The Alliance | Economic Development in Oklahoma City

ABOUT US

Formed in 2011, the Alliance for Economic Development of Oklahoma City coordinates land, incentives and economic tools that make Oklahoma City even more attractive to companies and developers. This includes the coordination, management, planning and implementation of:

The city’s General Obligation-Limited Tax bond program

Tax increment financing districts

The city’s retail strategy and incentives

City and urban renewal redevelopment programs

Identification and development of job creation sites

Public-private redevelopment opportunities

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ECONOMIC TOOLS

STRATEGIC INVESTMENT PROGRAM
The Strategic Investment Program promotes quality jobs and ensures

accountability and transparency, with a focus on pay-for-performance incentives.
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TAX INCREMENT FINANCE

DISTRICTS
Tax increment financing districts promote development in blighted, underserved, or economically distressed urban areas.
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OKLAHOMA CITY URBAN RENEWAL AUTHORITY
The Oklahoma City Urban Renewal Authority oversees the revitalization of the city's urban neighborhoods and enhancement of its quality of life.
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RETAIL

INCENTIVE POLICY
The retail incentive policy promotes the development of regional retail establishments, such as outlet malls along with new to market retailers and retail businesses that will serve underserved areas.
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INNOVATION DISTRICT
The Innovation District encompasses 1.3 square miles just east of downtown Oklahoma City. It is home to organizations spanning Oklahoma’s diverse sectors – health, energy, aerospace, technology, research, academia and more. Development of the district will capitalize on Oklahoma's strength in these industries.
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PAGE WOODSON
After sitting abandoned for two decades, the Page Woodson High School renovation will offer high-quality, affordable apartment housing, meeting a critical need in this area. The community meeting space and grand auditorium that will be leased and managed by the community development corporation Progress OKC.
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HOMELAND
Northeast Oklahoma City is often compared to a food desert because full size grocery stores were not in close vicinity to residents. Now, it will be gaining a full service and full size (30,000 square foot) grocery store – Homeland. The store is set to open Fall 2021 and construction is well underway at 36th and Lincoln.
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OMNI HOTEL
The list of reasons you should invest in Oklahoma City is growing - almost as quickly as the list of reasons why people love living here. Let us introduce you the beautiful 605-room Omni Oklahoma City hotel that opened in early 2021. The increased room capacity will bring thousands of people who will add new dollars to our economy through lodging, food, entertainment and shopping.
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