HomeMy WebLinkAbout2016.01.14_OEDA AgendaNotice and agenda filed in the, office of f he City Clerk and posted on the City Hall bulletin, board
at, 5:00 PM on Tuesday, January 12,2016,, A
Chelsea E. Levo,. Economic Development Director
I Call to Order
Mr. Sokolosky, Chall
2. Consideration and appropriate action, relating to a request for Trustee approval of the
Consent Agenda. All matters listed under "Consent" are considered by the Trustees to be
routine and will be enacted by one motion. Any Trustee may, however, remove an item
from the Consent Agenda by request. A motion to adopt the Consent Agenda 'is non-
debatableV
A. Approval of minutes of the December 10, 2015 regular meeting
Attachment
B. Approval of claims
Attachment
C. Acceptance of the monthly financial reports,
Attachment
3. Consideration and appropriate acfl'.on relating to items removed from the Consent Agenda
Report from OEDA, Manager
Mr. Lehr
7. New Business (New Business Is any item of business which could not have been foreseen at
the time of posting of the agenda.)
MEETING OF THE
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
MINUTES OF MEETING
Thursday, December 10, 2015
The Owasso Economic Development Authority met in regular session on Thursday, December 10, 2015 in
the Lower Level Conference Room at City Hall, 111 N Main, Owasso, Oklahoma per the Notice and
agenda filed in the office of the City Clerk and posted on the City Hall bulletin board at 5:00 PM on
Tuesday, December 8, 2015.
ITEM 1: CALL TO ORDER & ROLL CALL
Chair Dee Sokolosky called the meeting to order at 10:00 AM.
PRESENT
Dee Sokolosky, Chair
Frank Enzbrenner, Vice Chair
Gary Akin, Secretary
David Charney, Trustee
Dirk Thomas, Trustee
Bryan Spriggs, Trustee
A quorum was declared present.
ITEM 2:
ITEM 3:
ITEM d•
ABSENT
Jeri Moberly, Trustee
CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF THE
OEDA CONSENT AGENDA
A. Approval of minutes of the November 12, 2015 Regular Meeting
B. Approval of claims
C. Acceptance of the monthly financial reports
Dr. Thomas moved to approve the consent agenda, seconded by Mr. Enzbrenner.
AYE: Sokolosky, Akin, Charney, Enzbrenner, Thomas, Spriggs
NAY: None
ABSTAIN: None Motion carried 6 -0
CONSIDERATION AND APPROPRIATE ACTION RELATING TO ITEMS REMOVED FROM THE CONSENT
AGENDA
No action required
REPORT FROM OEDA DIRECTOR
Chelsea Levo provided the business development report and discussed the ICSC 2016
conference; Bronce Stephenson presented the Monthly Building Report for November; Roger
Stevens presented the Public Works project status report; and Linda Jones provided the
monthly sales tax report. Discussion was held.
ITEM 5: REPORT FROM OEDA MANAGER
Sherry Bishop advised that an election will be held March 1, 2016 to select representation for
City Council Ward 5 and the candidate filing dates are December 21, 22, and 23.
ITEM 6: REPORT FROM OEDA TRUSTEES
Gary Akin reported on the recent passage of the "FAST" Act providing federal funding for
surface transportation projects.
ITEM 7: NEW BUSINESS
None
ITEM 8: ADJOURNMENT
Dr. Thomas moved to adjourn the meeting, seconded by Dr. Spriggs.
AYE: Sokolosky, Akin, Charney, Enzbrenner, Thomas, Spriggs
NAY: None
ABSTAIN: None Motion carried 6 -0
The meeting adjourned at 10:45 AM.
Juliann Stevens, Minute Clerk
I
TO: THE HONORABLE CHAIR AND TRUSTEES
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FROM: CHELSEA M.E. LEVO
ECONOMIC DEVELOPMENT DIRECTOR
SUBJECT: CLAIMS, OEDA
DATE: January 14, 2016
No claims for December 2015.
