KGOU

Business Intelligence Report

Wednesdays

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

Ways to Connect

A group of people take a tour of Bricktown via the canal.
Brent Fuchs / Journal Record

To know how to attract more visitors to Oklahoma City, the city needs to know what we don’t have.

The Greater Oklahoma City Convention and Visitors Bureau is circulating surveys to 800 people to find why people come, and to help identify tourism gaps.

Workers hammer spikes into place on a new rail spur south of Kingfisher.
Brent Fuchs / Journal Record

A Houston-based company is planning to invest up to $40 million in a rail spur and transportation loading center near Kingfisher.

Construction at the Oklahoma Capitol is being paid for by bonds sold by the state.
Brent Fuchs / Journal Record

Oklahoma’s budget shortfall and “cautious optimism” from the oil and gas sector were two of the largest themes in business news during 2017.

Speaking on KGOU’s The Business Intelligence Rerport, Journal Record editor Ted Streuli said the state’s budget woes had implications in healthcare, transportation, employment and the state’s image.

Amos Kofa studies in the library at the University of Oklahoma School of Law in Norman.
Brent Fuchs / Journal Record

As the number of applications for law schools decline nationwide, some universities are considering a shakeup to their admittance process.

Fourteen universities now allow students to submit GRE scores, instead of the  LSAT. Among the schools that have made the switch are Harvard, Columbia, Northwestern and Texas A&M.

Nancy Parsons, CEO and president of CDR Assessment Group Inc., speaks at the 2020 Woman on Boards conference at Oklahoma City University’s Meinders School of Business.
Brent Fuchs / Journal Record

Women comprise at least 20 percent of board members at only four publicly-traded corporations in Oklahoma. Those companies are Devon Energy Corp., OGE Energy Corp., Magellan Midstream Partners and Sonic Corp.

Gulfport Energy Corp. offices at 3001 Quail Springs Pkwy. in Oklahoma City.
Brent Fuchs / Journal Record

One Oklahoma City-based driller’s credit line was recently increased, which could be a sign the business is doing well.

SandRidge Energy headquarters in Oklahoma City.
Brent Fuchs / The Journal Record

In an effort to move forward with the purchase of a Colorado-based energy company, SandRidge Energy issued a so-called “poison pill” Monday to stave off efforts by an activist investor to block the deal.

Capt. Tony Riddles of the Norman Police Department, standing, watches as three volunteers from the audience tackle Sgt. Tim Smith, who acted as an armed gunman for an active shooter training workshop at Norman Regional Hospital on November 17, 2017.
Brent Fuchs / Journal Record

A consultant at a business that provides active shooter preparedness training says there is more demand for their service since July.

Workers construct Shift, an immersive art experience at Current Studio, 1218 N. Pennsylvania Ave. in Oklahoma City.
Brent Fuchs / Journal Record

A new immersive art project could help drive business to a shopping area and create economic opportunities for Oklahoma City artists.

Factory Obscura, a collective of artists, created an installation called SHIFT at Current Studio at 1218 N. Pennsylvania Ave. The art installation encourages visitors to “physically explore the full-sensory environment,” according to  Current Studio’s website.

Workers at the construction site of West Village Apartments at Main Street and Fred Jones Avenue in Oklahoma City.
Brent Fuchs / Journal Record

Commercial real estate sales could slow because buyers and sellers can’t seem to agree on prices.

Nurse practitioner Rachel Mack examines a patient at Family Health Care & Minor Emergency Clinic in Warr Acres.
Brent Fuchs / Journal Record

A change in federal law in 2014 made it more difficult for advanced practice registered nurses to provide pain relief for patients. The law effectively removed nurses’ ability to prescribe schedule 2 drugs, such as hydrocodone.

Oklahoma City Thunder guard Russell Westbrook (0) drives around New York Knicks guard Ron Baker (31) in the fourth quarter of an NBA basketball game in Oklahoma City, Thursday, Oct. 19, 2017. Oklahoma City won 105-84.
Sue Ogrocki / AP

As the Oklahoma City Thunder open a their tenth season, restaurants and vendors at Chesapeake Energy Arena are unveiling new food options.

Molly Fleming writes in the Journal Record that chef Andrew Murin completely revamped the menu at Budweiser Brewhouse. He now offer bruschetta, nachos with rotisserie chicken, salmon and desserts with Bedre chocolate.

A man practices his putting at Lincoln Park Golf Course in Oklahoma City.
Brent Fuchs / Journal Record

Organizations that hold golf tournament fundraisers say they are still an effective way to raise money, even though fewer young people are golfing.

Construction of a Chickasaw Nation casino in Terral.
Courtesy photo / Journal Record

Leaders of some Oklahoma tribes see opportunities in a court ruling this summer that could potentially open up many questions about sovereignty and jurisdiction on tribal lands.

A planned development at the old Logan County hospital in Guthrie would be affected by a proposed end to the state’s Affordable Housing Tax Credit program.
Brent Fuchs / Journal Record

One bill filed during the special legislative session would end Oklahoma’s film rebate program, while another piece of legislation would eliminate the Oklahoma Affordable Housing Tax Credit.

Three women chat in front of business storefronts in downtown Perry. State legislators hosted an interim study on Wednesday to evaluate what’s hindering businesses from locating in rural Oklahoma.
Brent Fuchs / Journal Record

Business recruiters in Oklahoma say they need more tools to help attract companies to the state.

At a House interim study on Wednesday, economic development leaders indicated Oklahoma is losing out to other states because Oklahoma does not have a robust closing fund to help seal deals. A closing fund is state-appropriated money that can be used at the last minute to entice a company to set up shop.

The former campus of Villa Teresa School at 1216 Classen Dr. in Oklahoma City.
Brent Fuchs / Journal Record

An old Catholic school campus in downtown Oklahoma City has a new owner.

Marva Ellard and development partner Billy Woodring purchased the six-building Villa Teresa property this week for $5.5 million. They plan to redevelop it as a mixed-use property which could include a boutique hotel in the nuns’ convent and condominiums and townhouses on the rest of the area.

The oldest building on the Villa Teresa campus dates back to 1917, but it wasn’t until 1933 that the Carmelite Sisters opened the K-4 school. The school closed in 2012.

Businesses are surrounded by floodwaters from Harvey, in Humble, Texas.
David J. Phillip / AP

Oklahoma energy businesses who operate in Houston and the Texas and Louisiana coast have been affected by Hurricane Harvey’s massive flooding.

This week on The Business Intelligence Report, Journal Record senior reporter Sarah Terry-Cobo discusses the storm’s impact on Oklahoma's energy industry.

TRANSCRIPT

Participants of the USA Softball All-American Games tournament perform warm-up exercises on the field at USA Softball Hall of Fame Stadium in Oklahoma City. The stadium is also home to the NCAA Women’s College World Series.
Brent Fuchs / Journal Record

The NCAA turned down Oklahoma City as a host for eleven tournaments that will occur between 2019 and 2022.

Among the events that Oklahoma City tried to attract were the Division I and Division II wrestling championships.

Tim L. Brassfield, the executive director of the Oklahoma City All Sports Association, said the city lost out on the wrestling tournament because the Chesapeake Arena was too small, among other factors.

Molly Fleming writes in the Journal Record:

First National Center in Oklahoma City
Brent Fuchs / The Journal Record

Oklahoma City’s City Council agreed to invest $45 million in the vacant First National Center at Tuesday’s meeting.

Developers Gary Brooks and Charlie Nicholas purchased the building in January for $23 million. They plan to redevelop it as a mixed-use residential and commercial property, according to the Journal Record’s Brian Brus.

Pages