Tulsa Retail Study

Retail Market Study Report | Our Team

The City of Tulsa relies on sales tax income within the city limits to fund operations, maintenance and capital improvements. It is the lifeblood of our revenue stream and is supported by economic development initiatives that create jobs. As part of the Vision Tulsa initiative, the City hired a consultant, Place Dynamics, LLC of Milwaukee, Wisconsin to prepare a comprehensive market analysis and strategy to:  

• Provide a retail market study
• Assess specific retail districts (districts to be determined)
• Review the emergence of the small box retail stores
• Investigate the cash economy, where financial transactions are carried out in cash, rather than debit withdrawals or credit.
• Forecast for growth and demand
• Develop a market-based economic development strategy

Working with our retail stakeholders (representatives from banking, real estate management, local business, developer, chamber, economic development) we will examine the big picture of our retail environment, by identifying the trends that shape both retail and dining industries, and how they play out in Tulsa. Select districts will undergo a more in-depth analysis to assess their potential and the degree to which they meet the needs of the trade areas they serve. The end result will be a market-based economic development strategy with recommendations to help guide future business programming and incentives.