Owasso Economic Development Authority
Statement of Revenues, Expenses and Changes in Fund Net Assets
For the Month Ending December 31, 2015
Operating Revenues
Operating Expenses:
Materials &supplies
Services &other charges
Capital outlay
Total Operating Expenses
Operating Income {Loss}
Nan - Operating Revenues (Expenses):
Investment income
Promissory note revenue
RAN debt service &other costs
Transfer from Hotel Tax Fund
Total non- operating revenues (expenses)
Net income (loss) before contributions and
transfers
Transfer to general fund
Change in net asses
Total net assets - beginning
Total net assets - ending
MD
YTID
Bud
$0.00
$0.00
$0.00
0.00
U0
0.00
0,00
0.00
5x000.00
0.00
0.00
0.00
0.00
0.00
51000-00
0.00
0.00
5 � 000. 00)
0.70
4.12
8.00
0.00
0.00
.0
0.00
0.00
0.00
0.00
0.00
0.00
0.70
4.12
$8.00
0.70
4.12
(4,992.00)
0.0
0.00
0.00
0.70
4.12
(4,992.00)
91070.82
91070.82
$9,074.94
$4#078.82
RESIDENTIAL SINGLE FAMILY NEW CONSTRUCTION MONTH END REPORT DEC
Month 2006 2007 2008 2009 2010 2011 2012 2013
1 January
22
13
25
15
17
18
19
15
2 February
41
14
19
23
29
17
15
26
3 March
50
25
35
30
46
14
27
27
4 April
52
30
31
36
31
19
26
26
5 May
36
60
23
27
30
20
23
19
6 June
29
27
21
34
23
19
24
19
7 July
12
23
24
28
17
20
15
27
8 August
28
27
18
28
19
12
15
18.
9 September
12
17
40
20
11
12
12
28
10 October
25
31
15
36
13
10
21
15
11 November
13
26
10
13
1
8
11
7
12 December
16
8
6
13
9
10
16
11
Totals
336
301
267
303
246
179
224
238
YTD 336 301 267 303 246 179 224 238
400
350
300
250
200
150
100
50
0
DECEMBER YEAR -TO -DATE COUNT
- -- - - - - - -- - - - - - -- - - - - -- - - - - - --
------- ------- ------- --------
DECEMBER YEAR -TO -DATE DOLLARS
50, 000, 000
40,000,000 �----------------------------------------------------------------------------------------------------- - - - - --
30, 000, 000
20, 000, 000
TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR
CITY OF OWASSO
RESIDENTIAL LOT INVENTORY STATUS
December 31, 2015
SUBDIVISION
Burberry Place (6/09)
Camelot Estates (4/07)
Carrington Pointe I (1/11)
Carrington Pointe I Extended (10/15)
Champions East (05/08)
Champions West (5/08)
Country Estates III (3/99)
Country Estates VI (11/03)
Crescent Ridge (02/08)
Fairways V (8/99)
Fairways VI (12/00)
Falls at Garrett Creek (12/05)
Falls at Garrett Creek Amended (12/05)
Hickory Creek
Honey Creek (4/02)
Keys Landing I (3/08)
Lake Valley IV (5/10)
Lake Valley V (9/30)
Lake Valley V Phase 2
Lake Valley V Phase 3
Lakes at Bailey Ranch (10/07)
Maple Glen (12/08)
Maple Glen II (1/11)
Maple Glen III (5/13)
Maple Glen IV (6/2/14)
Nottingham Estates IV (8/01)
Nottingham Estates V (3/01)
Nottingham Hill (6/09)
Park Place at Preston Lakes
Preston Lakes (12/00)
Preston Lakes III (10/04)
Remington Park II (11/04)
Sawgrass Park II (04/05)
The Summit at Southern Links (6/97)
Watercolours (12/02)
TOTALS
# OF LOTS
89
139
171
15
66
45
61
37
101
71
42
85
24
50
202
131
114
78
82
71
235
98
93
43
92
20
44
58
93
272
147
84
96
31
40
# DEVELOPED # AVAILABLE
87
2
109
30
