This coming Saturday and Sunday are National Outlet Shopping Days, so what better time for Simon Premium Outlets to announce three new centres under development.
A high-end luxury Premium Outlet is destined for the high-income southern portion of the Nashville metro from Simon and Adventurous Journeys Capital Partners. The 300,000sq ft outlet will be patterned after Simon’s Woodbury Common location in New York and its Desert Hills centre in California.
The nation’s premier mall operator will also resume development of planned outlets in Los Angeles and Tulsa. Simon has reached an agreement in principle with the city of Carson, California, to complete a 400,000sq ft, high-end fashion outlet and value-oriented centre alongside the I-405 freeway, just 11 miles from LAX airport.
Simon will also bring its version of value-oriented shopping to Oklahoma with Tulsa Premium Outlets, a planned 330,000sq ft development located off I-75 along Riverside Parkway. This, too, is a development resumption that looks toward a 2024 completion date.
Further expansion will soon be underway at Woodbury Common Premium Outlets in New York’s Hudson Valley, considered the premier outlet centre in the nation with some 13 million visitors from all over the world. The planned 160,000sq ft addition will take the gross leasable area at Woodbury to over a million square feet.
