Locals with a desire to write another chapter in Oklahoma City’s renaissance story drive the redevelopment project on NE 23rd Street.
tax increment financing
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Oklahoma City Council and Omni Hotels & Resorts move ahead on convention center hotel
Last week, the Oklahoma City Council approved an $85.4 million public financing agreement with the luxury hotel chain.
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Wheeler District development moves forward
District leaders prepare for phase one of the expansive development plans.
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Convention center hotel sparks debate
Questions about its economic benefit to the city surround plans for a convention center hotel.
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City of Oklahoma City conferring with large hotel chain
Dallas-based Omni Hotels & Resorts could be selected to build OKC’s convention center hotel.
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Main Street Arcade reopens to favorable fanfare
Main Street Arcade, renovated by Gardner Architects and Lingo Construction, reopened in early August.
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City approves more TIF districts
TIF districts provide city with development dollars and aid urban renewal efforts but leave some skeptical.
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Commentary: Commercial real estate is growing in OKC
Booming. This word best describes Oklahoma City’s commercial real estate growth and development over the past couple of years. In fact, in 2014, commercial property sales, new construction, renovation, occupancy and rental rates all experienced upward growth trends from the previous year. Construction of new apartment complexes has increased in downtown and Midtown and across […]
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TIF love
While the city’s use of sales tax revenue through MAPS has gained the most attention over the past decade, the city has also turned to tax increment financing (TIF) as another way to leverage tax dollars into economic development. By creating a TIF district, the city provides public incentives to developers with the increase in […]