City to Promote Retail Development

The City of Tulsa is stepping up its marketing of retail development.

Commercial developers and real estate management agencies are invited to a work session, hosted by Mayor Kathy Taylor on Monday, May 14, with the City’s retail consultant Steve Lamb, president of Steve Lamb and Company.

Lamb will present information on the City’s retail development efforts beginning at 5:30 p.m. on the 15th floor of the Mid Continent Building, 401 South Boston Avenue.

“This is a major step forward in attracting retail to Tulsa. With the help and direction of the Economic Development Commission (EDC), the City is taking an aggressive, pro-active approach to attract more retail business to the City. Steve Lamb is implementing recommendations from a City sponsored study by the Buxton group that identified national retailers that will appeal to Tulsans and be a great fit in our marketplace,” Taylor said. “Steve will meet with developers to discuss the opportunities, and later in May he will represent Tulsa at the International Council of Shopping Centers (ICSC), the premier conference on retail.”

Lamb’s work with the City is financially supported by the EDC. He was first hired by the City of Tulsa in March 2006 to focus on bringing retail tenants to Tulsa.

“Cities going after business usually neglect retail,” said Lamb. “Tulsa’s economic development goals are focused on retail and with this added emphasis, we have the synergy we need to grow our city’s base.”

Lamb is president of Steve Lamb and Company, a business development company that serves as an incubator for new businesses. The Tulsa City Council hired him after completing a retail study that identified several national retailers Tulsa could use including clothing stores, home furnishers, restaurants and technology establishments.

Lamb said his involvement with the city is the start of a two-to-three-year process of attracting new retailers.

The event is designed to educate the commercial real estate community about the resources Lamb can provide in bringing potential tenants to their properties. The program will focus on Lamb’s knowledge of the retail industry and how he can assist with demographic research, communications and fostering relationships with developers and brokers. There will also be an opportunity for guests to provide input and ask questions during the presentation.

For reservations to the event, call 599-0029. The reception will begin at 5:30 p.m. with remarks from the mayor and the program beginning at 6 p.m. Mid Continent Tower and Coldwell Banker Commercial Argue Properties serve as sponsors for the event. Complimentary parking will be available across the street.

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