Oklahoma Record
Tulsa
Under reviewOther

Tulsa Hills IKEA economic development incentive

Description

The city would chip in up to $2.5 million toward building, parking, and infrastructure work for a new IKEA store projected at $30-40 million in annual sales.

Impact summary

Could add $100-120 million in indirect retail impact to the area and keep regional shoppers — and their sales tax — in Tulsa.

Applicant

Name
DRP Tulsa Hills Property Owner, LLC
Address
Tulsa Hills retail center (former Belk store)

At a glance

Hearings
1
Public comments
0
Total mentions
1

Recorded in the meeting · City Council

Discussed

Last discussed Feb 25, 2026.

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