JANUARY 2025 • OKCCHAMBER.COM
CLICK FOR FULL STORY GREATER OKLAHOMA CITY CHAMBER PRESENTS 2025 LEGISLATIVE PRIORITIES
IN THIS ISSUE: 10 11
Forging Retail Relationships at ICSC New York Deal Making Show 2025 Greater Oklahoma City Chamber Event Roundup OG&E Coliseum Construction Advances at Oklahoma State Fairgrounds Oklahoma Higher Education Enrollment enjoys 4th highest increase in the nation
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GREATER OKLAHOMA CITY CHAMBER PRESENTS 2025 LEGISLATIVE PRIORITIES
• Quality Jobs Act, 21st Century QJA, Small Employer QJA and the Prime Contractor QJA
The Chamber’s board of directors recently adopted a comprehensive set of public policy priorities for the 2025 legislative session, which are crucial to creating a strong future for Oklahoma businesses. These priorities reflect the Chamber’s top legislative priorities and are designed to address the key issues that will shape the state’s economic growth and development. Below is an excerpt of key priorities. View the full list at okcchamber.com/legislative. County Government Reform The Chamber supports empowering Oklahoma counties to alter their form of government to meet their unique needs. Economic Development Programs The Chamber supports retaining and strengthening the state’s premier economic/community development programs which are critical in attracting new businesses to the state, assisting existing companies expand and encouraging investment in communities across the state. Following are the key programs the Chamber will seek to protect and improve:
• Aerospace Engineer Tax Credit • Investment/New Jobs Tax Credit
• Historical Building Rehabilitation Tax Credit • Cybersecurity/Software Engineer Tax Credit • Five-year Ad Valorem Abatement and Sales Tax Exemption for Manufacturing Facilities • Regional Home Office Insurance Premium Tax Credit
• Tourism Development Act • Filmed in Oklahoma Act
The Chamber supports enacting meaningful strategic and structural reforms to the Oklahoma Department of Commerce to ensure this key state partner agency is positioned to successfully market our state on a global and national scale, recruit companies into the state and support the growth of existing companies. The Chamber supports identifying funding streams for infrastructure and site control/development to enable
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Research and Development The Chamber supports efforts to foster an
the successful recruitment of high-economic impact projects. The Chamber supports establishing “regionally focused” economic development finance tools and structures. The Chamber supports the creation of incentives that bolster research and development efforts, catalyze early- stage capital deployment and provide the ability for key talent recruitment and retention in our market. The Chamber will support efforts to reinstate the Tax Credit for Energy Efficient Homes and oppose efforts to amend the state’s Low Income Housing Tax Credit in a way that would deter investment in affordable housing. The Chamber will support incentives and other state support to maximize opportunities for public and private investment in research and development, including Oklahoma businesses participating in joint research with Oklahoma’s public research institutions. Incentive Evaluation Commission The Chamber supports the Oklahoma Incentive Evaluation Commission (IEC), which was established to make recommendations to the Legislature and governor on which incentive programs are serving their intended purpose and creating economic/community development. If an incentive program cannot show a positive return to the state, it should be scaled back or repealed. The Chamber supports re-positioning and broadening the mission of the IEC to require a thorough review of incentive programs offered by other states be conducted. The purpose of this review would be to learn “best practices” to ensure Oklahoma is offering the most effective, up-to-date and innovative incentives possible.
environment that is conducive to further research and will oppose efforts to unreasonably restrict the continued development of the state’s bioscience and research programs. The Chamber will further support marketing Oklahoma as a rising research, product and technology development hub; support start-ups, engage in intentional efforts to attract scientists, engineers and researchers back to market; and work to retain our premier research workforce.
Federal Funding for Research and Health/ Life Science Infrastructure The Chamber supports protecting and increasing funding for life science and health care infrastructure and programs including but not limited to the National Science Foundation (NSF), National Institutes of Health (NIH) and National Institute for Standards and Technology (NIST). This includes: • Protecting the NIH/Institutional Development Award (IDeA) program, which has been instrumental in building health research infrastructure in Oklahoma. • Ensuring that NIH continues to provide adequate funds for reimbursement of facilities and administration costs. • Continuing to fund Small Business Innovation Research and Small Business Technology Transfer programs is essential for early-stage product and research development. • Enhance connectivity with industry to jointly apply for federal funds supporting healthcare and life science infrastructure and programmatic funding. • Related Farm Bill programs.
