OKLAHOMA CITY, Okla.–GBT Realty Corp. is under contract to purchase 80 acres in Oklahoma City to develop the $50 million The Market at Czech Hall, a regional neighborhood center situated in one of Oklahoma’s fastest growing suburban communities. Site work on the 450,000-square-foot retail development will begin immediately upon the acquisition of the land, expected this spring. The development is slated to open spring 2016.

“The strength of the Oklahoma City marketplace and its better than national average population growth and unemployment rates are just a couple of the solid real estate fundamentals that make this site ideal for development and our retail partners,” says George Tomlin, president and CEO of GBT Realty. “And being located in the fastest growing area of Oklahoma, it’s no surprise that the Yukon area is home to some of the top producing retail stores in the region including Target, Lowe’s Home Improvement, Kohl’s, Hobby Lobby and other national retailers and restaurants.” 

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