RiverWalk Phase II to Launch Later this Year

The metro area’s first riverfront retail attraction, RiverWalk Crossing, will launch a $24 million Phase II this spring with features that will be a big draw beyond the center, developer Jerry Gordon predicts.
Construction is expected to begin in late May and will take a year to complete. Gordon closed the loan days before Christmas.
“Once the weather lets up we will start dirt work, getting everything cleaned up,” Gordon said. “We plan to go vertical with buildings in 120 days.”
The second phase of development will include 164,000 SF and “three major box users that will probably alter our design for added space,” Gordon said. The largest space will be for a home interior decorating store.
The smaller retail space is expected to be similar to a sporting goods store, according to Gordon.
Phase II will depart from the Phase I design, he said.
The major space of the second phase will have a themed restaurant on the second level, he said.
“I have designed one major space in the middle of Phase II upstairs for a themed restaurant that will have features like no other restaurant in Oklahoma,” he said. “We are in talks with three different restaurants for that site.”
The restaurant will feature a rock sculpture with water, pumped from the river, cascading down. The sculpture will “anchor” the north development like the amphitheater does the Phase I development.
Customer seating will be built into the rock sculpture.
Gordon altered the design, eliminating plans for a host of shops and instead opted for the restaurant.
“We are talking to two national (chains) and one local restaurant that wants the space,” he said. “We will let in one, maybe two restaurants.”
The first phase featured retail shops on the ground floor and office space upstairs. In Phase II, retail space will be offered for lease downstairs; but upstairs, Gordon plans to build 2,200 SF loft apartments.
“We changed all the upstarts from offices to loft apartments with balconies overlooking the Arkansas River,” he said.
A hotel remains part of the plans.
The site originally designed for a Lone Star restaurant is out, Gordon said.
“We gave up the Lone Star steak house and have expanded the buildings to cover for some of the bigger box users,” he said. ?

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