Tag Archives: tax increment financing

Omni Hotel

Oklahoma City Council and Omni Hotels & Resorts move ahead on convention center hotel

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.

Ashley Terry, Wheeler District director, and Sam Day, Director of Urban Design, pose for a photo in the Wheeler District, Thursday, March 23, 2017.  (Garett Fisbeck)

Wheeler District development moves forward

District leaders prepare for phase one of the expansive development plans.

omni-pool

Convention center hotel sparks debate

Questions about its economic benefit to the city surround plans for a convention center hotel.

omni-hotel

City of Oklahoma City conferring with large hotel chain

Dallas-based Omni Hotels & Resorts could be selected to build OKC’s convention center hotel.

MSA - DSC_0101

Main Street Arcade reopens to favorable fanfare

Main Street Arcade, renovated by Gardner Architects and Lingo Construction, reopened in early August.

First National Center in Oklahoma City, Wednesday, Feb. 24, 2016.  (Garett Fisbeck)

City approves more TIF districts

TIF districts provide city with development dollars and aid urban renewal efforts but leave some skeptical.

Jenna-Rader

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

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

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