Downtown Ballpark
Ballpark Facts
Benefits of
Ballpark
Assessment
ONEOK Field Construction Webcam
Ballpark
Facts
- Employment: about 1,400 construction (temporary) positions and
more than 200 permanent positions
- Construction phase economic impact: estimated $114 million in
sales and $46 million in payroll
- Permanent economic impact: estimated $13 million in sales and
$4.4 million in payroll
- Estimated construction phase sales tax revenue: $1.4 million
(including $385,000 for Tulsa)
- Estimated annual sales tax revenue after completed: $485,000
(including $160,000 for Tulsa)
- Expected significant increases in downtown land values and
development activity
- Catalyst for additional residential, retail, hotel and office
development and public improvements
- Expect ONEOK Field to attract more than 400,000 new visitors
per year to downtown
Residents through
the city and the region will benefit
- ONEOK Field will benefit the entire metropolitan area by
creating new jobs, bringing in more visitors and visitor dollars,
increasing property values resulting in increased property tax
revenues and increasing sales tax revenues of which the county
receives 1.417%.
- This new downtown venue is bigger than baseball. It will result
in additional downtown development and bring new visitors and
events to our city. Overall, it will improve the core of our
metropolitan area, which benefits everyone. New jobs and spending
related to construction and operation of the facility directly
benefit those employed and the companies that supply products,
equipment, etc. In addition, there are numerous indirect benefits
as a result of additional money that will be spent on services and
purchases in the community, e.g., groceries, clothes, dry cleaning,
eating out, etc.
- Bottom line, to continue to rank among the best in the nation,
Tulsa and the metropolitan area must continue to invest in growing
and improving the community. Economic development and the resulting
new jobs, tax revenues and business opportunities benefit
everyone.
Assessment
Schedule of Objections
Objection Resolution Plan
Objections by
Category