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Old 04-02-2009, 08:41 AM
metro metro is offline
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Join Date: Nov 2004
Total Posts: 11,646
Default Re: Simon refinances Penn Square Mall

Yes, but the SALES TAX stays IN OKC, and SALES TAX is where the money is at for cities. Simon has been a GOOD THING for Penn Sq. Look at how much nicer, cleaner, and more upscale it has become since Simon took over. It was just your average OKC mall before Simon (which was well below national average quality). Now Penn is or is one of the highest grossing per sq. ft malls in the region and is the highest for the state. Definitely a good thing.
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