{"id":1004050678,"date":"2012-08-26T11:31:40","date_gmt":"2012-08-26T19:31:40","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=64809"},"modified":"2022-12-08T18:55:13","modified_gmt":"2022-12-09T02:55:13","slug":"formal-unveiling-of-1-8-msf-devon-tower-set-for-oct-23","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/formal-unveiling-of-1-8-msf-devon-tower-set-for-oct-23\/","title":{"rendered":"Formal Unveiling of 1.8 MSF Devon Tower Set for Oct. 23"},"content":{"rendered":"

By Gabriel Circiog, Associate Editor<\/p>\n

The formal debut of Downtown Oklahoma City’s newest trophy property, the 50-story Devon Tower, is less than two months away. A dedication ceremony is scheduled for Oct. 23, \"\"<\/a>NewsOn6.com<\/em> reported.<\/em><\/p>\n

Located at 333 W. Sheridan Ave., the 1.8 million-square-foot office building serves as the headquarters for Devon Energy Corp. Designed by Pickard Chilton, the complex features a six-story glass rotunda with a skylit roof and balconies. A pedestrian promenade will serve as a public gathering space and offer access to retail and restaurants. The development also features a landscaped public park and plaza.<\/p>\n

Sustainable features include raised floors and low-emissivity glass windows spanning 10 feet from floor to ceiling. \u00a0The project aims to achieve LEED Gold certification. A five-level, 1,000-car parking garage has been expanded to 2,898 spaces.<\/p>\n

Even before its completion, Devon Tower has already made its presence felt. According to a recent report by Price Edwards & Co., the Downtown Oklahoma City office market has absorbed 240,000 square feet in the past 12 months, NewsOK.com<\/em> reports. That\u2019s the highest rate since Price Edwards started tracking the market in 1986.<\/p>\n

Ford Price, managing partner of Price Edwards,\u00a0explained that the Devon Tower has generated a new dynamic in the downtown office market as the tower absorbs a large volume of new space and other office properties are backfilled. One example is Continental Resources\u2019 absorption of 307,000 square feet vacated by Devon at 20 N. Broadway.<\/p>\n

Devon started moving employees into the lower levels of Devon Tower in March. According to a company spokesman, most of the remaining work is on the top five floors, including the new Vast restaurant, which will be located on floors 49 and 50.<\/p>\n

Rendering Courtesy of: www.hines.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

By Gabriel Circiog, Associate Editor The formal debut of Downtown Oklahoma City’s newest trophy property, the 50-story Devon Tower, is less than two months away. A dedication ceremony is scheduled for Oct. 23, NewsOn6.com reported. Located at 333 W. Sheridan Ave., the 1.8 million-square-foot office building serves as the headquarters for Devon Energy Corp. Designed […]<\/p>\n","protected":false},"author":264,"featured_media":1004506389,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004050678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest"],"acf":[],"yoast_head":"\nFormal Unveiling of 1.8 MSF Devon Tower Set for Oct. 23 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/formal-unveiling-of-1-8-msf-devon-tower-set-for-oct-23\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Formal Unveiling of 1.8 MSF Devon Tower Set for Oct. 23\" \/>\n<meta property=\"og:description\" content=\"By Gabriel Circiog, Associate Editor The formal debut of Downtown Oklahoma City’s newest trophy property, the 50-story Devon Tower, is less than two months away. A dedication ceremony is scheduled for Oct. 23, NewsOn6.com reported. Located at 333 W. Sheridan Ave., the 1.8 million-square-foot office building serves as the headquarters for Devon Energy Corp. 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