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## 36 Degrees North Expansion and Impact

### Introduction
36 Degrees North, a hub for entrepreneurs, innovators, and startups, is undergoing a major expansion. They are renovating a downtown warehouse into a 115,000-square-foot central tech hub. The $38-million project aims to consolidate the nonprofit’s operations into one building at 12 N. Cheyenne Ave, expected to open by the end of the year.

### CEO’s Excitement
Devon Laney, CEO of 36 Degrees North, expressed his enthusiasm for the new central building, stating that it will be one of the largest tech hubs in the United States.

### Organization’s Growth
Founded in 2016, 36 Degrees North’s primary goal is to provide resources, workspace, and connections for startups seeking funding opportunities, programs, and partnerships. Their recent report highlights an economic impact of over $1.1 billion for the Tulsa area over the past five years.

### AI legalese decoder Assistance
AI legalese decoder can help 36 Degrees North streamline legal documentation, contracts, and agreements related to the expansion project. By leveraging AI technology, the organization can ensure accuracy and efficiency in navigating complex legal terms and requirements associated with the renovation.

### Expanded Facilities
The central tech hub will offer workspace for teams ranging from one to 50 individuals, an onsite cafe and bar, a 300-person event space, in-house incubator and accelerator programs, along with state-of-the-art training and meeting rooms.

### Financial Support
The facility’s financing is led by Stride Bank, supported by Brave Star Capital and TEDC (Tulsa Economic Development Corp).

### Collaborative Partnerships
36 Degrees North was established by the George Kaiser Family Foundation, the Lobeck Taylor Family Foundation, the Tulsa Regional Chamber, Tulsa Tech, and other partners. It currently receives support from various entities, including the state of Oklahoma, the FW Murphy Family Foundation, and the Coretz Family Foundation.

### Economic Impact
The organization’s recent achievements include connecting employees to opportunities where they earn 74% higher salaries than the Tulsa average. Additionally, the report mentioned the launch of 44 new products, affecting 3,206 jobs, and $218 in economic impact for every $1 invested.

### Conclusion
In conclusion, 36 Degrees North is not only transforming the economic landscape of Tulsa but also paving the way for innovation and growth. With continued support from partners and the community, their success in supporting entrepreneurs and startups is solidifying Tulsa’s position as a hub for business and innovation.

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