The Alliance for Economic Development of Oklahoma City

What The Alliance for Economic Development of Oklahoma City does

The Alliance for Economic Development of Oklahoma City is a public trust and governmental economic development organization headquartered at 105 N. Hudson Avenue, Suite 101, Oklahoma City. It coordinates land, incentives, and resources to attract companies and developers to the city, serving companies seeking to relocate or expand, developers pursuing public-private redevelopment opportunities, and Oklahoma City residents and neighborhoods that benefit from urban renewal and revitalization. Its go-to-market is sales-led and direct, executed primarily through partnership with the Greater Oklahoma City Chamber (which handles Strategic Investment Program and retail incentive application intake) and the City of Oklahoma City government.

The Alliance does not offer a unified technology product. Its underlying "platform" is a portfolio of statutory authorities and programs: the Oklahoma City Urban Renewal Authority (OCURA), Oklahoma City Redevelopment Authority (OCRA), Oklahoma Industries Authority (OIA), the Oklahoma City Redevelopment Corporation (OCRC) 501(c)(3), and the Port Authority of Greater Oklahoma City / Foreign Trade Zone #106. Through these authorities, The Alliance deploys general obligation limited tax bonds, tax increment financing (TIF) districts, urban renewal powers, the C-PACE commercial clean energy program, the pay-for-performance Job Creation Strategic Investment Program (SIP), the retail incentive policy, Opportunity Zones, and public-private redevelopment RFPs/RFQs. Day-to-day management of OCURA and OCRA is contracted to The Alliance, with Kenton Tsoodle serving as OCURA's Executive Director.

The revenue model is publicly funded professional services coordination rather than product sales: The Alliance provides economic development services at no direct cost to businesses, with costs borne through public funding mechanisms, tax increment financing, bond programs, and New Market Tax Credits. Select deal flow includes Boeing's 30-acre Tinker-adjacent land acquisition, Pratt & Whitney's $255 million / 845,000 SF OKC Sustainment Center, the 605-room Omni Oklahoma City Hotel, the $287 million First National Center renovation, the 577-acre OKC 577 Industrial Park, and the Convergence Innovation District. Quantified outcomes include nearly $1 billion in private/public investment around Scissortail Park, and projected $1.2 billion annual economic impact, $423 million annual payroll, and 6,600 new jobs from the Innovation District first phase.

Name

The Alliance for Economic Development of Oklahoma City

Legal name

The Alliance for Economic Development of Oklahoma City

Website

https://theallianceokc.org

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

The Alliance for Economic Development of Oklahoma City is a public trust that coordinates land, incentives, and resources to attract companies and developers to Oklahoma City. It manages OCURA, OCRA, OIA, and Foreign Trade Zone #106, deploying TIF, bonds, C-PACE, SIP, and retail incentives through public-private partnerships with the City and the Greater OKC Chamber.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of Economic Programs (926), Administration of Economic Programs (9261), Administration of General Economic Programs (926110)

SIC

Services-Engineering, Accounting, Research, Management (8700), Services-Membership Organizations (8600)

akta.pro primary industry

Economic Growth, Trade & Private Sector Development Programs (BPADABAF)

akta.pro secondary industries

Technical Cooperation, Capacity Building & Policy Advisory Programs (BPADABAO), Local Entity Setup & Expansion Advisory (Market Entry, Subsidiary Formation) (BPACAHAM), Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF)

Keywords

• Economic development services
• Public-private partnerships
• Tax increment financing
• Urban redevelopment
• Foreign trade zone

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Economic Development Coordination: The Alliance coordinates public resources, tax increment financing districts, general obligation bonds, and urban renewal programs to facilitate economic development. Revenue is generated through public funding, tax increment financing, and facilitation of development projects rather than direct product sales.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

The Alliance for Economic Development of Oklahoma City coordinates land, incentives, and economic development resources to attract companies and developers to Oklahoma City. It manages a portfolio of public programs and authorities including OCURA, OCRA, OIA, Foreign Trade Zone #106, TIF districts, C-PACE financing, the Strategic Investment Program, retail incentives, and Opportunity Zones. Services include development coordination, tax increment financing, job creation incentives, urban renewal, and public-private partnership facilitation.

Product overview

The Alliance for Economic Development of Oklahoma City does not offer a unified software product but rather coordinates a portfolio of economic development programs and services. These include the Oklahoma City Urban Renewal Authority (OCURA), Oklahoma City Redevelopment Authority (OCRA), Oklahoma Industries Authority (OIA), and Foreign Trade Zone #106, which manage tax increment financing (TIF) districts, public-private redevelopment projects, industrial and commercial growth initiatives, and trade facilitation. Additional programs include the C-PACE energy financing program, Job Creation Strategic Investment Program (SIP), retail incentives, and Opportunity Zone investments. Together, these programs provide land coordination, financial incentives, and resources to attract companies and developers to Oklahoma City.

