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.

Eagan Outlet Center NOW 90 PERCENT COMMITTED

Old Navy, True Religion, Lucy and Talbots, Among Many More, Join Paragon Outlet Partners Merchant Collection

EAGAN, MN (January 23, 2014) Paragon Outlet Partners, a retail real estate development firm headquartered in Baltimore, announced today tenant space at its 409,000 square foot outlet center currently under construction in Eagan, MN, is now 90 percent committed.  The outlet center, which will serve the greater Minneapolis-St. Paul metropolitan region, is the first major new development project within the Cedar Grove Redevelopment District.

Newly-announced merchants such as Reebok, Old Navy, True Religion, Lucy, Talbots, Gymboree and Movado will celebrate grand openings alongside a stellar collection of leading designer and favorite brand names including Saks Fifth Avenue OFF 5TH, Coach Factory Store, Michael Kors, Cole Haan, Banana Republic Factory Store, Gap Factory Store, J. Crew, Polo Ralph Lauren Factory Store, adidas and Nike Factory Store, among many more.

“Leasing has progressed at a rapid and rewarding pace,” said Paragon Outlet Partners Principal Nicholas King.  “As the Twin Cities region’s newest outlet shopping center continues to take shape, we are delighted to welcome our newest tenants to our growing merchant community.”

Construction of the new outlet shopping destination began in June 2013.  The ground-up project is expected to bring approximately 400 construction jobs along with up to 2,000 permanent jobs to the market when it celebrates its grand opening this summer.

For more information about Paragon Outlets properties, please contact Kelvin Antill with development inquiries and Michele Dawson with leasing inquiries at 410.856.1733.
About Paragon Outlet Partners

Headquartered in Baltimore, Paragon Outlet Partners is a commercial real estate development firm operated by a seasoned team of former Prime Retail executives.  The company’s upscale merchant portfolio includes top designer and leading brand names Saks Fifth Avenue OFF 5TH, Last Call by Neiman Marcus, Bloomingdale’s The Outlet Store, Barney’s New York Outlet, Coach Factory, Michael Kors, Banana Republic, GAP, Nike Factory Store and Tommy Hilfiger, among many more.  Its parent company, The Lightstone Group, is one of the largest privately held real estate companies in the U.S. with a diversified portfolio of retail, hospitality, office, industrial and residential real estate assets, including more than 8.1 million square feet of commercial space and more than 11,000 multi-family units in 19 states.  For more information, visit www.paragonoutlets.com.

Paragon Outlet Partners Tenant Roster: Eagan, MN

(January 2014)

adidas

American Eagle Outfitters

Asics

Banana Republic Factory Store

Brooks Brothers Factory Store

Calphalon

Calvin Klein

*Carter’s

Chico’s Outlet

The Children’s Place

*Claire’s

Coach Factory Store

Cole Haan

Converse

*Cosmetic Company

Crabtree & Evelyn

Crazy 8

Destination Maternity

*Dress Barn

Famous Footwear

*Filson

Fossil

GAP Factory Store

*Gold Toe

*Gymboree

*Haggar

Helzberg Diamonds Outlet

*Hot Topic

Janie & Jack

J. Crew

Jockey

Johnston & Murphy

*Justice

*Kay Jewelers

*Lids

*Lindt Chocolate

*Lucy

*Maurices

Michael Kors

*Movado

Nike Factory Store

*Oakley

*Old Navy

*Osh Kosh

Pac Sun

*Pendleton

*Perfumania

Polo Ralph Lauren Factory Store

Puma

*Reebok

Saks Fifth Avenue OFF 5TH

Samsonite

Skechers

Swarovski

*Talbots

Tommy Hilfiger

*Torrid

*True Religion

Van Heusen

Watch Station

White House | Black Market

Wilson’s Leather

*Announced Jan. 23, 2014

SOURCE:   Sue Helondovitch, Strategy + Style Marketing Group,

Paragon Outlets Reveal Additional Retailers for Twin Cities at Eagan

Merchant Roster Expanding Rapidly as Construction Progresses

EAGAN, MN (October 2, 2013) Paragon Outlet Partners, a retail real estate development firm headquartered in Baltimore, announces today the names of 19 additional retail brands that will join its expanding merchant collection at Twin Cities at Eagan, a 409,000 square foot outlet shopping destination that will serve the Minneapolis-St. Paul metropolitan region.  Twin Cities at Eagan’s newest tenants include:

