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    Bixby Economy Strengthens

    Story by Kelsy Lorin Taylor found in GTR Newspapers

    Bixby has become a successful and growing community that continues to show promise for a bright tomorrow. Through economic development and community support, businesses continue to look at the area as prime real estate.

    With establishment, expansion and completion, businesses are making progress this year according to Bixby Economic Development Director Trish Richey.

    One of the exciting developments being established this year is Encore on Memorial (for more information, see page 16). Richey says, “The $20 million project will offer 248 residences in a garden-style apartment gated-setting community. Ground has been broken and construction is estimated to be completed in December 2012. This really will be a great addition for the local economy due to the number of individuals who will relocate and move into these new homes.”

    She continues, “The real advantage that we have in our area is a demographic related to our high Effective Buying Income associated with the per capita income. Our residential population continues to experience steady growth and over the last decade, Bixby moved up the ranks to be the 20th largest city in Oklahoma.”

    This year will also bring the further expansion of the Spirit Bank Event Center. Eighty percent of the offices within the center will be occupied by businesses this July. Richey notes that “This really is exciting since the low economy resulted in closed doors. One of the new businesses there is Duke’s Southern Kitchen, which is doing very well and has become a popular dining destination.”

    “Just in front of Spirit Bank, Regal Plaza is currently 60 percent occupied. This is an increase from a 30 percent occupation last year. One addition is Southern Nazarene University, which recently opened its doors. They are occupying 17,000 square feet with room to grow. Hopefully, even more businesses will be established there before the end of this year,” Richey adds.

    In addition, Bentley Park has been an exciting development that has…

    Read full article here.

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