163
8
6
9
22
44
30
15
58
3
36
1
93
8
66
5
41
1
84
1
23
1
47
3
198
4
117
14
112
2
65
13
63
19
17
54
232
3
97
1
90
3
41
2
67
25
17
3
43
1
14
44
72
21
243
29
144
3
82
2
94
2
27
4
31
9
3120 2731 389
Watercolours (12/02)
The Summit at Southern Links (6/97)
Sawgrass Park II (04/05)
Remington Park II (11/04)
Preston Lakes III (10/04)
Preston Lakes (12/00)
Park Place at Preston Lakes
Nottingham Hill (6/09)
Nottingham Estates V (3/01)
Nottingham Estates IV (8/01)
Maple Glen IV (6/2/14)
Maple Glen III (5/13)
Maple Glen II (1/11)
Maple Glen (12/08)
Lakes at Bailey Ranch (10/07)
Lake Valley V Phase 3
Lake Valley V Phase 2
Lake Valley V (9/30)
Lake Valley IV (5/10)
Keys Landing 1 (3/08)
Honey Creek (4/02)
Hickory Creek
Falls at Garrett Creek Amended (12/05)
Falls at Garrett Creek (12/05)
Fairways VI (12/00)
Fairways V (8/99)
Crescent Ridge (02/08)
Country Estates VI (11/03)
Country Estates III (3/99)
Champions West (5/08)
Champions East (05/08)
Carrington Pointe I Extended (10/15)
Carrington Pointe 1 (1/11)
Camelot Estates (4/07)
Burberry Place (6/09)
CITY OF OWASSO
Residential Lot Inventory Status
0 50 100 150 200 250 300
■ Lots Developed 13Total Lots
COMMERCIAL NEW CONSTRUCTION MONTH END REPORT DECEMBER
Month
2006
2007
2008
2009
2010
2011
2012
2013
1 January
9
4
4
1
1
3
1
1
2 February
0
3
2
0
1
3
1
1
3 March
14
2
0
1
3
0
0
0
4 April
1
0
4
1
1
1
0
4
5 May
2
1
1
2
1
2
1
0
6 June
4
1
1
2
0
0
2
1
7 July
0
0
1
0
0
0
0
1
8 August
7
3
1
0
0
2
2
0
9 September
1
28
3
0
0
0
0
0
10 October
3
4
1
0
0
1
0
4
11 November
1
1
1
2
2
1
0
1
12 December
1
1
1
0
1
0
0
1
Totals
43
48
20
9
10
13
7
14
YT D 42 47 19 9 9 13 7 13
DECEMBER YEAR -TO -DATE COUNT
......
DECEMBER YEAR -TO -DATE DOLLARS
TOTAL NEW CONSTRUCTION DOLLARS FOR EACH YEAR
OCCUPANCY PERMITS
NAME ADDRESS DATE COMPLETE
DECEMBER 2015
Firehouse Subs
9538 N Garnett Rd #101
12/3/2015
Yes
76th Street Professional Plaza
12899 E 76 St N #106
12/8/2015
Yes
Genscripts Pharamacy
9538 N Garnett Rd #102
12/31/2015
Yes
NOVEMBER 2015
Adaline
11413 E 96 St N #100
11/19/2015
Yes
Oxford Owasso Memory Care
11113 E 103 St N
11/25/2015
Yes
Titan Black
403 W 2 Ave #101
11/6/2015
Yes
MJ Executive Management
14601 E 88 PI N
11/5/2015
Yes
SAHO Animal Hospital
12555 E 86 St N
11/18/2015
Yes
OCTOBER 2015
MedExpress
11760 E 86 St N
10/12/2015
Yes
Walmart Neighborhood Market
11551 N 129 E Ave
10/14/2015
Yes
Ohana Arts
13720 E 86 St N #150
10/15/2015
Yes
Alter -You Tailoring
8505 N 121 E Ave
10/16/2015
Yes
Rejoice Elementary School
10701 N 129 E Ave
10/26/2015
Yes
SEPTEMBER 2015
Arby's Roast Beef Restaurant
11500 N 140 E Ave
9/8/2015
Yes
Buffalo Wild Wings
9263 N Owasso Exp
10/3/2015
Yes
AUGUST 2015
Communication Federal Credit Union
12300 N 86 St N #A
8/10/2015
Yes
AMC Urgent Care
9003 N Garnett Rd
9/1/2015
Yes
Academy Sports & Outdoors
8959 N Garnett Rd
9/5/2015
Yes
Family Cuts
11230 N Garnett Rd #C
8/10/2015
Yes
Taco Bell
13315 E 116 St N
9/2/2015
Yes
Owasso Drug
12802 E 86 St N
Yes
JULY 2015
Golden Dragon Taekwondo
8517 N 129 E Ave
