Tuesday, May 13, 2014

Simon Property Group, Paragon Outlet Partners Announce Opening Date for Twin Cities Premium Outlets

Rendering courtesy of www.paragonoutlets.com.

By Gabriel Circiog, Associate Editor May 2, 2014 Commercial Property Executive

Simon Property Group and Paragon Outlet Partners recently announced that the grand opening of the Twin Cities Premium Outlets will take place on Aug. 14, 2014. The new 409,000-square-foot upscale outlet center will house more than 100 stores.

Located at the intersection of highways 13 and 77 in Eagan, Minn., Twin Cities Premium Outlets will offer area residents and visitors an upscale outlet shopping experience with a collection of fashion, beauty, shoes, athletic wear, jewelry and lifestyle brands including Converse, Banana Republic Factory Store, Calvin Klein, Polo Ralph Lauren, J. Crew Factory Store and many more.

The outlet center will feature a centrally located food pavilion with indoor and outdoor seating and a two-sided fireplace. The center will also have covered walkways for a year-round shopping experience. Twin Cities Premium Outlets is a 65:35 joint venture between Paragon Outlet Partners and Simon Property Group.

The city of Eagan announced that it is preparing for the opening as well, having commissioned an additional travel demand management plan for the area that aims to address regional traffic functions, facilitation of parking and optimal routing for neighborhood traffic during the mall’s busiest days. The study findings will be presented in May. The city’s economic development authority is also currently building the Cedar Grove Parking Garage, a 1,550-stall, two-level facility that will provide a portion of the parking for the outlet center and other developments in the area.

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