Differentiator

Problem solved

Functional benefit

Products and services

• Oklahoma City Urban Renewal Authority (OCURA) Oklahoma City's primary public redevelopment agency, empowered by state law under the Oklahoma Urban Redevelopment Law and the Oklahoma Local Development Act. Acts as a catalyst for public and private redevelopment supporting community development, neighborhood strengthening, and economic growth. Day-to-day management is contracted to The Alliance.
• Oklahoma City Redevelopment Authority (OCRA) A public trust created by the City to manage TIF districts, oversee redevelopment projects, and support economic development, promoting growth and revitalization of industrial, commercial, retail, and public spaces. Day-to-day management is contracted to The Alliance.
• Oklahoma Industries Authority (OIA) Promotes and supports the growth of industry and commerce in Oklahoma County by providing facilities, creating employment opportunities, and driving activities that strengthen the economy and workforce of Central Oklahoma. Administers the C-PACE program. Day-to-day management is contracted to The Alliance.
• Foreign Trade Zone #106 (FTZ) Operates under a grant of authority from the U.S. Foreign-Trade Zones Board to promote economic development by helping companies reduce or eliminate duties, tariffs, and customs fees, improving cash flow and enhancing global competitiveness across a 22-county region.
• Tax Increment Financing (TIF) An economic tool used to spur development in blighted or underserved areas by reinvesting a portion of property taxes generated within the district into local infrastructure and projects, encouraging private investment.
• C-PACE Program Commercial Property Assessed Clean Energy program administered by OIA that helps commercial property owners secure low-cost, long-term financing for projects focused on energy efficiency, renewable energy, water conservation, and resiliency.
• Job Creation Strategic Investment Program (SIP) A pay-for-performance job-creation incentive program that helps recruit employers and bring high-quality, high-paying jobs to Oklahoma City. Companies must hire a minimum of 50 full-time employees with annual payroll of $1.75 million.
• Retail Incentive Policy Incentives available for destination retailers with $20M+ in annual sales, large regional projects, underserved areas, and redevelopment areas, available through the Greater Oklahoma City Chamber.
• Opportunity Zones Federal tax benefit program created by the 2017 Tax Cuts and Jobs Act that helps investors realize significant federal tax benefits through investing capital gains in Qualified Opportunity Funds, with investments held for 10+ years potentially eliminating taxes on new capital gains.
• Oklahoma City Industrial and Cultural Facilities Trust Oversees the operation and promotion of industrial and cultural facilities in Oklahoma City, including the National Cowboy & Western Heritage Museum. Five trustees are appointed by the Mayor.
• Oklahoma City Redevelopment Corporation (OCRC) A 501(c)(3) nonprofit redevelopment corporation created to aid and provide financial assistance to the Oklahoma City Urban Renewal Authority in connection with its proposed and approved redevelopment activities.

Quantifiable outcome

• Projected $1.2 billion annual economic impact from Innovation District first phase
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Greater Oklahoma City Chamber of CommercecoreStrategic or Co-development PartnerPrimary partner for economic development initiatives, government relations, workforce initiatives, and tourism. Chamber handles Strategic Investment Program (SIP) applications and retail incentive policy referrals.
• City of Oklahoma CitycoreStrategic or Co-development PartnerGovernment partner providing authority for bond programs, TIF districts, urban renewal, and redevelopment programs. City Council approval required for board appointments and major decisions.
• Oklahoma City Urban Renewal Authority (OCURA)coreStrategic or Co-development PartnerPrimary public redevelopment agency. Day-to-day management contracted to The Alliance. Empowered by Oklahoma Urban Redevelopment Law with authority under TIF and urban renewal programs.
• Oklahoma City Redevelopment Authority (OCRA)coreStrategic or Co-development PartnerPublic trust managing TIF districts and overseeing redevelopment projects. Day-to-day management contracted to The Alliance. Seven-member board appointed by Mayor.
• Oklahoma Industries Authority (OIA)coreStrategic or Co-development PartnerPromotes industry and commerce growth in Oklahoma County by providing facilities and creating employment. Administers C-PACE program. The Alliance provides day-to-day management.
• Port Authority of Greater Oklahoma CitycoreStrategic or Co-development PartnerOperates Foreign Trade Zone (FTZ) #106 under U.S. Foreign-Trade Zones Board authority. Serves 22-county region to help companies reduce duties, tariffs, and customs fees.
• Oklahoma City Redevelopment Corporation (OCRC)minorStrategic or Co-development Partner501(c)(3) nonprofit redevelopment corporation created to aid and provide financial assistance to OCURA in connection with proposed and approved redevelopment activities.
• Downtown Oklahoma City PartnershipminorStrategic or Co-development PartnerNot-for-profit organization managing and marketing the Business Improvement District. Advocates for and facilitates downtown revitalization.
• Colony PartnersminorStrategic or Co-development PartnerDevelopment partner for $10 million Page Woodson Development with OCURA, creating 500 residential units including 128 affordable housing units.
• MAPS (Metropolitan Area Projects)coreStrategic or Co-development PartnerCity sales tax-funded capital improvement program. The Alliance collaborates on MAPS-funded projects including Convention Center, Scissortail Park, and Innovation District.
• Oklahoma City Industrial and Cultural Facilities TrustminorStrategic or Co-development PartnerTrust overseeing operation and promotion of industrial and cultural facilities including National Cowboy & Western Heritage Museum. Five trustees appointed by Mayor.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/theAllianceOKC
• LinkedInlinkedin.com/company/theallianceokc

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Alliance for Economic Development of Oklahoma City