1. adidas

2. American Eagle Outfitters

3. Asics

4. Calphalon

5. Chico’s Outlet

6. The Children’s Place 

7. Converse

8. Cole Haan

9. Crabtree & Evelyn 

10. Destination Maternity

11. Famous Footwear

12. Fossil

13. Helzberg Diamonds Outlet

14. Jockey

15. Samsonite

16. Skechers

17. PacSun

18. Watch Station

19. White House/Black Market

“Leasing activity is moving at a tremendous pace,” said Paragon Outlet Partners Principal Nicholas King.  “As we continue our work to create a dominant outlet center in the Twin Cities market, we look forward to bringing shoppers convenient access to more than 100 of the world’s most iconic brand names, each of which will offer dramatic saving opportunities.”

Twin Cities at Eagan’s newly announced tenants will join anchor store Saks Fifth Avenue OFF 5TH along with Banana Republic Factory Store, Brooks Brothers Factory Store, Calvin Klein, COACH Factory, Crazy 8, GAP Factory Store, Gymboree, Janie & Jack, J.Crew Factory, Johnston & Murphy, Michael Kors, Nike Factory Store, Polo Ralph Lauren Factory Store, The Puma Store, Swarovski, Tommy Hilfiger, Van Heusen and Wilson's Leather.

Paragon Outlet Partners began construction of Twin Cities at Eagan, the first major new development within the Cedar Grove Redevelopment District, in June.  The ground-up project is expected to bring approximately 400 construction jobs along with up to 2,000 permanent jobs to the market when it celebrates its grand opening in August 2014.  

For more information about Paragon Outlets properties, please contact Kelvin Antill with development inquiries and Michele Dawson with leasing inquiries at 410.856.1733.

About Paragon Outlet Partners

Headquartered in Baltimore, Paragon Outlet Partners is a commercial real estate development firm operated by a seasoned team of former Prime Retail executives.  The company’s upscale merchant portfolio includes top designer and leading brand names Saks Fifth Avenue OFF 5TH, Last Call by Neiman Marcus, Bloomingdale’s The Outlet Store, Barney’s New York Outlet, Coach Factory, Michael Kors, Banana Republic, GAP, Nike Factory Store and Tommy Hilfiger, among many more.  Its parent company, The Lightstone Group, is one of the largest privately held real estate companies in the U.S. with a diversified portfolio of retail, hospitality, office, industrial and residential real estate assets, including more than 8.1 million square feet of commercial space and more than 11,000 multi-family units in 19 states.  For more information, visit www.paragonoutlets.com. 

SOURCE: Press Release - Sue Helondovitch Strategy + Style Marketing Group

RELATED POSTS:

Officials Break Ground on Twin Cities at Eagan Outlets

Officials Break Ground on Twin Cities at Eagan Outlets

EAGAN, MN (June 6, 2013)

City of Eagan officials and Paragon Outlet Partners representatives celebrated the groundbreaking of Twin Cities at Eagan, a 409,000 square foot outlet shopping destination, Tuesday, June 4.  Slated to open to the public in August 2014, the outlet center will serve the Minneapolis-St. Paul metropolitan region.

“Twin Cities at Eagan is an exciting and dynamic project situated in the heart of the city’s Cedar Grove Redevelopment District that will bring up to 2,000 jobs to the local region,” said Robert Brvenik, principal, Paragon Outlet Partners.  “As we are well underway with tremendous leasing activity, we look forward to bringing a well-tenanted roster of more than 100 outlet stores to the Greater Twin Cities marketplace.”

Along with anchor store Saks Fifth Avenue OFF 5TH, Paragon Outlet Partners marked the project’s official groundbreaking announcing its first group of 17 leading designer and brand names that will join the center’s merchant roster.  Merchants include:

Banana Republic Factory Store

Michael Kors

Brooks Brothers Factory Store

Nike Factory Store

Calvin Klein

Polo Ralph Lauren Factory Store

COACH

Puma

Crazy 8

Swarovski

Gap Factory Store

Tommy Hilfiger

J. Crew

Van Heusen

Janie & Jack

Wilson’s Leather

Johnston & Murphy

According to Mark Schoening, Senior Vice President of National Retail for Ryan Companies, general contractor for the project, “We are happy to serve as the builder for this large scale and very exciting retail development project in Eagan.  This type of project is right up our alley, and fits in well with our national platform to deliver retail property solutions across the US.”

