Exactly, here is what I think is going to happen. OG&E will sign as the anchor tenant for the new Stage Center Tower, which will provide enough incentive for Rainey Williams to pull the trigger on a 25-30 story tower. Moreover, there will probably be an agreement in place for Enable Midstream Partners to also move in this new tower after its completed. The Enogex lease in Leadership Square is up in March of 2017, this puts it in direct correspondence in completion with Stage Center Tower. If Rainey Williams starts tower late 2014 early 2015, more than likely it will be completed in the first quarter of 2017. The problem is that this is not a true spec tower, so when this tower is built, we will still have a backlog of businesses deterring away from downtown due to lack of Class A Office space. More to this problem is that developers in Quail Springs will see this, and start developing 50,000 to 60,000sqft spec Class A office buildings hence luring more companies to that area vs. the downtown core. We need a another developer to build a true spec tower.
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