Designs for a proposed headquarters, shown here looking south from NW 6 and Broadway, include neon accents shaped like a circle on the building's north facade. [Renderings by Elliott Associates Architects]

Talks are underway between downtown developers Andy and David Burnett and city officials regarding construction of a seven-story building that could become home to a relocated corporate headquarters along Automobile Alley, The Oklahoman has learned from multiple sources.

Terms of the deal are expected to become public with an application to the state's Quality Jobs program and the city's economic job creation fund. Sources have told The Oklahoman that Rand Elliott is the architect and Lingo Construction is set to build the headquarters at NW 6 and Broadway.

The headquarters would be across the street from an office building being constructed by Nicholas Preftakes and next to a planned TownePlace Suites hotel.

According to sources familiar with the project, the headquarters would bring hundreds of non-energy jobs to downtown.