The name of the $32.5 million retail development will be Walk at Tulsa Hills.
The center will be located to the south of Tulsa Hills on the east side of Hwy 75.
Parkes Development Group LLC of Nashville, Tennessee, will do the construction.
The developer has indicated it is already working to include a movie theater, grocery store, restaurants, retail shops and an outdoor living store.
“The Walk at Tulsa Hills development is expected to generate a payroll of $18 million between construction and permanent jobs,” said Mayor Dewey Bartlett. “This is exactly the type of development we are working daily to attract to Tulsa, and I am very pleased we have reached the point in the timetable that we can discuss this accomplishment publicly.”
The company says more than 1,000 jobs will be added from temporary construction work and the new establishments,
The developer estimates that gross sales will be close to $50 million, which would contribute close to $1.2 million in sales tax revenue to the city annually.
Bob Martin, with Parkes Development Group LLC said, “The success of Tulsa Hills attracted us to bring in new tenants to Tulsa, and create a walkable space around several retail establishments, as well placing restaurants and a movie theater in the heart of the complex to complete the customer experience.”
The concept for the development and plat was proposed to the Tulsa Metropolitan Area Planning Commission Wednesday and was approved.
Martin added, “The Walk at Tulsa Hills will be a place for families to gather for food and entertainment, and try out stores that are brand new to this market. We are encouraged by the TMAPC’s approval and will work with the City to complete the plans, while engaging the surrounding community in the process.”