Tools for Business
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PARTNERSHIP SERVICES: TOOLS FOR BUSINESS A TEAM OF YOUR OWN The Greater Oklahoma City Partnership offers a multi-talented team of state and local economic development specialists to be assigned to your project. These specialists will work together to meet your specifications – delivering rapid response times and optimizing your new Greater Oklahoma City location. INFORMatioN SERVICES We will provide the data you need in a 10-county aggregate, one county at a time, or any other way you specify. And we’ll provide it in the form you prefer – via email, secured Web site, fax or overnight delivery. We’ll not only provide you with data on our region, but also comparative data on 48 other metro regions. These demographic and operating cost comparisons will provide valuable insight on Greater Oklahoma City’s advantages. WEB-BasED PRopERty LOCatoR This one-stop, Web-based business portal gathers economic, planning, utility, geographic and demographic information into one dynamic resource. Available sites from throughout the region are entered and updated on an ongoing basis. Use the Web site below to check it out now. Greater Oklahoma City Partnership 123 Park Avenue Oklahoma City, OK 73102 800-616-1114 • Fax: 405-297-8908 www.GreaterOklahomaCity.com Email: [email protected] 123 Park Avenue • Oklahoma City, OK 73102 02-07 A P U B L I C A TION OF THE GRE A T E R O KL A HOM A C I T Y P A RTNERSHI P A PUBLICATION OF THE GREATER OKLAHOMA CITY PARTNERSHIP OKC: A GROWING VISITOR PRODUCT klahoma City’s renaissance one of the most significant rolls on. Recent studies have indicators of the economic Oshown that the city’s MAPS growth flowing from the (Metropolitan Area Projects) plan, downtown MAPS projects coupled with private investments, — including the canal, have continued to attract even ballpark, arena, convention larger capital expenditures. As a center, civic center and library result, downtown property values — and other attendance- have significantly risen. And the generating assets. number of visitors has increased Just south of downtown, MAPS correspondingly as well. championships. While the sleek new Chesapeake has helped turn the Oklahoma Boathouse is a striking landmark and busy site for rowers. For proof of OKC’s resurgence, you need look no further River into a seven-mile waterway with 15 miles than Bricktown. This 30-block area just east of downtown of trails, 19 pedestrian bridges and landscaped parks. A rapidly growing number of hotels now serve Oklahoma was an abandoned warehouse district as recently as There, Regatta Park hosts an elite slate of rowing City — more than 1,500 guest rooms are available the late ’80s. Today, it houses 41 active restaurants and downtown and 14,000 citywide. Right behind hotels are clubs – a revitalization that began with the passage of housing. More than 1,500 residential lofts and condos — MAPS in 1993. By 1998, early progress had led to an FAST FACTS 700 for purchase, 800 rentals — have been announced annual visitor rate of four million people. for completion by 2010. • Aggregate capital investment planned or The downtown renaissance has not only energized the implemented totals more than $2.5 billion urban core, its momentum radiates outward in every • The 25 most valuable sites in 2004 had direction. “The pace and level of investment has not shown an aggregate value of $386 million signs of slowing,” said Roy H. Williams, president and CEO • Aggregate market value grew from $12.2 million in 1999 to $40.2 million in 2004 – a 231 percent increase • Plans for new investment at the Oklahoma Health Center exceed $300 million • When all current hotel projects are completed, capacity downtown will be 1,614 rooms That number continued to climb and, by 2005, the • Since 2003, 10 significant residential Bricktown Association estimated that 10 million visitors projects announced or completed could add had passed through the area during that year. more than 2,200 units downtown Property market values in Bricktown have followed a Information above is based on an area bounded by Classen Blvd. similar path. The aggregate value of 24 selected sites on the west, 23rd Street on the north, the Centennial Expressway of the Greater Oklahoma City Chamber. “There are signs for the study skyrocketed by 231 percent. One facility and Oklahoma Health Center on the east, and I-40 on the south. of positive developments in business locations, hotels, with a 1999 market value of $129,950 saw an increase housing, retail restaurants. Forward momentum is strong. to $1,600,000 by 2004. This rapid appreciation is The story of Oklahoma City’s rebirth is still being told.” 1 THE OKC WORKFORCE: CAPABLE AND PLENTIFUL DEAR FRIENDS, Most of you probably already know that Oklahoma City is a leader in the energy industry. Companies maintaining Robin Roberts headquarters here Executive