City of OKC
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Total project budget: $76.7 million
MAPS 4 will help transform our entrepreneurial ecosystem by making investments in the Innovation District near northeast Oklahoma City. This $76.7 million allocation will create jobs and encourage more diversification of our city’s economy.
Quick facts
- Project includes:
- Henrietta B. Foster Center for Northeast Small Business Development and Entrepreneurship ($16.7 million)
- The Henrietta B. Foster Center is an existing city-owned recreational building located on the southeast corner of North Lincoln Boulevard and NE 4th Street. This project will renovate the building into a center focused on the development of new and existing small businesses and entrepreneurship opportunities for surrounding residents.
- Programmatic elements could include co-working space, flex workspaces, and shared common amenities, such as conference rooms and administrative services.
- Operator: Metro Tech
- Connectivity in and around the Innovation District ($27.8 million)
- This project will not only change the physical landscape of the Innovation District to better encourage interaction between existing institutions but will also improve bike and pedestrian linkages to surrounding areas for the benefit of both employees and nearby residents.
- Specific corridors to be addressed as a part of this sub-project include North Lincoln Boulevard, NE 4th Street, NE 8th Street, as well as the NE 10th Street bridge at I-235. Other corridors may also be addressed, including other bridges over I-235, should funds allow.
- Innovation Hall ($11.15 million)
- MAPS 4 includes $11M to construct an Innovation Hall that will encourage collaboration among the various stakeholder groups and entities in and around the Innovation District. This $11M investment will be matched by up to $10M raised from non-MAPS sources. As envisioned, the Innovation Hall will anchor a larger effort that is anticipated to bring hundreds of millions of dollars in private sector development while also adding needed land uses to the District.
- Programming could include learning academies like coding training for all ages, versatile space for meetings and events related to innovation and entrepreneurship, and pop-up spaces for entrepreneurs to showcase new ideas and build connections.
- Operator: Oklahoma City Innovation District
- Operating fund ($21 million)
- An operating fund to assist with operations of the Foster Center and the Innovation Hall.
- Henrietta B. Foster Center for Northeast Small Business Development and Entrepreneurship ($16.7 million)
City Council approved the Innovation District Neighborhood Connectivity Master Plan in January 2023.
On August 16, 2022, Oklahoma City Council voted to revise the MAPS 4 implementation plan, increasing the estimated revenue projected by $100 million to nearly $1.1 billion.