Mayor Bynum and Tulsa City Councilor’s celebrate the completion of a Vision Tulsa Airport Infrastructure Project – a new tail slot for hangar doors at the American Airlines Tulsa Maintenance Base. “With the Vision Tulsa sales tax, Tulsans are investing in their city for continued economic development through projects such as this tail slot at the American Airlines Tulsa Maintenance Base,” Mayor Bynum said. “This will ensure that maintenance work will stay in Tulsa when American Airlines brings larger, more fuel-efficient aircraft into its fleet. We are proud to continue our many decades of partnership between the City of Tulsa and American Airlines.”

SpiritAerosystems has announced an expansion of operations in Tulsa, bringing in an additional 250 employees and an $80 million investment in our city. These new jobs are focused on supporting the manufacture of airplane fuselages for Boeing 747 aircraft as Spirit expands operations and product lines across locations. Spirit will move quickly, starting the build out process and transferring some work from their Wichita base starting in 2019. A full build out is expected in 2021, with investments in machinery, training, and infrastructure through 2022.

Tulsa’s Valley National Bank is set to move its headquarters to a brand-new building in the heart of Downtown Tulsa next year. Valley’s current headquarters is in south Tulsa, and this is an expansion for the offices that allows room to grow while investing in Downtown. The 100,000-square-foot building is next to the ONEOK Field baseball stadium and will feature a mix of retail options in addition to the headquarters, including an In the Raw rooftop sushi restaurant. Other projects on the block include a 338-space parking garage for the area and The View apartment complex, which will add more housing options to the vibrant Downtown Tulsa residential community.

The City of Tulsa is proud to announce the launch of our new Opportunity Zones page. Opportunity Zones are a federal tax program that incentivizes new development in low income census tracts. This program will spur development across Tulsa and provide a catalytic foundation for long-term economic development in the areas that need it most. If you have any questions about Opportunity Zones, please feel free to contact Alex Nongard in our office at anongard@cityoftulsa.org.