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data security and privacy; data access and sharing; policy and standards compliance; data lifecycle management and oversight. Consideration should also be given to the following: • Data integration and accessibility: The system must be able to integrate data from PK-12, CareerTech, Higher Education, workforce development and early learning systems, and the data must be accessible to stakeholders to use while maintaining privacy and security standards. • Timeliness and Quality of Data: The system must ensure real-time or near-real-time data collection and analysis to respond quickly to emerging needs, such as labor market shifts or academic performance trends. The Office of Educational Quality and Accountability (OEQA) serves as the independent oversight and accountability agency for the Oklahoma State Department of Education (OSDE) and reports its findings to the Oklahoma State Legislature. The OSDE must provide data to the OEQA within a maximum of ten days of a data request so that valuable educational decisions can be made. • Collaboration between groups: Cooperation between education, workforce and economic development sectors is critical. The system should facilitate collaboration between various state agencies, educational institutions and employers to create a comprehensive system that serves the broader goals of economic competitiveness and workforce alignment. • Sustainability and Funding: Sustainable funding is necessary to ensure the long-term operation, maintenance and upgrading of the system. • Workforce Alignment and Career Pathways: The system must be able to tie educational attainment to workforce outcomes, helping to align educational programming with the evolving needs of industry sectors. The Individual Career Assessment Plan (ICAP) must be prioritized as a tool administrators use with students. The proper time and effort must be given to help students understand the valuable data derived in this report. This will ensure students are prepared for high-demand careers and the state remains competitive in attracting businesses with a skilled workforce.
Health Care Mandates The Chamber opposes new health insurance mandates and liabilities that will undermine an employer’s ability to provide quality health insurance at a reasonable cost to employees. The Chamber further opposes new mandates being placed on physicians, hospitals and providers that will increase the cost of providing quality health care in Oklahoma.
Statewide Longitudinal Data System The chamber recognizes the need for a robust and comprehensive Statewide Longitudinal Data System (SLDS) as a top priority for advancing education and economic outcomes across our state. The SLDS is essential to ensuring that data-driven decisions guide educational strategies, workforce readiness initiatives and policy development to empower stakeholders, including educational institutions, employers and policymakers, to make informed choices that improve the long-term success of our students and workers. To ensure the system operates effectively, strong data governance is vital. Oklahoma is the only state that does not have a longitudinal data system, thereby placing a disadvantage on our educational decision makers and stakeholders. Data governance provides the framework of policies, standards and roles to ensure data is used and protected in a responsible manner. Data governance includes data stewardship and ownership; data quality and integrity;
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catch up by having more time on tasks, including longer school days and additional instructional days. In addition, we are supportive of extended summer learning opportunities and after school programs. A focus on research-based reading and literacy programs that work to enable students at all grade levels to improve reading proficiency and comprehension skills is supported.
Oklahoma State Department of Education The Chamber requires aligning the OSDE with the goals and priorities herein to best serve the educational needs of the state, as well as any available funding that supports child well-being. The OSDE is the state education agency charged with determining the policies and directing the administration and supervision of the public school system of Oklahoma. The State Board of Education is responsible for overseeing these duties are completed. The restructuring of this board for increased accountability is supported. Adding two appointees from the House and two appointees from the Senate to the current appointee membership by the Governor will increase accountability and oversight for these functions taking place. Increasing Student Learning Capacity The Chamber supports providing additional and enhanced learning opportunities that utilize recognized best practices and extended learning opportunities to address student data from Pre-K to Higher Education student learning loss. It is important to help students
Turnpike Authority Long-Range Plan The Chamber supports the long-range Advancing and Connecting Communities and Economies Safely Statewide (ACCESS) Oklahoma Plan to develop a highly effective and viable state turnpike system, including construction of new access points at appropriate locations across Oklahoma to enhance safety and access, promote economic development and provide and protect adequate revenues to achieve these long-range objectives.
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ROADS Fund The Chamber supports raising the cap on the Rebuilding Oklahoma Access and Driver Safety (ROADS) Fund, the key funding mechanism for ODOT’s Eight-Year Plan, to combat ongoing inflation and reduced purchasing power for materials, manpower and maintenance.
As part of this long-range plan, the Chamber specifically supports improvements to the following existing high-speed facilities: • Widening the Turner Turnpike, as an innovation corridor, to six lanes connecting Oklahoma City to Tulsa, the state’s two largest population centers. • John Kilpatrick Turnpike widening from I-40 to I-35, including turnpike improvements at County Line Road to improve access and generate economic development. Further consideration should be given to improvements in the vicinity of Council Road and Rockwell to assist with increased traffic flow generated by ongoing corporate expansion. As well as construction of the following new alignment high-speed expressway facilities in the Oklahoma City region and associated improvements: • Outer Loop: East West Connector, expanding mobility of south Oklahoma City, including accelerating connection from I-44 to I-35. • Outer Loop: Tri-City Connector, to increase access and offer alternative routes from I-40 to I-44 and, ultimately, I-35. • South Extension: End connector south to I-35 south of Norman. The Chamber supports the Oklahoma Turnpike Authority’s efforts to enhance safety, increase travel time reliability, allow passage of high/wide loads and create additional interchanges such as I-44/Wellston, Oklahoma, and I-44/Amber, Oklahoma.
