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In July 2012, the Howard Hughes Corp. announced that the struggling marketplace would be redeveloped into an upscale outlet mall, adding more space for tenants and general modernization of the 1980s interior, estimated to cost $70 million. [[Omniplan Architects]] worked closely with the HHC to help design the new facelift.[{{Cite web |date=July 26, 2012 |title=Riverwalk Mall to get face-lift |url=https://www.wdsu.com/article/riverwalk-mall-to-get-face-lift/3358056 |access-date=2026-03-04 |website=WDSU |language=en}}] |
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In July 2012, the Howard Hughes Corp. announced that the struggling marketplace would be redeveloped into an upscale outlet mall, adding more space for tenants and general modernization of the 1980s interior, estimated to cost $70 million. [[Omniplan Architects]] worked closely with the HHC to help design the new facelift.[{{Cite web |date=July 26, 2012 |title=Riverwalk Mall to get face-lift |url=https://www.wdsu.com/article/riverwalk-mall-to-get-face-lift/3358056 |access-date=2026-03-04 |website=WDSU |language=en}}] Riverwalk Marketplace closed its doors in June 2013, and its remaining tenants were given 30-day notices to vacate to allow for construction.[{{Cite web |date=June 3, 2013 |title=Riverwalk transformation leaves little room for old stores |url=https://www.wdsu.com/article/riverwalk-transformation-leaves-little-room-for-old-stores/3363336 |access-date=2026-03-04 |website=WDSU |language=en}}] |
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The mall reopened on May 22, 2014, as '''The Outlet Collection at Riverwalk''', becoming an [[outlet mall]], including factory outlet shops like [[Coach, Inc.|Coach Outlet]], [[Loft (store)|LOFT]], [[Nordstrom Rack]], and [[Neiman-Marcus|Neiman–Marcus Last Call Studio Outlet]]. It became the first upscale outlet center in a major U.S. downtown setting. The redevelopment added 50,000-square-feet of new [[retail]] space, expanding the mall's total size from 200,000 to 250,000-square-feet.[{{Cite web |last=Ball |first=Millie |date=May 22, 2014 |title=New Orleans: Designer outlet mall set to open where the tourists are |url=https://www.latimes.com/travel/deals/la-trb-new-orleans-designer-outlet-downtown-20140521-story.html |access-date=2026-03-04 |website=Los Angeles Times |language=en-US}}][{{cite news |last1=Sayre |first1=Katherine |date=May 21, 2014 |title=The Outlet Collection at Riverwalk, set to open Thursday, builds on downtown New Orleans momentum |url=https://www.nola.com/news/business/article_a7356251-c9c4-5ad1-a5c4-6d523ed2e0d7.html |work=NOLA |language=en}}] |
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The mall reopened on May 22, 2014, as '''The Outlet Collection at Riverwalk''', becoming an [[outlet mall]], including factory outlet shops like [[Coach, Inc.|Coach Outlet]], [[Loft (store)|LOFT]], [[Nordstrom Rack]], and [[Neiman-Marcus|Neiman–Marcus Last Call Studio Outlet]]. It became the first upscale outlet center in a major U.S. downtown setting. The redevelopment added 50,000-square-feet of new [[retail]] space, expanding the mall's total size from 200,000 to 250,000-square-feet.[{{Cite web |last=Ball |first=Millie |date=May 22, 2014 |title=New Orleans: Designer outlet mall set to open where the tourists are |url=https://www.latimes.com/travel/deals/la-trb-new-orleans-designer-outlet-downtown-20140521-story.html |access-date=2026-03-04 |website=Los Angeles Times |language=en-US}}][{{cite news |last1=Sayre |first1=Katherine |date=May 21, 2014 |title=The Outlet Collection at Riverwalk, set to open Thursday, builds on downtown New Orleans momentum |url=https://www.nola.com/news/business/article_a7356251-c9c4-5ad1-a5c4-6d523ed2e0d7.html |work=NOLA |language=en}}] |
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