For more information about Paragon Outlets properties, please contact Kelvin Antill with development inquiries and Nicholas King with leasing inquiries at 410.856.1818.

About Paragon Outlet Partners
Headquartered in Baltimore, Paragon Outlet Partners is a commercial real estate development firm operated by a seasoned team of former Prime Retail executives.  The company’s upscale merchant portfolio includes top designer and leading brand names Saks Fifth Avenue OFF 5TH, Last Call by Neiman Marcus, Bloomingdale’s The Outlet Store, Barney’s New York Outlet, Coach Factory, Michael Kors, Banana Republic, GAP, Nike Factory Store and Tommy Hilfiger, among many more.  Its parent company, The Lightstone Group, is one of the largest privately held real estate companies in the U.S. with a diversified portfolio of retail, hospitality, office, industrial and residential real estate assets, including more than 8.1 million square feet of commercial space and more than 11,000 multi-family units in 19 states.  For more information, visit www.paragonoutlets.com.

Contact:         

Sue Helondovitch, Strategy + Style Marketing Group, Ph: 973.588.3979, sueh@strategyplusstyle.com           

Simon Acquires Grand Prairie And Livermore

INDIANAPOLIS, Dec. 5, 2012 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. ("Simon") (NYSE:SPG) announced today that it has completed the acquisition of Paragon Outlets Grand Prairie in Grand Prairie, Texas and Paragon Outlets Livermore Valley in Livermore, California. Simon now owns 100% of each asset. 

The 417,000 square foot Grand Prairie center, serving the Dallas-Fort Worth metropolitan area, is home to more than 100 leading designer and name brand outlet stores including Saks Fifth Avenue OFF 5TH, Bloomingdale's The Outlet Store, Coach, Cole Haan, DKNY, Hugo Boss, Kate Spade New York, J.Crew, Michael Kors, Nike and Tommy Hilfiger.  The center opened in August of 2012 and is 100% leased.

The 512,000 square foot Livermore center, located in the affluent East Bay area of San Francisco, is home to 130 leading designer and name brand outlet stores including Saks Fifth Avenue OFF 5TH, Bloomingdale's The Outlet Store, Last Call by Neiman Marcus, Armani, Barneys New York, Coach, DKNY, Elie Tahari, Kate Spade New York, J.Crew, Lacoste, Michael Kors, Prada and Tommy Hilfiger.  The center opened in November of 2012 and is 100% leased.

Simon has assumed management responsibilities and the centers will be renamed Grand Prairie Premium Outlets® and Livermore Valley Premium Outlets®.

"We are pleased to add these two highly productive centers to our portfolio," said John R. Klein, President of Simon's Premium Outlets platform. "The projects have been very well received by merchants and shoppers, they are wonderful additions to our business, and they will be immediately accretive to our earnings."

How Does the New Paragon Outlets in Livermore, CA Stack Up Against Other Bay Area Outlet Malls?

 by Around Dublin Team - arounddublinblog.com

With less than one month to go, the November 8th grand opening of the new outlet mall in Livermore, CA cannot come soon enough. The economic impact of Paragon Outlets Livermore Valley will be tremendous with just the completion of the first phase. Anchored by Bloomingdale’s Outlet, phase I will bring 2,000 jobs to Livermore. Local officials expect the outlet mall to bring an estimated $2M in sales tax revenue for the city. “We were 100% leased for the first phase of this project 90 days ago,” said Nicholas King, a Principal at Paragon Outlet Partners. “It is a rare achievement, and it speaks to the resiliency of the Bay Area’s economy.”

With roughly 130 stores, Paragon Outlets Livermore Valley is located at 3507 Paragon Outlets Drive, just off the I-580 El Charro Road exit in Livermore. What sets Paragon Outlets Livermore Valley apart from the other outlet malls is the incredible collection of upscale brands that have already committed to be in the project’s first phase. Along with a coveted collection of premium brands that includes Bloomingdale’s, Burberry, Coach, Neiman Marcus, it will be one of the few outlet centers in the country to carry Prada. Although Gucci and Nordstrom Rack are not part of Paragon Outlets Livermore Valley’s first phase, they are rumored to join this stunning project in its second phase. The intense concentration of premium labels is made possible by the San Francisco Bay Area’s high median household income and the region’s strong consumer demand. The current local sales tax rate in Livermore is 8.750%.