Vice President include giants such of Economic Development, Greater Oklahoma City as Devon Energy and Chamber Chesapeake Energy. AVIATION CENTER TAKING OFF But maybe what’s not so clear is why they remain The hangar is leased to ARINC, an engineering and here. To ask the CEOs, the answer is clear. BOEING SET TO BECOME PARK’S FIRST TENANT communications company that serves aviation, airports, They’ll tell you that OKC’s greatest natural defense, government and transportation industries. reater Oklahoma City’s presence in the resource has nothing to do with natural gas or oil. ARINC will use the hangar to modify A-37 aircraft. They aerospace industry continues to expand. The are expected to add 100 jobs over the next five years. That it’s the people here — our workforce — that G region’s latest achievement: dedication of the are the difference-makers. first hangar at the new Maintenance Repair and The 77,000-square-foot hangar will be “wide-body” capable and can hold up to four luxury business jets “I believe our key strategic advantage is our Overhaul Technology Center (MROTC), a 370-acre aviation park near Tinker Air Force Base. at one time. Included will be 200,000 square feet of people,” states Larry Nichols, chairman and CEO administration, engineering and service shop space, of Devon Energy. “Oklahoma City plays a role in plus 8,600 square feet of covered storage area. that, because we have been able to attract a lot The hangar was designed for the possibility of adding of highly qualified people that do not necessarily an adjacent hangar that could capitalize on ARINC’s want to work in a large city. Quality people have continued growth. helped us built quality assets over the decades.” “We hire a lot of high-tech-degreed engineers in state, and we serve the major air logistics center with a variety Echoes Aubrey McClendon, chairman and CEO of of aircraft at Tinker Air Force Base,” said Doug Miller, Chesapeake, “Your people are very important, you’ve vice president of the aircraft and mechanical systems got to have good assets. And OKC has that.” division of ARINC’s Engineering Services division. Oklahoma City has that because we cultivate it. “Hangar space has been very scarce and this will give us The metro area has outstanding higher education Boeing, the world’s largest manufacturer of military a good location to perform our integration services and install modifications.” programs. Located within the 10-county region aircraft and commercial jetliners, will use three hangars for contract modifications on the Air Force’s AWACS are 15 colleges and universities — including the aircraft based at Tinker. More than 300 employees University of Oklahoma and Oklahoma State will be hired to implement these modifications, which University — plus two community colleges. initially will include updating flight navigation and OKC’S GLOBAL LOGISTICS And our Career and Technology Education System communications systems. Future modernizations will include new mission hardware and software, improved is one of the best in the nation. There are nearly operational consoles and upgraded radar equipment. ADVANTAGES 330,000 Oklahomans currently enrolled in the The first hangar and a tow-way connecting to Tinker Oklahoma City has significant competitive state’s 57 tech centers, which include 10 facilities AFB are scheduled for completion by November; the advantages to offer global corporations: in the metro area. remaining two hangars are expected to be complete in • Excellent highway interstate connections at The higher education institutions had a Fall 2005 August 2008. both the north-south (I-35) and east-west crossroads (I-40) enrollment of 118,435; career techs reported The $500 million MROTC will eventually house both 133,883 students for 2004-2005. With an military and commercial operations over 17 hangars • Favorable imbalance in trucking shipments average graduation rate of XX percent, that means — including more than a million square feet of hangar gives new manufacturers the edge in contract and back-shop space, 500,000 square feet of industrial that more than 200,000 skilled graduates are rate negotiations space and 100,000 square feet of research and • Good location for national distribution entering the workforce each year. classroom space. Additionally, as many as 1,000 high- operations where customers are uniformly paying jobs are expected to be created. This educational pipeline is producing big results distributed around the U.S. for area businesses. It could serve to bolster your NEW HANGAR FOR OKC AIRPORT, TOO • Good air freight situation for manufacturers company, as well. Come discover what local CEOs The growing market in the maintenance, repair and or inbound shippers have discovered — that OKC’s workforce is armed, overhaul industry has benefited Oklahoma City’s Will • Good location for receiving Asian cargo from available and abundant.