Heartland Flyer The Chamber supports protecting and expanding passenger rail service as an important transportation option for both rural and urban Oklahomans. The Chamber will work with the Oklahoma congressional delegation, the Oklahoma state Legislature, ODOT, Amtrak, the City of Oklahoma City, Class 1 Railroads and the Association of Central Oklahoma Governments to oppose efforts to reduce or eliminate state or federal funding received by Oklahoma to operate the Heartland Flyer Amtrak service to Fort Worth, Texas. Moreover, the Chamber supports ongoing efforts by ODOT to negotiate with the State of Texas and Amtrak to ensure Amtrak can be maintained as the passenger rail carrier. The Chamber is taking active steps with our partners to pursue the objective of extending the Heartland Flyer Amtrak service to Newton, Kansas, which would connect Oklahoma City to Kansas City, St. Louis, Chicago and other locations on the national Amtrak system. Furthermore, the Chamber supports the designation of the entire Heartland Flyer line (Fort Worth – Oklahoma City – Newton – National Network) as a national Amtrak route within the U.S. Department of Transportation’s Federal Rail Administration’s specific “Corridor Identification Program.” This designation would serve to assist with the multi-million dollar federal/state burden/cost-sharing and would strategically address a significant gap in the national Amtrak system.
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Information is the key to success in a fast-moving policy environment and we want to ensure you have insight into issues facing our region’s business community. The Chamber’s Government Relations division has committed to consistently publish a government relations newsletter featuring relevant and focused content on local, state and federal political and policy developments. The Business Advocate NOW is published weekly during the 2025 Legislative Session (first week in February to last week in May) and every two to three weeks the remainder of the year. Sign up to receive the Business Advocate NOW: Business Advocate NOW
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A New Noninvasive Treatment for Essential Tremor OU Health is the first and only health system in Oklahoma to offer an incisionless treatment for patients with medical refractory essential tremor that can result in improvement in hand, head and body shaking as well as increased mobility through a same-day treatment. Called “Focused Ultrasound,” the new technology is for essential tremor patients who have not responded to medication, or who cannot take it. Focused ultrasound for essential tremor is an FDA-approved, non-invasive procedure that’s transforming patient care. The procedure uses ultrasound waves to target the specific areas of the brain responsible for tremors. Guided by MRI, the soundwaves pass safely through the skull and soft tissues to focus heat on only the targeted area, providing relief from symptoms. With no surgical cuts or permanent implants necessary, there is minimal to no risk of infection, and the treatment is often performed on an outpatient basis. Many patients can expect to resume normal activities within days.
OU Health is proud to be the first in Oklahoma to offer this revolutionary treatment.
OU Health Physicians — Neurosurgery Clinic 1000 N Lincoln Blvd, Suite 4000 Oklahoma City, OK 73104 (405) 271-4912
To make an appointment or for more information, visit us at OUHealth.com/EssentialTremor
LEADERSHIP NOTES
Happy New Year! The Chamber’s board of directors recently adopted a comprehensive set of public policy goals that will drive our focus in four critical areas to elevate our collective growth: government modernization, health, education and transportation. Listed below are a few significant topics we are concentrating on this legislative session. We will focus on County Government Reform; the Chamber supports empowering Oklahoma counties to alter their form of government to meet their unique needs. Specifically, we believe adding a new county manager position would drive greater administration efficiency. In the health sector, we will concentrate on addressing health care mandates, opposing those that undermine employers’ ability to offer affordable, quality insurance and those that increase costs for physicians, hospitals and providers. In education, we are prioritizing the development of a statewide longitudinal data system, which will connect early