ORGANIZATION
AMOUNT REQUESTED
$50,000,000
STATUS
None
OKLAHOMANS PROJECTED TO BENEFIT
500,000-1,000,000
ESTIMATED PROJECT DURATION
18-24 months
IMPACTED COUNTIES
Oklahoma
PROJECT PURPOSE
Provide adequate water, sewer, and stormwater infrastructure to ensure support to the growing medical, research and office developments projected within the District. The OKC Innovation District and Capitol Environs Land Use and Strategic Development Plan, adopted by the City of Oklahoma City in 2019, is the partnership framework for a dense, active, safe and well-connected mixed-use environment.
EVIDENCE
The core and environs of the Innovation District house the state's key players in its bio-med sector. The City and its partners have a decades-long proven track record of success in this area. As with other revitalization efforts across OKC, the provision of infrastructure has consistently triggered the desired follow-on development.
POPULATION DESCRIPTION
Much of the infrastructure in the community-commercial and neighborhood sub-areas is old and needs to be right-sized to ensure the Innovation District plans for commercial and neighborhoods investment are served. The non-campus areas of this predominantly African-American and low-income community was high on the vulnerability index pre-covid and has suffered additional losses in prosperity throughout the pandemic.
PERFORMANCE MEASURING
Installation of water, sewer and stormwater mains will meet Oklahoma City Water Utilities Trust (OCWUT) and Public Works' standards, and will meet the expenditure deadline of Dec 31, 2026. The goal is to trigger additional private development, which will be measured via City building permit data.
ONGOING INVESTMENT AMOUNT
$
ONGOING INVESTMENT DESCRIPTION
None
ONGOING INVESTMENT REQUIRED
One-time project will not need continued funding
PROGRAM CATEGORY
Investments in Water, Sewer, and Broadband
PROGRAM SUBCATEGORY
Clean Water: Other Sewer Infrastructure
FEDERAL GRANT AMOUNT
$
FEDERAL GRANT DESCRIPTION
None
HQ COUNTY
Oklahoma
ENTITY TYPE
Municipal government entity
Data source: Oklahoma Office of Management and Enterprise Services / More information ยป