Site Selection Magazine released its list of the top metropolitan areas for new and expanded corporate investment, and Tulsa was ranked the number five metro with a population of 200,000 to 1 million. The magazine looked at the number of economic development projects each city had in 2018, and Tulsa recorded 25 projects. Omaha-Council Bluffs ranked number one with 46 projects, followed by Des Moines-West Des Moines with 34 projects.
“This rate of job creation is made possible only by the collaboration of partners throughout northeast Oklahoma,” said Mike Neal, president and CEO of the Tulsa Regional Chamber. “Tulsa’s Future, the Chamber-led regional economic development partnership supported by public and private investors, facilitates this collaboration across city limits and county lines. Working together, we’re able to achieve greater collective results than individual ones.”
Site Selection’s Conway Projects Database focuses on new corporate facility projects with significant impact, including headquarters, manufacturing plants, R&D operations and logistics sites, among others. It does not track retail and government projects, or schools and hospitals. New facilities and expansions included in the analyses must meet at least one of three criteria: (a) involve a capital investment of at least US $1 million, (b) create at least 20 new jobs or (c) add at least 20,000 sq. ft. (1,858 sq. m.) of new floor area.
To see the complete rankings, click here.