childhood, K-12, post- secondary and workforce data, as 47 other states, including the District of Columbia and Puerto Rico, have already done. To improve educational outcomes, it is critical that Oklahoma facilitates and fosters collaborative systems. Providing adequate funds to ensure a safe and efficient transportation system is necessary. To ensure we keep pace with inflation and long- term infrastructure needs, the Chamber supports raising the cap on the Rebuilding Oklahoma Access and Driver Safety (ROADS) Fund, the principal funding mechanism for the Oklahoma Department of Transportation’s eight-year plan. Stay informed during the 2025 legislative session – be sure to sign up for The Business Advocate, the Chamber’s regular newsletter covering key legislative developments. Make plans to share your concerns with elected officials – they rely on your feedback. Together, let’s make 2025 a record year for Oklahoma City and the business community. Thank you for your continued support in achieving these goals. CONTENTS 12 Greater Oklahoma City Chamber Presents 2025 Legislative Priorities 10 OKConnect Offers Exclusive look at OKC’s Growth and Opportunities 12 Greater Oklahoma City Chamber Celebrates Milestones and Sets Vision for Continued Growth in 2025 15 Discover OKC: 2025 Visitors Guide Highlights History, Attractions and New Experiences
CHRISTY GILLENWATER President & CEO
READ CHRISTY’S VELOCITYOKC ONLINE STORY OF THE MONTH
Key takeaways from Andrew Busch on Migration, Climate and AI VELOCITYOKC.COM/ CHRISTYSPICK
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UPCOMING EVENTS CALENDAR (Events are subject to change. Consult okcchamber.com/events for the most recent updates.) JANUARY 22 Legislative Kickoff 11:30 a.m. to 1 p.m. National Cowboy & Western
OKConnect, a premier orientation program from the Greater Oklahoma City Chamber and Leadership OKC, will return January 29 and run through late April. Designed for newcomers and business leaders in new or expanded roles, the program focuses on community engagement and awareness, offering insights into the city’s history, growth and successes. Chaired by Jim Parrack, senior vice president at Price Edwards & Company, and Shannon Rich, president and CEO of the Oklahoma Hall of Fame, the program consists of four sessions held from noon to 5 p.m. Each session will feature expert speakers who will discuss Oklahoma City's history, economic development, education and opportunities for community involvement. The program costs $500 for Chamber members and $600 for nonmembers, with 60 spots available. Apply for the 2024 class at okcchamber.com/okconnect. For more information, contact Marcus Elwell at melwell@okcchamber.com. OKConnect Offers Exclusive look at OKC’s Growth and Opportunities The ICSC New York Deal Making Show in New York City brought together retail and real estate professionals nationwide to connect, share ideas and drive growth. As an exhibitor, Oklahoma City showcased its dynamic retail market, positioning Oklahoma City as a premier destination for retail investment and development. “Exhibiting at ICSC New York is critical for fostering meaningful connections and positioning Oklahoma City as a hub for retail growth,” said Tammy Fate, director of retail development and recruitment for the Greater Oklahoma City Chamber. “It’s an invaluable opportunity to showcase our market’s potential to national retailers and developers while also staying ahead of industry trends. These face-to-face interactions are key to driving long-term investment and collaboration.” Oklahoma City's exhibit provided a space for brokers and developers to forge relationships and create opportunities with retailers. The Oklahoma City team engaged with numerous prospects, discussing the city’s growth and potential. The event highlighted some of the most transformative projects shaping Oklahoma City’s future, including the planned downtown arena, a state-of-the- art facility that will redefine the entertainment and sports experience, and the MAPS 4 Multi-Proposed Stadium, set to enhance the city’s status as a hub for sports, community engagement and economic vitality. Conversations from ICSC New York will continue as Oklahoma City engages with prospects eager to join the city’s growth story. From a thriving retail sector to transformative infrastructure projects, Oklahoma City is buzzing with opportunity. Forging Retail Relationships at ICSC New York Deal Making Show
Heritage Museum 1700 NE 63rd St.
