Tuesday, August 23, 2011

Ground breaking for Paragon Outlets Livermore

by Jimmy Huang -Around Dublin

 Paragon Outlet Partners, a Baltimore, MD-based retail real estate development firm, will proudly celebrate the construction of its 543,000-square-foot outlet shopping center with a groundbreaking ceremony in Livermore, CA on Friday, August 26th at 10:00AM. Unlike the recent groundbreaking ceremony at Emerald Vista, the latest mixed-income housing project in Dublin, CA, cars are very much welcomed. Organizers have promised plenty of parking for attendees at 3505 Paragon Outlets Parkway, currently signed as Freisman Road. The new premium outlet mall will be built on the huge parcel of land that is kitty-corner to the new Target at Fallon Gateway in Dublin.

Along with City of Livermore Mayor Marshall Kamena, City of Livermore Vice-Mayor John Marchand, Alameda County Board of Supervisors Scott Haggerty, and Robert Brvenik from Paragon
Outlet Partners will be on hand to officially break ground for the open-air styled outlet shopping center slated to open to shoppers in November of 2012. “We are thrilled Paragon Outlets Livermore construction is underway and are looking forward to next year’s grand opening celebration,” said Mayor Kamena. “The addition of this world-class outlet shopping center will generate significant revenue and bring much needed jobs to Livermore. The outlet center is also a vital part of strengthening our ability to attract tourists to the area.”

Located east of San Francisco and Oakland and north of San Jose on Interstate 580 at the El Charro exit in Livermore, Paragon Outlets Livermore will feature more than 120 stores. The leasing of the property is currently 64 percent committed with confirmed merchants including top designer and leading brand names such as Banana Republic Factory Store, Barney’s New York Outlet, Cole Haan Company Store, J.Crew, Michael Kors, Neiman Marcus Last Call, Nike Factory Store, Saks Fifth Avenue OFF 5TH and Tommy Hilfiger, among many more.

“It is our mission to create well-tenanted outlet centers that offer shoppers access to a collection of the world’s leading designer and brand-names. Not only will Paragon Outlets Livermore become one of the region’s most popular shopping destinations for both local consumers and its tourist base, but a property that will also bring more than 2,000 jobs to the region, as well,” said Brvenik. “We look forward to welcoming each of our tenants to the San Francisco/Oakland Bay area marketplace as we prepare to open to the public for the holiday season next year.”

About Paragon Outlet Partners
Headquartered in Baltimore, MD, Paragon Outlet Partners is a retail real estate development firm with outlet shopping center development projects serving the Dallas/Fort Worth and San Francisco/Oakland regions along with a retail and entertainment complex in the Orlando market. Paragon Outlet Partners upscale merchant portfolio includes top designer and leading brand-names including Saks Fifth Avenue OFF 5TH, Neiman Marcus Last Call, Barney’s, Cole Haan, Michael Kors, J.Crew, Banana Republic, GAP, Nike and Tommy Hilfiger, among many more. For more information, please visit www.paragonoutlets.com.

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