Tulsa Construction Pipeline 4Q23

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

Pre-Planned

1,468 Units

Planned

182 Units

Under Construction

901 Units

Lease-Up

196 Units

Building Style

591

Garden-style
Units Under Construction or in Lease-Up

506

Mid-rise / Hi-rise
Units Under Construction or in Lease-Up

0

Single-Family
Units Under Construction or in Lease-Up

Demand v Completion

*Denotes Estimated Annual Total

Permitting Data

Submarket Breakdown

593 Units Under Construction

Demand Forecast
[Next 4 Quarters]
Supply Forecast
[Next 4 Quarters]
Historical Delivery
[10-Yr Average]
110593195

308 Units Under Construction

Demand Forecast
[Next 4 Quarters]
Supply Forecast
[Next 4 Quarters]
Historical Delivery
[10-Yr Average]
713080

0 Units Under Construction

Demand Forecast
[Next 4 Quarters]
Supply Forecast
[Next 4 Quarters]
Historical Delivery
[10-Yr Average]
-77060

196 Units Under Construction

Demand Forecast
[Next 4 Quarters]
Supply Forecast
[Next 4 Quarters]
Historical Delivery
[10-Yr Average]
-2390354

0 Units Under Construction

Demand Forecast
[Next 4 Quarters]
Supply Forecast
[Next 4 Quarters]
Historical Delivery
[10-Yr Average]
27196143

Tulsa Construction Pipeline

The information provided in this construction pipeline map is obtained from RealPage. 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

Property NameDeveloperSubmarketAddressCityStateZIP CodeProperty StatusConstruction Start Date (in quarters)Construction Finish Date (in quarters)Total UnitsProperty Structure
ArcoPrice Family PropertiesCentral Tulsa119 E 6th StTulsaOK74119Pre-Planned80Tower
Former Sinclair BuildingThe Ross GroupCentral Tulsa6 E 5th StTulsaOK74103Under Construction12/01/202208/01/202466Tower
NOMAPrivate DeveloperCentral Tulsa2219 E 11th StTulsaOK74104Under Construction11/01/202103/01/2024256Wrap
Rockford ParkPrivate DeveloperCentral TulsaE 8th St & S Rockford AveTulsaOK74120Under Construction12/01/202207/01/202487Garden,Townhome/Row Home
Santa Fe SquareAmerican Residential GroupCentral TulsaE 2nd St & S Greenwood AveTulsaOK74120Under Construction07/01/202109/01/2024184Tower
The AnnexFlaherty & Collins PropertiesCentral Tulsa100 E 2nd StTulsaOK74103Pre-Planned240Tower
Western SupplyPrivate DeveloperCentral Tulsa424 N Boulder AveTulsaOK74103Pre-Planned320Garden
Village at StuartLeinbach CompaniesEast Tulsa13818 E 51st StTulsaOK74134Under Construction03/01/202209/01/2024308Garden
Former Iron WorksAlchemy DevelopmentNorth TulsaE Archer St & N Lansing AveTulsaOK74106Pre-Planned200Tower
Mortons ReservePrivate DeveloperNorth Tulsa605 E Pine StTulsaOK74106Pre-Planned64Tower
Aspen MeadowsCase & AssociatesSouth Tulsa/Broken ArrowN Aspen Ave & W Princeton CirBroken ArrowOK74012Pre-Planned282Garden
Berkshire @1ElevenBerkshire Lane Development PartnersSouth Tulsa/Broken ArrowS 145th St & Creek TpkeBroken ArrowOK74011Planned07/01/202402/01/2026182Garden
Residences at Boardwalk IIBlack Gold GroupSouth Tulsa/Broken Arrow12305 S Memorial DrBixbyOK74008Pre-Planned177Garden
Residences at Boardwalk IIIBlack Gold GroupSouth Tulsa/Broken Arrow12305 S Memorial DrBixbyOK74008Pre-Planned105Garden
The LaurelWilliamson CompaniesWest Tulsa11421 S James AveJenksOK74037Under Construction/Lease-Up07/01/202203/01/2024196Garden

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METHODOLOGY

Image of Colton

Colton Howell

Senior Director
Image of Richard

Richard Redding

Senior Director
Stuart Krous_Temporary

Stuart Krous

Associate Advisor

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