Matteson Capital, a multifaceted real estate investment
and development company operating since 2004, and AO, a leading full-service architecture
firm with design expertise spanning the full commercial and multifamily real estate spectrum,
announced today that they will request a variance from the City of Oklahoma City to increase
the height for one of the towers in the already entitled development known as The Boardwalk at
Bricktown. If approved, the height variance will make the structure the tallest building in the
United States and currently sixth tallest in the world.
The ambitious development features a collection of three towers, each rising to 345 feet, and a
fourth striking supertall tower, referred to as Legends Tower, that ascends to 1,907 feet,
creating an impressive silhouette against the Oklahoma City skyline. The symbolic height
honors the year that Oklahoma was admitted as the 46th state of the United States.
Spanning approximately 5 million square feet, the project is a mixed-use marvel, including a
480-key Dream Hotel by Hyatt with 85 residential serviced condominiums in the Dream Tower;
an additional 350-key Hyatt hotel with 100 serviced condominiums in the Legends Tower; 1,776
residential units ranging from market-rate to affordable workforce and luxury options; and a
vibrant retail and restaurant scene with over 110,000 square feet of space designated for
commercial use, food and beverage, and a workforce development center for the community at
the street and second levels. The top floors of the supertall tower will consist of a public
observatory, restaurant and bar where visitors will be able to enjoy the sweeping city views.
Notably, the design incorporates extraordinary public spaces that are poised to become central
hubs for community engagement. Among these is an impressive 17,000 square foot lagoon and
water feature surrounded by a boardwalk that adds a tranquil, yet lively, entertainment
atmosphere to the development. Additionally, the project boasts several expansive roof-decks,
providing residents and visitors with unparalleled views of the city and creating an urban oasis in
the heart of Oklahoma City.
“Oklahoma City is experiencing a significant period of growth and transformation, making it well-
positioned to support large-scale projects like the one envisioned for Bricktown,” said Scot
Matteson, CEO of Matteson Capital. “We believe that this development will be an iconic
destination for the city, further driving the expansion and diversification of the growing economy,
drawing in investment, new businesses, and jobs. It’s a dynamic environment and we hope to
see The Boardwalk at Bricktown stand as the pride of Oklahoma City.”
Bricktown, in particular, has become a premier destination within Oklahoma City. Expanding this
vibrant hub is a priority for the city with more professional sports, entertainment and transit. The
area already boasts attractions such as the Amtrak station; a movie theater; an NBA sports
arena, which is home to the OKC Thunder; the recently renamed Oklahoma City Dodgers’ minor
league baseball stadium; as well as a forthcoming soccer stadium. The public also voted to fund
a $900 million bond to build the Thunder a new state of the art arena in the area. The recently
completed convention center is another opportunity to showcase this catalytic project, which will
further complement the Bricktown Entertainment District. The Boardwalk at Bricktown aligns
perfectly with the city's trajectory of becoming a center for cultural and economic activity.
“We are excited to embark upon this pivotal undertaking with a carefully assembled team of
talented and experienced architects and designers from within our ranks,” said Rob Budetti AO
managing partner. “Crafting a project of this significance is an honor, and the collaborative
process with the City, Matteson Capital, Hensel Phelps, and a top-notch team of engineers,
consultants, and development partners has been exceptional. Managing the intricacies of such
a project, ensuring seamless integration of all components, is a significant challenge.
Fortunately, this aligns with one of AO's core strengths."
A development of this magnitude requires the subject matter expertise of multiple parties. In
addition to architectural firm AO and developer Matteson Capital the project team includes
development partners, ThinkBox and Legends Capital Management; structural engineers,
Thorton Tomasetti; civil engineers, Johnson & Associates; fire life safety and energy, Siemens;
general contractor, Hensel Phelps; and hotel management companies, Hyatt and Dream. The
finance team for the project includes BCREM Incorporated and Global Economic Strategies.
The legal team is headed by Greenberg Traurig, LLP.
