlvdOklahoma CityOK73134215UC/Lease-Up
Quail North14700 Mezzaluna BlvdOklahoma CityOK73134104Prospective
Oklahoma City - DowntownAlley's End Phase II400 North E K Gaylord BlvdOklahoma CityOK73102103Prospective
Oklahoma City - DowntownHarlow, The101 North Broadway AvenueOklahoma CityOK73102265Under Construction
Oklahoma City - DowntownLEVEL EastNE 3rd Street & North Walnut AvenueOklahoma CityOK73104127Prospective
Oklahoma City - DowntownLincoln Square424 North Phillips AvenueOklahoma CityOK7310450Prospective
Oklahoma City - DowntownNW 4th Street & North Francis AvenueSEC NW 4th Street & North Francis AvenueOklahoma CityOK73106247Prospective
Oklahoma City - CentralGrand Blvd Townhomes Redevelopment2269 NE Grand CircleOklahoma CityOK7311188Prospective
Oklahoma City - CentralHub, The101 NW 13th StreetOklahoma CityOK73107293Prospective
Oklahoma City - CentralMansion Block Luxury HomesNE 15th Street & North Bryant AvenueOklahoma CityOK73117300Prospective
Oklahoma City - Inner City South6 SE 4th Street6 SE 4th StreetOklahoma CityOK73129100Prospective
Oklahoma City - I 240 CorridorCreekside Redevelopment5700 South Agnew AvenueOklahoma CityOK73119189Prospective
Oklahoma City - NorthwestMid - Town Redevelopment6001 North Brookline AvenueOklahoma CityOK73112189Prospective
Oklahoma City - North801 NW 64th Street801 NW 64th StreetOklahoma CityOK73116308Prospective
Oklahoma City - NorthCanton at Classen Curve, The6161 North Western AvenueOklahoma CityOK73118325Planned
Oklahoma City - NorthChisholm Manor11109 North Western AvenueOklahoma CityOK7311496Prospective
Oklahoma City - NorthOAK5101 North Pennsylvania AvenueOklahoma CityOK73112320Under Construction
Oklahoma City - NorthPelican Hill4201 North Youngs BlvdOklahoma CityOK73112113Prospective
Oklahoma City - NorthSouth EdmondWest Memorial Road & North Western AvenueOklahoma CityOK73114312Prospective
Oklahoma City - NorthWilshire Point7300 North Classen BlvdOklahoma CityOK73116160Prospective
Oklahoma City - NortheastCorridor, The6000 North Wildewood DriveOklahoma CityOK73105100Prospective
Oklahoma City - NortheastNorthview Gardens13427 North Bryant AvenueEdmondOK7301376Prospective
BethanyAshwood6600 NW 16th StreetOklahoma CityOK73127160Prospective
Midwest City5905 Will Rogers Road5905 Will Rogers RoadMidwest CityOK7311084Prospective
Midwest City9309 SE 29th St9309 SE 29th StreetOklahoma CityOK73130900Prospective
MooreRedlands48th Avenue NW & West Indian Hills RoadNormanOK73072531Prospective
EdmondDanforth Crossing4900 East Danforth RoadEdmondOK73034103Planned
EdmondDooley CreekWest Edmond Road & South Kelly AvenueEdmondOK7300366Prospective
EdmondEast Covell Road & Exchange DriveEast Covell Road & Exchange DriveEdmondOK73034600Prospective
EdmondEdgewood1255 East Ayers StreetEdmondOK7303469Prospective
EdmondKelly CornerWest Covell Road & North Kelly AvenueEdmondOK73003100Prospective
EdmondLegend V Phase II2133 East 2nd StreetEdmondOK73034246Prospective
EdmondLiberty ParkEast Coffee Creek Road & North Coltrane RoadEdmondOK73034414Prospective
EdmondMeadow BrookNorth Air Depot Blvd & East Covell RoadEdmondOK73034330Planned
EdmondOak ViewNorth Broadway & East Sorghum Mill RoadEdmondOK73034673Prospective
EdmondOaks at Covell, TheEast Covell Road & North Sooner RoadEdmondOK73034102Prospective
EdmondOxlley104 West Main StreetEdmondOK73003276Under Construction
EdmondPure at Kelley Pointe, TheWest 33rd Street & South Kelley Pointe PkwyEdmondOK73034228Prospective
EdmondShops at Spring CreekEast 15th Street & South Bryant AvenueEdmondOK73013100Prospective
EdmondSouth EdmondInterstate 35 & East Memorial RoadEdmondOK73034312Prospective
EdmondWestern and Memorial941 West Memorial RoadOklahoma CityOK73114220Prospective
EdmondThe Encore Apartments3916 NW 164th StEdmondOK73013396UC/Lease-Up
Norman - eastVerve, TheClassen Blvd & East Constitution StreetNormanOK73071625Prospective
ChickashaDiamond Senior Apartments of Tuttle1300 North Mustang RoadTuttleOK7308960Prospective
Yukon/Mustang10th Street12600 NW 10th StreetYukonOK73099100Under Construction
Yukon/MustangAura LuxuryWest Interstate 40 Service Road & South Morgan RoadOklahoma CityOK7312864Prospective
Yukon/MustangFlour Mill & Coop Mill Redevelopment219 West Main StreetYukonOK73099180Prospective
Yukon/MustangKensington Place1017 South Morgan RoadOklahoma CityOK73064192Planned
Yukon/MustangTrailwinds ApartmentsTrailwinds ApartmentsOklahoma CityOK73099418Under Construction
Yukon/MustangMarket at Czech Hall, The827 North Czech Hall RoadYukonOK73099252Prospective
StillwaterStillwater LoftsSouth Duck Street & West Elm AvenueStillwaterOK74074232Prospective
Oklahoma City - DowntownBoardwalk at Bricktown, The2 East Reno AvenueOklahoma CityOK731021776Planned
Oklahoma City - Inner City SouthAbbey, TheSW 7th Street & South Lee AvenueOklahoma CityOK73109266Prospective
Oklahoma City - Inner City SouthBoulevard Place20 Oklahoma City BlvdOklahoma CityOK73109265Planned

RETURN TO
ALL REPORTS

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.

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