CONSTRUCTION PIPELINE

Oklahoma City 3Q 2024

0

UNITS UNDER CONSTRUCTION

0

IN PRE-LEASE /
LEASE UP PHASE

0

UNITS PLANNED

0

PROSPECTIVE UNITS

0

2024 MONTHLY AVG. PRE-LEASE ABSORPTION

0

T24 MONTHLY AVG. PRE-LEASE ABSORPTION

pipeline trends

Share of Inventory Under Construction or in Lease-Up

Pre-Lease Absorption Rate by Month

Multifamily Starts

Construction Pipeline

Forecasted Delivery Dates

Pipeline Status Breakdown by City

Pipeline Data Map

Disclaimer: The property data depicted in our maps is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 8/15/2024, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.

Full Data Table

Property NameProperty AddressCityStateZip CodeUnit CountProperty StatusForecasted Completion DateStart Of Rent Up
Lofts at Valencia, The2717 NW 178th StreetEdmondOK73012218In Pre-Lease/Lease Up Phase8/31/247/31/23
Quail Village2145 NW Watermark BlvdOklahoma CityOK73134215In Pre-Lease/Lease Up Phase9/30/245/1/23
Ridge @ 66, The4300 Caravel DriveYukonOK73099339In Pre-Lease/Lease Up Phase9/30/249/8/23
Pure OKC3300 South Mustang RoadYukonOK73099150In Pre-Lease/Lease Up Phase9/30/244/5/24
Chisholm Pointe1721 NW 115th StreetOklahoma CityOK73120216In Pre-Lease/Lease Up Phase12/31/2410/10/23
Residences at Oak, The5001 North Pennsylvania AvenueOklahoma CityOK73112320In Pre-Lease/Lease Up Phase12/31/247/9/24
Oxlley101 West Main StreetEdmondOK73003276In Pre-Lease/Lease Up Phase2/28/256/1/24
Westgate Park10333 West Reno AvenueOklahoma CityOK73127444In Pre-Lease/Lease Up Phase3/31/254/1/24
10th Street12600 NW 10th StreetYukonOK73099100Under Construction4/30/25
Harlow, The101 North Broadway AvenueOklahoma CityOK73102265Under Construction9/30/25
Mid - Town Redevelopment6001 North Brookline AvenueOklahoma CityOK73112189Prospective
6 SE 4th Street6 SE 4th StreetOklahoma CityOK73129100Prospective
9420 West Interstate 40 Service Road9420 West Interstate 40 Service RoadOklahoma CityOK73128100Prospective
NW 9th Street & North Walker AvenueNW 9th Street & North Walker AvenueOklahoma CityOK73114300Prospective
Grand Blvd Townhomes Redevelopment2269 NE Grand CircleOklahoma CityOK7311188Prospective
Western and Memorial941 West Memorial RoadOklahoma CityOK73114220Prospective
5905 Will Rogers Road5905 Will Rogers RoadMidwest CityOK7311084Prospective
East Covell Road & Exchange DriveEast Covell Road & Exchange DriveEdmondOK73034600Prospective
Pure at Kelley Pointe, TheWest 33rd Street & South Kelley Pointe PkwyEdmondOK73034228Prospective
801 NW 64th Street801 NW 64th StreetOklahoma CityOK73116308Prospective
Chisholm Manor11109 North Western AvenueOklahoma CityOK7311496Prospective
Verve, TheClassen Blvd & East Constitution StreetNormanOK73071625Prospective
Redlands48th Avenue NW & West Indian Hills RoadNormanOK73072531Prospective
Creekside Redevelopment5700 South Agnew AvenueOklahoma CityOK73119189Prospective
Abbey, TheSW 7th Street & South Lee AvenueOklahoma CityOK73109266Prospective
Legend V Phase II2133 East 2nd StreetEdmondOK73034246Prospective
Pelican Hill4201 North Youngs BlvdOklahoma CityOK73112113Prospective
Lincoln Square424 North Phillips AvenueOklahoma CityOK7310450Prospective
Ashwood6600 NW 16th StreetOklahoma CityOK73127160Prospective
Alley's End Phase II400 North E K Gaylord BlvdOklahoma CityOK73102103Prospective
Wilshire Point7300 North Classen BlvdOklahoma CityOK73116160Prospective
Canton at Classen Curve, The6161 North Western AvenueOklahoma CityOK73118325Prospective
Aura LuxuryWest Interstate 40 Service Road & South Morgan RoadOklahoma CityOK7312864Prospective
Shops at Spring CreekEast 15th Street & South Bryant AvenueEdmondOK73013100Prospective
LEVEL EastNE 3rd Street & North Walnut AvenueOklahoma CityOK73104127Prospective
Hub, The101 NW 13th StreetOklahoma CityOK73107293Prospective
Edgewood1255 East Ayers StreetEdmondOK7303469Prospective
NW 4th Street & North Francis AvenueSEC NW 4th Street & North Francis AvenueOklahoma CityOK73106247Prospective
South EdmondInterstate 35 & East Memorial RoadEdmondOK73034312Prospective
Mansion Block Luxury HomesNE 15th Street & North Bryant AvenueOklahoma CityOK73117300Prospective
Diamond Senior Apartments of Tuttle1300 North Mustang RoadTuttleOK7308960Prospective
Northview Gardens13427 North Bryant AvenueEdmondOK7301376Prospective
Oak ViewNorth Broadway & East Sorghum Mill RoadEdmondOK73034673Prospective
Flour Mill & Coop Mill Redevelopment219 West Main StreetYukonOK73099180Prospective
Corridor, The6000 North Wildewood DriveOklahoma CityOK73105100Prospective
Market at Czech Hall, The827 North Czech Hall RoadYukonOK73099252Prospective
Dooley CreekWest Edmond Road & South Kelly AvenueEdmondOK7300366Prospective
9309 SE 29th St9309 SE 29th StreetOklahoma CityOK73130900Prospective
South EdmondWest Memorial Road & North Western AvenueOklahoma CityOK73114312Prospective
Boulevard Place20 Oklahoma City BlvdOklahoma CityOK73109265Planned
Quail North14700 Mezzaluna BlvdOklahoma CityOK73134104Planned
Boardwalk at Bricktown, The2 East Reno AvenueOklahoma CityOK731021,776Planned
Meadow BrookNorth Air Depot Blvd & East Covell RoadEdmondOK73034330Planned
Oaks at Covell, TheEast Covell Road & North Sooner RoadEdmondOK73034102Planned
Kelly CornerWest Covell Road & North Kelly AvenueEdmondOK73003100Planned
Kensington Place1017 South Morgan RoadOklahoma CityOK73064192Planned
Liberty ParkEast Coffee Creek Road & North Coltrane RoadEdmondOK73034414Planned
Danforth Crossing4900 East Danforth RoadEdmondOK73034103Planned

METHODOLOGY

richardRedding

Richard Redding

Senior Director

richard.redding@mmgrea.com

ColtonHowell

Colton Howell

Senior Director

colton.howell@mmgrea.com

Stuart Krous 2024

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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