7/6/2015
Yes
FFO Home Furniture
12932 E 86 St N
7/24/2015
Yes
It's A Small World
11211/11213 N Garnett Rd
7/22/2015
Yes
Paint & Barrel
9455 N Owasso Exp #K
7/31/2015
Yes
Dairy Queen
9495 N Owasso Exp
7/13/2015
Yes
Owasso Foot Massage Center
9100 N Garnett Rd, #J
7/31/2015
Yes
CB Guns & Sports
9100 N Garnett Rd #K
7/27/2015
Yes
Nutrition Spark
12711 E 86 PI N #105
7/2/2015
Yes
Mind & Body Essentials
12806 E 86 PI N #B &C
8/1/2015
Yes
Janie & Raye
12302 E 86 St N
7/31/2015
Yes
JUNE 2015
Craft & Barrel
208 E 5 St #J
6/3/2015
Yes
Gerry Horner Automotive
206B N Main St
6/4/2015
Yes
Kirk Chiropractic
8514 N 128 E Ave
6/15/2015
Yes
MAY 2015
APRIL 2015
Scissortail Provisions 702A N Main St 4/6/2015 Yes
State Farm 9100 N Garnett Rd 4/28/2015 Yes
PERMITS APPLIED FOR IN DECEMBER 2015
ADDRESS
BUILDER
ADD /ZONE
VALUE
I A.S.F.
PERMIT#
14516E 114 St N
Simmons Homes
LVV3 /PUD
$ 105,160
1,912
15- 1201 -X
12012E 109 PIN
Simmons Homes
MGIV /RS3
$ 100,815
1,833
15- 1202 -X
9500 N 129 E Ave #130
KBI Solutions
CC /CS
$ 300,000
41210
15- 1203 -C
12010E 110 PIN
Simmons Homes
MGIV /RS3
$ 10,815
1,833
15- 1204 -X
14701E 114 St N
Simmons Homes
LVV3 /PUD
$ 123,695
2,249
15- 1205 -X
12808E 67 PIN
Rausch Coleman
HC /PUD
$ 110,440
2,008
15- 1206 -X
12813E 67 PIN
Rausch Coleman
HC /PUD
$ 110,440
2,008
15- 1207 -X
8291 N Owasso Expressway
Marlin Kerr
3LI /IL
$ 20,000
3,400
15- 1208 -C
12500E 86 St N #107
Rainbow Signs
ECCC /CG
$ 3,000
20
15- 1209 -5
12105E 96 St N
Oil Capital Neon
OM /CS
$ 5,000
48
15- 1210 -S
14506E 114 St N
Simmons Homes
LVV3 /PUD
$ 111,430
2,026
15- 1211 -X
7 Single Family
$ 672,795
13,869 SgFt
2 Commercial Remodel
$ 320,000
7,610 SgFt
2 Signs
$ 8,000
68 SgFt
Ill Total Building Permits
$ 1,000,795
21,547S
CCi�ty o f Owaysfl- 212 N. Mai^. St. 0 0 K 7 4oss
PERMITS APPLIED FOR WITHIN OWASSO FENCELINE - December 2015
ADDRESS
F117-6n
COUNTY
IDake
BUILDER
SUBDIVISION
lUnplatted
TYPE
5 E 126th St. N
Rogers
Properties
n/a
New Home
18105 E. 95th St. N
Rogers
Four Seasons Sun Rooms
Eastwood Estates II
Accessory
4898 E. 486 Road
Rogers
Billy and Kelly Evans
Rolling Meadows Extended
New Home
4898 E. 486 Road
Rogers
Billy and Kelly Evans
Rolling Meadows Extended
Detached Garage
19748 E. 69th St. N
Rogers
Executive Homes
The Ridge II
New Home
19746 E. 70th St. N
Rogers
Executive Homes
The Ridge II
New Home
8729 N 72nd E. Ave
Tulsa
Smalygo Properties
IThe Crossing
New Home
Single Family
$ 945,000
Multi Family
n/a
Residential Remodel
n/a
Accessory
$ 47,000
New Commercial
n/a
Commercial Remodel
n/a
Other
$ 5,000
Total Building Permits
$ 997,000
PROJECT STATUS REPORT
City of Owasso Public Works Department
January 5, 2016
• E. 76th Street North Widening (from U.S. Hwyl 69 to N. 129th East Avenue
In October 2010, the City received notice that INCOG selected the project to
receive federal funding in the amount of $2,090,000 for engineering, right -of -way
and utility relocation costs. A 20% required match will be funded through the
City of Owasso's Capital Improvement Fund.
