A second proposed outlets mall breaks ground today, Wednesday, in a ceremony at the 60-acre site in Chesterfield Valley, just off I-64 before the Boone Bridge over the Missouri River.
St. Louis Premium Outlets is intended to be part of a much larger complex of offices, hotel, restaurants and entertainment, according to developers.
Chesterfield Blue Valley LLC owns the collection of land parcels, and partnered with Simon Property Group and Woodmont Outlets for the project. The project is yet to have all the okays necessary to build, but the process is ongoing apparently.
City planners okayed a temporary sign for the outlets on Monday.
The other outlets mall proposed for Chesterfield Valley is Taubman Prestige Outlets. It broke ground on construction in Spring, and has graded the property along the north side of I-64/40 at Boones Crossing exit.
The following information (below) is excerpted from a Premium Outlets written statement:
Simon Property Group and Woodmont Outlets will hold a groundbreaking ceremony to mark the start of construction of St. Louis Premium Outlets, an upscale outlet shopping center.
Phase 1 of St. Louis Premium Outlets will be comprised of 350,000 square feet of gross leasable area housing 85 outlet stores that will offer savings of 25 to 65 percent every day. Opening is scheduled for fall 2013.
St. Louis Premium Outlets will be part of Chesterfield Blue Valley, a mixed-use development to include office space, hotel, restaurant, and entertainment venues.
The center will offer discerning shoppers an impressive collection of leading designer and name brands selling direct to consumers at significant savings in a sophisticated outdoor village setting.
Some of the top fashion and accessories brands include:
- Ann Taylor
- Brooks Brothers
- Elie Tahari
- Haggar Clothing Co.
- Jones New York
- Loft Outlet
- Saks Fifth Avenue OFF 5TH
- Tommy Hilfiger
- Van Heusen
Due to high interest in the merchant community, St. Louis Premium Outlets is currently over 60 percent committed.
The center will offer something for all members of the family. Shoppers will be able to choose from a wide range of footwear and sportswear brands including:
- Clarks Bostonian
- Easy Spirit
- Famous Footwear
- Finish Line
- Fox Racing
- Hot Topic
- Nine West
- Under Armour.
The mix of stores will feature popular children's brands such as Hartstrings; an excellent selection of women's sizes at Lane Bryant; jewelry stores like Kay Jewelers; and stores that offer home furnishings and great gifts including Yankee Candle.
St. Louis Premium Outlets is a joint venture with Woodmont Outlets. Simon owns 60 percent of the interest.
Simon's Premium Outlets portfolio includes 72 Premium Outlet Centers, including 59 in the United States, one in Puerto Rico, eight in Japan, two in Korea, one in Malaysia and one in Mexico.
Its industry-leading properties include Woodbury Common Premium Outlets (New York City), Orlando Premium Outlets, Desert Hills Premium Outlets (Palm Springs, California), Las Vegas Premium Outlets and Wrentham Village Premium Outlets (Boston).
About Simon Property Group
Simon Property Group, Inc. (NYSE:SPG) is an S&P 100 company and the largest real estate company in the world. The Company currently owns or has an interest in 339 retail real estate properties in North America and Asia comprising 245 million square feet. We are headquartered in Indianapolis, Indiana and employ approximately 5,500 people in the U.S. For more information, visit the Simon Property Group website at www.simon.com.
About Woodmont Outlets
Woodmont Outlets is an affiliate of The Woodmont Company. The company specializes in commercial real estate including development, asset management, tenant representation, brokerage, construction supervision, brokerage and investment sales. Woodmont's experience includes the development, management and brokerage of tens of millions of square feet of real estate nationwide over 32 years in business. The company leases and manages seven outlet centers comprising 1,650,000 square feet. For more information, visit the company's website at www.woodmont.com.