Norman, Oklahoma plans $1B entertainment district near University of Oklahoma, financed 80% privately, creating 5,000 jobs and 3,000 housing units.
Norman, Oklahoma plans to construct a $1 billion entertainment district near the University of Oklahoma, creating 5,000 jobs and 3,000 housing units. The project will be financed through 80% private funds and a 20% tax increment financing district. A university basketball arena, shops, restaurants, hotels, and condos are planned for the district. If approved, construction may begin as early as 2025.
June 05, 2024
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