May 2022, Vol. 10 Issue 15
The ULI Awards: Northeast OKC Homeland

We are proud to accept the award for the NEOKC Homeland Grocery Store on behalf of our many partners we collaborated with on the land purchase, financing and design/build. Now the residents in northeast Oklahoma City have improved access to fresh groceries and pharmacy, a basic necessity that’s been missing from their neighborhoods for more than 20 years. It takes developers, real estate agents, city planners, architects, bankers, landscapers and construction companies to create an outstanding development project. The public sees the results of their hard work: places in our community that use land in a sustainable and responsible way to add great places to live, retail spaces where people enjoy shopping and working and places and events for entertainment, education and connection.

The store is also significant because it’s one of the first projects completed where the Alliance for Economic Development of Oklahoma City acted as a developer. We partnered with two other entities to create 36th & Lincoln LLC and develop the project: Milwaukee-based Endeavor Corp., which we sought out for its specialty in developing distressed areas, and Northeast Equity Investment Group. We took on this role because the financing for the deal was so complex that the time and resources required to gather the financial partners, apply for tax credits and acquire the land made the project unfeasible for private development.

The Homeland deal is an excellent example of a successful private-public partnership that is sometimes required to complete a complex transaction that can’t be done in either sector alone. It also represents a strategic direction the Alliance is moving: to pursue opportunities as a developer where there is high need in the community. We are honored to win this award for our work with so many other amazing partners on this important project including Homeland Grocery Stores, CMS Willowbrook, The City of Oklahoma City, and the OKC Chamber. 

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Elizabeth Larios Confirmed to the
Oklahoma Tourism Board
Congratulations to our project manager Elizabeth Larios on her recent confirmation to the Oklahoma Tourism & Recreation Commission. She will join the nine member group that will work with the Secretary of Tourism and Branding to guide directives and assist the department in reaching their goals. 

Elizabeth is active in a variety of economic and community organizations, leads the LA29 District Association and currently serves on the board of directors of Inclusion in Art and Dream Action Oklahoma. Elizabeth is a graduate of the Leadership Oklahoma City's LOYAL program, a member of the National Education for Woman's Leadership Institute, the Nigh Academy and Latino Leadership Oklahoma.
Don't Forget To Apply For The OKC Rescue Program
Oklahoma City business owners and nonprofits with 100 or fewer full-time employees can apply for financial support from the OKC Rescue Program to help recover from the impacts of COVID 19. The program covers business services such as marketing, accounting, or business planning; exterior façade improvements;  and COVID-19 mitigation expenses such as ventilation and outdoor seating. Eligible applicants should demonstrate an economic impact of COVID-19 or be a minority-owned business or be located in a low-income neighborhood.
Click here to apply!
Want to support Small Businesses and nonprofits in OKC with your services? Become a vendor for the OKC Rescue Program and help support small businesses and nonprofits in OKC. We are searching for technical assistance vendors to help support our technical assistance service for the OKC Rescue Program. This includes accounting, marketing, business planning, IT, HR, and engineering services. All vendors will be paid through the Alliance for Economic Development.
Click here to become a vendor!
From Kenton Tsoodle, President for the Alliance

The Henrietta B. Foster Center is slated for $15 million in MAPS 4 renovations to create a small business support center within the Innovation District to accelerate small business growth and improve economic mobility. Last week, the MAPS 4 Oversight Committee approved an operating agreement with a consortium of local community groups that will operate the center. 

Read more at the Journal Record

Development News
Requests for Proposals
OCURA Land Development Map
View the OCURA Land Development Map
In the News
Reports from the Media

OKC City Council discusses proposal to help pay for $342M resort on Oklahoma River

Oklahoma City transfers ownership of its oldest park to Innovation District developer


We have to think differently.' OKC vies for $55M grant to grow biosciences industry

Funding to advance water upgrades in Edmond, OKC

Journal Record

City approves $5 Million in funding to obtain vacant property on NE 23rd, MLK
FOX 25
Guest Columns from the President of the Alliance

Operators named for new small business center

New homes planned for northeast OKC

Vendors needed to help with OKC Rescue Program

Program to help small businesses, nonprofits

An economic update for the Fourth Quarter Fiscal Year 2020 - 21
April 1, 2021 through June 30, 2021
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About The Alliance
The Alliance was created in 2011 to better serve the economic development needs of Oklahoma City. With its collaboration with city and private entities, the Alliance acts as a comprehensive resource for business in need of assistance from the public sector.                   
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