OKC MAPS Economic Impact - Full Report

OKC MAPS PROJECTS – 25 YEARS

26 https://newsok.com/article/5609196/city-county-department-planning-new-approach-to-justice-reform 27 See: https://www.okcchamber.com/index.php?submenu=CriminalJustice&src=gendocs&ref=CriminalJusticeReform&ca tegory=Main 28 https://newsok.com/article/5609196/city-county-department-planning-new-approach-to-justice-reform 29 https://newsok.com/article/5603212/ok-county-jail-numbers-show-impact-of-reforms 30 The year the structure was built refers to when the building was first constructed, not when it was remodeled, added to, or converted. The data relate to the number of units built during the specified periods that were still in existence at the time of the survey. 31 https://www.okc.gov/home/showdocument?id=2834 32 For a map of special zoning districts, see: https://www.okc.gov/home/showdocument?id=4722 33 https://acm.uco.edu/ 34 https://newsok.com/article/3722044/oklahoma-city-university-trustees-approve-law-school-move-to- downtown 35 Note methodology 36 Results are from the 2018 survey. See: https://homelessalliance.org/wp-content/uploads/2018/07/2018-POINT- IN-TIME-REPORT-1-1.pdf 37 https://www.okc.gov/home/showdocument?id=2596 38 https://homelessalliance.org/wp-content/uploads/2010/08/Final-Cost-of-Homelessness-study.pdf 39 Additional information on the Homeless Alliance is available online at: https://homelessalliance.org/ 40 For the 2018 survey, see: https://homelessalliance.org/wp-content/uploads/2018/07/2018-POINT-IN-TIME- REPORT-1-1.pdf 41 For detailed information on the LEHD program, see: https://lehd.ces.census.gov/data/ 42 Estimates for the larger regions are derived from the County Business Patterns database. See: https://www.census.gov/programs-surveys/cbp.html 43 The initial MAPS projects assume a midpoint of sales tax receipts of March 1996; MAPS for Kids uses a midpoint of January 2005; and MAPS 3 uses a midpoint of July 2013. Inflation adjustments are made using the Bureau of Labor Statistics measure of prices for all urban consumers at the U.S. city average. 44 Estimates are based on a proprietary historical database of construction activity from McGraw-Hill Construction’s Dodge Reports in the 2009 to July 2018 period. Approximately 440 projects are identified in the database in the period. Project locations were geocoded to identify those located within the downtown study area. On a small number of projects with no exact project value stated, the average of the high value and low value estimates is used. Projects were reviewed individually and partitioned into public and private sector groupings. 45 A summary of property tax rules and regulations is available from the Oklahoma Tax Commission at: https://www.ok.gov/tax/documents/TES-14.pdf 46 https://en.wikipedia.org/wiki/Devon_Energy_Center_(Oklahoma_City) 47 https://www.walterpmoore.com/projects/bok-park-plaza-tower 48 https://www.pickardchilton.com/work/bok-park-plaza 49 Dropping the tax-exempt property produces a slight increase in the estimated gains in property value prior to 2013. 50 https://www.hotel-online.com/archive/archive-7834 51 https://newsok.com/article/2688059/hotels-grand-opening-today-marriott-renaissance-will-bring-311-new- rooms-to-downtown 52 The Hilton Garden Inn and Homewood Suites are adjoining properties at 328 E Sheridan Avenue. 53 https://www.omnihotels.com/media-center/recent-news/omni-hotels-breaks-ground-in-oklahoma-city; https://newsok.com/article/5601955/omni-hotel-construction-set-to-start-in-september-in-oklahoma-city 54 The report is available online at: http://uli.org/wp-content/uploads/ULI-Documents/Oklahoma-City_10.pdf 55 http://www.gometro.org/fgp/ 56 The city’s transportation plan is available online at: http://planokc.org/wp- content/uploads/2018/01/planokc_121417_connectokc.pdf 57 http://planokc.org/getting-started/

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