NORMAN Oklahoma Downtown Norman America’s Sixth Best City - Money Magazine, 2008 - Money Magazine 2008 AmongAmong thethe TopTop 1010 StatesStates forfor DoingDoing BusinessBusiness -- Area Area Development Development Magazine, Magazine, 2008 2010 NormanNormanis a special place With a rich history beginning in 1889, Norman is home to the state’s premier research university, the University of Oklahoma, and is a part of the dynamic Oklahoma City metropolitan area with over one million residents. Norman was recently recognized nationally by MONEY magazine as America’s #6 best mid-size city to live in. The Norman community takes excellent care of our citizens. With agencies such as Food and Shelter for Friends, the Center for Children and Families, Health for Friends and other United Way programs, we are able to extend a hand to those in need. Norman is always improving, expanding and changing. Norman Regional, a premier municipal hospital, has built a new campus offering the very best in health care. We have a wonderful public school system that consistently scores above state averages in every sector of testing. Moore Norman Technology Center is another feature of our community to brag about. MNTC has earned the Oklahoma Association of Technology Center’s Gold Star School Award six times, most recently during the 2006-2007 school year. Our community offers job opportunities in a wide range of companies such as Astellas Pharma, Hitachi, Johnson Controls, National Oceanic and Atmospheric Group, Weathernews and Chickasaw Nation Industries. Administration (NOAA), Sitel, Of�iceMax, RiskMetrics Norman is a diverse community with a rich history. We love calling Norman home, and I think you will too. Come see our city with its small town feel and big city arts and amenities! Sincerely, Cindy Rosenthal - Mayor 2 OneOne visit visit and and you’ll you’ll know know whywhy we call we callNorman Norman home. home. Population Norman median resident age: 30.2 years Oklahoma median resident age: 36.2 years Norman cost of living index is 80.9%, which is 19.1% below the national average Population by Race Campus Corner 6% 3% 6% White 5% African American Norman Population: 114,451 Two or more races Population Growth Hispanic since 2000: + 17.5% Asian 80% Population by Gender 49.7% 49.0% Females Males 4 Embassy Suites Hotel and Convention Center Among the Top 10 States for Doing Business Transportation Location Will Rogers World Airport, Oklahoma City Conveniently located on I-35, Norman provides easy access to markets across the nation. Only 20 Distance from Norman: 20 miles miles south of 1-40 and 30 miles south of I-44, Major airlines include: American, American Eagle, Norman sits in the middle of America, a perfect Continental, Delta, Frontier, Northwest, Southwest location for all businesses. Norman is located in and United Express. the Central Standard Time Zone in the United Major freight carrier services include: Airborne States. Express, BAX Global, Evergreen Eagle, FedEx, Integrated Airline Services, UPS, and the U.S. Norman Facts Postal Service. County: Cleveland Nearest major city: Oklahoma City, 17 miles Max Westheimer Airport, Norman City size in square miles: 96.5 Located in the University of Oklahoma Research Park, Max Westheimer Airport serves both Elevation: 1,170 ft. business executives and recreational pilots. With runway lengths of 5,200 feet north/south and Norman Traffic Counts 4,750 feet northeast/southwest the airport has Tecumseh & 1-35 14,029 AVPD medium intensity runway and approach lights Robinson & 36th Ave. NW 23,040 AVPD with Visual Approach Slope Indicators serving Robinson & I-35 30,561 AVPD executive jet aircraft. The control tower operates Main & 36th Ave. NW 21,097 AVPD seven days a week from 8 a.m. to 10 p.m. AV Gas Porter & Alameda 14,111 AVPD and Jet A are available from 6 a.m. to 10 p.m. FBO is provided by Cruise Aviation Association Inc., Alameda & 12th Ave. E 28,962 AVPD which sells fuel and performs aircraft repair. A Lindsey & I-35 23,037 AVPD �light school is provided through the University of *AVPD (Average Vehicles Per Day) Oklahoma Aviation Division. Public Transportation Distances to Major Cities The Cleveland Area Rapid Transit (CART) Service Dallas 189 miles provides a comprehensive public transportation system around the Norman area and links to Little Rock 344 miles Oklahoma City. Kansas City 367 miles Greyhound Lines Inc. provides service in Norman. The Port of Catoosa is the nearest river port, Houston 516 miles approximately 100 miles away. St. Louis 516 miles Railroad Albuquerque 562 miles Norman’s train station, located right off Main Street, has daily stops on the AMTRAK Heartland Denver 694 miles Flyer line between Oklahoma City and Fort Worth, Chicago 811 miles Texas. Norman is also on the main line of the Santa Fe/Burlington Northern Railroad. 