SW 29 BID Group
The SW 29th corridor, between Shields and May, is currently being considered for designation by the City as a Business Improvement District (BID). BIDSs are areas in Oklahoma City that have been identified as highly viable for commercial and aesthetic revitalization. Once an area is designated as a BID, a special property assessment is allowed to finance services and improvements.
The business and property owners along the SW 29th Street have come together to be recognized as a perfect candidate for a BID designation. The SW 29th Street Corridor is rich in culture and has a deep Hispanic heritage, but it is also one of Oklahoma City’s busiest commercial streets. With over 400 businesses, many of them family-owned, the benefits for SW 29th merchants and residents in the surrounding neighborhoods will be a much-needed commercial boost.
Since the initiative was launched in 2013, an official Board has been formed with key business owners.
BOARD AND OFFICIAL GROUP MEMBERS
President Chip Oppenheimer – Owner, Economy Square Shopping Center
Vice-President Louis Almaraz – Vice President/Retail Group, Newmark Grubb, Levy Strange Beffort
Treasurer Marissa Mindieta – Banking Officer/Office Manager, First Fidelity Bank
Secretary Greg Hallman – Owner, Crudoolandia
Board Member Ramiro Vazquez – Owner, La Oaxaqueña Bakery and Restaurant
Board Member Leticia Espinoza – Owner, Salon Monte Carlo
Board Member Jerry Birchfield – Manager, Walgreen’s Store No. 04011
Friend of La 29 Milo Borges – Executive Director, Hispanic Arts Council of Oklahoma
Advisor David Castillo – Executive Director, Greater Oklahoma City Hispanic Chamber of Commerce
Advisor Kim Cooper-Hart – City of Oklahoma City, Planning
Coordinator Emma Dean Kratochwill – Business Development Coordinator, Greater Oklahoma City Hispanic Chamber of Commerce
Chip Oppenheim owns one of the largest parcels of property in the corridor and as such, would be one of the largest funding contributors once the BID is official. For a BID to be approved, over 50% Of property owners must sign the petition that is then submitted for approval by The City of Oklahoma City. “As President of the SW 29 BID, I am very excited to work with our board and property owners in creating a process that will effectively organize, promote, and revitalize this area of our City. The corridor from May Avenue to Shields is tremendously important both economically and culturally, this BID will bring that to light very soon and in the years to come… much like other successful BID projects in Oklahoma City.” says Oppenheim.
The Board and its Committees may also raise additional funds through donations, community events and other initiatives to strengthen improvement efforts. Children’s Day Festival is one of the Group’s strongest fundraisers and quickly becoming one of Oklahoma City’s largest Hispanic family events. It is held in April and has reached over 15,000 attendees. Board member Ramiro Vasquez, said “This is a family community, many of them young Hispanic families. From the beginning, we were committed to focus on the children. This year we once again succeeded in having a fun, safe and family-focused celebration, and turnout was much more than we expected.”
The critical next step for the Board is to complete the signature round-up process. Board members and volunteers are currently informing as many SW 29business and property owners about the BID process and securing their involvement.
Information, Updates and Media Inquiries on SW 29 BID Group Activities
Emma Dean Kratochwill, Coordinator (405) 595-2334 | email@example.com
Chip Oppenheim, Board President (405) 235-3675 | firstname.lastname@example.org
More about Oklahoma City’s Commercial Revitalization Program: http://www.okc.gov/planning/cdrp/index.html