Edmond's Fast Track for Business News & Information
HOT HEADLINE
Register for the 2009 Edmond Economic Preview
The Edmond Economic Development Authority's 2009 Economic Preview CD Launch and Luncheon is scheduled from 11 a.m. to 1 p.m. Jan. 29 in the Nigh University Center at the University of Central Oklahoma. The EEDA will unveil the 2009 Economic Preview CD at this annual event, sponsored by First Fidelity Bank. Pre-registration cost is $35 and walk-ins are $45. This includes the luncheon and the 2009 Economic Preview CD containing a special video from the EEDA and reports collected from each expert. If you wish to attend, register online here or call 405-340-0116. Last day to pre-register is Tuesday, January 22, or you may register at the door for an extra fee. Register Today!
BUSINESS BEAT
Edmond Business Barometer – the pulse of the local economy
November 2008 Business Barometer
Click here to download.
EEDA provides new RSS feed
EEDA’s Web site users can stay up-to-date on the latest Edmond news by subscribing to the EEDA’s new RSS feed. The feature is easier-to-use and is available to anyone wishing to subscribe. Subscribe to the RSS feed here.
Production company moves to new location
After five years in its current location, Producers' Playhouse will move to its newly constructed studio at 117 NW 142nd St. The Edmond-based independent film and video production company shoots and edits TV commercials, corporate videos and training films. The company will share the space with RK-1 Productions, a sound recording company. Courtesy of The Journal Record, November 20, 2008.
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Edmond business uses environment-friendly practices
Since 1988, Pelco Products, a manufacturer of traffic signal hardware, structural poles, decorative lighting and utility hardware, has incorporated environment-friendly practices into its business. The company uses 100 percent wind power through Edmond Electric, operates programmable thermostats and infrared heaters to heat from the ground, decreases fuel use with adjusted employee schedules and recycles paper, cardboard, plastic bottles and aluminum and steel drops and shavings. Courtesy of The Oklahoman, November 22, 2008.
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National Magazine features Edmond-based NanoBioMagnetics
Spirit Magazine, the in-flight magazine for Southwest Airlines, features NanoBioMagnetics in its December issue. The Edmond-based company's President and CEO Chuck Seeney discusses the work completed by the organization as well as what the future holds. Courtesy of Spirit Magazine, December 2008.
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WHO'S WHO
Edmond Regional Medical Center welcomes three new doctors
Edmond Regional Medical Center added three new doctors to their staff. Dr. Corey E. Ponder currently practices Orthopedics with a specialty in total joint replacement at Oklahoma Sports and Orthopedics Institute. Dr. Walter Scott Waugh is a Family Practice physician specializing in Sports Medicine at Oklahoma Sports and Orthopedics Institute. Dr. Timothy M. Geib practices orthopedics at Oklahoma Sports and Orthopedics Institute. Courtesy of Edmond Life & Leisure, November 13, 2008.
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University of Central Oklahoma welcomes new faculty
The University of Central Oklahoma welcomed new faculty to the College of Business Administration. Joining the staff will be Heather Duvall, M.A.; Gordon Gray, Ph.D.; Dini Homsey, M.A.; Marty Ludlum, Ph.D.; Lalit Manral, Ph.D.; Paul Shelton, Ph.D.; Zane Sawnson, Ph.D. and Edward Walker, Ph.D.
GUTHRIE-EDMOND REGIONAL AIRPORT
Geoport looks to expand
In order to achieve C-2 status and become a reliever airport for the Greater Oklahoma City area, the Guthrie-Edmond Regional Airport is working to acquire more land. Currently occupying 409 acres, Geoport needs the 59 acres on the south part of the airport to meet goals for developing large corporate, commercial type hangars. Courtesy of The Edmond Sun, November 20, 2008.
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ON CAMPUS
UCO featured on cover of BusinessWeek
The cover of the November 13 issue of BusinessWeek featured the University of Central Oklahoma's Professional Golf Association Golf Management Program. The promotional cover also included a summary of the four and a half year program as well as quotes from Bob Phelps, director of PGA Golf Management.
Enrollment numbers will increase
Over the next 20 years, enrollment in Edmond Public Schools is expected to increase from more than 20,000 to more than 28,000 according to Edmond Assistant Superintendent Bret Towne. Additionally, the district will build a sixth middle school within the next three to five years and, eventually, a new high school, though additions to the three current high schools delays this need. Courtesy of The Oklahoman, November 20, 2008.
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CITY SPOT
Edmond's third quarter cost of living below national average
Edmond ranked 12.1 percent below the national average for the third quarter cost of living index, according to the latest Cost of Living Index by ACCRA. The study measures relative price levels for consumer goods and services in participating areas. Edmond's cost of living dropped 0.6 percent from the same period in 2007. Courtesy of Edmond Life & Leisure, November 20, 2008.
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City engineer discusses upcoming Edmond construction
During the EEDA monthly meeting, City Engineer Steve Manek updated Edmond business and real estate professionals on upcoming construction plans. Some projects are scheduled to be completed within the next year while others are scheduled to begin over the next three years. Courtesy of The Edmond Sun, November 22, 2008.
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MEMBER FDIC
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STATE NEWS
Project targets former Oklahomans
Project Boomerang seeks to alleviate the growing shortage of skilled workers in Oklahoma. The organization's goal is to entice former Oklahomans to return to the state and fill vacant positions. The project's Web site, www.okboomerang.com, allows former Oklahomans to sign up and see what types of jobs are available in the state as well as have employers contact them directly. Courtesy of The Edmond Sun, November 15, 2008.
