Tuesday, April 15, 2014

Cypress Creek Town Center Premium Outlets will be built in seven phases

April 11, 2014 By Michael Hinman The Laker Lutz News

Five months after working out its differences with the U.S. Army Corps of Engineers, Simon Property Group and its development partners have submitted preliminary plans for the long-awaited Cypress Creek Town Center Premium Outlets Mall to Pasco County officials.

The developers — JG Cypress Creek LLC and Tampa Premium Outlets LLC — are planning to build the property in seven phases, the first one engulfing the largest chunk of the 57 acres off Wesley Chapel Boulevard and State Road 56. It’s on the western-most portion of the property, just off Interstate 75.

The outlet mall itself will be comprised of nine buildings with 482,000 square feet of retail, and nearly 2,400 parking spaces.

The total project is expected to offer 1.1 million square feet of retail.

The project got back on track after years of delay last November, located just north of the Hillsborough County line.

“We are very excited to be moving forward on this project, and are commencing meetings with the county to determine approvals and a schedule,” Danielle DeVita, senior vice president for development and acquisition at Simon, said in a statement five months ago.

The east indigo snake almost killed the deal, with the Sierra Club claiming the U.S. Army Corps of Engineers improperly examined the project’s impacts to wetlands and waterways.

After an agreement was reached with the government agency, Simon officials said the mall could open as early as the end of this year. However, County Administrator Michele Baker later put that timeframe somewhere around the summer of 2015.

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