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OKC Plan, 2000-2020 - City of Oklahoma City

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Will Rogers Airport and the accompanying Federal Aviation Administration not only provide<br />

significant employment opportunities but function as a center <strong>of</strong> transportation services and<br />

freight movement.<br />

The I-40 Industrial Area centered near Interstate 40 and County Line Road contains several<br />

major industrial employers: AT&T, Firestone, Seagate, and CMI Corporation.<br />

The Memorial Road/Broadway Extension area in <strong>Oklahoma</strong> <strong>City</strong> and Edmond has experienced<br />

rapid growth in the past five years. This area contains a mix <strong>of</strong> commercial and industrial uses<br />

and is anchored on the west by Quail Springs Mall, a regional shopping center.<br />

The Northwest Expressway corridor is an area <strong>of</strong> intense commercial and <strong>of</strong>fice development.<br />

This area is anchored on the east by Penn Square Mall, a regional shopping center and includes<br />

the Integris Baptist Medical Center at Northwest Expressway/NW 50th/Lake Hefner Parkway.<br />

The I-240 corridor from I-35 to I-44 is an area <strong>of</strong> intensive commercial development. It is<br />

anchored on the east by Crossroads Mall, a regional shopping center.<br />

Despite the trend toward greater economic diversity in <strong>Oklahoma</strong> <strong>City</strong> and in the state,<br />

economic health in the region has fluctuated dramatically from decade to decade. This pattern is due<br />

both to the cyclical nature <strong>of</strong> agriculture and to the heavy reliance on the energy industry for jobs,<br />

capital formation, and tax revenue. Future economic development efforts, therefore, must continue<br />

to broaden the base <strong>of</strong> economic activities and avoid dependance on a few sectors for viability and<br />

growth.<br />

Both the public and private sectors need to be actively involved in efforts to develop and<br />

enhance the local economy. Private sector actions are needed to interpret market conditions and to<br />

initiate investment decisions. The public sector assists by maintaining and monitoring economic<br />

data and by providing infrastructure, supportive regulations, and other public programs to encourage<br />

economic development. By balancing private sector needs and the public interest, a dynamic<br />

economy can be maintained for present and future generations.<br />

Directions<br />

Work with other metro cities, area chambers <strong>of</strong> commerce, business district groups, the State and<br />

other entities to promote job and income growth throughout the <strong>Oklahoma</strong> <strong>City</strong> region.<br />

Within the context <strong>of</strong> cooperative regional economic development efforts, place special<br />

emphasis on the redevelopment <strong>of</strong> Downtown <strong>Oklahoma</strong> <strong>City</strong> and the surrounding core areas by<br />

encouraging reuse <strong>of</strong> larger vacant sites and buildings convenient to the central city and<br />

promoting reuse <strong>of</strong> brown field locations.<br />

Increase worker productivity, versatility, and wages by improving education at all levels.<br />

Support economic development efforts by improving the overall quality <strong>of</strong> life in the<br />

<strong>Oklahoma</strong> <strong>City</strong> region by improving community appearance and public safety, expanding<br />

recreational and cultural opportunities, and promoting patterns <strong>of</strong> growth and development<br />

which make efficient use <strong>of</strong> existing investments in public services and infrastructure.<br />

Maintain the ability to respond to future business development needs through supportive<br />

planning policies and targeted capital improvements while protecting existing residential and<br />

commercial areas and recognizing the <strong>City</strong>’s limited fiscal resources.<br />

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