Oklahoma City Economic Development Trust
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Oklahoma Citycity Office Market Summary Year End 2006 Oklahomaoklahoma Citycity Office Market Summary
OklahomaOklahoma CityCity Office Market Summary Year End 2006 OklahomaOklahoma CityCity Office Market Summary The Oklahoma City office market closed out 2006 on a very successful note. The Contents market absorbed nearly one-half million square feet and experienced a reduction Office Market Summary ............ 2-3 in the total market vacancy of 2.3 percentage points – ending the year at 15.7% Office Submarket Map ................ 3 vacant. Central Business District ............ 4-5 The suburban markets fared well in almost every submarket and building Northwest ................................ 6-9 classification. The overall suburban vacancy rate fell from 11.7% to 8.8%. Class A suburban space is a particularly healthy market with a vacancy rate of only North .................................. 10-12 5.6%. As a frame of reference, at the end of 2002 the Class A suburban vacancy Midtown ................................... 13 rate stood at 34.6%. As it stands, there are virtually no large blocks of available West ................................... 14-15 Class A space in the suburban submarkets and very few large blocks of Class B Suburban Analysis .................... 15 availabilities. With options that limited, it is only natural that the suburban markets are seeing construction of additional inventory. So far, the local developers have taken a very methodical approach to new construction, with only 42,000 square feet added in 2006 and only 120,000 square feet or so either under construction or on the drawing board for 2007. The market should be easily able to absorb the additional space with no adverse effect. The continued improvement in the suburban markets is also reflected in rental rates. -
2004 YE Office Market Report2.Indd
OklahomaOklahoma CityCity Office Market Summary Year End 2004 OklahomaOklahoOklahomama CityCityCity Office Market Summary Contents During 2004 the Oklahoma City offi ce market continued to rebound and actually showed marked improvement in key suburban submarkets. Overall, Offi ce Market Summary ............ 2-3 the market’s vacancy rate dropped from 21.7% to 19.9%. That would be Offi ce Submarket Map ................ 3 considered a good year in any year, but given the slowly improving, yet still Central Business District ............ 4-5 unsettled national economy that was negatively affected by both an ongoing Northwest ................................ 6-9 war and a presidential election, 2004 would have to be considered a very North .................................. 10-12 good year. Midtown ................................... 13 West ................................... 14-15 Although the Central Business District’s vacancy increased from 30.6% to Suburban Analysis .................... 15 31.7%, the suburban markets fared much better, particularly in the higher- end properties. The overall suburban vacancy rate fell from 16.5% to 12.9% and Class A suburban space experienced a dramatic 14-point decrease from 23.6% to 9.7%. In just the past two years, the Class A suburban vacancy rate has fallen 25 points from its recent high of 34.6% at the end of 2002. Major gains were made at virtually every suburban Class A building. Waterford absorbed approximately 47,000 square feet of vacancy, Quails Springs Parkway Plaza absorbed approximately 60,000 square feet and Hertz Financial Center absorbed approximately 91,000 square feet. Of course, Hertz largely benefited from Dell Computer’s temporary lease of approximately 60,000 square feet while their permanent facility is constructed. -
Oklahoma City Downtown Snapshot
Downtown Oklahoma City Snapshot Demographics WHERE SUCCESS IS IN STORE www.okcretail.com | twitter.com/okcretail RESIDENT WORKFORCE POPULATION: POPULATION: Major Downtown Employers: • Energy - OGE Energy, Devon 77,522 Energy, Continental Resources, OKLAHOMA CITY 9,326 SandRidge Energy, Enable Midstream, Baker Huges GE Research Facility DOWNTOWN SNAPSHOT STUDENT POPULATION: BUSINESSES: • Health Care - St. Anthony Hospital, OU Medical Center, OU Health Sciences Center, VA 4,750+ 2,425 Medical Center • Other - Sonic HQ, AT&T, State of Oklahoma, City of Oklahoma City, Federal Government, Oklahoma County *University of Oklahoma Health Sciences Center- 3,613, Oklahoma City University Law School- 380, The Academy of Contemporary Music at the University of Central Oklahoma- 400, University of Oklahoma MBA Program- 200, Metro Tech Downtown, University of Central Oklahoma Downtown MBA/MPA- 163 Downtown OKC in 2020 Oklahoma City will start the next decade with a new landscape as four game changing projects will soon come to fruition in the city’s core. A new $277-million convention center, which is projected to open in 2020, will feature nearly 200,000 square feet of exhibit space, a 30,000-square-foot ballroom and 45,000 square feet of additional meeting space. Adjacent to the convention center will be a 605-room headquarters hotel operated by Omni Hotel & Resorts. In addition, the 70-acre, fully programmed Scissortail Park will be directly across the street from the convention center and the first 40-acres will open in 2019. To connect these amenities and to the rest of downtown, the Oklahoma City Streetcar will start service later this year. -
