Home Goods coming to Midwest City

Home furnishing retailer to open in former Dick’s Sporting Goods building

By Jeff Harrison
Midwest City Beacon

Home Goods plans to open a store in Midwest City.

The popular home furnishing store will be located in the former Dick’s Sporting Goods building, 7095 SE 29th St.

Home Goods recently signed a lease for the building and plan to open in November. The store sells a wide range of home products such as indoor and outdoor furniture, rugs, lamps and other furniture. It is owned by TJX companies, which also owns TJ Maxx, Marshalls and Sierra Trading Post.

The vacant 50,000-square-foot Dick’s building is currently being renovated and divided into two spaces. The project includes gutting the inside of the building, removing the front entrance, rebuilding the loading dock, replacing the roof.

Sooner Investment and Sooner Town Center II LLC, which owns the building, are leading the project. The developer has built several other Home Goods stores in the state including in Norman and near Yukon.

“They basically want a brand-new store,” said Bob Sterns with Sooner Investment. “The only thing will be left are the outside walls.”

Robert Coleman, Midwest City economic development director, said he believes Home Goods will be a great fit in Town Center Plaza.

“Home Goods is one of TJX Companies best stores and I think they will compliment Mathis Home Store and bring people to town,” he said.

Coleman said adding Home Goods will make the other vacant space more attractive. He said Langston’s Western Wear initially expressed interest in the space after they lost their lease near SE 15th St. and Midwest Blvd. late last year but have been “radio silent.”

“Langston’s showed a lot of interest and then went quiet on us,” Coleman said. “I think everyone was sad to see them leave, and we hope they’re not gone for good.”

Coleman said they currently have three prospects.

The Midwest City Memorial Hospital Authority is providing funding for the construction project at the former Dick’s store.

The Hospital Authority trustees, which include the Midwest City Council, agreed to provide Sooner Town Center II with a $5,800,000 construction loan during a Jan. 28 meeting.

The loan term will be three years with an interest rate of 4.5%. The Hospital Authority will make about $500,000 – $750,000 over the lifetime of the loan, according to city attorney Don Maisch. He said the loan funds will be dispersed through a draw down. STC II will submit requests as work is completed.

According to the agreement, STC II will make interest payments for the three-year term and then find long-term financing from an independent third-party lending institution, paying off the construction loan in full. If STC II cannot find long-term financing, the Hospital Authority will consider undertaking the long-term loan.

Dick’s Sporting Good closed its Midwest City store in January 2023.

 

 

An unnamed national retailer has committed to lease 24,000-square-feet of vacant space in the former Dick’s building, according to city officials. STC II plans to redevelop the building for the future tenant, which includes splitting the space and repairing the roof. The space would be leased in the future.

Home Goods sells a wide range of home products such as indoor and outdoor furniture, rugs, lamps and other furniture. It is owned by TJX companies, which also owns TJ Maxx, Marshalls and Sierra Trading Post.

Home Goods
Just got the leasese,
Started sconstuct next compue fo weeks.
Setting up construction, not much until another week or too. Permit
Roof eplacer, HVAC,
A whole new store,
Opwnws onw in Yukon, sis onw in noRMAN
CRETC and academy, in Yukon
Norman same stores.
Home furnishing store, move repaint, new furnisure
At reasonable prices, instead of specityly, buy in bulk. Buy like Walmart, difference pay, what costs to deliver and sell it. Lowers the price.
SCHEDUE
2 WEEs, hope they popen in November.
Lowe’s
Rebuild the dock to meet their specifications.
Need to give what they do.
Have to sturn half into
Only thing left is outside walls and roof. Whole front torn off.
OTHER SPACE
No one else, lots looking. Langston never indicated.
Looked at it and months, no committement, lots of people looking at it. No one stepped up, let’swron and roll.
They will now that home goods.
Not avaiblea until I do that.
How much 25,000 square feet
Same store
They want a branc new store.
More than a shell, anticipate
After
Home goods done a lot of them.
Split half and half.

Mountain mikes, signed lease there. And LOI for norman.
Next to Big O, is a vape store, tobacco based.

9:30 a.m. MCMS
Black history month celebration, student performances, non profit live free OKC, special guest, organization decrease violence., only mcms dance program, vocal music, choir and band.

