The one-time participation funding will not increase taxes. More than half of the money will be generated by the hotel.
Hotel Will Maximize Economic Impact of Convention Center
This week the Oklahoma City Council approved a redevelopment agreement with Omni Hotels for a headquarters hotel to be built and opened in concert with the new MAPS 3 convention center. This decision gives Oklahoma City the ability to compete and attract larger conventions, and will create new jobs and increased revenue for the entire city.
The convention center hotel will be a Four Diamond rated Omni Hotel with 600 guest rooms,50,000 square feet of meeting/ballroom space and food and beverage offerings. Initial renderings of the hotel show a rooftop pool with a spectacular view of downtown Oklahoma City and the new Scissortail Park.
There is a direct connection between walkability and bikeability and socially vibrant neighborhoods.
For the past four years, Cassi Poor rides her bike to work each day, and often to get around town. In those 1,460 days Poor has seen Oklahoma City make great strides to make the city a more walkable and bikeable place.
“Riding to work now is a dramatically different experience than when I first started,” Poor said. “The first year I can’t believe how many people yelled and honked at me,” she recalled. “It is definitely a more positive experience.”
Poor attributes the change to the city’s efforts to increase bicycle awareness and make the city easier to navigate sans car.
I recently had the privilege of seeing three Oklahoma City visionaries honored at Downtown Oklahoma City Inc.’s Dean A. McGee awards banquet. This year’s event recognized Mark Beffort of Newmark Grubb Levy Strange Beffort; Leslie Batchelor, president of the Center for Economic Development Law; and City Manager Jim Couch. I have worked with each of the honorees for decades on multiple projects and have seen firsthand how their efforts benefit Oklahoma City.
Follow @dtOKCbuilds for picture updates of downtown development projects.
About The Alliance
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 comprehensive resource for business in need of assistance from the public sector.