Horizon Group Properties And CBL & Associates Properties Announce Opening Of
Expansion Of The Outlet Shoppes At Oklahoma City
OKLAHOMA CITY, Nov. 9, 2012
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
10^th 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
"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
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
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
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
Contractor: Concrete Enterprises, Inc., 200 NE 46th Street,
Oklahoma City, OK
Dates to note: Phase One Grand Opening: August 4,
Phase Two Grand Opening: November 9,
Amenities: Open-air racetrack design with covered walkways
Fountains and Fireplace
Customer Service Center
Bus parking and tour group services
Location: Interstate-40 and Council Road
Auntie Anne's Pretzels
Christopher & Banks
Coach Men's Factory
Dazzle Nails & Spa
Sptitz Fragrance Outlet
Johnston & Murphy
Jones New York
Jos. A. Bank
Le Gourmet Chef
Lucky Brand Outlet
Orange Leaf Yogurt
OshKosh B' Gosh
Polo Ralph Lauren
Rack Room Shoes
Saks Fifth Avenue Off 5th
The Children's Place
U. S. Polo Assn
Waterford, Wedgewood, Royal Doulton
White House Black Market
SOURCE Horizon Group Properties, Inc.
Contact: Gina Slechta, SCMD, Vice President of Marketing, +1-402-991-0875,
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