QuikTrip to Build New North Tulsa Manufacturing & Distribution Center
QuikTrip announced plans to build a 250,000-square-foot manufacturing and distribution facility in north Tulsa to accommodate the growth of QT Kitchens and other facets of its business. The new facility will give the company the chance to expand its commissary and distribution workforce as well as put QuikTrip Signs and Fulfillment – the company’s sign company – under the same roof. More than 125 people will work at the new facility.
Fast-Growing Cosmetics Firm Has Already Outgrown New Facility
SeneGence international, a direct-sales cosmetics and skin care firm that operates in 13 countries, is expected to start building a 1.5 million-square-foot corporate campus just west of Sapulpa by the end of 2017. The expansion will create hundreds of new jobs for the region. Infrastructure on the 225-acre site will include offices, warehouses, manufacturing space and a SeneSuites hotel.
Surplus Declared from Vision 2025 Tax Collections
Tulsa County commissioners declared a $19.5 million surplus from Vision 2025 tax collections. Approved by voters in 2003, the 0.6 percent Vision 2025 sales tax expired at the end of 2016. The surplus is money collected beyond the cost of the projects approved in the original 2003 vote. Two previous surpluses, totaling $91 million, were used to complete the BOK Center and for projects in Tulsa County municipalities.
Gilcrease Expressway to be Completed Through Unique Partnership
A turnpike involving a private-sector investor will be utilized to help secure $240 million for completion of the final leg of the Gilcrease Expressway. The partnership will include the city of Tulsa, INCOG, Tulsa County, the state, the Oklahoma Turnpike Authority, federal funding and a private investor. Once funding is in place, work to complete the north Tulsa loop will take approximately 30 months.
Three-Story Mixed-Use Development Planned for Pearl District
A Brookside restauranteur is planning a three-story, mixed-use development in the Pearl District. The Tulsa Development Authority approved the schematic drawings for a $4.6 million development by Darin Ross on 1.27 acres at the southwest corner of Peoria Avenue and Sixth Street. The 27,591-square-foot project calls for 9,000 square feet of restaurant or retail space on the first floor and apartments and/or offices space on the upper two. Construction will take about a year and should begin in September.
Oklahoma Tax Rate Total Among the Lowest in the Nation
Oklahoma’s state and local taxes are generally low according to a recent report from the Conservative Tax Foundation’s annual Facts and Figures report. Oklahoma ranked 40th nationally in per capita and local taxes, measured as both percentage of income and total dollars.
TU Ranked Among Top 20 Small Universities Worldwide
For a second straight year, the University of Tulsa has made a list of the top 20 small universities worldwide. Compiled annually by Times Higher Education, a London-based education news service, the 2017 World’s Best Small Universities ranking includes TU as one of four schools in the U.S. in its top 20. The list includes schools from 12 countries, including Europe and Asia. TU is 19th in the rankings.
QuikTrip Makes Best Places to Work for 15th Year
QuikTrip has been named for the 15th consecutive year among Fortune magazine’s Best Companies to Work For list. QuikTrip jumped to 68th on the list from 76th last year. QuikTrip has been known for its high wages and good benefits since its founding and believing that its people were its competitive advantage.
Area Home Sales Increase in February
Home sales in February jumped 13.45 percent over the same month last year, according to data released by the Greater Tulsa Association of Realtors. A total of 911 Tulsa-area homes were sold last month, an increase of 108 over the February 2016 total. The average sales price grew 8.19 percent in February compared with the previous year and the average days on the market dropped 4.42 percent.
Tulsa City-County Library Named Finalist for National Medal for Museum and Library Service
The Tulsa City-County Library is among the finalists for the 2017 National Medal for Museum and Library Service. The library system was one of 30 finalists named by the Institute of Museum and Library Service in late March. The award honors institutions that demonstrate extraordinary and innovative approaches to public service and positively affecting individuals, families and communities.
Luxury Apartments and More Retail Coming to Village on Main in Jenks
The ever-expanding Village on Main is adding another multifamily component to the mixed-use development. Officials plan to break ground in April on a five-story facility that will house 114 upscale apartments. In addition, work on two commercial buildings is set to begin with three months. The Village’s expansion – the 114 units and the 11,000- and 22,000-square-foot commercial buildings represent an investment of $22 million.
Broken Arrow Plans Innovation District
The city and collaborators want to merge high-tech manufacturing, housing and education in an initiative called the “Innovative District,” which planners hope will attract hundreds of high-paying jobs. Officials hope to have the 100-acre site selected and some industry partners named in the coming months.
Oklahoma Aquarium Opens Sea Turtle Island Exhibit
The Oklahoma Aquarium, one of the state’s top tourist attractions, has opened its highly anticipated Sea Turtle Island. A ribbon cutting was held in early March for the exhibit which features two 300-pound loggerhead sea turtles, reef sharks and tropical fish in a 56,000-gallon tank. Fundraising for the $2.9 million exhibit began eight years ago.