Rhett Morgan

“The industry itself is very strong,” said Dewey Bartlett, Oklahoma Energy Producers Alliance board member, also noting that “bridging and changeover” to alternative energy sources may take decades.

According to 2022 data, single-family housing starts dropped for the first time in 11 years. The downturn that started last year, exacerbated by elevated inflation and mortgage rates, is expected to continue for part of 2023.

Within three to five years, McElroy plans to employ 100 there. The Broken Arrow facility should open in mid-2024, coinciding with the Tulsa-based company’s 70th anniversary.

Over the past several months, the company has closed hundreds of stores nationwide.

The former hospital complex on Tulsa Development Authority-owned property at 660 E. Pine St. will be converted into the roughly $9 million facility promoting entrepreneurship.

It will feature 250 slot machines and a 47-room hotel.

The Opportunity Accelerator will outline a framework for long-term community leadership and ownership of the north Tulsa area following the recent adoption of the Kirkpatrick Heights-Greenwood Master Plan.

After seven in the past year, more Fed hikes in interest rates are forecast.

Developer Stuart McDaniel is designing a floor of the three-story project with his sister-in-law in mind.

Legacy Bank and Trust will establish a corporate office and full-service branch at the 222 North Detroit Avenue building.