In August of 2012, an LLC affiliated with SandRidge Energy purchased the 1.83 acres shown in yellow below from OPUBCO for $1.97 million.

We know from several good sources that LandRun Commercial (developers of The Rise) now has the property under contract.

This parcel is surrounded by land owned by the City of Oklahoma City (show in pink) and was once considered for the new headquarters of the Chamber of Commerce. Combined with the SandRidge property, this vacant site is over 3.4 acres; by way of comparison, the Stage Center site (for the proposed OG&E Tower) is 3.2 acres. No word yet on whether LandRun will acquire the City-owned property as well.

As we understand it, there are several concepts being evaluated for this property, with no firm development decisions as of yet.

Also, LandRun owns property at 6th & Broadway (shown in green) which is immediately adjacent to another key SandRidge property (blue). It has long been expected that the large lots SandRidge owns on Broadway would be developed into structured parking with retail/commercial space on the ground floors.