Okc Maps Projects – 25 Years
OKLAHOMA CITY MAPS PROJECTS Metropolitan Area Projects Economic Impact Study 25 Years of Change Through Public and Private Investment NOVEMBER 2019| Executive Summary OKC MAPS PROJECTS – 25 YEARS Table of Contents MAPS Projects ....................................................................................................................................... 1 MAPS Projects - Structure and Status ................................................................................................... 4 Other Related City Development Efforts .............................................................................................. 6 Downtown Study Area – Demographic Profile ..................................................................................... 8 Downtown Study Area .......................................................................................................................... 8 Demographic Structure and Change ................................................................................................... 11 Downtown Study Area - Economic Profile .......................................................................................... 15 MAPS Investment – Public and Private ............................................................................................... 18 Public Investment–MAPS, MAPS for Kids, MAPS 3 ............................................................................. 18 Total Public and Private Investment .................................................................................................. -
101 Park Avenue Oklahoma City, OK 73102
Office For Lease 101 Park Avenue Oklahoma City, OK 73102 At-a-Glance The Heart of Downtown Address: 101 Park Avenue At the corner of Park Avenue and Broadway, 101 Park Avenue is at the Oklahoma City, OK 73102 center of the action in downtown Oklahoma City. Large, modern suites flooded with natural light provide tenants with vibrant views of a revitalized Type: Multi-tenant Office city. The building is adjacent to Kerr Park and within walking distance of the county and federal courthouses, hotels, gourmet dining, the city’s Rentable Area: 197,042 SF convention center and more. Floors: 14 • Direct access to the city’s Underground, connecting the building to three parking garages, restaurants and shops. Built / Renovated: 1936 | 1990 | 2016 • Elegantly appointed build-outs with high quality finishes. Typical Floor Size: 13,500 RSF MOL • Fiber ready building. • On-site building engineer. • Minutes from the I-35 / I-40 / I-235 interchange. • One-of-a-kind lobby created by sculptor Jesus Morales. Call Matt Ralls at 405.842.0100 [email protected] | wigginprop.com This material is provided for information purposes only. It is from sources believed to be reliable. However, Wiggin Properties makes no warranties or representations, expressed or implied, as to the accuracy or sufficiency of the information. It is presented subject to errors, omissions, changes or withdrawal without notice. Square footage per owner. Maps © 2017 Google. Office For Lease 101 Park Avenue Oklahoma City, OK 73102 Elevator Access to Underground Full Service Restaurants 1 Park Avenue Grill OKC Underground Neighborhood 2 Kitchen 324 Attractions Street Car D Line every 12-14 minutes 3 10 North Grille and Services 4 Mahogany Prime Steakhouse Street Car B Line every 15 minutes 5 Flint 6 Vast Skywalks 7 Museum Cafe 3 TO OKC NATIONAL MEMORIAL N.W . -
ANNUAL 2020 REPORT TREASURY MANAGEMENT ADVISORS Our Team of Trusted Advisors Are Your Business Consultants, Serving Your Local Needs
ANNUAL 2020 REPORT TREASURY MANAGEMENT ADVISORS Our team of trusted advisors are your business consultants, serving your local needs. Allow our Treasury Management experts to provide you with the financial tools you need to focus on your business and help you navigate challenges and develop strategies, including: • Cash Flow Management • Account Reconciliation • Payroll & HR Solutions • International Trade Finance • Fraud Detection & Deterrent & Global Payments • Payment & Collection Services • Disaster Recovery To find out how we can help your business plan for today and the future, contactus today! LETTER FROM THE CHAIR Throughout the Greater Oklahoma City Chamber’s 131-year history, when difficult challenges arise, the Chamber has stepped forward to tackle issues while looking for new opportunities to build for the future. When COVID-19 hit the OKC area in March, the impacts to our business community were immediate, and for many devastating. The Chamber began immediately doing everything possible to provide information, identify potential support and look for any possible opportunity to help businesses losing revenue due to this monumental shift. At the same time, we never took our eye off the ball, keeping a strong focus on the future of Oklahoma City. Preparing for the new convention center and post-pandemic push for tourism growth, supporting local business expansion and recruiting new companies to the region, advocating for business at our state capitol, and helping to bring businesses together for virtual networking and information. This report highlights our efforts this year, but is certainly not an exhaustive list of the work we have accomplished together. Our membership can be proud of what we have done together and confident that we can continue to imagine a bright future. -
