With New Outlet Mall Ownership, Osage Beach Ends Its Legal Action Against The Mall

OSAGE BEACH, Mo. — The City of Osage Beach announced on Thursday evening that it had ended its legal action against the now prior owners of the outlet mall, due to the mall's purchase.

The City had taken action against the prior owners, Simon Property Group, Inc., alleging various health and safety code violations.

In a press release on Thursday, the City said it was officially ending those actions.

The full press release is below:

Osage Beach, Mo. – The City of Osage Beach welcomes Sky Real Estate to the community as the new owner of the Osage Beach Outlet Marketplace. Commercial real estate group Sky Real Estate formally acquired the outlet mall from a subsidiary of Simon Property Group on Nov. 21, 2024.

The City is encouraged by Sky Real Estate’s commitment to improving the property and looks forward to its revitalization for residents and visitors.

Over the past few months, the City and Sky Real Estate worked together to formulate an action plan for the mall that prioritizes life-safety issues. The City’s code violation case against Simon is now resolved and no further action is expected.

The Osage Beach Outlet Marketplace contains 391,000 square feet of retail space on 60 acres along Osage Beach Parkway.