Some Oklahoma City leaders are looking to expand the city’s famed Adventure District before the 2028 Summer Games events take place there, and they’re looking for ways to fund the changes. Get the latest news stories that matter by clicking here. Devon Park is just one attraction in the district, which is also home to the Oklahoma City Zoo and Remington Park. Some are looking to add more and are considering tax changes to make that happen. “I love the Adventure District, but it’s not a lot of adventure. Once you get in, you’re out,” said City Councilwoman Nikki Nice. >> Download the KOCO 5 App Nice said that while the area has things to do and brings in sales taxes, more needs to happen for the area to continue to thrive. One way to do that is by using tax increment financing, or TIF, to fund infrastructure improvements. A TIF would allow the city to use the district’s property tax to directly pay for development in the area rather than putting that money into the city’s general fund. “Some of the positives are the outcomes, when you see the economic development, when you see that growth, when you see the ways that infrastructure helps in neighborhoods,” Nice said. Some of that development is already happening and is a hot topic because of Oklahoma City’s chance to host events for the 2028 Summer Olympics. “Who doesn’t want a piece of that pie,” Nice said. She said there are also concerns about TIF districts. “I would say that historically and consistently, TIF districts have not been the most viable ways to use a jurisdiction or a tax opportunity in underserved communities or communities of color, quite frankly,” Nice said. Nice has scheduled a community meeting to discuss the pros and cons of a TIF and to allow residents to voice their opinions. “They’ve been very active as residents and as a neighborhood association and we want to make sure they’re always at the forefront of those conversations when it impacts their property taxes,” Nice said. The meeting will be held Aug. 6 at Millwood High School from 6 to 7:30 p.m. Top HeadlinesChaos erupts at OKC City Council meeting over Gaza resolutionFather seeks justice for son killed in OKC double homicideSynthetic marijuana resurgence puts Oklahoma on edgeDriver in deadly Norman crash charged with manslaughterArmed suspects target Logan County grow operation
Some Oklahoma City leaders are looking to expand the city's popular Adventure District before the 2028 Summer Games events are held there, and are seeking ways to finance the changes.
Get the latest news that interests you by clicking here.
Devon Park is just one of the attractions in the neighborhood, which is also home to the Oklahoma City Zoo and Remington Park.
Some people want to add more and are considering tax changes to achieve this.
“I love the Adventure District, but there’s not a lot of adventure. Once you’re in, you’re out,” said City Council Member Nikki Nice.
Nice said while the region has a lot to offer and generates sales taxes, more needs to be done to ensure the area continues to thrive. One way to do that is to use tax increment financing, or TIF, to fund infrastructure improvements.
A TIF would allow the city to use the district's property tax to directly pay for development in the area rather than putting that money into the city's general fund.
“Some of the positives are the results, when you see the economic development, when you see that growth, when you see the infrastructure that helps in the neighborhoods,” Nice said.
Some of this development is already underway and is a hot topic due to the possibility of Oklahoma City hosting events for the 2028 Summer Olympics.
“Who doesn’t want a piece of that pie,” Nice said.
She said there are also concerns about TIF districts.
“I would say that historically and consistently, TIF districts have not been the most viable ways to utilize a jurisdiction or a tax opportunity in underserved communities or communities of color, quite frankly,” Nice said.
Nice has scheduled a community meeting to discuss the pros and cons of a TIF and to allow residents to express their opinions.
“They've been very active as residents and as a neighborhood association and we want to make sure they're always at the forefront of those conversations when it impacts their property taxes,” Nice said.
The meeting will be held on August 6 at Millwood High School from 6 p.m. to 7:30 p.m.
The main titles
