“We’re negotiating with a company right now that’s looking at doing something in that park,” Wood said.
The other half of the development will be the University North Park Corporate Centre, which will offer six pad sites, a large water feature, state-of-the-art telecommunications and airport access.
The NEDC projects high-wage jobs for college graduates in that portion of the park. The Corporate Centre will target technology companies as part of its audience.
“That’s our target for the office park,” Wood said. “The Advanced Manufacturing Center will be advanced jobs for manufacturing.”
Rock Creek road is the south boundary of the project, with the airport as the east boundary and 24th Avenue Northwest as west boundary.
“It will be just off I-35, so it’s easy access for people coming to the region to the jobs there,” Wood said. “It’s a great development area. It’s a great neighborhood for this to be in.”
Also in partnership with the NEDC and the city of Norman to develop this regional job center are the University of Oklahoma, Westheimer Airport, the Moore Norman Technology Center and the Sooner Centurions, a committee of the chamber of commerce. ACOG helped facilitate the application process.
The business parks will unfold over time as more tenants make it home.
“We’re in the bidding process and (are) trying to determine how much infrastructure we have to put in,” Wood said.
The NEDC will put in as much infrastructure as needed to get up and rolling, and more will be added as needed.
“We’re finishing up the loan to pay for the balance of the improvements,” he said. “We hope that this will be a great project for the community and generate a lot of good-paying jobs for our citizens.”