Newspaper article THE JOURNAL RECORD

Aldi Seeks Walk at Tulsa Hills Store

Newspaper article THE JOURNAL RECORD

Aldi Seeks Walk at Tulsa Hills Store

Article excerpt

Consumer demand for full grocery services at west Tulsa's popular Tulsa Hills Shopping Center may get some relief next year from Aldi, although some retail analysts doubt that store opening would fill the perceived need.

"It will not," said Mendy Parish, a Tulsa retail broker with CB Richard Ellis of Oklahoma. "Aldi is a wonderful alternative for that, as well as Target, but there's still a need in that southwest corridor for a full-service, full-scale grocery to service all the needs."

At 1:30 p.m. Wednesday, the Tulsa Metropolitan Area Planning Commission will consider a corridor detail site plan for construction of a 17,031-square-foot Aldi store on 1.8 acres in The Walk at Tulsa Hills, a planned shopping center near the southeast corner of S. 81st Street and U.S. Highway 75.

That would mark the first grocery to go into that upstart retail hub since Tulsa Hills opened at the southeast corner of 71st Street and Highway 75 in 2008. That power center has demonstrated enviable retail sales unanticipated by many Tulsa business professionals, filling its 1-mile corridor with a million square feet of new retail space, with very little vacancy development.

But through that consistent expansion, along with two Case and Associates apartment projects across the highway and numerous other commercial additions feeding off Tulsa Hills traffic, the only food service options to emerge came from Target's initial anchor, which lacked the full-service grocery options of a SuperTarget; a Sam's Club that rose in the residential area's southern section; and a QuikTrip that followed along the north side of 71st.

None substitute for a full-service grocer, said University of Oklahoma retail economist James Kenderdine. Target recently expanded its Tulsa Hills selection to include some fresh produce, but its inventory remains limited.

Batavia, Illinois-based Aldi, owned by Germany's Albrecht family, counts four Tulsa-area locations among its nearly 1,300 stores in 32 states. …

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