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Trust signs $750,000 contract for downtown strategic development plan; trust to contribute $250,000
Summary
The trust approved a $750,000 professional services agreement with Sasaki Incorporated and partners for a downtown strategic development plan. The City will provide $500,000 and the Trust $250,000; the study will run about 10 months and cover core downtown development issues.
The Oklahoma City Economic Development Trust on Sept. 23 approved a professional services agreement valued at $750,000 with Sasaki Incorporated and partners to produce a downtown strategic development plan. Under the arrangement described to trustees, the City will provide $500,000 and the Trust will contribute $250,000 from its general economic development funds.
Staff said the contract team includes Sasaki as lead, with Kimley-Horn, local architecture/engineering firm ENTRE, and…
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