OKC MAPS PROJECTS – 25 YEARS
discussed the early stages of planning and implementation of the MAPS for Kids projects underway at the time. This report extends the 2009 report by updating outcomes for the early MAPS projects and providing an initial examination of the more recent MAPS efforts. The time frame of the report focuses primarily on the period since 2009, which captures the era of the MAPS 3 initiative. Measuring Change Since the release of the 2009 report nearly a decade ago, much has changed surrounding both the MAPS projects and the resulting development of Oklahoma City, particularly in downtown. The original MAPS projects continue to mature, MAPS for Kids projects are now largely completed, and a significant round of projects approved under the MAPS 3 initiative are completed or underway. The overall results suggest that the initial public investment in MAPS triggered substantial additional public and private sector investment. To date, approximately $1.8 billion in city investment has been used or earmarked for the three rounds of MAPS projects in Oklahoma City. Additional city infrastructure expenditures in the period totaled $690 million and worked to enhance the outcome of the MAPS projects. Other federal, state and local government entities invested an additional $600 million in the downtown area. Total public investment through city spending on MAPS and investments by other public sector entities reached $3.1 billion between 1995 and 2018. Private investment spending in the downtown study area similarly surged along with the initial MAPS projects and continued steadily through 2018. Estimated private investment spending totaled $3.9 billion between 1995 and 2018. Private investment gains are highly visible in the office, hotel, medical and research, residential, food service and entertainment sectors. In total, the combination of city investment through MAPS along with other public and private sector investment in the downtown study area reached an estimated $7 billion in the full MAPS era. Report Objective and Structure In assessing the various changes resulting from MAPS, this evaluation pursues three basic underlying tasks: 1. Update the prior evaluation of the original MAPS projects provided in the 2009 report, particularly the contribution of MAPS to change in downtown Oklahoma City 2. Provide an initial review of the mostly completed MAPS for Kids projects 3. Detail the completed or currently underway MAPS 3 initiatives and the role these projects are expected to play in shaping future growth in Oklahoma City A final, though more informal, task pursued throughout the report is the development of a more integrated view of the three rounds of MAPS projects approved to date. The number and breadth of projects and the length of time over which they have transpired warrants a more comprehensive view of MAPS as a single, ongoing economic development effort that now extends 25 years. Downtown Revitalization A key aspect of the report is measuring change in the downtown area where most MAPS projects are located. When MAPS was first proposed in the early 1990s, no catalyst capable of propelling economic renewal in downtown Oklahoma City was visible. Downtown had settled into stagnation and then entered decline in the decade following the Oil Bust of the early 1980s.
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