The Norman Transcript

Business

February 20, 2014

Officials break ground in North Park district

NORMAN — An investment in Norman’s business future continues to unfold in the University North Park TIF district.

On Wednesday, the Norman Economic Development Coalition was joined by dignitaries and city leaders to break ground on the UNP Corporate Center and Advanced Manufacturing Center.

“This has been such a joint effort by so many people,” NEDC Executive Director Don Wood said.

The groundbreaking kicks off Phase 2 of the Town Center Development. Phase 1 brought retail, hotels and Legacy Park to the development located along 24th Avenue Northwest, north of Robinson Street.

Phase 2 will begin with infrastructure to support a business park and manufacturing center, with the goal of bringing quality jobs to Norman. IMMY, a local business in the health industries technology, is expanding and will be the first tenant in the park, bringing new jobs at an average of $50,000 in annual salary.

When the UNP TIF was established in May 2006, a portion of the diverted taxes was set aside to help bring jobs to Norman. When complete, the Corporate and Advanced Manufacturing centers will include six multi-story office buildings offering more than 350,00 square feet of space and another 400,000-plus square feet of manufacturing space.

“We anticipate this will create a home for over 2,000 new quality jobs to Norman,” NEDC board chair George Wilson said.

United States Sen. Jim Inhofe, R-Tulsa, was there Wednesday to offer his congratulations to Norman. Inhofe said he is one of the most conservative members of the Senate, but he supports government funding of defense and infrastructure.

“This is what we’re supposed to be doing,” Inhofe said.

In 2012, the NEDC won $2.5 million from the U.S. Economic Development Authority to assist with infrastructure for the business and industrial park. The EDA provides money to communities that match federal dollars with local funds. The total infrastructure is about $5 million.

Text Only | Photo Reprints
Business
  • Ideal Homes to dedicate Oklahoma’s first Home for HOPE

    Ideal Homes dedicated the company’s first Home for HOPE on Wednesday at 13209 SW 5th in Yukon....

    July 27, 2014

  • Todd Lamb to keynote luncheon

    Lt. Gov. Todd Lamb will provide the keynote address at the Norman Chamber of Commerce’s annual Legislative Lunch at 11:45 a.m. Aug. 6 at the National Weather Center. Lamb will speak on state issues that may impact local business and ...

    July 27, 2014

  • Builders Association of South Central Oklahoma learns about storm water proposal

    The Builders Association of South Central Oklahoma invited Norman Public Works Director Shawn O’Leary to talk about the new storm water fee proposal at its luncheon Thursday....

    July 27, 2014

  • Backing up everything, everywhere, not as easy as it should be

    Though we may wish or believe otherwise, computing devices are still somewhat of a hassle to use. Some devices, like Apple’s iPad, come close to being fully realized machines, but even iPads have their clunky side....

    July 27, 2014

  • Is using E10 or ‘pure’ gasoline more economical?

    An analysis by AAA Oklahoma shows that at today’s prices, E10 motor fuel is cheaper to use than 100 percent gasoline, despite the fewer miles per gallon produced by E10, which is a blend of 10 percent ethanol and 90 percent gasoline....

    July 27, 2014

  • Appellate judge retiring

    The Honorable Charles A. Johnson retired from the Court of Criminal Appeals after 25 years on the bench. Johnson was appointed to the court on Oct. 31, 1989, by Gov. Henry Bellmon to fill the unexpired term of Hez J. Bussey. After 59 ...

    July 27, 2014

  • Candy Basket celebrates 25 years

    Perhaps it’s the chocolate covered blueberries whose deliciousness still lingers. Or maybe it’s the blood orange and wild honey white chocolate ganache that won’t soon be forgotten by your taste buds. At The Candy Basket there is decadence ...

    July 20, 2014

  • Bramlett & Associates adopts new name reflective of business

    Bramlett & Associates Multimedia LLC (Bramlett Multimedia), 215 W. Main St., announced this month that the company will change its name after 12 years in business and will do business as BOLD-Multimedia. The announcement, made first to ...

    July 20, 2014

  • Toothpick holders convention coming to Norman

    Lynne Ryan has been collecting toothpick holders her entire life. “My parents, Mr. and Mrs. W.L. ‘Bud’ Gibbs started our collection in 1936,” Ryan said. Ryan was born in 1940, and she grew up crawling around toothpick holders, as have ...

    July 20, 2014

  • Protect your online banking, shopping with encryption

    In my free, one-night class called “Fight the Internet Bad Guys and Win,” I teach everyday computer users how to stay out of trouble on the Internet. How to avoid virus infections, how to discern between the genuine and counterfeit, and ...

    July 20, 2014