FOR IMMEDIATE RELEASE
CONTACT: Courtney Hall
Retail Strategies
chall@retailstrategies.com
BIRMINGHAM, AL (July 16, 2024) – PartnerTulsa has chosen Retail Strategies to support development of a comprehensive retail recruitment plan created to expand Tulsa’s retail sector. This initiative marks a significant step towards identifying and meeting the city’s retail needs for the next five years.
Michelle Barnett, interim executive director and senior vice president of economic and workforce development for PartnerTulsa, highlighted the collaborative spirit of this initiative, “We recognize that attracting retail is a lengthy process, and we are excited to have the support of Retail Strategies. Their team’s extensive experience in the retail real estate industry and their deep involvement in Oklahoma will be invaluable in guiding us toward achieving our growth vision.”
The retail recruitment strategy will encompass several key objectives:
Identify Unmet and Anticipated Retail Needs: Forecast Tulsa’s retail demands over the next five years to ensure future needs are addressed.
Set Short and Long-Term Goals: Bolster Tulsa’s retail offerings by introducing new-to-market retail and incremental retail to expand commercial corridors.
Site Identification for Retail Development: Determine available and potential sites for new retail establishments based on current and projected market conditions.
Appropriate Retail Prospects: Identify suitable retail businesses that align with Tulsa’s growth strategy.
Enhance Marketability and Visibility: Recommend key actions to improve Tulsa’s attractiveness to potential retailers.
Sarah Beth Stewart, vice president of business development for Retail Strategies, emphasized Tulsa’s strategic advantage, stating, “Tulsa boasts major shopping corridors that attract shoppers from neighboring states, so their consumer trade area is really large. Our team will focus on elevating Tulsa’s retail offerings to the next level. An initial focus is a redevelopment project where we will create a strategy to introduce new-to-market retail while also bringing in incremental infill to boost Tulsa’s overall tax base.”
About PartnerTulsa
PartnerTulsa is the Tulsa Authority for Economic Opportunity, the City of Tulsa’s economic and community development Authority. By coordinating development sites, incentives, and concierge permitting support in a single entity, PartnerTulsa streamlines and strengthens Tulsa’s economic development efforts. PartnerTulsa is dedicated to developing an economy that works for all. For more information about PartnerTulsa, visit www.PartnerTulsa.org.
For additional information, visit: https://partnertulsa.org/.
About Retail Strategies
Retail Strategies is the national expert in community development and retail economic development. Our mission is to provide the real estate expertise, tools, and human effort that position deserving towns as alluring locations for national businesses and destinations for tourism and quality-of-life amenities. We confidently pursue this mission by delivering unparalleled customer service as a unified team with unmatched real estate and community development expertise. Our activities pay a return in sales taxes, added jobs, and businesses that enhance and add to the unique qualities of your community.
