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Thursday, November 20, 2008

Oklahoma City breaks ground on outlet mall

from GlobeSt (11/20):

Last updated: November 19, 2008 06:28pm

Experts Say Area Ready For Outlet Mall
By Amy Wolff Sorter

"OKLAHOMA CITY, OK-The groundbreaking delay of the 341,400-square-foot Outlet Shoppes at Oklahoma is due to financing, rather than demand. But according to area retail experts, when the mall is complete it will have a ready and waiting market.

Outlet Shoppes at Oklahoma City is being developed by Horizon Group Properties Inc. at Interstate 40 and Council Road in the far west submarket. The Norton Shores, MI developer hoped to start construction last summer, but a recent story in The Oklahoman reported that uncertain financial markets pushed the construction launch to spring 2009, with opening scheduled for summer 2010. Meanwhile, Atlanta-based Cousins Properties Inc. is providing financial and other assistance to move the project forward." ...

for the complete story

for the Oklahoman article cited in the above

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