The movie theater no longer has movie listings and several other stores have closed. What's going on at Promenade?
This board has been talking about this for some time (Especially in this thread:
http://www.tulsanow.org/forum/index.php?topic=21470.75). Online is stil just in its infancy and only 10% of total retail in 2017.
In order to survive in retail as a big mall, you have to be the hot new thing on the block with all the trendy places or face a quick decline. Promenade had already been on the decline back in the 2000s before online retail was so huge. Now it's dated and lacking the wow/nice factor to lure in people. Woodlands is still a destination for Southys. Promenade isn't a destination and has felt on the downward spiral for some time.
I do hope OU Tulsa expands and Promenade seems like a good close spot (with AMPLE parking!), but unless they get the mall for cheap, it may not be the best setup as it would require a massive investment to retrofit into medical or education facilities. It's a tough choice when you would only typically save maybe 25% by remodeling vs building new and have a far less attractive building in this case. That is potentially cut down to maybe 15% with increased building material costs right now and the entire mall is probably far more than OU could use any time soon. So unless they are basically giving the mall away or splitting up parts, it might not make sense for them to retro fit. Best turn it into an outlet mall or maybe the worlds first Church Mall! Shop for all you creed needs in one place!
I do see the future of the mall being similar to Eastland, with bigger businesses/churches/medical moving in, but one section at a time and potentially keeping the food court viable. Medical makes the most sense though.