Business Intelligence Report

Fridays at 6:44 a.m., 8:44 a.m., 12:35 p.m., and 5:44 p.m.

A weekly feature produced in partnership with the Journal Record, Oklahoma's weekday newspaper and website specializing in business, legislative and legal news. Managing Editor Adam Brooks and Journal Record reporters discuss business and economic development in the state.

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Guards make their rounds on the eighth floor of the Oklahoma County Jail in Oklahoma City.
Brent Fuchs / The Journal Record

For the past few months a committee has been looking at how to pay for a new Oklahoma County Jail, and made its recommendation on Tuesday.

The facility is only about 25 years old, but it’s had construction problems, mold, sewage in the cells – to the point where the U.S. Department of Justice stepped in and said the inmates faced violations of their constitutional rights.

A motorist drives by a police barricade placed along Sheridan Avenue in downtown Oklahoma City in advance of a visit from President Barack Obama Wednesday.
Brent Fuchs / The Journal Record

President Obama’s visit to Oklahoma dominated the news cycle this week, and basically shut down small portions of downtown Oklahoma City, Durant, Interstate 40 – pretty much anywhere inside a one-block radius of the president.

The White House provided only a six day heads up Obama was headed to Oklahoma, and that caused some rapid rearrangement of events in the area, according to The Journal Record’s Dale Denwalt:

A view of Broadway Avenue from the Cox Convention Center in downtown Oklahoma City.
Brent Fuchs / The Journal Record

Four months ago, Oklahoma City hit a snag on the long-awaited MAPS 3 convention center in downtown. In March, the city dropped a land bid for the location they wanted just south of the Myriad Gardens.

Oklahoma City budgeted $13 million for land acquisition, and the current owners wanted $100 million, so they had to figure something else out.

The city hired the consulting firm Populous to do that, and on Tuesday the group unveiled its site evaluations and made its pitch to the city council.

Cheryl Hooper sells TNT Fireworks from her stand near Route 66 and Westminster Road in Arcadia.
Brent Fuchs / The Journal Record

Fireworks stands popped up across more rural parts of the metro weeks ago ahead of the Independence Day holiday, and Oklahoma's climate, some calendar luck, and easing of fireworks laws in other states should a $695 million dollar nationwide industry continue to boom (and yes, of course, that bad pun was intended). Sales have steadily grown since 1998, according to the American Pyrotechnics Association.

Guests at Remington Park horce racing track in Oklahoma City could soon have a 180-room, $22 million destination hotel to stay in.
Kiddo27 / Wikimedia Commons

Two empty lots that bookend the core of Oklahoma City could soon see massive quality-of-life projects take shape.

Developer Neal McGee, who bought the dozen-plus acres along Interstate 35 at NE 50th Street, plans to sign a deal with Holiday Inn to build a 180-room, $22 million hotel. The destination hotel would serve the area the Oklahoma Department of Tourism and Recreation refers to as the "Adventure District," with the Oklahoma City Zoo and Botanical Garden, the ASA Hall-of-Fame softball stadium, and the Remington Park horse track all nearby.

The unfinished American Indian Cultural Center and Museum in Oklahoma City.
Brent Fuchs / The Journal Record

It's been almost a month since the end of the legislative session, and Oklahoma City leaders are now starting to address one of 2015's more closely-followed bills - the fate of the American Indian Cultural Center and Museum in Oklahoma City.

OG&E's coal-fired power plant in Muskogee.
Logan Layden / StateImpact Oklahoma

On Monday an administrative law judge recommended Oklahoma’s oil, gas, and utility regulator reject several key components of Oklahoma Gas & Electric’s billion-dollar plan to raise rates in order to pay for efforts to comply with Environmental Protection Agency rules.

The Journal Record’s managing editor Adam Brooks says the Oklahoma Corporation Commission has been holding hearings on preapproval of OG&E’s $1.1 billion request. It’s split up into $700 million to get several plants into compliance with the EPA guidelines, plus another $400 million in upgrades to the plant in Mustang west of Oklahoma City. To pay for that, the utility would raise residential and consumer rates by about 19 percent over five years.

The Journal Record Building at 621 N. Robinson Ave. in Oklahoma City.
Brent Fuchs / The Journal Record

On Tuesday the City Council of Oklahoma City approved a revised agreement for the redevelopment of one of downtown’s most historically significant buildings.

Barges are docked at the Tulsa Port of Catoosa.
Kirby Lee Davis / The Journal Record

It seems like there’s no corner of the state that stayed dry over the past month as heavy rainfall dumped nearly two dozen inches of water in some cities and towns.

The widespread devastation is affecting interstate commerce and transportation across Oklahoma. Storms damaged several locks along the McClellan-Kerr Arkansas River Navigation System between Oklahoma and its eastern neighbor.

American Indian Cultural Center And Museum

State lawmakers had a lot of tourism and recreation projects on their plates this week - specifically one museum in Oklahoma City, and another in Tulsa.

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