OKC MAPS Economic Impact - Executive Summary

OKC MAPS PROJECTS – 25 YEARS

2018 dollars. MAPS for Kids retains the same approximate share of the total cost (39 percent) with an inflation-adjusted cost of $903 million. MAPS 3 is no longer the largest of the three initiatives after inflation-adjustment, dropping to 36 percent of total cost at $844 million in 2018 dollars. Total Public and Private Investment Along with city investments through MAPS, increased investment is traced to both the private sector and other public sector entities at the federal, state and local government levels. Total investment includes all city spending on the three rounds of MAPS projects plus other investment (both public and private) in the downtown study area. Estimates of total investment for the downtown study area are detailed in Figure 5. Estimates from the 2009 MAPS report covering the 1995 to 2008 period are combined with more recent estimates for the 2009 to 2018 period. Estimates of public investment are divided into those made by the city versus those made by other public sector entities. City investment is further split into MAPS and non-MAPS components. Private investment is categorized across nine major groupings of development. Figure 5. Public and Private Investment - MAPS & Downtown Study Area Investment (millions) % Share 1995-2008 2009-2018 Total Public City of OKC - MAPS $356.1 $1,461.0 $1,817.1 26.1% Non-MAPS 56.5 633.4 689.9 9.9% Total City of OKC $412.6 $2,094.4 $2,507.0 36.0% Other Public (Federal, State, & Local) 548.7 48.9 597.6 8.6% Total Public $961.3 $2,143.3 $3,104.6 44.6%

Private

Medical & Research

1,288.1

275.7 759.7 285.0 174.9 108.5

1,563.8 1,008.9

22.4% 14.5%

Office Hotel

249.2 190.4 237.5 154.0

475.4 412.4 262.5

6.8% 5.9% 3.8% 0.9% 0.7% 0.2% 0.2%

Residential

Entertainment/Cultural

Food Service

24.8 22.1

36.9 28.2

61.7 50.3 15.0 11.7

Retail

Parking

6.5 8.0

8.5 3.7

Other

Total Private

$2,180.6

$1,681.0

$3,861.6

55.4%

Total Public and Private

$3,141.9

$3,824.3

$6,966.2

100.0%

Note: The two time periods of investment displayed in Figure 5 are not of equal time span and are based upon the update schedule of current and past MAPS evaluation reports. The 1995-2008 period captures investment over a 14-year period, while the 2009-2018 period captures only approximately 10 years. Source: City of Oklahoma City, Greater Oklahoma City Chamber of Commerce, Mc-Graw Hill Dodge Reports, and RegionTrack Downtown Investment Activity – 1995 to 2008 Estimates from the 2009 MAPS report documented a significant increase in investment activity in the

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