American Fidelity Corp. has expanded its new footprint at Britton Road and Broadway Extension by buying property long occupied by some of Oklahoma City's oldest radio stations.
The company's 9000 Broadway LLC bought a 16,000-square-foot, single-story building and 6 acres from The Springhill Group for $1.4 million. Tyler Media leases the space for FM stations KRXO, KMGL, KOMA and KJKE and for KOKC-AM.
The broadcasting center is at 400 E Britton Road, adjacent to properties that American Fidelity acquired last fall at 301 E Britton and 9000 Broadway Extension. The insurer bought some 150 acres, an office tower and industrial plant from The Oklahoma Publishing Company, publisher of The Oklahoman.
The insurance company has no immediate plans for the new acquisition as it proceeds with changes to the two former OPUBCO properties, said Melody Wortmann, assistant vice president at American Fidelity Assurance Co.
“The broadcasting property is an acquisition that will be a part of our overall development of the 9000 Broadway property. We do not have any specific plans as of this point in time,” she said.
Ty Tyler, president of Tyler Media, said he didn't know when the radio stations would move and noted that a lease is in effect. OPUBCO continues to lease office space from American Fidelity but plans to relocate downtown in spring 2014, and has a longer-term agreement for occupation of the press plant.
American Fidelity intends to relocate its headquarters from 2000 N Classen.
Gaylord Broadcasting Co. built the radio building in 1976. In 1991, ownership transferred to OPUBCO. Citadel Broadcasting Co. bought the property in 2003 and sold it to The Springhill Group in 2007.