OKLAHOMA CITY, OKLAHOMA Any Offers
This Preliminary Official Statement and the information contained herein are subject to completion or amendment without notice. These securities may not be sold nor may offers to buy be accepted prior to the time the Official Statement is delivered in final form. Under no circumstances shall this Preliminary Official Statement constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. principal, premium, ifany, and interest on the Series 2016Bonds receive physical delivery ofbondcertificates. ownership beneficial of andpurchasers form, book-entry-only in topurchasers available be will interests ownership Beneficial 201 Series the for depository as act securities will (“DTC”),which New York York, New Company, Trust The Depository of nominee on MarchSeptember 1and 1,beginning March 1,2017. The Series systems, parks and recreational facilities, fire facilities, po Tax-Exempt Series2016Bond proceeds willbe used to finance c the 2016 Bonds, including transfer procedures, maybe found under system book-entry-only the regarding information Further herein. described asfurther owners beneficial such of nominees other Transfer ofsuchpaymen or itsnominee. multiple thereof. Principal ispayable a (the “City”). The Series 2016 Bonds willbe Series 2016 (the “Taxable Series 2016 Bonds”, collectively, the “Series 2016 Bonds”) arebeing issued by the City of Oklahoma C Series “Tax-Exempt (the 2016 Bonds,Series Obligation General The Taxable Series 2016 Bondproceedswillbe thereto. andamendatory supplementary Oklahoma of State the of laws and Constitution, Oklahoma the other monies available for such purpose. -
Sponsored by Periodical Supplement to the Journal Record Published Aug. 25, 2017
2017 SPONSORED BY PERIODICAL SUPPLEMENT TO THE JOURNAL RECORD PUBLISHED AUG. 25, 2017 Proud sponsor of the 2017 Reader Ranking Reception. 405.608.2702 commercebank.com © 2017 Commerce Bancshares, Inc. WF68641 Journal Record - Reader Ranking Ad.indd 1 8/4/2017 3:16:53 PM INTRODUCTION The results are in for the first issue of The Journal Record’s Reader Rankings. Listed inside are businesses and organizations chosen by Journal Record readers For copies of this publication contact: The Journal Record Publishing Co. | 101 N. Robinson Ave., across a wide variety of categories. Ste. 101 | Oklahoma City, OK 73102 | 405.235.3100 | JOURNALRECORD.COM ASSOCIATE PUBLISHER COPY AND WEB EDITOR ADVERTISING ACCOUNT To obtain the results, The Journal Record posted an online ballot with 52 & EDITOR Ron Clay MANAGERS categories encompassing the areas of construction and design, entertainment, Ted Streuli Wendy Duncan finance/accounting, general business, health care, higher education, hospitality, AUDIENCE Vicki Madden ADVERTISING DIRECTOR DEVELOPMENT Leslie Mahan legal services, real estate and information technology. Sarah Barrow MANAGER Amber Ragland Shaun Witt Laura Watts Readers were notified of the ballot through direct emails and print advertisements SPECIAL PUBLICATIONS EDITOR EVENTS MANAGER linking to the ballot and were encouraged to share the link with their colleagues. Jessica Mitchell Brittany Attaway In total, more than 600 businesses and organizations were listed on the official online ballot. Voters were also given the option of writing in any firms not seen DESIGNERS listed. Businesses were also added to the ballot, upon request. Robin Graves Anna Otto The ballot was open from May 10-June 10. -
Public Policy Guide Banking That Fits Your Needs
2017 GREATER OKLAHOMA CITY CHAMBER PUBLIC POLICY GUIDE BANKING THAT FITS YOUR NEEDS Whether it’s a checking account today, a home loan tomorrow or retirement planning for your future, Arvest Bank has the products and services to t your needs. Convenient locations and extended hours with online and mobile banking give you the features of a large bank with the personal service of a community banker. arvest.com Open an account at your nearest Arvest location today. Member FDIC TABLE OF CONTENTS Message from the Chair ........ page 2 Pro-Business Scorecard .......page 14 Government Relations Staff .. page 3 Elected Officials Directory ...page 16 Greater OKC Chamber PAC .. page 4 Chamber Leadership ............page 34 2017 Public Policy Priorities .. page 5 GOVERNMENT RELATIONS BENEFACTORS 2017 Public Policy Guide 2017 Public Policy GOVERNMENT RELATIONS SPONSORS Enable Midstream Partners Google 1 MESSAGE FROM THE CHAIR The Greater Oklahoma City Chamber takes pride in its role as the voice of business and the visionary organization of Oklahoma City. It is a role that we have held for more than 125 years, and as one of the largest chambers of commerce in the United States, we believe that our organization has an enormous impact in the political arena. As we begin the legislative session, it is a critical time to fully engage in the political process. The state is facing tough budgeting decisions, and many of our most effective economic development programs are up for review. Our education system is at a crossroads. And uncertainty at the federal level leads to questions about heath care and transportation outcomes on a state and local level. -