OKCChamber.com/Kickoff FEBRUARY 12
Chamber Forum 11:30 a.m. - 1 p.m. The Petroleum Club 100 N Broadway Ave., Suite 3400 Oklahoma City, OK 73102 OKCChmaber.com/FebruaryForum MAY 14
Chamber Forum 11:30 a.m. - 1 p.m. The Petroleum Club
100 N Broadway Ave., Suite 3400 Oklahoma City, OK 73102-8869 OKCChamber.com/MayForum JUNE 18
Chamber Forum 11:30 a.m. - 1 p.m. The Petroleum Club
100 N Broadway Ave., Suite 3400 Oklahoma City, OK 73102-8869 OKCChamber.com/JuneForum JUNE 2025 InternOKC Time and Location TBD OKCChamber.com/InternOKC JULY 16 State of the City 11:30 a.m. - 1 p.m. Oklahoma City Convention Center 100 Mick Cornett Dr. Oklahoma City, OK 73109 OKCChamber.com/City
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Legislative Kickoff The Chamber will host its Legislative Kickoff event on January 22 from 11:30 a.m. to 1 p.m. at the National Cowboy & Western Heritage Museum. At this event, members will hear from a panel of legislative leaders, including Senate President Pro Tempore Lonnie Paxton; Speaker of the House Kyle Hilbert; Senate Democratic Leader Julia Kirt; and House Democratic Minority Leader Cyndi Munson These leaders of the Oklahoma Legislature will set the stage for the upcoming 2025 legislative session by sharing their insights on the critical issues facing our state. 2025 GREATER OKLAHOMA CITY CHAMBER EVENT ROUNDUP
State of the City The 2025 State of the City event is scheduled for July 16 from 11:30 a.m. to 1 p.m. at the Oklahoma City Convention Center. As the Chamber’s largest event, more than 1,500 local leaders gather at the luncheon each year to hear from the Oklahoma City mayor. At the event, guests are informed about the Greater Oklahoma City region and inspired to look toward a bright future in Oklahoma City. State of the Schools In 2025, the Chamber’s State of the Schools event is scheduled for August 6 from 11:30 a.m. to 1 p.m. at the National Cowboy & Western Heritage Museum. This event will inform guests of the efforts and ideas to be used to improve education in Oklahoma. At the annual State of the Schools event, guests hear about the efforts and ideas used to improve public education in the Greater Oklahoma City area and turn our public schools into a model for other urban areas. State of the Economy The 2025 State of the Economy event is scheduled for November 19 from 11:30 a.m. to 1 p.m. at the National Cowboy & Western Heritage Museum. The Chamber’s annual State of the Economy event provides insight into Oklahoma City’s economic trends directly from expert economists. Mayor Holt highlights the Greater Oklahoma City region’s achievements and shares his excitement for the city’s future at the 2024 State of the City event.
Chamber Forum The Chamber has four dates scheduled for its Chamber Forum, including February 12, May 14, June 18 and October 8. The Chamber Forum will take place from 11:30 a.m. to 1 p.m. at the Petroleum Club. The Chamber Forum series brings thought leaders together to discuss major initiatives, programs and current issues that impact Oklahoma City’s business climate, economy and community. InternOKC InternOKC, the Chamber’s professional development program for college interns, will take place in June. The date and location for InternOKC is to be determined. Chamber Forums offer members a unique opportunity to explore how various industries drive economic growth in the Greater Oklahoma City region.
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GREATER OKLAHOMA CITY CHAMBER CELEBRATES MILESTONES AND SETS VISION FOR CONTINUED GROWTH IN 2025
In 2024, Chamber-supported businesses created 5,800 jobs, increased payroll by $358 million and secured $664 million in new capital investments. These achievements reflect the strength of Oklahoma City’s economy and the collective efforts of its businesses, workers, and community leaders. While celebrating these successes, Rose emphasized the ongoing challenges, particularly in workforce development and education. Underemployment and the skills gap remain obstacles to growth, making it critical to focus on education and talent development to ensure Oklahoma City remains a hub for business opportunities. To address these challenges, the Chamber has partnered with Oklahoma State University-OKC to launch the state’s first chapter of the Federation for Advanced Manufacturing Education (FAME). This innovative program combines classroom learning with hands-on training to prepare students for careers in manufacturing, addressing the skills gap and providing opportunities with local companies such as Climate Control Group, IDEX Energy, and OMADA International. Workforce development efforts are also supporting Oklahoma’s rapidly growing bioscience sector. The relaunch of Life Science Oklahoma positions the state as a leader in biotechnology, therapeutics and diagnostics, fostering innovation and collaboration within the life sciences and healthcare industries. The Chamber’s role in securing federal funding through the Build Back Better Regional Grant Program has been pivotal in advancing these sectors. Oklahoma City has also made progress in aerospace and energy, with continued partnerships driving innovation and economic growth in these industries. Additionally, the city’s tourism sector remains a key economic driver, bolstered by major events such as the Women’s College World Series and the U.S. Olympic Trials.
The Greater Oklahoma City Chamber celebrated significant achievements in 2024, marking key milestones, creating new spaces for community engagement and laying the groundwork for further success in 2025. Chamber Board Chair Teresa Rose highlighted these accomplishments during the Chamber’s Annual Meeting on December 18, 2024.
Chamber members engaged in meaningful conversations with keynote speaker David Green, CEO of Hobby Lobby, at the Chamber’s 2024 Annual Meeting.
