OKC MAPS Economic Impact - Full Report

OKC MAPS PROJECTS – 25 YEARS

MAPS 3 Public input was sought in 2007 for potential projects for a third MAPS initiative. The resulting $777 million, 10-year building campaign was approved by voters on Dec. 8, 2009 with a 54% majority. MAPS 3 centered on major downtown capital projects but also included trails, sidewalks, and senior health and wellness centers throughout the city. The 1 cent MAPS 3 sales tax was renewed for seven years and nine months and expired in December 2017. Figure 6 provides a summary of the eight major components of MAPS 3, along with the cost and economic development focus of each. The projects include a new downtown convention center, a major urban park (Scissortail Park), a downtown streetcar system, the Bennet Event Center at State Fair Park, rapids on the Oklahoma River, senior health and wellness centers, additions to the city-wide trail system, and significant sidewalk construction and repair. Figure 6. MAPS 3 Projects – Summary Type Project Cost Economic Development Focus Convention Center Downtown Convention Center $288.0 million Public convention and meeting space, tourism City Park Scissortail Park (Downtown) $132.0 million Recreation/entertainment/lifestyle and tourism Streetcar Downtown Streetcar $131.0 million Transportation Event Center Bennett Event Center $58.7 million Recreation/entertainment and tourism River Rapids RIVERSPORT Rapids $57.0 million Recreation/entertainment and tourism Wellness Centers Senior Health & Wellness Centers $52.0 million Health and lifestyle amenities Trails Trail System $39.5 million Recreation/entertainment/lifestyle/transportation Sidewalks Sidewalk Construction/Repair $18.1 million Transportation Total – MAPS 3 $777 million Source: City of Oklahoma City and Greater Oklahoma City Chamber MAPS 3 Project Status Three MAPS 3 projects have been completed to date - RIVERSPORT Rapids on the Oklahoma River in 2016, the 200,000-square-foot Bennet Event Center at State Fair Park in 2017, and the downtown streetcar in late 2018. RIVERSPORT Rapids . The Riversport Adventure Park is a unique outdoor urban adventure park situated along the MAPS-funded Oklahoma River in the Boathouse District. Adventure parks are also now located at Lake Overholser and Lake Hefner. Recreational activities include whitewater rafting, tubing, adventure courses, ZIP lines, high-speed slides, extreme jumping, climbing walls, pump tracks, sailing, flatwater kayaking, and stand up paddleboarding. Bennett Event Center . The Bennett Event Center at State Fair Park was completed in 2017 as the largest event space in Oklahoma City. The Center is the primary component of the MAPS 3 Oklahoma State Fairgrounds Improvement project. The Center is designed to host the city’s numerous horse shows and other events held at State Fair Park. The project includes a new 279,000-square-foot exhibition hall with 201,000 square feet of contiguous exhibition space, 12,000-square-foot lobby, a 10,000-square-foot

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