MAPS 3 will be the culmination of over a decade of development, implementation and construction. When we reach its end, the downtown landscape will take on a new life, along with new leases.
As with any good long-term plans, MAPS 3 is always in need of review. Since its inception in April of 2010, the projects have gone through a number of phases. Construction has begun on several of its eight overarching projects.
MAPS has transformed the downtown landscape of Oklahoma City over the years and will continue to do so for almost another decade. The ongoing comprehensive city improvement package represents a turning point in positioning Oklahoma City as a major center for recreation, business, culture, education, research and sports.
A tax investment program and renewal plan recently approved by the Oklahoma City Council could spark redevelopment of a blighted but promising area of the city's northeast side.
The Council voted Tuesday to approve a tax increment finance (TIF) district to support the Northeast Renaissance Urban Renewal Plan, which the Council approved on December 30. The TIF district and renewal plan are designed to benefit the NE 23 corridor between Interstate 235 and the Oklahoma River.
The Alliance was created in 2011 to better serve the economic development needs of Oklahoma City. With its collaboration with city and private entities, the Alliance acts as a “one-stop-shop” for businesses in need of assistance from the public sector.
The Oklahoma City Urban Renewal Authority is the leading public redevelopment agency of Oklahoma City. It is empowered through state law with certain financial resources and legal mechanisms. Urban Renewal is charged with the revitalization of the City's urban neighborhoods and the enhancement of its quality of life.