OKLAHOMA CITY — Humphreys Capital, in partnership with Hines, announces the upcoming demolition of the Canton Apartments parking garage, an essential step towards the redevelopment of one of Oklahoma City’s premier sites. The ownership group had hoped to begin demolition in March but faced delays waiting for OG&E to remove their electrical infrastructure. Despite the delay, OG&E started the removal process on Friday, June 21, paving the way for demolition to proceed in the coming days and weeks. The clearing of the site comes following an ongoing legal battle more than two years after errors by an OG&E contractor led to the largest commercial fire in Oklahoma City’s history.

Post-Demolition Vision and Future Redevelopment
Following the demolition of the garage and removal of the debris, the site will be maintained as an irrigated lawn as it awaits redevelopment. While redevelopment details have not been finalized, the partnership believes the site remains one of the city’s premier residential development opportunities. The site is located at NW 63rd and Grand Boulevard and is adjacent to Whole Foods, Classen Curve, The Ellison Hotel, and the Nichols Hills Plaza featuring Trader Joe’s.

About Humphreys Capital
Humphreys Capital is an Oklahoma City-based real estate investment company that acquires and develops income-producing properties. The firm focuses on dynamic, high-growth markets across the United States, specializing in privately negotiated off-market, mid-size deals of institutional quality. The multi-generational team provides expertise and exposure to diversified commercial real estate for accredited and institutional investors. Humphreys Capital manages a $1.5B portfolio of 80+ properties across four funds. To learn more about Humphreys Capital, visit www.humphreyscapital.com and follow @Humphreyscapital on social media.

About Hines
Hines is a global real estate investment, development, and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 30 countries. We manage a $94.6B¹ portfolio of high-performing assets across residential, logistics, retail, office, and mixed-use strategies. Our local teams serve 790 properties, totaling over 269 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit www.hines.com and follow @Hines on social media.