Historic downtown Oklahoma City building purchased, will be turned into housing

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Historic downtown Oklahoma City building purchased, will be turned into housing

Gardner Tanenbaum Holdings has bought Renaissance Robinson, office towers at 119 N Robinson in downtown Oklahoma, and plans to convert it partly to upscale housing.

More upscale housing is headed for downtown Oklahoma City with

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‘s purchase of

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, vintage twin office towers at 119 N Robinson Ave., from the

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state agency.

Gardner Tanenbaum paid $10.25 million at auction for the 12-story, 174,140-square-foot, U-shaped office building, built in 1927.

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.

CEO Richard Tanenbaum, who has converted several downtown office buildings into housing,

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, said floors three to 11 of Robinson Renaissance would be converted to apartments.

The basement food court and the first and second floors will probably remain as is, he said.

“There’s not going to be another building on that corner,” Tanenbaum said. “It’s a fabulous corner, catty-corner from where I live (City Place, 204 N Robinson) and across from where I office (Leadership Square, 211 N Robinson).”

He said the revival of

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, 120 N Robinson, with retail, restaurants and residences, as well as other investments and activity left Robinson Renaissance in the middle of growth downtown, but, “It was mostly empty.” The building started 2024 with a vacancy rate of 61%, according to

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“We feel like there is going to be a continuous demand for housing,” he said, and continued softened demand for leased office space.

History of Robinson Renaissance office building in downtown Oklahoma Citydata:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==

Gardner Tanenbaum Holdings has bought Renaissance Robinson, office towers at 119 N Robinson in downtown Oklahoma, and plans to convert it partly to upscale housing.

According to previous reporting in The Oklahoman:

1927: The building was called the Perrine Building when it opened.

1940: The Perrines sell the building to the Queen Lodge of the Odd Fellows.

1945: The lodge sells it to R.D. Cravens and Ike Hall; in 1950, the name was changed to the Cravens Building.

1950s and 1960s: Building is leased as office space.

1976: First National Bank & Trust Co., located directly across Robinson, buys the building for expansion.

1985: National Portfolio and Perrine Acquisition buy the building, renovate it, add an atrium and rename it Robinson Renaissance.

2000: Robinson Renaissance LLC acquires it for $4.425 million amid the first rush of local investment downtown since the 1980s oil bust.

2014: The Commissioners of the Land Office buys the building for $8.95 million.

2024: Gardner Tanenbaum buys it for $10.25 million.

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Senior Business Writer Richard Mize has covered housing, construction, commercial real estate and related topics for the newspaper and Oklahoman.com since 1999. Contact him at *****@*****.tld. 

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. You can support Richard’s work, and that of his colleagues, by purchasing a digital subscription to The Oklahoman. Right now, you can get

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This article originally appeared on Oklahoman:

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#Historic #downtown #Oklahoma #City #building #purchased #turned #housing

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