In October 2011, the City received notice that INCOG selected the project to
receive federal funding in the amount of $3,470,000 for construction and
administration costs. A 20% required match will be funded through the City of
Owasso's Capital Improvement Fund.
In February 2012, ODOT officials informed City staff of funds available in the
Federal Surface Transportation Fund for the planning phase of E. 76th Street North
Widening Project.
In March, INCOG presented this project to its members for consideration to
receive funding in 2012 for the engineering design. Project was approved by the
Technical Advisory, Transportation Policy Committee, and INCOG Board of
Directors
- Engineering agreement for Poe & Associates, Inc. of Tulsa, Oklahoma and
funding agreement was approved at the May 7, 2013, Council Meeting.
- The engineering design is approximately 60% complete.
- On July 21, 2015, ODOT, Poe & Associates and City of Owasso met on location
and conducted a plan -in -hand meeting.
- ROW obtainment is scheduled to commence in February 2016 with completion
anticipated by July 2016.
- Utility Relocation is scheduled to begin in September 2016 with completion
expected by June 2017.
- Construction is scheduled to occur in December 2017 with completion by
September 2018.
- The National Environmental Policy Act (NEPA) document is on its third review by
ODOT. Staff anticipates receiving approval from the state by January 2016. Once
approved.. Federal Highway Administration will review and approve within 30 -45
days received.
• Garnett Widening (from E. 96th Street North to E. 106th Street North)
In November 2012, Council approved an engineering agreement with Dewberry
in the amount of $345,600.
A Public Meeting for the Garnett Widening project was held June 27, 2013 with
City staff and representatives from PSA Dewberry to receive citizen comments
regarding the design. In October 2013, INCOG presented this project to its
members for consideration to receive federal funding in FY 2017 for the
construction phase. Project was approved by the Technical Advisory and
Transportation Policy Committees.
On November 12, 2013, the INCOG Board of Directors approved federal funds to
be allocated to this specific project in the year 2017 or sooner, if funding is
available. The City of Owasso will receive $3.2 million in federal funds.
The engineering design is approximately 80% complete.
ODOT staff has approved the environmental study.
In July 2015, the NEPA document was approved by FHWA.
ROW obtainment commenced in October 2015 with completion anticipated by
April 2016. Contact has been made to all property owners. Appraisals are being
prepared and conditions for ROW purchase are being discussed with property
owners.
Utility Relocation is scheduled to begin in July 2016 with completion by April 2017.
Construction is scheduled to occur in October 2017 with completion by August
2018.
• E. 1 16th Street North and 129th East Ave Intersection Improvement Project
Tulsa County and City of Owasso have partnered together to fund the
engineering design, utility relocation and construction.
In August 2014, application for funding for the construction phase of this project
was submitted to INCOG. If funded, the "matching grant" will result in a grant of
80% ODOT funding, 10% Tulsa County funding and 10% City funding.
- In October 2014, INCOG Transportation Technical Advisory Committee and the
Transportation Policy Committee voted to recommend this project as eligible to
receive STP funds. In addition, the INCOG Board of Directors met on Thursday,
November 13th and approved this project to receive federal funds in the amount
of $2,186,000. As a result, federal funds for construction will be available in FY
2018, or sooner, if funding is available.
Environmental study commenced in April 2015 with approval expected by
March 2016.
Engineering design is approximately 60% complete.
Environmental study commenced in March 2015. NEPA Document prepared by
ODOT was completed in December 2015. As a result, environmental document
will be sent to FHWA in January in 2016 for approval.
• E. 1 16th Street North and N 140th East Ave Signalization Project
Plans approved by ODOT and City of Owasso
City of Owasso 20% Funding, Maintenance Agreement and Resolution approved
at January 20, 2015 Council Meeting.
In February 2015, ODOT advertised this project for bids.
Bid opening occurred in March 2015.
Bid Award occurred in April 2015.
A preconstruction meeting was held between ODOT and contractor on July 8.
Based on a discussion with the contractor, the project is expected to commence
in mid - October with completion by December 2015.
