City of Oklahoma City

PROJECT PURPOSE

Provide water, sewer, and stormwater infrastructure for mixed use development in the Core to Shore Project Area. The Core to Shore Plan, adopted by the City of Oklahoma City in 2008, is the mitigation and redevelopment plan for plan for the area impacted by the ODOT relocation of Interstate 40.

EVIDENCE

Policies in Oklahoma City's comprehensive plan, planokc, adopted in 2015, outline the open space initiatives that increase well being for our citizens as supported by The National Parks and Recreation Association's 40 years of research. These initiatives include expansion of active open community spaces, housing and community services for all levels of income, and preserving the natural environment as respite in our downtown. Oklahoma City has a proven track record of using infrastructure incentives to lead private development.

POPULATION DESCRIPTION

The cost of infrastructure has been the primary impediment for getting a workable private development agreement in this area. The Core to Shore plan goals include workforce housing and integration of active space with public investments to mitigate the impacts from the freeway relocation and industrial blight, which has impacted residents in and near the subject area for many decades. Shopping opportunities and new affordable housing units built in the subject area would benefit low-and moderate- income residents in the immediate area and in the neighborhoods just south of the Oklahoma River.

PERFORMANCE MEASURING

Installation of water, sewer and stormwater mains will meet Oklahoma City Water Utilities Trust (OCWUT) and Public Works' standards, meeting the expenditure deadline of Dec 31, 2026. The project will make the area development-ready.

ONGOING INVESTMENT AMOUNT

$

ONGOING INVESTMENT DESCRIPTION

None

ONGOING INVESTMENT REQUIRED

One-time project will not need continued funding