OKC Outlets explained

OKC Outlets
Location:Oklahoma City, Oklahoma,
Opening Date:August 5, 2011
Developer:Horizon Group Properties
CBL & Associates Properties
Manager:The Outlet Resource Group (2017–present)
Horizon Group Properties (2011–2017)
CBL & Associates Properties (2011–2017)
Owner:The Outlet Resource Group (2017–present)
Horizon Group Properties (2011–2017)
CBL & Associates Properties (2011–2017)Avison Young
Previous Names:The Outlet Shoppes at Oklahoma City (2011–2017)
Number Of Stores:87
Floor Area:394661-4NaN-4[1]
Floors:1
Address:7624 W. Reno Avenue
Website:http://www.okcoutlets.com/

OKC Outlets is an outlet mall located in Oklahoma City, Oklahoma. The mall is 394661square feet in size, and is one of the largest malls owned by The Outlet Resource Group (TORG). It opened on August 5, 2011, as The Outlet Shoppes at Oklahoma City, and was developed by Horizon Group Properties and CBL & Associates Properties.[2] It was proposed to open by November 2009; plans were put on hold because of the economic recession of 2008. Construction began in July 2010.[3] The total cost of the development was $50 million, with $3.9 million of infrastructure improvements paid for by the city of Oklahoma City. It was the largest retail investment of 2010, a down year in new retail construction.[4]

On May 1, 2017, TORG announced that it had acquired the mall from Horizon and CBL for $130 million. On May 22, the mall was renamed OKC Outlets.[5]

Notes and References

  1. Web site: 2015 Annual Report . Horizon Group Properties. 14. May 26, 2016 . September 23, 2015 . https://web.archive.org/web/20150923050609/http://www.horizongroup.com/post/sections/5/Files/2015_Annual_Report.pdf . dead .
  2. Web site: October 22, 2010 . Oklahoma City outlet mall financing, co-developer announced . . May 11, 2017 . https://web.archive.org/web/20160303173106/http://newsok.com/oklahoma-city-outlet-mall-financing-co-developer-announced/article/3506851 . dead. March 3, 2016.
  3. Web site: June 21, 2010 . Outlet mall plans revived after years of delays. Wells . Jesse. . May 8, 2011 . dead . https://web.archive.org/web/20110927212659/http://www.kfor.com/news/local/kfor-news-outlet-mall-revived-economy-story,0,6854276.story . September 27, 2011 .
  4. News: November 12, 2010 . Outlet mall on track for August 2011 opening in Oklahoma City. . Lackmeyer . Steve. May 11, 2017 . https://web.archive.org/web/20160303195042/http://newsok.com/outlet-mall-on-track-for-august-2011-opening-in-oklahoma-city/article/3513743 . dead. March 3, 2016 .
  5. Web site: OKC Outlets makes its debut. Money. Jack. The Oklahoman. May 23, 2017. April 12, 2023.