The center's first two expansions are part of what was originally called the "Corridor Project", which built new lighting, roadways, parkland, and a faux lighthouse along the entrance to Atlantic City in the early 2000s.

The lighthouse was torn down in 2006 to make way for Phase II which included a large Nike outlet and other stores that are located in the divider island of Missouri and Arkansas Avenue.

[1] In 2011, a controlling interest in Phase I and II of The Walk was sold as part of a $200 million, two-property sale to Tanger Factory Outlet Centers.

Adjacent to the expansion will be a new garage called Wave to serve customers of Tanger Outlets The Walk and patrons of the Atlantic City Convention Center.

The vacant Sun National Bank building on Atlantic and Arkansas Avenues was expected to be incorporated into the outlet district as a restaurant.