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Boeing bounce lures apartment construction to southeast Oklahoma City

Developer Richard Tanenbaum said he is aiming Liberty Pointe Apartments at people who will take some 1,600 jobs to be created in defense, aerospace, industrial area near Tinker Air Force Base in coming months.
by Richard Mize Published: August 2, 2012
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Liberty Pointe Apartments is going where the jobs are Boeing.

Gardner Tanenbaum Holdings points to growing Boeing, L3 Communications, Northrop Grumman, Oklahoma Heart Hospital South, Tinker Air Force Base and other major employers in the neighborhood around Interstate 240 and Air Depot Boulevard, where its 324-unit complex is under construction at 6600 SE 74.

Developer Richard Tanenbaum said he is aiming Liberty Pointe at people who will take some 1,600 jobs to be created in the area in coming months.

“We have been developing in this southeast quadrant since 2000. We know our customer and we are providing a wonderful residential opportunity to serve terrific folks that won't need to travel as far to be at home,” said Tanenbaum, who developed the Boeing, L3 Communications, Northrop Grumman properties and others near Tinker.

C.F. Jordan Construction, based in El Paso, Texas, is the builder. Comerica Bank in Dallas provided construction financing. Dallas-based Riverstone Residential Group will handle leasing and management.

Riverstone is ready to add Liberty Pointe to its management portfolio of suburban, high-profile apartment complexes, said Brian Whisnand, vice president. Riverstone manages apartments in the Dallas, Houston, Austin and San Antonio areas of Texas, as well as Denver, Phoenix, Atlanta and Nashville, Tenn.

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by Richard Mize
Real Estate Editor
Real estate editor Richard Mize has edited The Oklahoman's weekly residential real estate section and covered housing, commercial real estate, construction, development, finance and related business since 1999. From 1989 to 1999, he worked...
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