Simon To Build Tulsa Premium Outlets® In Jenks.

Sep 11, 2015

INDIANAPOLISSept. 11, 2015 /PRNewswire/ -- Simon, a global leader in retail real estate, announced the location for its Tulsa Premium Outlets® in the City of Jenks, Oklahoma.

This much-anticipated project will be built along the south side of Creek Turnpike just west of the Arkansas River in Jenks's River District. The first phase of the development will be approximately 325,000 square feet and feature 80 to 90 stores offering residents and tourists exceptional brands at extraordinary savings. Construction in Jenks is scheduled to start in spring 2016 with an opening in summer 2017.

"We are eager to serve the entire Tulsa metropolitan market from this location," said Mark Silvestri, COO of Simon Premium Outlets. "We are really looking forward to bringing our vision of value shopping, which has been extremely popular throughout the world, to Tulsa."

"Tulsa Premium Outlets will serve as a top-tier destination for visitors to Jenks and the greater Tulsamarket," said City of Jenks Mayor Kelly Dunkerley. "Public investment in infrastructure around the Arkansas River is returning dividends to the entire region in the form of private investment and job creation."

Simon has long been active in Tulsa as it owns Woodland Hills Mall and has invested significant capital in that property, including the dramatic makeover of the food area renamed "Dining at the Hills," making it Oklahoma's signature retail destination.

About Simon
Simon is a global leader in retail real estate ownership, management and development and a S&P100 company (Simon Property Group, NYSE:  SPG). Our industry-leading retail properties and investments across North AmericaEurope and Asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales. For more information, visit simon.com.

About Simon Premium Outlets®
The global Simon Premium Outlets portfolio offers exceptional brands at extraordinary savings through a diverse mix of luxury, designer and popular retailers representing the best in fashion, family and home. Our 85 Simon Premium Outlets in the United StatesPuerto RicoCanadaJapanMalaysiaMexico and South Korea are some of the most iconic and productive shopping destinations for residents and travelers including Woodbury Common (New York City), Orlando, Desert Hills (Palm Springs), Las Vegas and Wrentham Village Premium Outlets (Boston). For more information visit premiumoutlets.com or follow Premium Outlets on Facebook, Twitter, Instagram and Pinterest.

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SOURCE Simon