ORANGE PARK, Fla. – An investment firm announced Wednesday that it purchased Orange Park Mall with intentions to expand community programming and enhance the shopper experience.
RELATED: Celebrating 50 years of the Orange Park Mall: A look back at the longtime community hub
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Second Horizon Capital said its strategy includes reinforcing the 950,000 square-foot mall’s established role in the Clay County community with investments and resources.
“Throughout its 50-year legacy, Orange Park Mall remains a core retail destination for the Clay County community and greater Jacksonville area,” Howard Levine, Managing Partner & Co-Founder of Second Horizon Capital, said. “We see significant opportunities to strengthen this center through targeted investments in the center’s retail line-up, operating capabilities and community engagement. Our focus is to help ensure that Orange Park Mall remains a welcoming and vibrant destination for residents, visitors and tenants for decades to come.”
The firm said it will begin its investments immediately with enhancements to its common areas, community engagement resources, safety operations and infrastructure.
“We prioritize investments with significant potential to deliver an elevated experience for shoppers, tenants and the broader community,” Camilo Varela, Managing Partner & Co-Founder of Second Horizon Capital, said. “Orange Park Mall offers a meaningful opportunity to welcome an expanded range of shopping, dining and entertainment options, including a mix of national, regional and local retailers. We look forward to working directly with the community to help ensure the mall reflects their evolving needs.”
Washington Prime Group, the owner of the mall, announced that it intended to sell back in April. A spokesperson said the strategy is “part of WPG’s multi-year journey” but did not give further details.
Orange Park Mall is celebrating its 50th anniversary since it opened. Click here for more information on events.