Commercial & Retail Development

The Retail Incentive Program helps redevelop key retail corridors and develop new retail locations for companies looking to expand in Tulsa. Incentives are customized based on project size and impact and may include tax abatements, retail sales tax reimbursements or construction materials sales tax reimbursement.

The Retail Revitalization Revolving Loan Fund is a flexible loan fund used to support the development of small and medium-sized commercial businesses in key commercial corridors throughout the City of Tulsa. Tulsa Economic Development Corporation (TEDC) provides 0% interest loans of up to $200,000 for facade improvements, furnishings and equipment and other capital needs to enhance local retail assets.

The Development Fee Reimbursement Program is intended to offset the costs of opening a brick-and-mortar business along the City of Tulsa’s Bus Rapid Transit (BRT) routes. This program can reimburse up to $2,500 in eligible fees.

The Economic Development Infrastructure Fund is used to assist in the development of public infrastructure for job creation, expansion, and retention projects. The current policy document that describes the program, criteria for qualification, and evaluation process can be found here.