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State unemployment rate increases
According to the Oklahoma Employment Securities Commission, the state's unemployment rate increased 0.6 percent from September's rate of 3.5 percent. However, Oklahoma is fairing better than most, adding 3,000 jobs even though the national unemployment rate rests at 6.1 percent. Courtesy of The Oklahoman, November 22, 2008.
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METRO NEWS
Oklahoma River featured on cover of Rowing News
The Oklahoma River is featured on the cover of the December issue of Rowing News, highlighting Oklahoma as the future of rowing.
New partner may propel outlet mall plans
With the addition of new partner Cousins Properties Inc., Horizon Group may take plans for an outlet mall at Interstate 40 and Council Road off hold. Outlet Shoppes at Oklahoma City will be more than 341,000-square-feet, creating an expected 1,000 jobs and adding approximately $4 million in retail taxes for the city. Construction could begin in spring 2009 with completion by July 2010. Courtesy of The Journal Record, November 17, 2008.
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RETAIL DETAILS
Edmond Retail Sales Tax Report - Sales Tax information from eight major retail SIC codes.
November 2008 Retail Sales Tax Report
Click here to download this month's Retail Sales Tax Report.
Edmond store donates with every purchase
Adora, a new jewelry and accessory store in Edmond joined "Style for Life", a program partnered with the United Nations World Food Program. Each item in the store equals a certain number of meals donated to the program. Courtesy of The Oklahoman, November 12, 2008.
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Edmond restaurant moves to new location
Lottinvilles moved from its existing location at 900 S. Kelly to the former Cascata restaurant at 801 Signal Ridge Drive. The new building offers 8,000 square feet, nearly double the size of the restaurant's former location, and a chef's table for future use. Courtesy of The Oklahoman, November 15, 2008.
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Newest Edmond Lowe's hires 120 people
Edmond's new 117,000-square-foot Lowe's Home Improvement Store at 2401 N Kelly Ave. hired 120 people. Seventy percent of the Lowe's workforce is new employees, while 30 percent of employees transferred from other Lowe's stores. Courtesy of The Oklahoman, November 19, 2008.
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DOWNTOWN DISPATCH
Downtown businesses change locations
Some stores in downtown Edmond are rearranging. Pamela Hall Grammer will open Edmond Antiques, a multi-dealer shop similar to Eclectix Antiques and Gifts which she managed before it was purchased by Citizens Bank of Edmond. McCall's combined their two spaces to make room for Edmond Antiques at 17 S. Broadway. The Dean-Lively Gallery will move from 16 S. Broadway to 14 S. Broadway after the recent closing of Too Good to be Through. Courtesy of The Edmond Sun, November 22, 2008.
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REAL ESTATE UPDATE
Edmond apartments sell for $35.6 million
Four Legacy apartment complexes around Oklahoma sold for a total of $132.1 million, including $35.6 million for Legacy Woods in Edmond. Legacy at Arts Quarter in downtown Oklahoma City sold for $39 million or $129,033 per unit, a new state record. Courtesy of The Oklahoman, November 8, 2008.
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Citizens Bank of Edmond buys property for $1.3 million
Citizens Bank of Edmond recently purchased two buildings housing Eclectix Antiques and Gifts and Tammy's Laundromat for $1.3 million from Bryant Family LLC. The bank plans to use the properties at 6 N Broadway and 28 E Hurd for office space. Courtesy of The Oklahoman, November 19, 2008.
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New shopping center begins construction
After successfully receiving approval to build a 168,000-square-foot commercial development in April 2007, Sooner Investment broke ground for The Bridges at Spring Creek this October. The 31-acre site at E 15 Street and S Bryant Avenue is currently undergoing initial ground improvements and construction is scheduled to complete in 2010. Courtesy of OKCBusiness, November 24, 2008.
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October Building Permits
Click here to view Commercial Building Permits for October.
November Building Permits
Click here to view Commercial Building Permits for November.
October Commercial Real Estate Transactions
Click here to view Edmond area commercial real estate transactions for October 16-31.
November Commercial Real Estate Transactions
Click here to view Edmond area commercial real estate transactions for November 1-15.
Click here to view Edmond area commercial real estate transactions for November 16-30.
EMPLOYMENT RESOURCES
Featured Job
Electric Apprentice - Assists with the construction and maintenance of electrical distribution systems, installation of transformers and meters, tree trimming, locating and repairing faulty cables, and customers with electrical problems. Work ranges from heavy manual labor to tasks requiring limited skills.
Click here for job description and qualification details.
Job Seekers - Click here to submit your resume or to view available job opportunities in the Edmond area.
Featured Resume
Micah Austin - MPA candidate May 2009, concentrating in Local Government Management and Sustainable Development
Click here to view featured resume.
Employers - To view all resumes on the EEDA's Resume Database fill out this short contact form. If you have already registered to view resumes and have forgotten your username/password, contact the EEDA at 340-0116 or e-mail info@eeda.com.
Click here to post available job openings.
STOCK TICKER
Edmond area investment opportunities
Click here for up to the minute stock information on Edmond area public companies either located within our city limits or in our school district.
E-journal Sponsorship Opportunity
The E-journal now has advertising space available! Each sponsor is provided an advertising space for company logo and Web site hyperlink on EEDA's E-journal which is published bi-monthly and sent to Edmond-area businesses, site locators, developers, citizens and prospects of the EEDA. The links will be offered on a first come first serve basis. Please contact Toni Weinmeister at 340-0116 or e-mail tw@eeda.com for more information.
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Contact Information:
Edmond Economic Development Authority
info@eeda.com
405.340.0116
