South Oklahoma City TIF District
At a glance
Based on auto-generated captions; names and numbers may be misheard.
- What: a new tax increment financing (TIF) district on the south side of the city. Council introduced the South Oklahoma City Economic Development Project Plan.
- Where it stands: introduced 2026-10-13 as part of the consent docket (item 9BC), which passed unanimously.
- Related: the Economic Development Trust approved up to $13 million for Shields Plaza Mixed-Use Redevelopment on 2026-10-08, contingent on this district being created.
- Next: final hearing and adoption on October 27, 2026. A planned affordable housing project depends on it (see Southwest 69th Street Affordable Housing Project).
The plan (as presented by Kenny Sudel)
- 25-year budget of about $173 million, most of it for assistance and development financing, plus public improvements and shares for other taxing jurisdictions when funds allow.
- Project area bounded by Southeast 59th, Walker, 89th and Bryant. Five increment areas (A to E) collect the new taxes; A and B are residential and shopping-center areas, D covers Crossroads Mall and land north of it, and C is the undeveloped part of the OKC 577 industrial park, partly city-owned.
- Objectives: strengthen the tax base, retain and attract employers, redevelop underused property, support infrastructure, and improve connectivity and tourism (the Stanley Rother Shrine is nearby).
- Process so far: TIF review committee September 2; planning commission found it in conformance with the comprehensive plan September 24.
- Some projects are moving but depend on the plan being adopted.
From the video (2026-10-27)
2026-10-27 - City Council: Council adopted the South Oklahoma City Economic Development Project Plan on final hearing, unanimously.
Sources
- 2026-10-13 - City Council
- 2026-10-08 - Oklahoma City Economic Development Trust
- https://okc.primegov.com/Public/CompiledDocument?meetingTemplateId=68512&compileOutputType=1
Discussion time
About 5 minutes across 1 meeting (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-10-13 - City Council | 5 |
Log
- 2026-10-13 - City Council - Kenny Sudel presented the project plan (about $173 million over 25 years). Introduced on the consent docket; final hearing set for October 27.
- 2026-10-08 - Oklahoma City Economic Development Trust - Sudel noted the Shields Plaza deal is contingent on the district; it had cleared the TIF committees and planning commission and awaited council.
- 2026-09-29 - Oklahoma City Economic Development - up to $2,825,000 from the district approved for a 215-unit affordable housing project, pre-funded with bond money and repaid from increment.
- 2026-09-24 - Oklahoma City Planning Commission Meeting - Commission recommended City Council adopt the South Oklahoma City Economic Development Project Plan.