Tulsa Promenade

Tulsa Promenade Mall is a 926,426-square-foot (86,067.8 m2) shopping center located in the Midtown section of Tulsa, Oklahoma. It is anchored by Dillard's, Sky Fitness, and a third anchor store last occupied by Mervyn's until February, 2006[3] and a fourth anchor last occupied by Macy's until March 26, 2017. The mall sits on 22 acres of land.

Tulsa Promenade Mall
LocationTulsa, Oklahoma, United States
Coordinates36.104009°N 95.92207°W / 36.104009; -95.92207
Opening date1965
OwnerTulsa Promenade LLC (Kohan Retail Investment Group)[1][2]
No. of stores and services62
No. of anchor tenants4 (2 open, 2 vacant)
Total retail floor area926,426
No. of floors2
Parking4,187
Website

History

The original structure was built in 1965 as an outdoor shopping center called Southland, anchored by Brown-Dunkin[4] (now Dillard's[5]) and JCPenney. In 1986, the property was rebuilt as an indoor mall, retaining the Dillard's and JCPenney stores as anchors while adding Mervyn's as a third.[lower-alpha 1] Campbell Company developed the original plaza, and Robert B. Aikens converted it to the present-day mall structure.[6]

The next physical renovation to Tulsa Promenade Mall was in 1996 with parking structures on the north and south sides of the center, expansion of Dillard's and addition of Foley's.[lower-alpha 2] In 1998 the Hollywood Palace 12 Theatre opened. The 1999 renovation added carpeting, fixtures, additional restrooms. The tenant mix was enhanced significantly over the next few years with the addition of El Chico restaurant and many retail concepts. In 2005, the center was renovated with the addition of a soft play area, indoor fountains and planters, a glass elevator and a newly designed exterior corner consisting of signage and landscaping.

Mervyn's, which occupied two floors on the west end of the mall as an anchor store, closed in 2005. In 2011 approximately 75% of the first floor (of the former Mervyns space) was leased by Sky Fitness, leaving about 25% of the first floor and 100% of the second floor still vacant.[7] In January 2017, Macy's announced that they will be closing the Promenade location by the end of the year; it closed on March 26, 2017.[8]

On August 6, 2017, an EF-2 tornado crossed part of Midtown Tulsa, lying within the area bounded by 41st and 51st streets and Memorial Drive and Sheridan Road. Promenade Mall was affected, but suffered only light roof and structural damage. Stores were able to reopen within two days after the event. No injuries occurred inside the mall, since the tornado struck shortly after 1 AM.[9]

Due to missed mortgage payments and long term maintenance issues, the mall went into receivership in July 2019.[10] Tulsa Promenade was returned to Kohan's ownership in September 2019.[11]

On January 17, 2020, it was announced that JCPenney would also be closing on April 24, 2020 as part of a plan to close 6 stores nationwide which will leave Dillard's and Sky Fitness as the only anchor left.[12]

Notes
  1. Mervyn's has since gone out of business, and Sky Fitness, has leased much of the original Mervyn's ground floor space.
  2. Foley's was acquired by Macy's in 2005, which re-branded all existing Foley's stores as Macy's in 2006. The Macy store in Promenade Mall permanently closed on March 26, 2017.

See also

References
  1. "Glimcher Sells Tulsa Promenade Mall | Commercial Property Executive". cpexecutive.com. Retrieved 2015-04-05.
  2. Smith, Tammie (March 26, 2017). "The new owner of Virginia Center Commons believes he can turn around the struggling mall". Richmond Times-Dispatch. Retrieved 17 April 2019.
  3. "Mervyns to close three Tulsa, Okla., stores. - Tulsa World (Tulsa, OK) | HighBeam Research". highbeam.com. Archived from the original on 2014-06-10. Retrieved 2015-04-05.
  4. "Magnificent Mall - Tulsa World: Archives". tulsaworld.com. Retrieved 2015-04-05.
  5. Rosenberg, L.J. Dillard's, the first fifty years. University of Arkansas Press. p. 46. ISBN 9781610751254. Retrieved 2015-04-05.
  6. "Tulsa Mall to Expand, Move Indoors | News OK". newsok.com. Retrieved 2015-04-05.
  7. "Sky Fitness takes anchor site at Tulsa Promenade Mall - Tulsa World: Archives". tulsaworld.com. Retrieved 2015-04-05.
  8. "Macy's Tulsa Promenade Mall Location Closes Its Doors." NEWSON6.COM. March 26, 2017. Accessed March 28, 2017.
  9. 'Update: EF2 tornado injures at least 30, causes extensive damage in parts of Tulsa early Sunday." Tulsa World. August 6, 2017. Accessed November 24, 2017.
  10. Averill, Mike (July 25, 2019). "Tulsa Promenade stores to stay open as owner, lender 'work out their differences' over unpaid $6M, court-appointed receiver says". Tulsa World. Retrieved 10 September 2019.
  11. Morgan, Rhet (September 23, 2019). "Judge returns possession, operation of Promenade Mall to property's owner". Tulsa World. Retrieved 11 October 2019.
  12. https://www.businessinsider.com/jcpenney-closing-stores-list-addresses-2020-1
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