MYCON Begins Construction on The Outlet Shoppes at Oklahoma City
MYCON General Contractors, Inc. has started construction on The Outlet Shoppes at Oklahoma City, a 350,000-square-foot outlet mall located at the intersection of Interstate 40 and Council Road. Horizon Group Properties and CBL & Associates Properties are co-developing the retail project which, once complete, will be the only outlet center in the state and within a 145-mile radius. Adams + Associates Architecture was chosen as the architect for this project, which is expected to be complete in late summer 2011.
“We at MYCON are very excited to be a part of one of the largest retail projects currently being built in the country,” said Charles Myers, President and Chief Executive Officer of MYCON. “This project is keystone to our surprisingly active retail segment and it’s completion in 2011 will mark our 25th year in business.”
“Oklahoma City is a terrific market in need of a top-quality outlet center,” said Gary J. Skoien, Horizon’s president and CEO. “We are bringing the most desirable brand names to the best location in the city for an outlet center.” Skoien added, “Oklahoma City has a healthy and growing economy, with major employers in the energy, agricultural and government sectors. The region is currently under-retailed with strong demand for the new to the market brands that will be featured at The Outlet Shoppes.”
“The Outlet Shoppes at Oklahoma City is a great opportunity for CBL to enter the outlet center business through a new project that will be extremely successful,” said Stephen Lebovitz, president and chief executive officer for CBL. “Outlet centers are a natural extension of our retail expertise and provide us with attractive growth potential. This partnership with Horizon, a recognized outlet center developer, will provide us with access to new relationships with outlet center retailers that will also benefit our core mall portfolio.”
About MYCON General Contractors
Established in 1987, MYCON is an award-winning commercial contractor specializing in integrating general contracting and construction management services. They concentrate on the fast track method of construction, made successful with active communication between all team members and total involvement of the company officers. MYCON is always learning, and they use that knowledge to improve the business process and construction quality. This has taught them how to provide value, maintain flexibility, and build relationships with their clients. For additional information, visit MYCON’s website at www.mycon.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 interest in or manages 159 properties, including 84 regional malls/open-air centers. The properties are located in 28 states and total 85.6 million square feet including 2.8 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, Tenn., CBL has regional offices in Boston (Waltham), Mass., Dallas (Irving), Texas, and St. Louis, Mo. Additional information can be found at cblproperties.com.
About Horizon Group Properties, Inc.
Based in Norton Shores, Michigan with executive offices in Rosemont, Illinois, Horizon Group Properties, Inc. is an owner and developer of factory outlet shopping centers and is the developer of a master planned community in suburban Chicago. For more information, please visit www.horizongroup.com.