Hot Headline
Council Supports Annexation
The Edmond School Board received support from the Edmond City Council to annex a portion of the Oklahoma City School District. Financial issues relating to annexation are now being tackled. Edmond is requesting payment of $500,000 to help offset the costs of annexation for the first year. The 32 square miles of the Arcadia area is operating at a loss for the district. Before the annexation can pass, the districts interested in the area (Oklahoma City, Edmond and Luther) must pass a concurrent resolution calling for an election, then voters affected by the change must approve the annexation. If the resolution is approved and voters agree, the changes could take effect as early as July 1.*Courtesy of The Daily Oklahoman, January 24, 2001.
Click here to access The Daily Oklahoman Archives at www.oklahoman.com.
Retail Details
Super Target confirmed at University Marketplace
Target has confirmed they will build in Edmond. Now the question is when? The company does expect the project will be underway by spring, but an opening date has not been set.*Courtesy of The Edmond Sun, January 17, 2001.
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Study: Edmond . . .A Retail Destination
Within the next few years, Edmond could be a retail destination. This conclusion comes after a study conducted by the Edmond Economic Development Authority on retail sales within the last decade. The study was presented at the 2001 Economic Preview sponsored by the EEDA and American Bank & Trust.*Courtesy of the Journal Record, January 22, 2001.
Call The Journal Record at 405.278.2800 to request a free 30-day password to view articles from the E-journal.
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Click here to access the findings from the EEDA Retail Market Gap Study.
University Plaza to receive new addition
Rezoning is approved for University Plaza. Lowe’s Home Improvement Center is a possible new tenant. Sooner Investments is developing University Plaza on the south side of East Second Street, west of Bryant Avenue and east of Waterwood Parkway. In a meeting earlier this week the Edmond City Council gave its approval for two areas to be rezoned for this development. The “D-2” Neighborhood Commercial District rezoned to “E-1” General Commercial District, as well as “A” Single Family Residential District to “E-1” General Commercial District. With the rezoning approval, the site plan for Lowe’s was submitted and is now under review. Upcoming tenants in the University Plaza include IHOP, TargetSuper Center, and McDonald’s.* Courtesy of The Daily Oklahoman, January 25, 2001.
Click here to access archives from The Daily Oklahoman at www.oklahoman.com.
IT Bytes
Edmond company invents solutions for European industrial market
When companies from across the globe encounter industrial problems with no reasonable solution in sight, they turn their focus to the heartland. Edmond-based Hadley design invents one-of-a-kind solutions for difficult, never before encountered industrial problems.*Courtesy of Edmond Life & Leisure, January 18, 2001.
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Secondary education company qualifies for million dollar Hall of Fame
Advanced Academics, Inc. delivers high quality secondary education via the Internet. AAI, a client of the Oklahoma Technology Commercialization Center, has recently received word that they qualified for the Tech Center Million Dollar Hall of Fame.*Courtesy of TechConnections, Vol. 2 No. 3, January 2001.
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Edmond company announces virtual photo storage
Brad Neely, president of Edmond–based Saveyourpics.com, has created a virtual photo album. The company developed the idea to help keep treasured documents, such as photos, baby handprints, ultrasounds and more from destruction from natural disasters. The next step is to move into virtual video storage.*Courtesy of The Journal Record, January 22, 2000.
Call The Journal Record at 405.278.2800 to request a free 30-day password to view articles from the E-journal
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Large OKC manufacturer to sell
Lucent Technologies plans to sell its Oklahoma City plant. The buyer provides the same products as Lucent and plans to manufacture those products in the Oklahoma City plant, but 400 to 450 Oklahomans will immediately be affected by layoffs. Most of the immediate layoffs are of those that have been employed a year or less. The other 10,000 or more corporate employees will be let go through attrition. No date has been set for the sell of the Oklahoma City Lucent plant but six months is the goal.*Courtesy of the Journal Record, January 25, 2001.
Call The Journal Record at 405.278.2800 to request a free 30-day password to view articles from the E-journal.
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The hottest tech companies in the OKC metro (and Edmond has 3 of them!)
Durocher's Oklahoma City Business presented a Year In Review for 2000. The review profiled some of the hottest tech companies in Oklahoma for the year 2000.*Courtesy of Durocher’s OklahomaCityBusiness, Vol.4. Num.1, January 19, 2001.
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Real Estate Update
January real estate transactions in Edmond
Click here for transactions dated January 1-15, 2001.
Click here for transactions dated January 16-31, 2001.
*Courtesy of Edmond Life & Leisure.
The Business Patch
Oklahoma economy to downshift from 2000
Professor emeritus Larkin Warner from Oklahoma State University said the economy is slowing during his presentation at the 2001 Economic Preview on Jan. 19. Warner explained that the increase in winter energy prices and the falling of stock prices are some main reasons consumers are holding back from spending on other goods and services.*Courtesy of The Edmond Sun, January 21, 2001.
Click here for full story.Click here for a related article from The Journal Record.
Call The Journal Record at 405.278.2800 to request a free 30-day password to view article in the E-journal.
Economic & real estate forecasts for 2001
The annual Economic Preview forecasts economic and real estate indicators for the upcoming year. The 2001 Economic Preview was held on January 19, 2001 at the University of Central Oklahoma and was sponsored by The Edmond Economic Development Authority and American Bank & Trust.
Click here for information presented at the 2001 Economic Preview, including forecasts of the Downtown Edmond Marketplace, Technology Job Growth, and various real estate markets such as office, retail and residential.
Contact Donna Young at (405) 340-0116 or dy@eeda.com to order the complete 2001 Economic Preview Book that contains all of the presentations from the event, plus findings and commentary from the recently completed market gap analysis, conducted by the EEDA.
December Business Barometer
Click here to view monthly commercial and residential permits, tax collection figures and home sales statistics in Edmond.
*Courtesy of Edmond Life & Leisure, published by The Edmond Economic Development Authority.
Click here for an in-depth analysis of the December Business Barometer.
*Courtesy of Edmond Life & Leisure
Edmond company finds success managing information
In this computer day and age a paperless society is not so far off. Even in a paperless society information would still be endless. An Edmond-based company is doing what they can to get the ball rolling. Mid-con Data Services, Inc., is busy storing, managing and protecting information whether it be paper or not.*Courtesy of Edmond Life & Leisure, January 25, 2001.
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Eateries gives a health portion of the good stuff
Garfields’ has become the bread of butter of the Edmond-based Eateries, Inc, and it seems it’s going to stay that way. In addition to the American fare Garfields’ dishes, Eateries had expanded to include Mexican, Italian, and Continental Cuisine. But the goal at Eateries has changed. Last week a decision was made to drop the Italian portion on the menu by no longer keeping Tommy’s or Bellini’s in their portfolio.*Courtesy of Durocher’s OklahomaCityBusiness, Vol. 4. Num.1, January 19, 2001.
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Stock Ticker
Edmond area investment opportunities
Click here for up to the minute stock information on Edmond public companies.
The E-journal has limited advertising space available. The links will be offered on a first come first serve basis. Please contact Ray Hibbard at Edmond Media Publishing, 340-3311 or e-mail ray@edmondpaper.com for more information.Please forward the E-journal to friends and co-workers. New readers, click here to subscribe.
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Editor Contact Information:
Allison Pumphrey
Director of Public Relations & Marketing
Edmond Economic Development Authority
405.340.0116
ap@eeda.com
