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SandRidge looks at employing 2,000 downtown within five years as headquarters expansion continues

As SandRidge Energy celebrates its fifth anniversary, Chief Executive Officer Tom Ward is looking ahead at growth that will include a tripling of the downtown workforce and construction of a building equal in size to the 29-story SandRidge Building.
by Steve Lackmeyer Published: September 17, 2011

Ward estimated it would have cost as much as $150 million to acquire land and build a new headquarters.

He believes the west lobby of the SandRidge Building should reopen this winter, and landscaping around the new entrance will begin about the same time. He said the renovation of the neighboring Braniff Building will be done in a year, with restaurants and retail on the first floor and offices above.

Demolition of the old Petroleum Club office building and garage at 120 Robert S. Kerr Ave. will begin later this year, and the unnamed “amenities building” that will take its place will be up in 2014.

The company's purchase of the Broadway-Kerr Garage from the Central Oklahoma Transportation and Parking Authority, meanwhile, is set for January.

Excited by growth

Ward said he is excited to see the growth nearby from Devon Energy Corp. and the pending arrival downtown of Continental Resources from Enid. He said the same oil plays boosting their companies' growth will likely give birth to other startups — companies he believes might consider downtown as a home as well.

Ward said SandRidge Commons is designed to accommodate his company's growth — and create a welcoming environment to the community and visitors.

“We can grow the company into the best energy company in the world,” he said.

CONTRIBUTING: Business Writer Jay F. Marks

by Steve Lackmeyer
Business Reporter
Steve Lackmeyer is a reporter and columnist who started his career at The Oklahoman in 1990. Since then, he has won numerous awards for his coverage, which included the 1995 bombing of the Alfred P. Murrah Federal Building, the city's Metropolitan...
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