Tulsapeople Digital Edition
goodTHE life travel By tammIE doolEy o klaHoma cIty aFtEr HoUrs The state’s capital city is just a few hours away. Try these dining and entertainment suggestions for a where-the-locals-go look at Tulsa’s sister city. iT’s our capital city and as begins spreading lunchtime interesting and beautiful a a utomobile alley in smiles at 11 a.m. (Nic’s opens at capital city as there is. downtown oklahoma 7 a.m. for breakfast). Be early, And if you doubt it, then you’ve city is home to art or wait around until closer to not had a good look around galleries, upscale lofts, the 2 p.m. closing. And if you offices and eateries. Oklahoma City. For there you’ll order the burger for takeout, be find all the appeal of a city that prepared to eat it in your parked teeters masterfully on the fine car — that’s as far as you’ll get. line dividing mass-produced Nic’s was featured on the Food modernity and swashbuckling Network’s hit series “Diners, American individualism. Drive-ins and Dives.” And maybe no time is more 1201 N. Pennsylvania Ave., (405) conducive to the discovery of 524-0999. There are no call-aheads the city’s unique treasures as the for takeout orders and Nic takes off hours that bookend the day. weekends. Call in sick and head over. So you’ve seen Bricktown. But have you walked the grounds metro wine Bar & Bistro. Go for of the Capitol at daybreak? the bread. Try to maintain room Nosed around downtown after for the food. -
NRHA Celebrates 50Th Anniversary, New Location
November 2015 www.okcchamber.com Oklahoma City District to be Focus of Brookings Study The Brookings Institution and Project for Public Spaces have begun an 18-month study of Oklahoma City’s emerging innovation district, an area encompassing the Oklahoma Health Center and Automobile Alley. This work, which will focus on the district’s economic strengths and quality of place, is part of the Bass Initiative on Innovation and Placemaking, a joint initiative the two organizations launched last month. The study will examine the rising interplay between innovation, quality places and economic growth by Oklahoma City’s innovation district, an area encompassing the studying innovation districts in Oklahoma City and Oklahoma Health Center and Automobile Alley, will be the focus Philadelphia. The work aims to catalyze a new approach of an 18-month study by the Brookings Institution and Project to city-building that integrates the reinforcing benefits of for Public Spaces. Continued on page 9 NRHA Celebrates 50th Anniversary, New Location The National Reining Horse Association (NRHA) kicked off a period of celebration last month as they moved into their new international headquarters in Oklahoma City. The move will be followed by the 50th running of the NRHA Futurity on Nov. 26 – Dec. 5. This pinnacle event will kick off NRHA’s 50th Anniversary year in 2016. With this major event comes the introduction of a new image, brand and look for the future of this growing organization. “The NRHA has long been a partner in Oklahoma City’s hospitality industry, and their annual Reigning Futurity brings around 6,000 visitors to Oklahoma City each year,” said Natalie Shirley, president of Oklahoma State University-Oklahoma City and Chamber vice chair of convention and visitor development. -
Oklahoma City 2018 Mid-Year Office Market Summary TABLE of CONTENTS
Oklahoma City 2018 Mid-Year Office Market Summary TABLE OF CONTENTS Office Market Summary 1 Central Business District Submarket 2–3 Northwest Submarket 4-7 North Submarket 8-10 Medical Office Submarket 10 Midtown Submarket 11 West Submarket 12–13 Suburban Submarket 13 Submarket Map The information contained herein has been obtained from reasonably reliable sources. Price Edwards & Company makes no guarantee, either express or implied, as to the accuracy of such information. All data contained herein is subject to errors, omissions and changes. Reproduction in whole or in part, without prior written consent is prohibited. Oklahoma City 2018 Mid-Year Office Market Summary The first half of 2018 brought expected healthier occupancy levels in the next results for the Oklahoma City Central couple of years. OKC Total Oce Market Vacancy Business District with increased 30% Market Vacancy CBD Vacancy Suburban Vacancy vacancy due to the addition of the The Central Business District’s vacancy 24% BOK Park Plaza Building to available rate rose from 18.1% to 22.9% during inventory and negative absorption of the first half of 2018. There are lots 18% 84,000 square feet. However, there of moving parts in the CBD these are continued signs of improvement days with the announced relocation 12% in the suburbs as 157,000 square feet of Enable Midstream Partners from was absorbed in those submarkets. Leadership Square to over 150,000 6% The net absorption for the entire square feet at BOK Park Plaza and 0% market was a positive 73,000 square the anticipated purchase of Cotter '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 feet; the first positive absorption total Tower by BancFirst.