Public Private Partnership
CASE STUDY | Aspen Ridge: Broken Arrow, OK
The Public Private Partnership between OakTrust Development and the City of Broken Arrow OK.
The Aspen Ridge Public-Private Partnership between the City of Broken Arrow and OakTrust Development stands as a clear example of what happens when vision, land, and infrastructure are aligned with disciplined execution. What was once an underutilized horse pasture has been transformed into a high-performing commercial corridor—strategically positioned, infrastructure-supported, and built to meet real market demand. Through coordinated planning and investment, the project converted dormant land into a productive economic engine that continues to grow in both scale and impact.
Today, Aspen Ridge generates millions of dollars annually in sales tax and property tax revenue, creating a sustainable financial return for the City of Broken Arrow. That revenue directly supports public services, infrastructure improvements, schools, and long-term community investment—without requiring additional tax burden on residents. The development also catalyzed surrounding growth, accelerating additional private investment and reinforcing the area as a regional destination for retail and commerce.
OakTrust Development can change your Tax Base Income
The beneficiaries of this partnership extend well beyond the project itself. The city gains a reliable and expanding revenue base, retailers benefit from strong traffic and strategic location, and residents enjoy access to high-quality services and amenities close to home. For OakTrust Development, Aspen Ridge represents more than a successful project—it reflects a repeatable model for how public-private partnerships can unlock land, create lasting economic value, and deliver outcomes that serve both the public and private sectors at a high level.
1: Identify the Opportunity
- Target underutilized or strategically located land aligned with city growth plans
- Analyze traffic patterns, rooftops, and retail demand drivers
- Evaluate infrastructure gaps (roads, utilities, access)
- Confirm alignment with municipal economic development goals
2: Align Stakeholders
- Engage city leadership early (city manager, council, economic development)
- Define shared objectives: tax base growth, job creation, infrastructure needs
- Identify anchor tenants or uses that validate the project
- Build consensus between public officials, private capital, and end users
3: Structure the Partnership
- Design deal framework (TIF, infrastructure participation, land contributions)
- Allocate risk appropriately between public and private parties
- Establish clear financial model with long-term viability
- Document agreements with transparency and defined performance metrics
4: Execute & Deliver
- Coordinate infrastructure timing with vertical development and tenant commitments
- Manage entitlements, construction, and stakeholder communication
- Maintain disciplined oversight on budget, schedule, and quality
- Deliver a completed project that generates tax revenue, jobs, and sustained growth
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