OKC MAPS Economic Impact - Executive Summary

OKC MAPS PROJECTS – 25 YEARS

Downtown’s condition reflected decades of insufficient public and private investment. Private housing, retail and office development had moved mostly outside the city’s central core into other more vibrant markets across the city. In reversing the trend in place, the MAPS initiatives pursued the increasingly important economic development strategy of placemaking , or the process of developing a city in which residents want to live, work and play. This approach acts as both a retention mechanism for current businesses and residents while attracting others from outside the region. The objective for downtown called for the weaving together of an expanded business and employment presence, a vibrant residential community, expanded retail and services options, medical and education facilities and a range of cultural, recreational and entertainment venues.

3

Made with FlippingBook - professional solution for displaying marketing and sales documents online