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Business EnvironmentNever pictured yourself or your company relocating to Oklahoma? The business climate in Bixby, Oklahoma may surprise you. Prime location, vital logistics, less taxation and better incentives all make Bixby the natural choice for business. The city is characterized by an open attitude toward quality development. Fueled by a population growth rate of 57% since 2000, Bixby is fast becoming the focus for new development in the south Tulsa metro area. Immediately adjacent to south Tulsa, Bixby is an affluent area with exceptional new housing developments, new businesses and new amenities coming online all the time. The municipal government of Bixby is dedicated to providing quality shopping, dining, services and recreation choices for all of the south Tulsa area. Now open in Bixby, the 5,000 seat SpiritBank Event Center and accompanying 300,000 sq. ft. Regal Plaza retail development anchored by two hotels added restaurants, retail and entertainment options to the community. With many events ranging from concerts to trade shows, the SpiritBank Event Center brings traffic and visitors to Bixby along with Regal Plaza’s offerings such as Southern Nazarene University, Genghis Grill, Which Wich, Rooster’s Bar, Savastano’s Pizza, Duke’s, Chick-Fil-A, Tea and Magnolias, Bella Vita Spa and more. Limited space is still available in Regal Plaza. Other major developments are under consideration as the retail community begins to discover the market potential in Bixby. Encore Memorial is in a leasing phase for their recently completed a 248-unit A-Class multi-family unit development. Reasor’s will open a 75,000 square state-of-the-art grocery store in the Fall 2012. Oklahoma offers numerous incentives and programs to encourage development, and has been consistently ranked as a business-friendly state by leading research firms. In a recent report published by Pollina Corporate Real Estate, Oklahoma was among America's Top 15 Pro-Business States overall and third in the nation for its economic development services. The study identified 25 factors -- all controlled by state government -- including taxation, human resources, infrastructure, and economic incentive programs that can positively impact business and job development. A Natural LocationBixby is centrally located less than 4 hours from the geographic center of the 48 states and less than 3 hours from the population center of the United States. A business located here can reach half of the US with same-day or overnight motor transport service, and the entire nation with next-day service. Most population growth in the US is occurring in the South and West, meaning locating in Oklahoma makes sense for the long-term. Vital Logistics
Note: The Tulsa metro area earned a "5-Star" rating in Expansion Managements 2007 Logistics Quotient™ report. TaxationOklahoma ranks 37th in the nation in its per capita state and local tax burden. Put another way, the average Oklahoman pays $910 less in total state and local taxes in a year than the national average. Oklahoma's per capita property taxes are 3rd lowest in the nation. Oklahoma has very attractive Corporate Tax structure, ranked 7th most “business friendly” in the 2012 State Business Climate Index report from the Tax Foundation. Oklahoma also ranked 2nd best in the nation for Unemployment Insurance Tax rates. More on Oklahoma taxes is available from the Oklahoma Department of Commerce Better IncentivesBixby believes in judicious application of incentives to encourage growth the city. We don't take a cookie-cutter approach to incentive packages or to development in general. However, we do have a comprehensive array of economic development tools ready to be applied to the right project. Choose one, some, or all of the topics below and click "show info" to see more specific information pertaining to the business climate in Bixby. Your chosen topics will open in a new window and will display the selected data in a format convenient for e-mailing, printing, or viewing. When you're finished reviewing the data, simply close the window and you'll be returned to this page. |
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