5 Business Incentives and Taxes Ad Valorem Tax Exemptions Several companies may be eligible for ad valorem expanding qualifying manufacturers, research and developmentexemptions for companies, up to �ive years,certain including: computer new and services and data processing companies with and distribution companies. signi�icant out-of-state sales and aircraft repair Exempt Inventory Oklahoma’s Freeport Law exempts from taxation Cleveland County Court House any goods, wares, and merchandise which come from outside the state and leave the state within The Oklahoma Quality Jobs Program nine months where such goods, wares, and This incentive program provides quarterly cash merchandise are held for assembly, storage, payments of up to 5% of newly created gross manufacturing, processing or fabricating purposes taxable payroll to a qualifying company. A fully within the state. executed contract with the Oklahoma Department of Commerce must be in place 21st Century Quality Jobs before any new direct job’s salaries are included The intended purpose of the program is to in the new taxable payroll. Payments are made promote impactful high wage jobs without quarterly for three years and if thresholds are competing with existing incentives. To help achieved, they may extend for an additional accomplish this, an enhanced list of qualifying seven years. industries beyond just those eligible for the Quality Jobs Program has been added. Qualifying Employee Training for Industry companies may be eligible for up to twice the Net The Oklahoma Department of Career and of the taxable payroll of these new jobs, to be Technology Education (Career Tech) assists paidBene�it on ratea quarterly of the Quality basis. The Jobs program program, lasts or 10% for qualifying businesses by paying for training for up to 10 years. employees in newly created jobs. Training can be done at one of 56 Technology Centers, including Moore Norman Technology Center (www.mntechnology.com) here in Norman, or at Income Tax the company’s facility. Training agreements include instructor costs. Program services are Co determined by the number of new jobs created Personal Income Tax: 5.5% max rporate TaxProperty Rate: Tax (Ad 6.0%Valorem) max provided. in targeted industries, wage rates, and bene�its City: $13.74 Small Employer Quality Jobs County: $23.07 This program provides annual cash payments to a Total:Public Schools: $118.24$67.05 qualifying company. The payments may reach as Technology*Valuation is Schools:12% of Fair Market Value$14.38 per thousand of assessed value much as 5% of new taxable payroll and last for up to seven years. Sales Tax 6 State of Oklahoma: 4.5% City of Norman: 3.75% Labor Major Employers Employment Distribution The University of Oklahoma: 11,932 Norman Regional Hospital: 2,835 Management: $34.83 Norman Public Schools: 1,851 Business & Financial: $23.22 Johnson Controls: 1,225 Art, Design, Entertainment, Education, Training & Library: $18.29 Riverwind Casinos: 975 Walmart Supercenters: 795 Sports & Media: $16.12 City of Norman: 750 Health Care Practitioners & Technical: $24.53 U.S. Postal Service-NCED: 525 Health Care Support: $11.38 National Oceanic & Atmospheric Building and Grounds Cleaning Hitachi : 434 Food Preparations and Serving-related: $ 8.77 Administration (NOAA): 400 & Maintenance: $ 9.80 Protective Service: $17.07 Super Target: 380 Sales & Related: $10.03 Oklahoma Veterans Center: 361 Of�ice & Administrative Support: $12.78 Grif�in Memorial Hospital: 325 Construction & Extraction: $16.76 SYSCO Food Services: 275 Installation, Maintenance, & Repair: $17.98 Of�ice Max: 225 Production: $13.44 Moore-Norman Technology Center AT&T: 225 Transportation: $11.08 : 225 Personal Care & Service: $ 8.72 SITEL: 200 Farming, Fishing, & Forestry: $ 8.66 Computer & Mathematical: $24.37 MSCI: 152 Architecture & Engineering: $29.88 Astellas Technologies: 135 Life, Physical, & Social Science: $18.65 2012 Unemployment Rates Community & Social Services: $19.74 Emerging Employers 7.60% Power Cost, Inc. 130 StoneHouse Marketing 98 5.20% Weather Decision Technology 70 4.00% AGIO 57 Atmospheric Technology Services Company 55 Weathernews 52 Albon 39 Norman Oklahoma United States Health Engineering Systems 40 Immuno-Mycologics 30 SouthWest Nano Technologies 26 7 Income and Shopping Retail Sales Growth History (SIC Collections) University Town Center $60,000,000 Located north of Robinson Street just off I-35, $50,000,000 in open-air shopping, including Target, Kohls, PetCo andUniversity many more.Town WithCenter Phase brings I completed Oklahoma already, the �inest this $40,000,000 center has future plans of a movie theatre, eight-acre $30,000,000 park and two more hotels as well as expanding the selection of department stores. Upon completion th $20,000,000 University Town Center will be the 4 largest mall in America. $10,000,000 Historic Downtown Norman $0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 A unique mixture of antique shops, coffee bars, art * Represents a reduction in the city sales tax rate from 3.5 to 3 cent.