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Looking ahead to the 2028 LA28 Summer Olympics, Oklahoma City has been chosen to host the Canoe Slalom and Softball events. Although final approval from the Los Angeles City Council is pending, the city is already planning ways to showcase its unique character and global appeal. Looking ahead to the 2028 LA28 Summer Olympics, Oklahoma City has been chosen to host the Canoe Slalom and Softball events. Although final approval from the Los Angeles City Council is pending, the city and Chamber are already planning ways to unique character and global appeal. Locally, the MAPS 4 initiative continues to reshape the city, with projects such as a new animal shelter and the $19 million Diversion Hub, which will offer critical services for individuals involved in the criminal justice system. The Innovation District is emerging as a key driver of economic development, projects like Convergence, the MAPS-funded Innovation Hall and renovations to the Henrietta B. Foster Center are building a strong foundation for a thriving innovative ecosystem. These initiatives, along with infrastructure improvements, are positioning Oklahoma City as a competitive location for new businesses, talent and investment. Rose acknowledged that while 2024 was a year of progress, there is still much work to be done. To continue the city’s upward trajectory, she emphasized the importance of focusing on a strong economy, a skilled workforce, and an environment that supports business success.
The Chamber’s new economic development strategic plan provides the roadmap for continued growth beginning in 2025. The plan, called Forward Oklahoma City VII, is built on five pillars: quality of place, education, economic growth, marketing and civic engagement. These pillars will guide transformative efforts that will ensure Oklahoma City’s prosperity in the years to come. Rose also stressed the importance of maintaining the partnerships that have fueled the city’s growth over the past 30 years. When businesses, community leaders, educators, and elected officials work together, the possibilities for success are limitless. “Together, we are shaping the future of Oklahoma City and enabling the success of businesses and our community,” she said. “Let’s keep the momentum going, and let’s continue to build on the foundation we’ve laid to create a prosperous future for generations to come. The future is bright for Oklahoma City.”
The City of Oklahoma City recently released a project update on the OG&E Coliseum, currently under construction at the Oklahoma State Fairgrounds. The project is rapidly moving forward, with the exterior nearly complete and crews working on interior finishes – such as tiling and lighting. The OG&E Coliseum is a MAPS 4 project, and was designed to ensure the Oklahoma State Fairgrounds remain home to major national, state and local equine expos and other events. The OG&E Coliseum will replace the current Jim Norick Arena. Originally constructed in 1964, the Jim Norick Arena has exceeded the average public event facility lifecycle of 30 to 40 years, serving Oklahoma City for 55 years. As maintenance costs and the event demands of the city rise, the decision to construct a new event center was imperative. The fairgrounds are a major economic driver in Oklahoma City, generating more economic impact than all other City of Oklahoma City-owned entertainment venues combined. The Jim Norick Arena welcomes 1.1 OG&E COLISEUM CONSTRUCTION ADVANCES AT OKLAHOMA STATE FAIRGROUNDS
million annual visitors, who spend $211.5 million. The new coliseum is expected to increase direct spending by 10%, create 370 new jobs and generate an annual economic impact of $408 million. The new OG&E Coliseum, like the Jim Norick Arena, will be the home to state basketball tournaments, countless concerts and the world’s most prestigious equestrian events. Upon construction, the coliseum will further improve the annual Great State Fair of Oklahoma and ensure Oklahoma City remains the “Horse Show Capital of the World.” With 216,164-square-feet of space, the coliseum will be a modernized arena, with numerous seating configurations for a variety of events along with suites, a full-service restaurant and several upscale concession areas. The coliseum is located to the south of the Jim Norick Arena – which will remain open throughout the entirety of construction – and joins at the footprint of the current arena. Once the coliseum is completely finished and opened, the Norick will be torn down and a connector will take its place. The $126-million OG&E Coliseum project is funded through MAPS 3, MAPS 4, hotel tax revenue and other funding sources. Construction began in January of 2023 and is expected to be completed this April.
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Visit Oklahoma City recently revealed its 2025 Visitors Guide, which features the Oklahoma City National Memorial against the backdrop of the downtown skyline on the front cover. The cover honors the city’s resilience and transformation as it marks the 30th anniversary of the 1995 Oklahoma City bombing. What began as a day of tragedy has since led to decades of unity and strength, now known as The Oklahoma Standard. The front cover serves as a tribute to the city’s rich history while highlighting its vibrant present, inviting visitors to connect with the Oklahoma City of today. The 2025 Oklahoma City Visitors Guide offers an in-depth look at the city’s diverse range of destination content, highlighting parks, outdoor activities, sporting events and a variety of other attractions. The guide includes updated details on retail, dining, lodging, and districts throughout Oklahoma City. The guide also features a vibrant collection of new photography, along with a spotlight on Oklahoma City’s thriving music, art and festival scenes. DISCOVER OKC: 2025 VISITORS GUIDE HIGHLIGHTS HISTORY, ATTRACTIONS AND NEW EXPERIENCES
“The 2025 Visitors Guide holds special significance as we honor an important moment in our city’s history and celebrate how far Oklahoma City has come since 1995,” said Zac Craig, President of Visit Oklahoma City. “Thirty years later, the lessons learned from the tragic events of April 19, 1995, are as relevant as ever. This year’s guide showcases Oklahoma City’s diversity and growth, with fresh perspectives, engaging visuals and fun itineraries to inspire every type of visitor. Whether you’re planning your first trip or rediscovering Oklahoma City as a local, the guide has something new to explore.” The 2025 Oklahoma City Visitors Guide is available in both print and digital formats, ensuring easy access for travelers and residents. Visitors can request a copy or explore the digital version.