Home goods,
Robet
PARKING lot not belong to city
TJX wanted agreement none disburance agreemtns, econocmi development, city won’t tell them can’t park there, hospital authority.
City owns parking lot, hoptia autiory owens dirt uncer buildng.
Required another look by attroneys
GOOD TNENA/
Home goods, last time, they were best permofer of all TJX storefront. Thye exclelel tj maxx, homegoods, marshalls . sever brands. Homegoods one of the best perofming.
Love marhsalls, glad to have them.
Think compliments mathsi, and bring people to town not normally here.
Hope can get someone next them just a good fit.
I think they’ll attract someone else. Not long if not done before that. 3 prospets for it.
One fading, bryan
Not say completely out of the running, other people are interested. Hope both sides filled by November. Not each but not improessoviel
November hope to open home goods.
Longasotn showed a lot of intereste and they went quitet on us. The numbers bigger than paide elsewhere. Totally differet than Yukon, and different than cow town.
Think everyone sad to see them gone, but hope not goane for good.
Finally shuttering of big lots, guarantee. Hope maybe not town center, try big lots, 20,000 square feet. How about that. Hate to see them give up on the market.
Big lots,? Brief respiste, mwc not on list. Then whole company bankrupt. Not sure if saving any of them. Go bankrupt. Then slow come back.

WE not required to sign off lease in sooner rose, expect lnad we own back side. Ground leases town center.
Almost done with Dollar Tree, get CO on that. Rally house, same crew did some dry wall. Last corner suits that faces south.
Talked about mountain mikes, origaly cowboy chickens, stopped. Then hiedway and woodrows.
Sooner tennatn for cownr, newey to sell corenr. Then tennant
Transfere right to sell, we’ll close as soon as IP , charts, pits and showed corns and clearn.
Think we’re looking for more tnnenatn next time.
We’d hope they bring bevy of unique tennnst to site. They can oly bring poepel looking to expand. Ones that look to expand. W’ell have to see how deal structures on preferred entens.t.
March 25, turn kesy over limited oversight, but not much invemsnt.
Second version, w’ell pay you do all dirt work, zoning, subdivize it, stormwater, improvement. And sit on property, if bbring tennant like commission.
Third cuohic w’ell pay devleopet, but if something comes alng we’ll say keys are yours you build it. Not want to control , traffic, such valubea ble property now corner.
141k pay to sooner on workt hey did dvelopeent
Envirmnt and maps on cornrer. Once we have those.
Then we’ll move to close, and ork with agremetn 2-3 tiers. We can do all own, they consultant. Or they can do it. As tennatn comup.
Or a hybrid.
That’s how much theya ve wrapped.
$2.6 million, R2C2, newey family.
Sooner put under contract, the concre expired, then put money down to hold it. They wanted ot keep it. No one said they are out. If newey want to keep it, they need ot put contract tenenat.
Not wanting to pay full rent if that’s case. Bottom
1 ½ years to contract
WHAT TYPE OF DEVELPENT
Same things always looking for, producet that didfent to market. Somoene wnot else metro. If not at elast ne to metro, new to mwc and EOC area. Maybe something really different, different product.
Not just another company, but something else. Uniquet attract, retautsnt, retail, enteirmetn. Brigns people in not otherwise here.
2nd level down something not in mwc, something deseries esel. Not covering this side of town yet.
HOW BIG?
WE were 13.28 acrea, this is 1.75 acrea. W’re 15.03 acres.
WERE HOUSEES?
Mrgan place before interstate. You can dsee where road went over to tinker. See some house north side fo the bast, after 40 built.
Morgan place road,
Some commerical lot, gilcossin addition.
Not even 1 mile, 3/10 and 8/10 miles from that spot.
Car lot current lease? It expeired motnoth, see another month
Douglas Heights addition. 1 road curved around, Morgan Place. Original addition in 1946.
DISCUSSION?
Not much, we’ve talked about it in executive session since at least 2022 or 2023. Talked about it in 2015 and 2016. Not willingness of seller to give up the corner.
It clears path, land south fo theres odot that’s we’d be party to ahave it.
1 and 1 ½ acres odot land.