Retail, entertainment, more planned for development off Kilpatrick Turnpike in Oklahoma City
by Brianna Bailey
Published: October 19, 2013
Plans for a new 180-acre development called Chisholm Creek off the John Kilpatrick Turnpike at N Western include a new hotel and event center, a food truck court, entertainment venues, multifamily housing, restaurants and shops. The planned development is a joint effort of the Oklahoma City-based property management company Medallion Management; Austin, Texas-based Retail Endeavors Group; and Los Angeles-based Blue Ridge Fund, according to a marketing plan outlined on a website promoting the Chisholm Creek development plan. Several office buildings, along with multifamily housing, also are shown in the master plan for Chisolm Creek, available at the website chisholmcreekokc.com. However the developers declined to talk about the specifics of the project on Friday.
“We are excited about the potential of a truly one-of-a-kind retail development for the Oklahoma City area at this prime site,” said Whitney Rainbolt, a broker for Medallion Management, in a statement.
The development is generating interest from national retailers, Rainbolt said in the statement.
“Located at Western and Memorial, with frontage on Penn as well, this 180 acres will be a mixed-use development,” Rainbolt said. “While interest from retailers across the country in this site and potential development is exceptionally high, it is premature to discuss specifics of the development until plans are finalized in coming weeks.”
Property records show that most of the land in the area pegged for development has been held by local real estate investor Don Karchmer through the company Houghton Heights LP since at least the 1990s. A call to Karchmer's office was not immediately returned on Friday. Karchmer recently sold 8 acres of the land he owns on the southwest corner of the Kirkpatrick turnpike and North Western in August for $3.4 million for the new $22.3 million St. Anthony Healthplex that is being developed there. Renderings of the St. Anthony development, along with those of the five-story Healthplex, are displayed in Chisolm Creek marketing materials as a draw for potential retailers.
Other development projects that are not part of the Chisolm Creek project are also in the works along the Kirkpatrick Turnpike corridor. A building permit filed with the city on Thursday show plans for a 58,000-square-foot, $7.8 million family entertainment center called Main Event directly to the north from the planned Chisholm Creek development on the other side of the Kilpatrick Turnpike. Plano, Texas-based Main Event has 12 locations in Texas and one in Arizona, featuring bowling alleys and laser tag along with bars and restaurants. Calls to Main Event's development office in Plano were not returned. In August, a group of local investors called Origin LLC unveiled plans for a 61,618-square-foot, two-story development called Skybox featuring a two restaurants and a 24-acre golf driving range on Highland Park Boulevard off the John Kilpatrick Turnpike.