OKC Real Estate Briefs: August 10, 2001

Journal Record, The (Oklahoma City), Aug 10, 2001 by Ray Dozier

Steven Barnes of Lawton has been installed as 2001-02 president of the Oklahoma State Home Builders Association. His experience includes specializing in commercial real estate banking, developing residential single- and multifamily dwellings both as a building contractor and real estate broker.

Other officers include Tom Wenrick as vice president and treasurer, and Mark Dale as vice president and secretary.

Pearl's by the shore

Hal Smith Restaurant Group, owner and operator of Redrock Canyon Grill and Charleston's Restaurants, have teamed up with Pearl's Oyster Bar to open Pearl's Lakeside Seafood Grill on the East Wharf of Lake Hefner. The restaurant will open at 4 p.m. Monday.

Guests will enjoy a view of Lake Hefner while dining on fresh fish specials, crab legs, lobster and an array of seafood classics, plus such specialties as red beans and rice, etouffee, shrimp creole and gumbo.

Pearl's Lakeside Seafood Grill can accommodate up to 300 guests as well as a private dining area for large parties of up to 40.

Pearl's will be open for lunch at 11 a.m. daily beginning Aug. 20. Regular operating hours will be 11 a.m.-10 p.m. Monday through Wednesday, 11 a.m.-midnight Thursday through Saturday and 11 a.m.-9 p.m. on Sunday. Ross Crain will be the managing partner for Pearl's Lakeside Seafood Grill.

Dynamo Gymnastics

Dynamo Gymnastics will anchor the recently completed first phase of Oak Leaf industrial development in Edmond. Lambrecht Construction has completed the development's first phase within Enterprise Business Park on Kelly Avenue, south of 15th Street.

Enterprise is Edmond's first Oklahoma certified industrial park, qualifying it to participate in the Oklahoma Small Business Linked Deposit Program, a loan incentive for qualified borrowers created to provide a lower interest rate on business loans.

The commercial office/warehouse has 13,500 square feet in its first phase. Dynamo, owned and operated by University of Oklahoma women's gymnastics head coach Steve Nunno, will occupy 9,000 square feet. Edmond-based Lambrecht Construction will occupy the remaining 4,500 square feet. Dynamo will move from its current location at Eighth Street and Kelly.

The matching of Oak Leaf and Dynamo Gymnastics is a win/win situation for everyone involved, said Larry Lambrecht, president of Lambrecht Construction. The property is positioned perfectly for the gym and provides the space and accommodations that Nunno needs for his gymnasts, as well as a cosmetically pleasing exterior we have come to expect in Edmond.

Nunno has 450 gymnasts from the metro area enrolled at Dynamo Gymnastics. He plans to open his new facility on Aug. 27 in time for the gym's 15th anniversary. Shannon Miller, Nunno's gymnastic student of 14 years, will attend the grand opening celebration to be held sometime after Labor Day.

Since its inception in 1982, Lambrecht Construction has completed more than $110 million in design and construction projects.

Rooney Brothers

Tulsa-based Rooney Brothers Co., which owns Manhattan Construction, will acquire the assets and contracts of the Flagler Co. The amount of the acquisition was not disclosed.

Founded in Atlanta in 1911, privately held Flagler was the first general contractor established in Georgia. Prior to the acquisition by Rooney Brothers, Flagler was a third-generation family-owned business, most recently under the leadership of T. Thorne Flagler III. He will remain at the company as non-executive chairman.

Edward H. (Ted) Hudgins, former president of Beers Construction was named president and chief executive for Flagler.

Rooney Brothers is engaged in building and road and bridge construction, manufacturing and distribution of building materials and contract electronics manufacturing through several operating subsidiaries. Rooney Brothers Construction Group includes Manhattan Construction, M.J. Lee Construction and Manhattan Environmental. Rooney Brothers also owns Hope Lumber and Supply, Moore's Lumber and OAI Electronics.

The addition of Flagler adds about 80 employees to the Rooney Brothers roster, which totals 2,500. Flagler now becomes part of the Rooney Brothers Construction Group and will continue to operate under the Flagler name.

Golden Dome rally

Citizens for the Golden Dome will sponsor a parade and rally Saturday in support of the preservation of the BankOne gold dome building. The parade will begin at 9 a.m. at Memorial Park, 3600 N. Classen Blvd., and proceed south on Classen to NW 23rd Street. A police escort will lead the one-mile-long parade.

A rally will begin about 10 a.m. featuring several prominent local citizens speaking in support of preserving the gold dome. Informational literature and promotional items, such as bumper stickers, will be distributed. Petitions will also be circulated.

Neighborhood associations and civic organizations will also join the parade. The public is encouraged to attend and participate and to bring their own signs, banners, T-shirts, hats, etc.

COHBA projects

The Central Oklahoma Home Builders Association will host Cirque Du 2001, a live and silent auction at 5:30 p.m. Aug. 24 at Coles Garden, 1415 NE 63rd St. More than 300 items will be auctioned off, with all proceeds benefiting the OKC Ronald McDonald House, YWCA Passageways, and Infant Crisis Service.