Per ODOT, construction was complete in December 2015. Final Inspection by City
staff indicates the four signalized intersections are not synchronized according to
plan nor is the striping improvements complete. Thus, City staff is scheduling a
meeting with ODOT to discuss and request these concerns be addressed as soon
as possible.
• U.S. 169 Highway Widening Project (from E. 56th Street North to E. 66th Street
North
In March 2015, ODOT is tentatively scheduled to advertise this project for bids
with bid opening in April. Construction start date will be provided at a later date
by ODOT.
Project bids were let on March 19, 2015
Bid award occurred in April, 2015 with construction commencing in July 2015.
ODOT administered a preconstruction meeting with Becco in mid -June 2015.
Construction commenced on July 6 with completion scheduled to occur by
February 2017.
Progress continues with the construction of multiple bridges and widening from E
56th St N to E 66th St N.
Contractors are preparing bridge decks and will be pouring concrete over the
next two weeks.
Phase I bridge and roadway improvements were complete in December 2015.
Becco construction is currently finishing demolition of all southbound bridges. In
addition, earthwork is being performed on the new southbound roadway
alignment.
• Brookfield Crossing Stormwater Improvements
In October 2014, City Council approved an agreement for engineering services
with Kellogg Engineering.
Engineering design is approximately 80% complete with final design expected to
be complete in February 2015.
At this time, the engineering consultant is designing another option which
would reduce the amount of excavation within the Brookfield Crossing
neighborhood. This new option in design is taking longer than anticipated but
we are optimistic it will result in fewer residential yards and driveways
disturbed during the construction phase.
Consultant has surveyed drainage relief on the east and north sides of
Brookfield Crossing. Land acquisition is ongoing.
• FY 2015 -2016 Street Rehabilitation Proaram
In August 2015, City Council approved the project priority list.
Funding in the amount of $1,765,975 is included, with $1 million funded from the
Capital Improvements Fund and $765,975 from the 1/2 Penny Sales Tax Fund.
Engineering Division is designing the following locations for rehab:
• Atlanta Street reconstruction for E 76th St N to W 3rd St.
• Alley reconstruction between Broadway and W 1 It St.
• Broadway reconstruction west of Atlanta
• W 1St St Reconstruction
• Construction of cul -de -sac on the north end of Carlsbad
• Rehabilitation of N 126th E Ave from E 76th St N to E 77th PI N
• Rehabilitation of E 77th PI N from N 123rd E Ave to N 126th E Ave
• Rehabilitation of N 124th E Ave, adjacent to Mills Elementary
• Rehabilitation of E 80th Ct N
• Preventative Maintenance - Honey Creek II
• Preventative Maintenance - Bailey Ranch II /Sawgrass I
Bid advertisement is scheduled to occur in the spring 2016.
• Central Park Channel Improvements
In July 2015, Council approved an engineering agreement Meshek and
Associates in the amount of $66,760.
Engineering design commenced in September 2015 with completion
scheduled to occur in May 2016.
• Sports Park Regional Detention Facility
- In July 2015, Council approved an engineering agreement Meshek and
Associates in the amount of $57,330.
- Engineering design commenced in September 2015.
- 60% Plans were submitted for our review on December 22nd, 2015.
- Design completion scheduled to occur in May 2016.
• E. 106th Street North and 145th East Ave Intersection Improvement Project
In October 2015, Council approved this project to be included as a project on
the Capital Improvement Project list.
In November 2015, Public Works requested qualifications from several local
engineering firms. In mid - November, Public Works received qualifications from
eight engineering firms.
Staff has selected a qualified firm to begin fee negotiations and anticipate
having an engineering agreement for consideration at the January 19th City
Council Meeting.
Awk
The Ci'ty Wit i
out
TO: HONORABLE CHAIR & TRUSTEES
OWASSO ECONOMIC DEVELOPMENT AUTHORITY
FROM: CHELSEA M.E. LEVO
DIRECTOR OF ECONOMIC DEVELOPMENT
SUBJECT: DIRECTOR'S REPORT
DATE: January 14, 2016
NEW BUSINESS DEVELOPMENT
Zaxby's Chicken -- 12807 E 86th St N
o Awaiting crews that are building in Tulsa at present.
• Wal -Mart Neighborhood Market - 1 1551 N 129th E Ave
o Fuel station now open.
