Bank of Oklahoma to purchase Campus Corner property from ice cream shop

SEDA requires $125,000 repayment before closing, marking early end to tax increment financing deal

Chris Peters

Sep 21, 2025 - 2 min read

The building at 229 S. Knoblock Street received $150,000 in tax increment financing from the Stillwater Economic Development Authority in 2021 to remodel its front facade and convert unused space into a short-term rental unit. Bank of Oklahoma plans to purchase the property for a new branch location. – Photo by Chris Peters

Bank of Oklahoma to purchase Campus Corner property from ice cream shop — The building at 229 S. Knoblock Street received $150,000 in tax increment financing from the Stillwater Economic Development Authority in 2021 to remodel its front facade and convert unused space into a short-term rental unit. Bank of Oklahoma plans to purchase the property for a new branch location. – Photo by Chris Peters

The Stillwater Economic Development Authority unanimously approved Bank of Oklahoma's purchase of 229 S. Knoblock Street during its Sept. 8 meeting, requiring full repayment of outstanding public assistance before the transaction can close.

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