Wednesday, December 5, 2018 | by Richard Mize
Chisholm Creek is up.
Developer Medallion Group has brought on Birmingham-based Bayer Properties to help refine plans for the mixed-use project's "main street" retail and other features.
The 190-acre development's future will include Class A office space, luxury apartments, a hotel, an amphitheater, a boutique cinema, food hall, regional park and state-of-the-art hospital, Bayer said.
Bayer said it will lead remaining planning for Chisholm Creek, anchored by Top Golf, iFly Skydiving and Cabela's at the southwest corner of Memorial Road and N Western Avenue. Another 28 retail, dining and recreational tenants also operate there.
“Chisholm Creek is positioned to become one of Oklahoma City's greatest attractions, a place where the community can gather and enjoy an eclectic mix of experiences at one dynamic, connected location,” said Libby Lassiter, executive vice president of development and leasing at Bayer Properties.
Whitney Rainbolt, chief marketing officer for Medallion Group, said the local developer, based at 13230 Pawnee Drive, Suite 301, in Chisholm Creek, picked Bayer Properties because it succeeds at what it attempts.
“We selected Bayer Properties based on the firm's expertise in creating successful experiential projects as evidenced by its most recent development, The Summit at Fritz Farm in Lexington, Kentucky,” Rainbolt said. “Bayer's development and leasing teams have a proven track record for creating destinations that are woven into the fabric of the community and recruiting unique-to-market tenants.”
Bayer is not a newcomer to Oklahoma City and "should be a good fit for Chisholm Creek," said Jim Parrack, senior vice president and retail property specialist with Price Edwards & Co., which manages property at the development.
"They are no stranger to the Oklahoma City market, having managed and leased Quail Springs Marketplace for a number of years up until its recent sale," Parrack said. "And Bayer looked hard at an upscale mixed-use development on the southeast corner of 15th and Interstate 35 in Edmond just prior to the Great Recession.
"So they understand our market and have expertise in quality mixed-use lifestyle developments and relationships with the types of retailers necessary to make this type of project successful."
Lassiter said Chisholm Creek "has the potential to be a one-of-a-kind destination that resonates with the local community."
“We know that a mixed-use project, if executed correctly, is more than the sum of its parts," she said. "Chisholm Creek will become a special place where the people of Oklahoma City want to spend time.”
Chisholm Creek will rise "to the next level" with Bayer Properties on board, said Mark Inman, senior vice president and retail broker with CBRE. "Chisholm is a well-positioned project to continue to grow and thrive."