Osage Beach Outlet Mall Sold To Sky Real Estate

The day has finally come….the outlet mall has a new owner.

Officials with the city of Osage Beach say as of November 21^st, the mall will be owned and managed by Sky Real Estate.

They take over the property from the Simon Group, who had owned it for several decades during its heyday into the recent decline.

According to a report from KRCG-TV, the city has been in talks with Sky Real Estate, in an effort to create a plan for improvements that will satisfy seven dozen existing code violations.

Without the agreement, it would have sent the previous owners and the city into court next month.

It’s been alleged that Premium Outlet Partners-LP violated 82 building codes, including rotted and missing wood, rusted railings, electrical wiring being exposed, rotted shingles and siding, rusted stairways and a broken glass door.

The case was filed in mid-August when word first started to report that a developer was working again with investors to purchase the property and revitalize the mall.

This is an ongoing story and KRMS will continue to bring you more as the details come in.