Press release.
See renderings of Central Exchange here: http://www.okctalk.com/showthread.php?t=43990
Parlor will be taking the east building.
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FOOD HALL AND BAR TO BE FIRST TENANT IN CENTRAL EXCHANGE DEVELOPMENT IN DOWNTOWN OKLAHOMA CITY’S AUTOMOBILE ALLEY
Parlor OKC to open summer 2019 with two bars, a rooftop deck, and multiple locally-operated kitchens
OKLAHOMA CITY – Today Oklahoma City developer Tribune Capital unveiled its first tenant at its Central Exchange development in Automobile Alley, 11 NE 6th Street. Parlor OKC will open summer 2019.
Parlor OKC is a 13,000-square-foot food hall with two bars featuring local craft beer and house-created artisanal cocktails, along with multiple kitchens operated by local and regional chefs. It will contain approximately 350 seats, including multiple lounge areas and a rooftop patio. Parlor will begin curating kitchen concepts by the end of 2018 and plans to open its doors to the public in early summer 2019. Parlor OKC is modeled after Parlor KC, which opened in Kansas City, MO earlier this year. Both are operated by the Meriwether Companies of Boulder, CO.
“Parlor is a collection of chefs coming together to advance the concept of how people eat and drink. Our aim is to curate a diverse group of culinary concepts, paired with inventive cocktails and craft beer, and celebrate it all in an eclectic atmosphere under one roof,” said Davis Engle, vice president of Meriwether Companies.
Central Exchange is a 42,000 mixed-use redevelopment of the historic Pioneer Telephone switch house and garage in Automobile Alley. The project was designed by AHMM Architects. Lingo Construction is the contractor. Construction started summer 2018 with expected completion mid-2019. The 4-story switch house is being converted into office space. Parlor OKC will anchor the project in the 2-story historic garage next door. The site includes ample parking, much of which is covered, to the north, accessible from 7th Street. Tribune is coordinating with neighbors to encourage walkability and cohesion in the neighborhood. Central Exchange has up to 29,000 square feet of office and retail space available for lease adjacent to Parlor.
“We were approached by Parlor who was attracted to this area for the obvious reasons, being on 6th Street makes us easy to get to. Plus we’re just a block from the new streetcar stop, and we have ample parking to the north. Parlor knows how to build a product that becomes a destination for food and drink, but they’ve also proven their business model, as well,” said Reese Travis, CEO of Tribune Capital. “I am moving my employees down here from up north, and as you can imagine, they’re all excited about the announcement, and they know there is more to come.”
For more information on Parlor OKC, visit www.parlorokc.com.
For more information on Parlor KC, visit, in the Kansas City Crossroads district, visit. www.parlorkcmo.com or on social at @parlorkcmo.
ABOUT TRIBUNE CAPITAL
Tribune Capital is an Oklahoma City based private equity firm, founded in 2015, that is currently pursuing assets in the commercial and multi-family real estate industry within the Mid-Continent region. Our team of entrepreneurial, experienced investment managers works on projects that target high return, value addition, and new developments maximizing the return on investment for all of our clients. For more information, visit http://www.tribunecapital.com.
ABOUT MERIWETHER COMPANIES
Founded in 2014, Boulder, Colorado-based Meriwether Companies is a multi-disciplined real estate development and investment firm focused on distinctive residential and hospitality projects located in resort communities and select urban settings. For more information, visit meriwetherco.com.
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