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June 9th, 2011 - Kelley Chambers

Oklahoma City named a top desirable place to do business


One of five featured cities by Area Development magazine


Oklahoma City made Area Development magazine’s "100 Leading Locations for 2011: Desirable Places for Doing Business."

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Oklahoma City made Area Development magazine’s "100 Leading Locations for 2011: Desirable Places for Doing Business."

Findings are based on location surveys conducted by noteworthy companies, including Forbes, CNNMoney and Milken Institute.

While the cities were not ranked, Oklahoma City was mentioned in six of the 14 surveys in the review. It also was one of only five featured cities of the 100 Leading Locations list.

In the feature, Oklahoma City was praised for financial and employment strength both during and after the recession; low unemployment rate; low debt; and growth in industries such as aerospace and bioscience.

“It makes it a lot easier for companies to be successful when you’re in that kind of environment,” Robin Roberts Krieger, executive vice president of the Greater Oklahoma City Chamber, told Area Development.

According to the chamber, it brought 90 projects and more than 4,100 jobs to the city last year, at an investment value of at least $345 million.

The other four cities featured are Austin, Texas; Denver; San Antonio; and the Raleigh-Durham area of North Carolina.

 
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