Positioned to Win, Outlets at Corpus Christi Bay Poised to Capitalize on Oil Boom

11 Jul 2017

Positioned to Win, Outlets at Corpus Christi Bay Poised to Capitalize on Oil Boom

Outlets at Corpus Christi Bay, the only outlet mall serving the Corpus Christi MSA hasn’t stopped partying since their grand opening this past March. Residents, retailers, and employees alike have enjoyed every celebration, from the grand opening party and new store openings, to the summer concert series and food truck throw downs. Now everyone can add another one to their calendar, the oil boom.

Oil exports, once illegal for decades, are now fueling a Port of Corpus Christi economic boom! For the past 40 years, an oil export ban was the cornerstone of United States energy policy. And until recently, that ban has held the Port of Corpus Christi and the local economy in check. With recent “loosening” of the regulations and Congress ending the policy in late 2015, the port of Corpus Christi was positioned for an economic windfall.

Workers in the oil industry and dock workers are all abuzz with the new economic boom. Many workers, once unemployed due to crude prices plummeting in 2015, are now back to work and making more money than ever. With over a 400% increase in exports since the first half of 2016, and over 30,000 jobs being added to the local economy, the Outlets at Corpus Christ Bay will be the right place at the right time for all of their retailers.

“The traffic to the mall just keeps getting stronger,” said Cesar Briseno Jr., Outlets at Corpus Christ Bay manager. “Each event and activity that the mall sponsors continues to receive positive reviews from our retailers. There is no doubt that the local economy is poised to succeed and the Outlets at Corus Christi Bay is positioned to succeed alongside the boom as well.”

With over 8.1 million visitors to the Corpus Christi MSA, high visibility on Interstate 69 (21 million vehicles annually), and being adjacent to the Richard Borchard Regional Fairgrounds, the largest facility of its kind in South Texas, Outlets at Corpus Christi Bay is a beacon for visitors and residents alike.

For leasing inquiries, contact EB Development at 844.98.OUTLET or email info@EBDevelop.com.

See related article here.

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