Earlier this year, Jenks’ city manager expressed little worry about stalled construction on a proposed outlet mall.
“They own the property, obviously, because they have started construction, so we’re optimistic here that this will get started at some point,” Jenks City Manager Christopher Shrout said in February. “I think it’s a matter of ‘when’ and not ‘if.’”
Simon Premium Outlets announced Wednesday that the “when” will be later this year.
Construction at the site of Tulsa Premium Outlets, a proposed outlet mall just south of the Creek Turnpike in Jenks, is to resume in 2022 after it was essentially halted in March 2020 during the pandemic.
“This rapidly growing and thriving market is well-positioned for Simon’s vision of value-oriented shopping and will serve as a regional draw,” Simon Premium Outlets said in a news release.
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The center will encompass roughly 330,000 square feet and feature almost 100 retailers, with a grand opening targeted for 2024, the release states.
“We are grateful for our continued partnership with Simon Premium Outlets,” Shrout said in a statement. “This announcement is a prime example that coming out of the pandemic, the City of Jenks and Tulsa region are a great place to invest in the future.”
Tulsa Premium Outlets LLC purchased 51 acres for the Jenks project for $12 million.
In the original No. 2 tax increment financing economic development agreement, the city of Jenks agreed to reimburse Simon for certain public improvement TIF projects.
A TIF is a public financing method that diverts property tax revenues from the TIF district to pay for public improvements there over a specified span.
Jenks’ No. 2 TIF is generally bounded by the Creek Turnpike on the north, the Arkansas River on the east, Polecat Creek on the south and Elm Street on the west.
When Tulsa Premium Outlets was announced, it was expected to generate 400 construction jobs and 800 part-time and permanent jobs.
“Our success is the result of a strong unified team here in Jenks — City Council, City staff, and the business community all working together,” Mayor Cory Box said in a statement.
“All of this momentum shows Jenks is the place for businesses to succeed. Simon’s announcement is further evidence that Jenks is open for business.”
Josh Driskell is president of the Jenks Chamber of Commerce.
“We are happy to hear this announcement from Simon regarding Tulsa Premium Outlets,” he said. “This news, coupled with recently announced and soon-to-be-announced developments, shows the efforts of the city of Jenks and the Jenks business community are paying off.”
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Creek Turnpike Groundbreaking in 1999
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Creek construction on bridge in 2000
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Creek Turnpike sign unveiled, 2002
Jenks creek turnpike groundbreaking, 2015
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Outlet mall turnpike exchange 2017
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