Business & Housing Growth96th Street North, East Off Highway 169, <strong>Owasso</strong>Living in <strong>Owasso</strong> gives families the best <strong>of</strong> bothworlds. We have a hometown, neighborly atmosphere,low crime rates and an outstanding education system;we have all <strong>of</strong> the retail choice and convenience <strong>of</strong> amuch larger city. <strong>Owasso</strong>’s retail market continues togrow, attracting new entrepreneurs, franchisees, andretail stores all the time.<strong>Owasso</strong> residents choose to shop in <strong>Owasso</strong>, as domany Tulsa, Claremore, Catoosa, Bartlesville, andother community residents. ZIP code data collectedat various retail stores in <strong>Owasso</strong> prove shoppersconsistently come here from as far away as C<strong>of</strong>feyville,KS and Caney, KS.Just a few <strong>of</strong> the businesses recently opened in<strong>Owasso</strong> include Target; JCPenney; Belk’s DepartmentStore; Applebee’s Restaurant; Olive Garden; StarbucksC<strong>of</strong>fee; Hobby Lobby and PetSmart. More thanhalf a billion dollars <strong>of</strong> commercial and residentialconstruction permits have been issued in the <strong>City</strong> <strong>of</strong><strong>Owasso</strong> in the past 6 years.96th Street North, West Off Highway 169, <strong>Owasso</strong>“<strong>Owasso</strong>’s shopping trafficcomes from all over the area,including Kansas, partlybecause <strong>Owasso</strong> is easy to getto and we don’t have the trafficproblems common in largercities.”Frank EnzbrennerPresident, RCB Bank<strong>Owasso</strong>“Simply put, growth drivesretail... it’s a supply and demandsituation. <strong>Owasso</strong>’s growthhas created a high demand forretail products, but the area wasseriously ‘under-retailed’ andwe are delighted to be filling thatvoid with new developments likethe Smith Farm Marketplace,featuring Target, Belk’s, OldNavy and Pier 1.”Jim ShindlerVice-President <strong>of</strong> DevelopmentHunt Properties, Inc. – Dallas10Highlight: Due to <strong>Owasso</strong>’s location and highway infrastructure, it is a collection point forconsumers in a 4,309 square-mile area.
Housing Permits Issued & Total Value Of PermitsValue <strong>of</strong> Permits, in Millions2000: $ 39.12001: $ 41.32002: $ 52.22003: $ 46.95505004502004: $ 53.02005: $ 52.92006: $ 36.12007: $ 32.7Number <strong>of</strong> Permits Issued4003503002502000 2001 2002 2003 2004 2005 2006 2007<strong>Owasso</strong> Retail SalesTotal Sales, Millions <strong>of</strong> Dollars1999 2000 2001 2002 2003 2004 2005 2006 2007Value Of Commercial Permitsin Millions1998: $ 20.51999: $ 17.72000: $ 37.72001: $ 14.62002: $ 15.12003: $ 7.52004: $ 32.92005: $ 64.82006: $ 42.52007: $ 44.811