Horizon Group Properties And CBL & Associates Properties
Announce Opening Of Expansion Of The Outlet Shoppes At Oklahoma
City
OKLAHOMA CITY, Nov. 9, 2012 /PRNewswire/ -- Horizon Group
Properties, Inc. (OTC: HGPI) and CBL & Associates
Properties, Inc. (NYSE: CBL) today announced the Grand Opening of a
27,800 square foot expansion of The Outlet Shoppes at Oklahoma City, a 348,600 square foot outlet
shopping center. Tenants in the expansion include Coach
Men's Factory, Columbia Sportswear, Kenneth
Cole, Ann Taylor Loft Outlet, Lucky Brand Outlet, and
Waterford, Wedgewood, Royal Doulton. The 100% leased outlet
shopping center is located at the intersection of Interstate-40 and
Council Road and opened in August 2011. The expansion is
located in the southwest area of the center.
"We are very excited about opening the initial expansion of The
Outlet Shoppes at Oklahoma City,"
said Gary J. Skoien, chief executive
officer of Horizon Group Properties. "Retailer and shopper demand
enabled this expansion to be completed only 15 months after the
initial opening of the center. It is a testament to the many
valued customers in Oklahoma City
and the surrounding areas that have made this center such a huge
success. We have the capacity to further expand the center by an
additional 31,700 square feet and we expect to continue to add to
the roster of top-shelf stores at the center."
Mathis Brothers plan to open a 11,000 sq. ft. Sleep
Studio store on November
10th on a perimeter outlot just west of the
center. When completed, it will showcase more than sixty top name
brands. BJ's Restaurant and Brewhouse plan to open an
8,300-square-foot restaurant on a pad site just to the southeast of
the main mall. They expect to break ground this fall and open early
summer 2013.
"The second phase of The Outlet Shoppes at Oklahoma City builds on and enhances the
premier selection of brand name retailers shoppers will enjoy,"
commented Michael Lebovitz,
executive vice president – development & administration for
CBL. "The expansion of this center is a result of the demand
by local market for quality retail and also demonstrates the
centers attraction as a major draw for tourists and area
visitors. We are pleased to open this expansion, which will
add to its future success."
The Outlet Shoppes at Oklahoma
City is a joint venture of CBL & Associates Properties,
Inc. and Horizon Group Properties, Inc. Horizon and CBL are
co-developers of the project; Horizon is responsible for leasing
and managing the center.
About Horizon Group Properties, Inc.
Based in Norton Shores,
Michigan with executive offices in Rosemont, Illinois, Horizon Group Properties,
Inc. is a leading owner and developer of factory outlet shopping
centers in the United States and
Asia and is the developer of a
master planned community in suburban Chicago. For more
information, please visit www.horizongroup.com.
About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers
of malls and shopping centers in the United States. CBL owns,
holds interests in or manages 164 properties, including 95 regional
malls/open-air centers. The properties are located in 28
states and total 93.4 million square feet including 9.4 million
square feet of non-owned shopping centers managed for third
parties. Headquartered in Chattanooga, TN, CBL has regional offices in
Boston (Waltham), MA, Dallas (Irving), TX, and St.
Louis, MO. Additional information can be found at
cblproperties.com.
|
THE OUTLET
SHOPPES AT OKLAHOMA CITY
|
|
OKLAHOMA
CITY, OK
|
|
FACT
SHEET
|
|
Description:
|
Phase I of
the outlet center contains 348,600 square feet of gross leasable
area and the new expansion contains 27,800 square feet. The
site contains eleven outparcels.
|
|
Co-Developers:
|
Horizon
Group Properties, Inc. and CBL & Associates Properties,
Inc.
|
|
Architect:
|
Adams +
Associates Architecture
|
|
Phase
2
|
|
|
Contractor:
|
Concrete
Enterprises, Inc., 200 NE 46th Street, Oklahoma City, OK
|
|
|
|
Dates to
note:
|
Phase One
Grand
Opening:
August 4, 2011
|
|
Phase Two
Grand
Opening:
November 9, 2012
|
|
|
|
Amenities:
|
Open-air
racetrack design with covered walkways
|
|
Food
Court
|
|
Courtyard
|
|
Fountains
and Fireplace
|
|
Park-like
atmosphere
|
|
Customer
Service Center
|
|
Bus
parking and tour group services
|
|
|
|
Location:
|
Interstate-40 and Council Road
|
Retailers:
Aeropostale
American Eagle
Auntie Anne's Pretzels
Banana Republic
Bass
BCBGMAXARIZA
Bella Pizza
Bon Worth
Bose
Brooks Brothers
Carters Childrenswear
Chao Praya
Chico's Outlet
Christopher & Banks
City Bites
Claire's
Clarks Bostonian
Coach
Coach Men's Factory
Cole Haan
Columbia Sportswear
Converse
Corningware
Dazzle Nails & Spa
Disney
DKNY
Dress Barn
Easy Spirit
Famous Footwear
Sptitz Fragrance Outlet
Gap Outlet
Gold Toe
Guess
Gymboree
Haggar
Hanesbrands
Izod
J. Crew
Johnston & Murphy
Jones New York
Jos. A. Bank
Journey's
Justice
Kasper
Kay Jewelers
Kenneth Cole
Kitchen Collection
Lane Bryant
Le Creuset
Le Gourmet Chef
Levi's
Lids
Loft Outlet
Lucca Fashion
Lucky Brand Outlet
Maidenform
Maurices
Michael Kors
Naartjie Kids
Naturalizer
Nike
Nine West
Oakley Vault
Orange Leaf Yogurt
OshKosh B' Gosh
Perfumania
Perry Ellis
Polo Ralph Lauren
Rack Room Shoes
RB Wireless
Reebok Rockport
rue 21
Saks Fifth Avenue Off 5th
Skechers
Smashburger
Soma Intimates
Sunglass Hut
Taco Pronto
Talbots
The Children's Place
Tommy Hilfiger
U. S. Polo Assn
Ultra Diamonds
Under Armour
Uniform Destination
Van Heusen
Vans
Waterford, Wedgewood,
Royal Doulton
White House Black Market
Wilsons Leather
Yankee Candle
Zumiez
SOURCE Horizon Group Properties, Inc.