Retail development in north Tulsa urged
Friday, January 21st 2005, 10:43 am
By: News On 6
State lawmakers converge on north Tulsa Friday afternoon. They hope their proposed legislation will breathe new life into the area's economy.
A few businesses are already seeing success in the area. News on 6 anchor Terry Hood says for quite a while, the "city" has been working to promote economic development in north Tulsa.
It's a section of town that many consider underserved and ignored. Developers say more businesses plan to jump on board soon.
The city designated the area along Peoria between Pine and Apache as a "Tax Increment District." That means money from sales tax earned in the area goes back to funding improvements to the neighborhood.
So far, just one big business has gone in. The Albertsonâ€™s near Peoria and Pine.
But North Tulsa's representatives in the state House hope they can change that. They've filed legislation to provide incentives to any business that builds, relocates or simply operates in north Tulsa, instead of always looking south.
Rep Darrell Gilbert (D)-Tulsa: "Instead of going down to 101st and plowed ground, come to north Tulsa and see the advantages of being here."