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Trust approves $750,000 TIF 2 allocation to renovate Peerless building for MyDefense headquarters
Summary
The Trust approved up to $750,000 from TIF 2 to renovate the Peerless Oklahoma Company building at 11 Northwest 8th to accommodate MyDefense, a Denmark‑based drone defense firm; presenters said the 25,000‑sq‑ft project has a $9.5 million cost estimate and a target average salary of about $105,000 for new positions.
The Oklahoma City Economic Development Trust approved a joint resolution on Jan. 27 to allocate up to $750,000 from TIF 2 for renovation of the Peerless Oklahoma Company building at 11 Northwest 8th to support a new corporate/R&D presence for MyDefense.
Travis Mason, representing the project developer, said the property is…
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