With roughly 120 stores, Vacaville Outlet Mall is located at 321 Nut Tree Road, nearly half way between Sacramento and San Francisco on I-80. Some popular stores include Burberry, Coach, Gucci, Eddie Bauer, Banana Republic, and many more, but Bloomingdale’s, Neiman Marcus, and Prada are not among the collection of premium brands. Vacaville Outlet Mall is owned by Simon Property Group. The current local sales tax rate in Vacaville is 7.375%.

With roughly 50 stores, Napa Outlet Mall is located at 629 Factory Stores Drive off SR-29, which is roughly half way between Highway 101 and I-80. Some popular stores include Ann Taylor, Banana Republic, Barneys New York, Kenneth Cole, and many more, but Bloomingdale’s, Burberry, Coach, Gucci, Neiman Marcus, and Prada are not among the collection of premium brands. Napa Outlet Mall is owned by Simon Property Group. The current local sales tax rate in Napa is 7.750%.

With roughly 60 stores, Petaluma Outlet Mall is located 2200 Petaluma Boulevard North, just off Highway 101 in Sonoma County. Some popular stores include Coach, Saks Fifth Avenue Off 5th, BCBG Max Azria, Banana Republic, and many more, but Bloomingdale’s, Burberry, Gucci, Neiman Marcus, and Prada are not among the collection of premium brands. Petaluma Outlet Mall is owned by Simon Property Group. The current local sales tax rate in Petaluma is 8.000%.

With roughly 145 stores, Gilroy Outlet Mall is located at 681 Leavesley Road, just off Highway 101 in the San Jose area. Some popular stores include Coach, Eddie Bauer, Liz Claiborne Outlet, Nine West, Saks Fifth Avenue Off 5th, Tommy Hilfiger, and many more, but Bloomingdale’s, Burberry, Gucci, Neiman Marcus, and Prada are not among the collection of premium brands. Gilroy Outlet Mall is owned by Simon Property Group. The current local sales tax rate in Gilroy is 8.375%.

With roughly 200 stores, the Great Mall in Milpitas is located at 447 Great Mall Drive, roughly half way between I-880 and I-680. It is the only establishment to offer the outlet experience inside a traditional mall setting. Some popular stores include Coach, Neiman Marcus, Banana Republic, Calvin Klein, Kenneth Cole, and many more, but Bloomingdale’s, Burberry, Gucci, and Prada are not among the collection of premium brands. The Great Mall is owned by Simon Property Group. The current local sales tax rate in Milpitas is 8.375%.

With roughly 20 stores, San Leandro Outlet Mall is located at 1201 Marina Boulevard off I-880 just north of the I-580 junction. Some popular stores include Nordstrom Rack, Gap, Guess, and more, but Bloomingdale’s, Burberry, Coach, Gucci, Neiman Marcus, and Prada are not among the collection of premium brands. San Leandro Outlet Mall is owned by Jones Lang LaSalle. The current local sales tax rate in San Leandro is 9.000%.

Published on October 10, 2012

Paragon Outlets Livermore reveals tenants, promises 2,800 jobs

 Renée Frojo Reporter- San Francisco Business Times

Business leaders, government officials and members of the media got a sneak peak of the Paragon Outlets in Livermore on Thursday.

Though still under construction, the 543,000–square-foot shopping center is fully leased to a mix of 120 high-end designer and top brand-name tenants.

Armani Outlet, BCBG Max Azria, Burberry, Coach Factory, DKNY, Hugo Boss, Kate Space, Prada, St. John Outlet and Theory are the newest retailers to sign on.

Paragon Outlets will be anchored by Bloomingdale’s outlet and will also include Barney’s New York, Brooks Brothers Factory Store and Neiman Marcus Last Call.

Local officials are eagerly awaiting its opening. Paragon Outlets is expected to bring the city an estimated $2 million in sales tax revenue.

“This mall will have a tremendous economic impact,” Livermore Mayor John Marchand said.
Once complete, the $162 million shopping center along Interstate 580 at El Charro Road will be the largest outlet mall in Northern California — and it’s already planning on expansion.

The shopping center will create 2,000 new jobs in the first phase and approximately 800 jobs in the second phase. Paragon Outlet Partners, a Baltimore-based real estate development firm with one outlet center property in Grand Prairie, Texas, is planning to host a job fair next month to help fill the new positions.

