Widgets Magazine
  • American Fidelity buys large parcel from McClendon estate

    American Fidelity continues to add to its real estate empire along Broadway Extension in north Oklahoma City.

    After acquiring an office tower, printing plant, parking structure and a large amount of acreage from Oklahoma Publishing Company in 2012, last month the company purchased approximately 80 acres immediately south, property which had been owned by an LLC headed by Aubrey McClendon.

    Purchase price was $5.8 million.

    Prior to his death in 2016, McClendon had planned to build a campus for his American Energy Partners on the property located at the northeast corner of Wilshire and Broadway Extension.

    American Fidelity had for some time owned 55 acres south of Wilshire as well as some small industrial buildings and this latest acquisition creates contiguous ownership for a large swath along the east side of the freeway.

    Since the 2012 purchase from OPUBCO, American Fidelity systematically renovated the 12-story tower and relocated the large majority of their employees from a complex at 2000 N. Classen

    Plans found on the TAP Architecture site show the company plans to expand their corporate campus with new office structures and more parking.

    before McClendon's demise, there had been discussions regarding a large mixed-use development that would have been located between the American Fidelity and American Energy Partners campuses.

    Now, almost prime 300 acres are under singular ownership.

    American Fidelity Corporation is privately owned with its primary business being American Fidelity Assurance, a health insurance company.

    The Oklahoma City Chamber of Commerce shows the enterprise as one of OKC's largest employers at approximately 1,650 employees.

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