Congratulations to Chamber members on their recent Grand Openings! To see the schedule of upcoming Grand Openings or subscribe to the Grand Openings calendar, visit okcchamber.com/grandopenings. GRAND OPENINGS
Flip Flop Shops 1901 NW Expressway, Suite 1104
Rieger Sadler Joyce LLC 301 NW 13th St., Suite 202-203 Oklahoma City, OK 73103 Filmmakers Ranch 4300 N. Post Road Oklahoma City, OK 73084
(Inside Penn Square Mall) Oklahoma City, OK 73118 ABE’s Ability Beyond Expectations 617 W. Sheridan Ave. (Inside Sailor & The Dock) Oklahoma City, OK 73102
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WELCOME NEW MEMBERS
Businesses who join the Greater Oklahoma City Chamber are part of the largest coalition of businesses in the state and make the Chamber’s work in the community possible. Each member level is identified on the listing below.
PARTNER+
ADVISOR
Oklahoma Credit Union Association Associations / Membership Organizations Government Relations Ms. Sarah Warren............................(405) 445-1511 631 E. Hill St. Oklahoma City, OK 73105 www.cornerstoneleague.coop
The Uncommon Grounds Sculpture Park, Inc. Nonprofit / Service Agencies Parks Ms. Melissa Pepper.....................(405) 982-7377 209 French Park Place, Suite 101
Clean Oklahoma, LLC Building Maintenance Business Support Services Janitorial Services Ms. Ginger Sloan........................(405) 706-8862 722 N. Broadway, Mez Suite
Edmond, OK 73034-7202 www.uncommonground.org
Oklahoma City, OK 73102-6007 www.letscleanoklahoma.com
CORE
G&A Partners Human Resource Services / Consulting Payroll Services Ms. Madison Symonds..............(417) 782-3909 17220 Katy Freeway 3321 Lola Court
REDW Advsiors & CPAs Accountants and Accounting Services Mr. Kyle Stewart...............................(405) 543-1410
S Design, Inc. Advertising / Marketing Advertising Art & Design Communication Consultants
Square Deal Capital Investments Mr. Rob McLaughlin.....................(405) 256-4193 6824 N. Robinson Ave. Oklahoma City, OK 73116-9039 https://www.squaredealcapital.com/
211 N. Robinson Ave., Suite N150 Oklahoma City, OK 73102-7225 redw.com
Communications - Digital / Multimedia Computer Web Design / Photography Consultants Internet - Marketing & Advertising Internet - Social Media Internet - Web Hosting & Web Design Market Research & Analysis Marketing Consultants Ms. Sarah Sears..............................(405) 417-1320 718 W. Sheridan Ave. Oklahoma City, OK 73102-2412 www.sdesigninc.com
Moore, OK 73160-2892 www.gnapartners.com
MEMBER UPGRADES The following member companies increased their investment in the Chamber, demonstrating strong support of the Chamber’s efforts to drive the region’s economy. To increase your investment, contact the Membership Division of the Chamber at 405-297-8949 or membership@okcchamber.com.
PARTNER+
ADVISOR
Wayne Contracting Company, LLC Construction Companies Mr. Jacob W. Hugo......................(405) 562-6717 3030 Northwest Expressway, Suite 1416 P.O. Box 934 Edmond, OK 73083-0934 www.waynecontractingco.com
Trinity School at Edgemere Schools - Private Ms. Lisa Schade..........................(405) 525-5600 3200 N. Walker Ave.
