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The Tulsa, Oklahoma, region is in the process of deploying more than $100 million in American Rescue Plan Act dollars. Much of this funding is being used on hard assets: aviation, ports, and wastewater systems. These investments will unlock more than 7,000 acres for development; nearly 60 percent of that land is targeted for industrial uses. ARPA is being used to accelerate the capacity for growth by decades.
Major federal bills recently signed into law are spurring robust and rapid movement in the private sector. The survey indicates that many companies are acutely aware of the opportunities these types of strategic investments create. While some businesses will benefit from the immediate expenditure of these dollars, countless more will benefit from the ability to expand through utilization of new infrastructure and real estate assets that will become available as a result of these projects. utilization of new infrastructure and real estate assets that will become available as a result of these projects.
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Jacob Everett , Founder, Corsa Strategies
Jacob Everett is the founder of Corsa Strategies, which provides site selection and incentive advisory services across North America as well as leadership in renewable energy policy. Jacob is a Certified Economic Developer (CEcD) accredited by the International Economic Development Council and a graduate of the University of Oklahoma’s Economic Development Institute. He has nearly 15 years of experience working at the intersection of the public and private sectors. Jacob writes and speaks nationally on site selection, real estate, and economic development.