Oklahoma Health Center Foundation Board Votes to Assume Management of the OKC Innovation District

OKLAHOMA CITY—The Oklahoma Health Center Foundation Board (OHCF) of Directors voted on April 13, 2017 to restructure and assume responsibility for the development and oversight of the new OKC innovation district (OKCid).

The Brookings Institution and Project for Public Spaces began an 18-month study of Oklahoma City’s emerging innovation district, an area encompassing the Oklahoma Health Center and Automobile Alley and findings of the study were released at a meeting held today at the Skirvin Hilton Hotel. This work focuses on the district’s economic strengths and quality of place is part of the Bass Initiative on Innovation and Placemaking, a joint initiative the two organizations launched in late 2015.

“After careful consideration by our Board Governance Committee and looking at the Innovation District from multiple perspectives,” said Stephen Prescott, M.D., OHCF task force committee chair and president/CEO of Oklahoma Medical Research Foundation, “We agreed unanimously to proceed as rapidly as possible to take on management of the new district.”

In addition to OHCF, partners in this study included the Greater Oklahoma City Chamber, Presbyterian Health Foundation, City of Oklahoma City and the Alliance for Economic Development of Oklahoma City. Community partners included Oklahoma Medical Research Foundation and the University of Oklahoma.

“Our Foundation has been in existence since 1965 and we are excited about the synergy attached to the Innovation District and our transformation as an organization,” said Terry Taylor, OHCF president. “We anticipate this organization will be structured to foster the development of the district.”

Strengths that Brookings has found in Oklahoma City include its high concentration of innovation assets; strong alignment between research strengths and cluster employment in many healthcare sectors; highly educated district workforce; proximity to Bricktown and broader downtown Oklahoma City; collegial and collaborative regional culture.

The Innovation District OKC's emerging innovation district encompasses about 1.3 square miles east of downtown - roughly between NE 13-16th Streets to the north and NE 4th to the south and Robinson and Lottie Avenues to the west and east. It crosses Broadway/Interstate 235 and includes Automobile Alley in addition to numerous institutions located within the boundaries.

“While this is a large undertaking, the OHCF Board and staff are confident that the OKC Innovation District and the Oklahoma Health Center Foundation will be a perfect fit,” said David Harlow, OHCF board chairman and BancFirst Oklahoma City president. “This new governing organization will be focused on the Innovation District, and will work with our long-standing industry strengths and assets to build a new economy, all in an effort to become a major center of innovation and economic development.”

For more information about the OKC Innovation District, contact the Oklahoma Health Center Foundation at 405-271-2200 or visit www.oklahomahealthcenter.com.

 

The Oklahoma Health Center is a consortium of 23 private, educational, governmental and nonprofit organizations, located on nearly 300 acres just south of the Capitol complex in Oklahoma City. The Oklahoma Health Center collectively employs more than 17,000 people and contributes $3 billion to the Oklahoma economy on an annual basis. These organizations represent the areas of patient care, research, technology, education and community support with the common goal of improving health and creating high-tech jobs in Oklahoma and the nation. Visit www.oklahomahealthcenter.com for more information.

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