Oakwood Mall (Enid, Oklahoma)

Oakwood Mall is a shopping mall in Enid, Oklahoma, United States. There are about 53,000 people that live within five miles (8.0 km) and 178,000 within 50 miles (80 km) of the mall.[1] The property sits at just over 62 acres.[2]

Oakwood Mall
Oakwood Mall in Enid, Oklahoma
LocationEnid, Oklahoma, U.S.
Coordinates36.3881°N 97.9294°W / 36.3881; -97.9294
Address4125 W Owen K Garriott Rd.
Opening dateFebruary 29, 1984
DeveloperMelvin Simon & Associates
ManagementMark McAfee
OwnerSB Retail Group Carlsbad LLC
No. of stores and services10 (more than 95 at its peak)
No. of anchor tenants3 (3 vacant)
Total retail floor area616,106
No. of floors1

History

The Oakwood Mall opened on February 29, 1984.[3] When the mall opened, it allowed for national tenants Dillard's to open their first stores in the area, as well as JC Penney and Newman's moving from downtown to be the three anchor stores.[3] On opening day, the mall had room for 85-95 tenants and a 12 restaurant food court.[3] Within one year of opening, the mall's occupancy stood at about 70%, more than the 25% the mall had on opening day.[4]

In June 2012, Victor Companies CEO Jim Dill announced plans to de-mall the property by eliminating indoor spaces as part of a $35 million deal.[5] The city of Enid offered a $5 million tax incentive once the property had 85% of the spaces leased, which never did happen.[5] By May 2014, the Victor Companies puled the plug on redevelopment, leaving the mall to explore other opportunities.[6] In October 2014, Sears announced that it would close their location in the former Newman's by January 2015 along with the Auto Center.[7] In the summer of 2019, Dillard's announced that they would be closing around or by the end of the year.[8] In June 2020, JCPenney announced that it would close the store at Oakwood Mall, along with 153 other locations.[9] This store would close in the fall, along with five other Oklahoma stores.[9]

References
  1. "Oakwood Mall has been sold". Retrieved 2016-12-24.
  2. "Account Summary Garfield County Assessor". Retrieved 2021-10-18.
  3. "Opening of Enid Mall May Cut Down On Shopping Trips to Oklahoma City". 1983-11-20.
  4. "Enid's Oakwood Mall Termed a Success Downtown Businesses 'Temporarily' Hurt, Chamber Official Says". 1985-03-17.
  5. "Contract on 'de-malling' falls through". Retrieved 2014-05-01.
  6. "BREAKING: Oakwood Mall no longer under contract with Vector Securities". Retrieved 2014-05-01.
  7. "Spokesman: Enid Sears store, auto center to close at Oakwood Mall". Retrieved 2014-10-24.
  8. "JCENID DILLARD'S TO CLOSE AT THE END OF THE YEAR". Retrieved 2019-07-19.
  9. "JCPenney in Oakwood Mall to close, company says". Retrieved 2020-06-04.


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