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Recent News & Announcements

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8-Month Study Calls for Creation of a Consolidated Authority

The City of Tulsa is moving forward with recommendations from an 8-month study, which calls for the creation of a consolidated, independent economic development Authority. 

The new entity, which will streamline and strengthen the City’s economic development efforts, will merge the Mayor’s Office of Economic Development (MOED), Tulsa Industrial Authority (TIA), Tulsa Parking Authority (TPA), and Economic Development Commission (EDC) into a single, enhanced Trust Authority; the entity will also provide staffing for the Tulsa Development Authority, and an expanded Board will allow TDA Trustees to serve coterminous on the new Authority.

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Tulsa City Council Approves Economic Development Infrastructure Fund, Downtown Revolving Loan Fund Policy Recommendations

The Tulsa City Council approved policy recommendations for the Economic Development Infrastructure Fund and Downtown Revolving Loan Funds. "Read more" for more information. Read More

City Adopts Downtown TIF Development Assistance Policies

The City of Tulsa recently approved policies governing the use of incremental revenue for Development Assistance within the Downtown TIF Project Area. The Policy aligns the review and award process with the City's current development priorities in Downtown Tulsa; the expansion of affordable housing, increasing residential density, historic preservation, and the implementation of City adopted plans for Downtown Tulsa. 
 
View the Downtown TIF Development Assistance Policies online
 
For more information about the Policies and the Downtown TIF, please contact Spencer Mitchell. 

City, TEDC Launch Zero Interest Loans with Resilience and Recovery Fund

In partnership with Tulsa Economic Development Corporation (TEDC), the City of Tulsa is dedicating $1.1 million in funds for zero interest loans to provide financial assistance to small business owners and entrepreneurs affected by COVID-19.

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Evans-Fintube Site Closer to Redevelopment; Developer Shortlist Released

The City of Tulsa, Tulsa Authority for Economic Opportunity (TAEO), and the Evans-Fintube Steering Committee announced the selection of four respondents to move forward to the Request for Proposals (RFP) stage for the redevelopment of the Evans-Fintube site in the Greenwood District. The 11-acre site is the future home to a destination mixed-use development with the potential for multi-family housing, offices, retail, restaurants, entertainment, cultural space, and a hotel. The four firms will create their visions for the site through a Request for Proposals (RFP) to determine which of the four will be selected as Master Developer. Find out more here.

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Kirkpatrick Heights/Greenwood Master Plan Announcement

On August 17, 2021, the City of Tulsa, Tulsa Authority for Economic Opportunity (TAEO), and Tulsa Development Authority (TDA) announced the Kirkpatrick Heights/Greenwood Master Plan – a plan that will create a vision and action-oriented redevelopment strategy to guide the growth of 56 acres of land in and around Greenwood. 

“This is one of the most historically important pieces of land in all of Tulsa, and it is crucial that we move forward with its revitalization in a way that benefits the surrounding community,” Mayor G.T. Bynum said. The conceptual Master Plan will provide strategies for incremental development with a mix of uses, reflecting the planning and economic context of the area and will serve as a model for equitable and inclusive development. 

More information on the project can be found at: www.OurLegacyTulsa.org 

City, TDA, TEDC Partner to Create Greenwood Entrepreneurship Incubator at Moton

 The City of Tulsa, Tulsa Economic Development Corporation (TEDC) and Tulsa Development Authority (TDA) announced plans in June 2021 to provide $4 million to support the Greenwood Entrepreneurship Incubator at Moton (GEIM), a new entrepreneurship hub in North Tulsa. 

GEIM is a three-part program, which includes a physical incubator space at the historic Moton Health Center on North Greenwood Ave. and East Pine St. The space will serve as an entrepreneurial accelerator program ran by MORTAR Tulsa and the Build Tulsa Fund to provide financing opportunities to  entrepreneurs in North Tulsa. GEIM will provide the space, training, networking, and resources for aspiring entrepreneurs to build their business and create new jobs for Tulsans.

More information on the project can be found here.



 

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