Former dealership proves right spot for HoganTaylorPublished: Tuesday, July 10, 2018 By: Molly M. Fleming Source: The Journal Record
HoganTaylor accounting firm isn’t getting a much bigger space in its move to Automobile Alley. Rather, the company will use it more efficiently, said Richard Wright, managing partner.
“We’re not going to build big walls that can’t be moved,” Wright said. “We’re going to have the ability to restructure the interior to maximize the space.”
HoganTaylor is housed at the Broadway Commons building, which sits by itself and to the east of Interstate 235. The company has been there since 2009 after two accounting firms merged.
About three years ago, Wright and the other partners started looking for new space in a major corridor, including Northwest Expressway, Broadway Extension, and Gaillardia.
Wright visited with Midtown Renaissance Group about the new office building, The Monarch. Midtown Renaissance Group’s Chris Fleming and Bob Howard showed HoganTaylor the possibilities with the former Mercedes-Benz dealership.
A second floor is being constructed on top of the former Mercedes building. HoganTaylor will occupy about 19,000 square feet at the service-bay area, with space on the first and second floors.
Fitzsimmons Architecture is handling the building’s redesign. Lingo Construction will build the new addition and other changes.
Fleming said HoganTaylor was an ideal first tenant for multiple reasons. The firm is high caliber, with a focus not only on innovation in the accounting business but its own company culture.
“They also have a willingness and a desire to be a part of the Innovation District,” said Fleming. “They want to be associated with the energy of Automobile Alley. They believe what’s happening down here is good for their business and for the city.”
HoganTaylor will not fill the entire building. Fleming said there are other interested tenants, but there is still space available.
Wright said the new office will let the company get into the latest in accounting-office trends, with firms leasing less space. People aren’t there all the time.
The company has offices in Fayetteville, Arkansas and is headquartered in Tulsa. This will be the highest-tech office in the company, Wright said.
“Accounting firms aren’t always on the front of the innovation curve,” Wright said. “There’s been a change in our profession. We have to start thinking differently about how we do business ourselves.”
For example, at the new office, the staff will be arranged to work with others in the same sector, rather than working in service lines. The accountants and tax professionals who work in the energy industry will be in the same area.
HoganTaylor especially wants to help startup companies and entrepreneurs keep better track of their books, which is why they’re moving to the Innovation District. Katy Boren’s appointment as the district’s executive director was reassuring, Wright said.
With the move from an island on I-235 to being near the new streetcar, Wright said he hopes this helps with recruitment. About 70 people will move to the new building.
“If it creates the kind of opportunity we’re looking for, we believe that we’re positioned for the growth we expect,” he said.