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Since the Cox was renovated, OKC's convention business has shot up. One study that came out a year ago announced that OKC saw the largest % increase in convention business over a 5-year span. The #2 city was Omaha, which we'll discuss in the future. Now the Cox's limited convention space is holding back OKC's ability to compete for larger conventions. The largest conventions that we do have, which is usually Pre-Paid Legal's annual meeting, have the Cox bursting at the seams. To put OKC's convention industry growth in perspective, just single out a single month last year, March of 2008: We had 15,000 people here for the Pre-Paid Legal meeting, 5,000 in town for the American Choral Society convention, about 10,000 for a high school FFA convention, and dozens and dozens of thousands came for the Big 12 basketball tourney..all in the span of the shortest month of year. That's HUGE economic development. According to a OKC CVB report, the hotel bookings for March were 28,000 rooms above the previous March.
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A recent study commissioned by the Chamber of Commerce indicated that OKC needs at least 200,000 sf of total exhibition space. The Cox can not be expanded because there is no room to expand it, being in the core of downtown, and its footprint isn't conducive to another expansion anyway. The MAPS 3 convention center would have about 550,000 sf of space total, with 200,000 devoted to exhibition space. So even though it's about half the size of the Cox, it would have double the real convention space. By keeping the Cox that gives us about 300,000 sf of exhibition space in downtown.
3 comments:
Interesting that the new center will not be bigger than Cox overall- does this mean it will also have a smaller footprint? Cox Center is about 4 square blocks.
I don't know. It might have a footprint the same size, because most of the Cox's space is in the arena. Arenas tend to have multiple layers of square footage..it can be a maze underneath the seats and the hardwood.
I do think that the footprint for a 500,000 sf convention center has been greatly exaggerated by the C2S schemes.
Normally I would delete comments like that but I'm just so darn glad when my blog gets a comment I think I'll leave it.
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