• Amber Crossing - 11413 E 96th St N
• Under construction. Finishing up minor infrastructure for Public Works. Opening
soon.
• Adeline's -Suite 100
■ Relocated from 9210 N Garnett Rd
■ Open for business.
• Caudle Center Phase III /Fairway Marketplace - 9538 N. Garnett Road
• Construction completed.
• Firehouse Subs is open for business.
• GenScripts Pharmacy is open for business.
LaQuinta Inn - Lot 2, Block 1 of the "Replat of the Sevens"
o Contractor is beginning to mobilize. Surveying is underway.
• Braum's - location on north side of 96th Street near the Garnett intersection
o Construction is underway.
• Braum's - 11503 E 76th St N
• Tear down and rebuild of existing store to begin after construction of new 96th &
Garnett store.
• Plans have been submitted and are under review.
• Owasso Express Laundry - 9700 N Garnett Rd
o New building (8,710 sq ft) to house new Laundromat and 2 commercial tenants.
Under construction.
• Owasso Laundromat - 12802 E 86th PI N
o Under construction
• Fast Signs - 8751 S 1 17th E Ave, Suite D
o Located in Mingo Valley Shopping Center
• Dusty's Grill and Cantina - 7708 N Owasso Expressway
• New Mexican restaurant in former Blondie's Pizza location.
• Projecting to open first quarter of 2016.
• PYs Pub and Grille - 9500 N 129th E Ave
• Former Compadres location.
• Plans submitted and under review.
• Safelock Storage - SE corner of E 76th St N and N 129th E Ave
• Storage units.
• PUD reviewed by TAC.
• Starbucks - 13506 E 1 16th St N
o Site plans submitted.
• Valley National Bank - 13510 E 1 16th St N
o Awaiting plans.
• Ohana Arts - 13720 E 86th St N, Suite 150
• New arts studio.
• Renaissance Shopping Center, former Drop Zone for Kids location.
BUSINESS RETENTION & EXPANSION (BR &E)
• SAH O - 12555 E 86th St N
• Moved from 12500 E 86th St N location.
• Open for business.
• Rejoice Christian Campus - 10701 N 129th E Ave
o Phase II construction is underway.
• First Christian Church - 10100 N Garnett Rd.
o Addition to building - 13,145 sq ft addition. Construction is underway.
INDUSTRY NEWS
• In another sign that physical retail is in robust health, demand for U.S. retail space is high
and will remain high even as more space comes online in the coming year, according to
JLL's Development Outlook for the coming year. Read more http: / /bit.ly /1 RNvQeP
• City parks: They're good for public health, air quality and property values. According to a
new study commissioned by the National Recreation and Parks Association they're good
for business too, generating almost $140 billion in economic activity in 2013. Read more
http: / /bit.ly/ 1 OT7cXn
• As America braces for another wave of holiday travel later this month, we have reason
to be a little more optimistic about the future of our nation's roads. Read more
http: / /bit.ly /22W56xB
• Three massive real estate companies, including the largest mall developer in the U.S., are
each promising to bring an outlet mall to a different part of the Tulsa metro area by the
end of 2017. Read more http: / /bit.ly /1 SKJQ9Q
• The retail industry is in the final days of a year in which the athleisure trend continued to
boom, the off -price category got even hotter and an ever - growing list of restaurants
catered to our interest on healthy eating by announcing big changes to their food
supply chains. Read more http: / /wapo.st /1 RINhhF
• Things are looking pretty good for the US economy. Read more http: / /bit.ly /1 IZs3cK
• A late surge in shopping and pent -up demand for women's clothing gave a boost to
holiday sales, according to early spending figures. Read more http: / /bit.ly /1 OXZI N7
• Macy's is taking a hard look at its real estate and store portfolio as it seeks appease
impatient shareholders concerned about sliding retail sales. Read more
http: / /cin.ci /1 PTasml
• Thinking "outside the box," how can rural America outcompete big cities for top talent?
Be cool and be unique. Read more http: / /bit.ly /I ne3E9r
• After a disappointing holiday sales season, Macy's Inc. says it plans to cut $400 million in
costs by laying off staff at its Cincinnati headquarters and in its 770 stores. Read more
http: / /bit.ly/ 1 PTaSZM