The center is expected to become a huge tourist destination. “We’re in the middle of wine country, which accentuates the destination,” Marchand said. “We will bring groups to shop here in the morning and go wine tasting in the afternoons.”

“What we were looking for here was something to demonstrate the upscale nature of this project,” Marchand. “We wanted something that was more Tuscany or more Provence, not so Barney. It speaks to the upscale nature of this project.”

The grand opening for Paragon Outlets Livermore is slated for Nov. 8.

Traffic is major concern at new Grand Prairie outlet mall

by MONIKA DIAZ WFAA.COM

Paragon Outlets Grand Prairie Opens Tax Free Weekend With Over $10,000 in Giveaways, Extended Hours

 SOURCE Paragon Outlets Grand Prairie 

Marketwatch

GRAND PRAIRIE, Texas, Aug. 6, 2012 /PRNewswire via COMTEX/ -- Paragon Outlets Grand Prairie, the new $100 million, 417,000 square foot outlet center featuring more than 100 leading designer and top brand names serving the Greater Dallas/Fort Worth area, will welcome shoppers for the first time Thurs., August 16 through Mon., August 20. More than $10,000 in gifts and sweepstakes prizes courtesy of merchants such as Saks Fifth Avenue OFF 5TH, Bloomingdale's The Outlet Store, J.Crew Factory, Nike Factory Store, DKNY, The PUMA Store and Tommy Hilfiger, among many more, will mark its highly-anticipated debut in the regional marketplace.

"We're elated to be celebrating the grand openings of two of the only five new outlet centers that will open in the United States this year," said Paragon Outlets Partners Principal Robert A. Brvenik. "We know area shoppers are eager to shop and save at our exciting collection of iconic brands. That's why we'll keep Paragon Outlets Grand Prairie open until midnight both Friday and Saturday in conjunction with Texas' tax free weekend."

Anchor store Saks Fifth Avenue OFF 5TH kicks off Paragon Outlets Grand Prairie's grand opening celebration early as it hosts an invitation-only party Wed., August 15 from 6 p.m. to 8 p.m. Then, beginning Thurs., August 16 at 10 a.m., shoppers will be treated to a "sneak preview" of the outlet center's compelling store collection including Coach Factory, Michael Kors, DKNY, Hugo Boss, Banana Republic Factory Store and Gap Outlet, where shoppers save up to 65 percent every day.

According to Paragon Outlet Partners Principal Nicholas King, "Not only are we proud to deliver a well-tenanted outlet shopping destination that offers consumers dramatic savings opportunities, but we are delighted Paragon Outlets Grand Prairie's grand opening also represents the delivery of approximately 1,700 permanent jobs in the Greater Dallas/Fort Worth region."

As Texas kicks off its annual tax free shopping weekend Fri., August 17, Paragon Outlet Partners will officially open the region's newest retail venue at its Champagne & Confetti Grand Opening Ceremony at the south Food Court entrance near Tommy Hilfiger and Gap Outlet, at 10 a.m. And, beginning at 5 p.m., D Magazine, the region's premiere monthly city publication, will host an invitation-only VIP Grand Opening Party complete with:

Swag bags worth more than $150 featuring merchandise from favorite designer and brand names including Saks Fifth Avenue OFF 5TH, Tommy Bahama Outlet, Jockey, Columbia Sportswear, Reebok, Lindt Chocolate, Ultra Diamonds and Yankee Candle Outlet.

Personal style sessions with Lilliana Vazquez, a nationally recognized fashion expert from popular television programs such as NBC's Today Show, The Nate Berkus Show and New York Live, along with D Magazine's Style Editor Raya Ramsey.

Music by famed Dallas DJ "That Guy"

Complimentary champagne along with treats and sweets courtesy of Great Wraps, Great American Cookies and Lindt Chocolate.

"Even before our grand opening, shoppers will have the opportunity to join our exclusive Privilege Club online at www.paragonoutletsGP.com . Joining prior to Wednesday, August 15 entitles each member to a complimentary VIP Coupon Book worth hundreds of dollars in extra savings," said Paragon Outlets Grand Prairie Assistant General Manager Rebecca Galuppo.

Paragon Outlets Grand Prairie's grand opening weekend schedule follows. For a complete list of individual store grand opening sale information, limited-time offers, sweepstakes prizes, and more including a merchant directory and driving directions, please visit www.paragonoutletsGP.com .

