Corporate giant Hobby Lobby is again expanding the footprint of its Oklahoma City headquarters.
Hobby Lobby will occupy 6 million square feet at SW 44 and Council Road after the expansion of one of its warehouses is completed this summer — double the space it had eight years ago.
And the company isn't done growing. Work is beginning on a three-story, 150,000-square-foot office building just south of SW 44. The $16.8 million project is expected to be complete next year.
And Hobby Lobby's plan to build six additional buildings, creating an L-shaped industrial park along Airport Road, were approved by the city's planning commission Thursday.
When complete, the projects will bring the crafting company's campus to more than 6.6 million square feet. Hobby Lobby is the largest industrial property owner in Oklahoma City.
“They are a dynamic force in Oklahoma and they have a tremendous influence on the industrial market, particularly in that area,” said Randy Lacey, vice president of Newmark Grubb Levy Strange Beffort.
He noted several other companies — Associated Wholesale Grocers, Paccar and Medline — have made major investments near Hobby Lobby. “This area has really experienced a lot of growth. Hobby Lobby is leading the way,” Lacey said.
Hobby Lobby spent about $35 million buying up properties and 300 acres surrounding its headquarters in 2012, according to county records.