Posted inNews

Death by a thousand cuts

Oh, but it can. The state Legislature this session passed House Bill 2032 to decrease the maximum Oklahoma personal income tax rate from 5.25 percent to 5 percent in 2015 and then again to 4.85 percent in 2016 if there is sufficient revenue growth. When fully implemented, the Oklahoma Tax Commission estimates the measure will […]

Posted inNews

Parking avenues

Rendering of a planned parking garage near City Hall More companies — large and small — have made downtown their home, bringing thousands of new employees to the area. Upscale housing has been constructed, streets have been repaired and once-abandoned buildings have been remodeled. At the same time, people throughout the metro make frequent treks […]

Posted inNews

All about TIF

Cathy O\’Connor Credit: Mark Hancock The Oklahoma City Council last week approved a $25 million budget increase for Tax Increment Finance (TIF) 2. Cathy O’Connor, president of the Alliance for Economic Development, told council members that TIF 2 has exceeded expectations, reflecting the quick pace and sizable impact of downtown development. Authorized in the state […]

Posted inNews

Rise up

Rendering of The Rise More specifically, a project called The Rise is set to move into the ailing building at the northwest corner of N.W. 23rd and Walker Avenue that has been home to the Hotel & Motel Liquidation store for more than two decades. Johnathan Russell, president of Land Run Commercial Real Estate, plans […]

Gift this article