Wed., August 15:

6 p.m. - 8 p.m.: Saks Fifth Avenue OFF 5TH invitation-only grand opening party

Thurs., August 16:

10 a.m. - 9 p.m.: Paragon Outlets Grand Prairie's "sneak preview"

Friday, August 17: Open Until Midnight

10 a.m.: Champagne & Confetti Grand Opening Ceremony, south Food Court entrance near Tommy Hilfiger and Gap Outlet

10 a.m.: Paragon Outlets Grand Prairie opens for tax free shopping with limited-time offers, merchant giveaways, prize sweepstakes and entertainment

5:00 p.m. - 8:00 p.m.: D Magazine's VIP Grand Opening Party, north Food Court entrance adjacent to Coach Factory (invitation holders only, please)

Saturday, August 18: Open Until Midnight

10 a.m.: Tax free shopping continues along with limited-time offers, merchant giveaways, prize sweepstakes and entertainment

Sunday, August 19:

11:00 a.m. to 7:00 p.m.: Tax free shopping continues with limited-time offers, merchant giveaways, prize sweepstakes and entertainment

Monday, August 20:

10:00 a.m. to 9:00 p.m.: Shopping continues with limited-time offers, merchant giveaways, prize sweepstakes and entertainment

Livermore Paragon outlet mall to create 2,000 jobs

by San Francisco Business Times

The new Paragon Outlets mall set to open Nov. 8 in Livermore is expected to generate some 2,000 jobs, the Contra Costa Times reports.

The 543,000-square-foot shopping center along Interstate 580 at El Charro Road will be anchored by a Bloomingdale's outlet. Other outlets at the mall will include Barney's New York, Brooks Brothers Factory Store, Neiman Marcus Last Call, Banana Republic Factory Store, J. Crew and Nike Factory Store.

Paragon Outlets is planning to host a job fair in early fall to help fill the new positions.
The city and the Alameda County Workforce Investment Board are also offering workshops for job applicants.

The $162 million mall will bring the city of Livermore an estimated $2 million in sales tax revenue.
It is being built across I-580 from other a new retail center in Dublin that includes a large Target store

Livermore Paragon outlet mall to create 2,000 jobs

by San Francisco Business Times

The new Paragon Outlets mall set to open Nov. 8 in Livermore is expected to generate some 2,000 jobs, the Contra Costa Times reports.

The 543,000-square-foot shopping center along Interstate 580 at El Charro Road will be anchored by a Bloomingdale's outlet. Other outlets at the mall will include Barney's New York, Brooks Brothers Factory Store, Neiman Marcus Last Call, Banana Republic Factory Store, J. Crew and Nike Factory Store.

Paragon Outlets is planning to host a job fair in early fall to help fill the new positions.

The city and the Alameda County Workforce Investment Board are also offering workshops for job
applicants.

The $162 million mall will bring the city of Livermore an estimated $2 million in sales tax revenue.
It is being built across I-580 from other a new retail center in Dublin that includes a large Target store

Bloomingdale's Outlet coming to Paragon Outlets Livermore Valley

by Around Dublin Team

 Paragon Outlet Partners, a retail real estate development firm headquartered in Baltimore, has just confirmed that Bloomingdale’s Outlet will anchor the new outlet mall currently under construction in Livermore, CA. Paragon Outlets Livermore Valley is expected to grand open by Black Friday 2012.

At Paragon Outlets Livermore Valley, a 543,000-square-foot shopping destination serving the greater San Francisco area, Bloomingdale’s Outlet will occupy a 25,000-square-foot anchor location. It will join a collection of more than 120 top designer and name brands such as Barney’s New York Outlet, Brooks Brothers Factory Store, Dooney & Bourke Factory Outlet, Elie Tahari, Etro, J.Crew, Michael Stars, Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH and St. John, among many more, when the outlet center opens in November.


“We are delighted Bloomingdale’s Outlet has chosen to open new outlet stores with Paragon Outlet Partners,” stated Principal Nicholas King. “We work to create well-tenanted shopping destinations where consumers have access to a world-class, robust mix of iconic brands. Welcoming our first set of Bloomingdale’s Outlet stores into our tenant roster is a true testament to our ongoing mission.”