Oklahoma City, OK 73118 www.trinityschoolokc.org
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ECONOMIC INDICATORS
OKLAHOMA HIGHER EDUCATION ENROLLMENT ENJOYS 4TH HIGHEST INCREASE IN THE NATION Fall 2024 Enrollment Changes by State: Undergraduate Students
Property Tax Burden (per $1,000 of personal income)
Top Marginal Corporate Income Tax Rate
Top Marginal Personal Income Tax Rate
Sales Tax Burden (per $1,000 of personal income)
Average Workers’ Compensation Costs (per $100 of payroll)
Overall Rank
State
2.56% Rank: 5 4.00% Rank: 7 4.55% Rank: 9 6.50% Rank: 25 4.58% Rank: 10 5.90% Rank: 20
0.00% Rank: 1 4.75% Rank: 19 4.40% Rank: 14 5.70% Rank: 24 5.80% Rank: 27 5.90% Rank: 30
$38.38 Rank: 43 $17.42 Rank: 4 $30.33 Rank: 32 $31.32 Rank: 35 $24.49 Rank: 16 $18.95 Rank: 6
$26.37 Rank: 36 $27.02 Rank: 37 $22.72 Rank: 26 $28.62 Rank: 40 $22.88 Rank: 27 $42.22 Rank: 50
$0.88 Rank: 9 $1.41 Rank: 34 $0.93 Rank: 10 $1.02 Rank: 16 $1.54 Rank: 38 $1.27 Rank: 24
6
Texas
9
Oklahoma
17
Colorado
27
Kansas
29
Missouri
38
New Mexico
Source: Alec-Laffer State Economic Competitiveness Index, 2024. (1=Best, 50=Worst).
• Oklahoma ranked #9 in the nation for best economic outlook. • The Economic Outlook Ranking, analyzed by the American Legislative Exchange Council (Rich States, Poor States), is a forecast based on a states’ current standing in 15 state policy variables.
• Each of these factors is influenced directly by state lawmakers through the legislative process. • When ranked against bordering states (TX, CO, KS, MO, and NM), Oklahoma ranks 2nd overall and favorably in several select categories.
For comprehensive Economic Indicator and Regional Data, please visit your Greater Oklahoma City Chamber Economic Development Division at www.greateroklahomacity.com/economicindicators or contact Eric Long, Research Economist, at 405-297-8976; elong@okcchamber.com DID YOU KNOW? Get regional demographic data, consumer expenditure information, labor force data for the Greater Oklahoma City Region and more at greateroklahomacity.com.
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CLAYTON I. BENNETT Dorchester Capital Vice Chair, Strategic Planning BOB FUNK, JR. Prodigal Vice Chair, Education and Talent JUDY J. HATFIELD, CCIM Equity Commercial Realty Advisors, LLC Vice Chair, Membership RHONDA HOOPER Jordan Advertising Vice Chair, Business and Economic Inclusion BILL LANCE The Chickasaw Nation Vice Chair, Convention and Visitors Development JENNY LOVE MEYER Love’s Travel Stops Vice Chair, Marketing and Communications 2025 OFFICERS
TERESA ROSE, JD Communities Foundation of Oklahoma Board Chair MICHAEL F. ROSS INSURICA / American Fidelity Assurance Company Corporate Chair-Elect SEAN TRAUSCHKE OGE Energy Corp. Immediate Past Chair
RICK MUNCRIEF Devon Energy Corporation Vice Chair, Innovation and Bioscience J. LARRY NICHOLS Devon Energy Corporation Vice Chair, Economic Development / Forwards Oklahoma City DAVID E. RAINBOLT BancFirst Corporation Vice Chair, Government Relations W. KENT SHORTRIDGE Oklahoma Natural Gas Company Vice Chair, Military and Aerospace CHRISTY GILLENWATER Greater Oklahoma City Chamber President & CEO
ISSUE #3598 - January 2025 Editorial staff Cynthia Reid Designer Billy Callan 405-297-8900 thepoint@okcchamber.com okcchamber.com twitter.com/okcchamber facebook.com/okcchamber VeloCity (ISSN 1075-6264) is published monthly by the Greater Oklahoma City Chamber,
JOHN HART Continental Resources Treasurer TOM J. McDANIEL American Fidelity Foundation Corporate Secretary
123 Park Avenue, Oklahoma City, OK 73102. SUBSCRIPTIONS: $15 per year included in Chamber membership; nonmembers, $25 per year within the U.S.. Periodicals Postage paid at Oklahoma City. Advertising rates upon request. Publisher reserves the right to refuse any advertising.
Senate President Pro Tempore Lonnie Paxton
Wednesday, January 22 11:30 a.m. - 1 p.m.
Speaker of the House Kyle Hilbert
National Cowboy & Western Heritage Museum
Members: $65 Nonmembers: $100
Oklahoma Senate Minority Leader Julia Kirt
Sponsor tables of eight with additional recognition are available for $1,550 Register at okcchamber.com/kickoff
Minority Leader Cyndi Munson
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