Investments

Predominant Avenue Authority acknowledged for 2021 investments

Drew Butler dbutler@cherryroad.com

On Wednesday, April 6 the Oklahoma Predominant Avenue Heart acknowledged the Ardmore Predominant Avenue Authority for the numerous funding made into downtown Ardmore throughout 2021. In whole, the Depot District acquired $55 million in new investments and got here in third place within the state, with solely Enid and Tulsa beating out Ardmore with $65 million and $270 million respectively.

Sherri Snyder, president of the AMSA board of administrators, defined the occasion.

“Wednesday was Predominant Avenue Day on the Capitol, so it was an important day to advertise Ardmore Predominant Avenue and the significance of Predominant Streets throughout the state,” Snyder stated. “We have been acknowledged as one of many important road applications that had probably the most quantity of reinvestment funding in our district throughout 2021.”

Snyder stated the $55 million invested in Ardmore got here from non-public companies, native organizations, and public funds from the town authorities. This included facade grants from the town, work executed on Depot Park, new companies equivalent to Sundown Grill and Dulce Organically Candy, and renovations such because the work at Cooks paint.

She stated investments in 2022 are already trying good with a number of downtown buildings being purchased and bought with renovations underway.

One other funding that can rely in the direction of the 2022 totals would be the closing touches on Depot Park which might be holding its grand opening ceremony in Could. The grand opening will embrace a wide range of occasions equivalent to dwell music, video games and actions, distributors and meals vehicles.

Snyder stated Predominant Avenue can be at the moment engaged on a plan to draw extra patrons to native companies when occasions are going down at Depot Park.

“Proper now we’re engaged on a advertising plan to verify we appeal to among the folks again up right here to our companies when issues are taking place down at Depot Park,” Snyder stated. “We need to ensure that there’s a straightforward solution to transfer folks forwards and backwards.”

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