OKC Plan, 2000-2020 - City of Oklahoma City
OKC Plan, 2000-2020 - City of Oklahoma City
OKC Plan, 2000-2020 - City of Oklahoma City
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Regional Shopping Centers<br />
The <strong>City</strong> <strong>of</strong> <strong>Oklahoma</strong> <strong>City</strong> makes a significant investment in taxpayer funds to support the<br />
<strong>City</strong>’s three regional shopping centers. Support is provided in the form <strong>of</strong> roads, sewer and water,<br />
ongoing maintenance, fire support, and other services provided directly to the centers and to the<br />
catchments <strong>of</strong> residential development that provide the centers’ customers. In return, the <strong>City</strong><br />
benefits from the sales tax revenues generated by the centers.<br />
The <strong>City</strong>’s mission is to protect and enhance this reciprocal cycle <strong>of</strong> mutual benefit as much<br />
as it can (within its jurisdictional limitations) to ensure that the quality <strong>of</strong> life we enjoy in <strong>Oklahoma</strong><br />
<strong>City</strong> is maintained.<br />
There are three regional shopping centers in <strong>Oklahoma</strong> <strong>City</strong>—Crossroads Mall,<br />
Quail Springs Mall and Penn Square Mall. Each <strong>of</strong> these attracts large numbers <strong>of</strong> shoppers<br />
annually, generating substantial sales tax revenues. By their presence, the malls act as a community<br />
anchor, and therefore a construction generator since they provide a substantial incentive for<br />
residential and other development within the mall’s customer catchment. Not insignificantly, the<br />
malls also provide a form <strong>of</strong> “main street” social outlet for the suburban shopper.<br />
Assets<br />
High quality, diverse retail outlets<br />
Primary generator <strong>of</strong> sales tax revenue<br />
Primary generator <strong>of</strong> development in surrounding neighborhoods<br />
Community anchor<br />
Social meeting place<br />
Direction<br />
To sustain and enhance the viability <strong>of</strong> existing regional shopping centers wherever possible by<br />
maintaining existing <strong>City</strong> services and infrastructure and providing additional services and<br />
infrastructure when justified because <strong>of</strong> Center expansion or improvements.<br />
Industrial Areas<br />
Although manufacturing employment has been declining in recent years as a share <strong>of</strong> total<br />
employment in our nation, the industrial sector remains a significant employer and generator <strong>of</strong><br />
wealth for many <strong>Oklahoma</strong>ns, and will no doubt continue to be so for the foreseeable future.<br />
Following the oil bust <strong>of</strong> the mid-1980’s, <strong>Oklahoma</strong> <strong>City</strong> business and government leaders actively<br />
worked to diversify our economy. The <strong>City</strong> will continue its efforts to foster new growth and a<br />
diversified economy.<br />
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