Health issues are prompting a couple who spent eight years building their dream home in Deep Deuce to place it for sale just two years after its completion.
When Larry and Regina Waters first bought the empty, forgotten two-story Clark Building, 16 NE 2, in 2004, the surrounding area was littered with abandoned surface parking lots. The block is now fully developed with condominiums, an upscale hotel, restaurants and shops.
Area developers have long considered the redeveloped Clark Building a showstopper for the district.
The addition of bay windows to the brick building’s west facade, a 1,500-foot glass-encased entertainment room and pool added to the rooftop have long captured the curiosity of onlookers who often sought to coax contractors into letting them get an inside glimpse of the property while it was still being renovated.
The property measures 18,500 square feet, including indoor parking. Another 4,000 square feet of outdoor lanai living space is on the penthouse floor, including a rooftop saltwater pool, koi pond, kitchen, garden and living space.
The nature of Larry Waters’ health issues was undisclosed, but at a meeting Wednesday of the downtown business improvement district (he is a board member), officials with Downtown Oklahoma City Inc. reported Waters recently suffered a stroke.
Justin Wilson and Andy Burnett with Newmark Grubb are representing the Waterses on the sale. They are not listing an asking price.
Newmark Grubb will host three upcoming open houses at the Clark Building, and will not be allowing any other tours of the property. The open houses will will be held 7 to 8:30 p.m. Tuesday, 8 p.m. to 9:30 p.m. July 24, and 4 p.m. to 6 p.m. July 28. Purchase offers will be due 5 p.m. July 29.