An investment firm announced Wednesday that it has purchased Orange Park Mall with intentions to expand community programming and enhance the shopper experience.
Second Horizon Capital said its strategy includes reinforcing the 950,000-square-foot mall’s established role in the Clay County community with investments and resources.
“Throughout its 50-year legacy, Orange Park Mall remains a core retail destination for the Clay County community and greater Jacksonville area,” said Howard Levine, managing partner and co-founder of Second Horizon Capital. “We see significant opportunities to strengthen this center through targeted investments in the center’s retail line-up, operating capabilities and community engagement. Our focus is to help ensure that Orange Park Mall remains a welcoming and vibrant destination for residents, visitors and tenants for decades to come.”
The company said it will begin its investments immediately with enhancements to its common areas, community engagement resources, safety operations and infrastructure.
“We prioritize investments with significant potential to deliver an elevated experience for shoppers, tenants and the broader community,” said Camilo Varela, managing partner and co-founder of Second Horizon Capital. “Orange Park Mall offers a meaningful opportunity to welcome an expanded range of shopping, dining and entertainment options, including a mix of national, regional and local retailers. We look forward to working directly with the community to help ensure the mall reflects their evolving needs.”
Washington Prime Group, the owner of the mall, announced in April that it intended to sell. A spokesperson said the strategy is “part of WPG’s multi-year journey” but did not give further details.
Orange Park Mall is celebrating its 50th anniversary. Click here for more information on events.
This story was produced by News4Jax, a Jacksonville Today news partner.