Bloomingdale's Outlet coming to Paragon Outlets in Grand Prairie

By Scott Nishimura - Star Telegram

A major outlet center being built in Grand Prairie, scheduled to open this summer, got a boost with last week's confirmation that Bloomingdale's Outlet is coming in.

The 25,000-square-foot store will join more than 100 others, including Saks Fifth Avenue Off 5th, Brooks Brothers Factory Store, Coach, Tommy Hilfiger, Nike, Gap Outlet, and Banana Republic Factory Store, at the Paragon Outlets Grand Prairie. The 420,000-square-foot shopping center opens Aug. 17 at the northeast corner of Interstate 20 and Texas 360.

The Star-Telegram chewed over the project with Nicholas King, a principal in Paragon Outlets Partners, the Baltimore firm that's developing the center and owns other outlet centers in Livermore Valley, Calif., and Orlando, Fla.

How much of the space is leased right now?
In excess of 90 percent. We're putting the finishing touches on the tenant mix. We expect to open 100 percent occupied.

Any room in the development to grow beyond the 420,000 square feet?
We do have some additional land (the development has about 50 acres total), but we have no plans to expand the property at this time.

Who's the customer?
Our typical shopper is female, 35-55, typically with household incomes of $75,000, fashion-conscious, brand-aware. We target major metro areas. We thought the DFW market was under-retailed from an outlet perspective. We really like the demographics.

How far will this property draw from?
They can draw from up to 60 miles away, (but mostly from) a 30-40 mile radius.

Does it have the potential to draw tourists?
That was one of the things we looked at, with the proximity to Arlington, the stadiums, Six Flags.

Will this have a different customer than other outlet centers in the market?
I assume you're talking about Allen (Premium Outlets, north of Dallas) specifically. The DFW market is a large market. I think we're going to have some tenants that are unique to our center. Bloomingdale's is one of them. We think it will operate with little or no impact on the Allen center and draw from the south market.

What about Grapevine Mills as a competitor?
We see the Mills shopping experience and the outlet shopping experience as different. (The Mills experience) tends to be more of an entertainment-based trip. Ours is more of an a shopping-based trip.

What categories in the merchandise mix would you like to see get stronger?
We're down to our last 20,000 to 30,000 square feet. We're very happy with where we are merchandise-wise. We think we have a very good solid offering that will appeal to men and women, kids. With our last eight or nine spaces, we're trying to identify tenants that will set us apart.

What do these kinds of centers do in sales per square foot?
The outlet business has been great over the last decade. We've seen in this last economic downturn that the outlet centers have outperformed traditional retail. We would hope this center would perform in excess of $500 per square foot (compared with the industry average of $331). We certainly expect that would be the case.

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Paragon Outlet Parnters to open Grand Prairie in August 2012

Read more here: http://www.star-telegram.com/2012/01/07/3641273/dfw-outlet-center-project-lands.html#storylink=cpy

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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Paragon Outlet Parnters to open Grand Prairie in August 2012

By Barry Shlachter, Scott Nishimura and Sandra Baker, Star-Telegram Staff Writers

It took about three years longer than originally planned, but dirt is finally being moved for an outlet mall just off Interstate 20 in Grand Prairie.

May 2008 was a tough time to announce a $100 million, 64-acre commercial real estate project. The financial crisis pretty much ended the chances of getting a loan for such developments.

Now, Paragon Outlet Partners has told Grand Prairie that it expects to open by August 2012, with a Saks Fifth Avenue Off 5th store nailed down as one anchor and speculation that a Bloomingdale's Outlet will provide a second big name, chief city planner Kevin Lasher said. A Neiman Marcus Last Call had been planned, but the retailer pulled out, Lasher told staff writer Jim Fuquay last week.

The project will offer 402,000 square feet of retail space, and developers have told the city that more than 70 percent is leased, Lasher said.

Officials for Paragon, based in Baltimore, could not be reached for further details.

The Grand Prairie mall was first planned by Prime Retail. But Simon Property Group acquired Prime Retail in August 2010. Paragon Outlet Partners was formed by former Prime Retail execs, according to various trade reports.

Lasher said city officials are looking forward to the draw of a big destination retail center, to be located at the northeast corner of I-20 and Texas 360. The city has plowed about $8 million into street and drainage improvements using money from a tax increment financing district. Back in 2008, when it committed to the project, city planners projected that the mall would generate annual sales of more.

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