Apr 28, 2014, 12:10pm MST Alicia Canales Editorial intern-Phoenix Business Journal
Tanger Outlets is set to bring at least 200 jobs to the Phoenix-Glendale area with an expansion of its West Valley mall.
“The customers in our stores have been responding really well since we opened in November 2012,” said Jessica Reeves, general manger of Tanger Outlets Westgate, the Phoenix/Glendale location.
“Demand said that we needed to expand.”
The outlet, located at 6800 N. 95th Ave. in Glendale, broke ground earlier this month for the additional 60,000-plus square feet, according to Reeves. Construction is scheduled to be completed by November.
Incoming retailers will be announced in the next 60 days, and there has been a lot of interest from many stores. Reeves said the additional space could hold 12 to 15 stores depending on the store sizes.
Dave McAlindin, a Glendale Economic Development official, said the Tanger expansion will bring increased city revenue from sales tax. He said Tanger brought in about $4 million to the city of
Glendale since its opening less than two years ago.
McAlindin said Tanger is not the only new development for the city of Glendale. The St. Joseph’s Hospital grand opening is set for May, and American Furniture Warehouse is under construction.
“We very much appreciate their confidence in Glendale and the fact they have chosen Glendale for their location,” McAlindin said. “We look forward to working with them for years to come.”
Showing posts with label Tanger. Show all posts
Showing posts with label Tanger. Show all posts
Thursday, May 15, 2014
Sunday, April 20, 2014
U.S. 501 road improvements on track to be done by Memorial Day
Read more here: http://www.myrtlebeachonline.com/2014/04/10/4156176/us-501-near-tanger-outlets-in.html?sp=/99/134/#storylink=cpy
Northbound U.S. 501, from Tanger Outlets to Gardner Lacy Road, will be widened to three lanes by Memorial Day if the area doesn’t experience an extraordinary amount of rain, a state official said.
Leah Quattlebaum, project manager with the S.C. Department of Transportation, said the nearly $5 million extension project is moving along swiftly.
“If everything goes according to plan – that’s no serious rain events or any other unforeseen issues that come up – they anticipate having the road opened up by Memorial Day,” Quattlebaum said. “They are actually starting the paving at night now. They will be doing that over the next two months, pretty much leading up to the vacation season.”
Grading and utility work is being done during the day and crews are working overnight to pave the road and will eventually begin constructing and paving the third lane between Waccamaw Pines Drive and Gardner Lacy Road. Quattlebaum said lane closures for the project are prohibited from mid-May through Labor Day, so the cooperation of the weather is vital.
Bo Ives, president of the Carolina Forest Civic Association, said the traffic problem along U.S. 501 has been brewing for a while. Currently, S.C. 31 dumps into what becomes a turn lane for the Tanger Outlets, putting merging traffic and turning traffic in one lane.
“Just as traffic is tapering from [S.C.] 31 coming on to [U.S.] 501, people are turning into Tanger,” Ives said. “The people who are tapering off of 31 are speeding, and the people who are turning into Tanger are slowing down, and it’s nothing but a conflict. We wanted this project to help with this whole event because it was never planned properly with the traffic coming off of 31.
“With the entrance into Forest Square Shopping Center, this will all work so there will be an additional lane of travel and then better accommodate the turnoffs into Tanger and into Forest Square.”
Ives said the road improvements are overdue.
“We’re looking forward to it because it’s just not safe,” Ives said. “We also believe that people are bypassing the tangle in front of Tanger and coming to Carolina Forest Boulevard using Grissom Parkway as their main entrance [to U.S. 501] into Conway just to avoid that tangle. We think that a large amount of traffic that comes to Carolina Forest is diverting that mess, and we hope that the traffic will lessen somewhat in Carolina Forest once that improvement is made.”
“The further they can go with this project before Memorial Day, the better off we’ll be.”
Read more here: http://www.myrtlebeachonline.com/2014/04/10/4156176/us-501-near-tanger-outlets-in.html?sp=/99/134/#storylink=cpy
Thursday, April 17, 2014
Rehoboth Beach Tanger Outlet Renovations, Right Through Summer
If you’re shopping in the Rehoboth Beach area this summer you might run into some congestion around the Tanger Outlet Midway Center where renovations are now in their third month and are expected to continue on through the summer.
The project is expected to be completed within a seven month period.
Amy Norgate, the center’s general manager told WBOC, that there will be a raised pedestrian walkway across the parking lot and believes when finished it will bring in more customers.
As for losing customers during construction, she said, that every effort is being made to make sure that the shoppers have the easiest time to come shopping.
All the stores, she adds, will be open during the renovation.
Monday, March 17, 2014
Several Tanger stores set to reopen March 17
Posted 3/15/14 Posted by Emily Walker | emilywalker@ogemawherald.com The Ogemaw County Herald
WEST BRANCH — Several stores at Tanger Outlet Center in West Branch are scheduled to reopen Monday, March 17 at 9 a.m., according to General Manager Vicki Seltz Barnes.
Coach, Gymboree, GH Bass, Christopher & Banks, Famous Footwear, Izod, and Reebok will be open Monday, joining many stores which opened March 12.
The stores that opened previously include Ann Taylor Factory Store, Loft Outlet, Bath and Body Works, The Sweet Life, Claire’s, Dressbarn, Java Junction, Wilsons Leather, Gap Outlet, Kitchen Collection, Old Navy Outlet, Carter’s Babies and Kids, Rue21, Eddie Bauer Outlet, Easy Spirit Outlet and Shopper Services.
The remainder of the center continues to undergo the restoration process after the mall closed Feb. 27, when the roof above the Polo Ralph Lauren and Hanes Brands stores collapsed.
WEST BRANCH — Several stores at Tanger Outlet Center in West Branch are scheduled to reopen Monday, March 17 at 9 a.m., according to General Manager Vicki Seltz Barnes.
Coach, Gymboree, GH Bass, Christopher & Banks, Famous Footwear, Izod, and Reebok will be open Monday, joining many stores which opened March 12.
The stores that opened previously include Ann Taylor Factory Store, Loft Outlet, Bath and Body Works, The Sweet Life, Claire’s, Dressbarn, Java Junction, Wilsons Leather, Gap Outlet, Kitchen Collection, Old Navy Outlet, Carter’s Babies and Kids, Rue21, Eddie Bauer Outlet, Easy Spirit Outlet and Shopper Services.
The remainder of the center continues to undergo the restoration process after the mall closed Feb. 27, when the roof above the Polo Ralph Lauren and Hanes Brands stores collapsed.
Wednesday, March 12, 2014
Much of Tanger set to reopen Wednesday morning
Several stores at Tanger Outlet Center in West Branch are scheduled to reopen Wednesday morning at 9 a.m., according to General Manager Vicki Seltz Barnes.
Barnes told the Herald Monday afternoon that the outlet center had received its certificate of occupancy for suites 112 through 132, which includes the 17 stores and Tanger offices between Ann Taylor and Easy Spirit.
The mall has been closed since Feb. 27, when the roof above the Polo Ralph Lauren and Hanes Brands stores collapsed.
While several stores will reopen, seven will remain closed in addition to the Polo and Hanes stores, which are being demolished. Remaining closed for the time being are Gymboree, Coach, Reebok, Christopher & Banks, Famous Footwear, G.H. Bass & Co., Izod and Van Heusen.
Seltz Barnes said there is no tentative reopen date for those stores at this time. Building inspectors still need to go through the stores, check the sprinkler system, and make sure the buildings are safe for occupancy.
“We’re starting on that process,” she said. “We just have to wait until the demolition is done to do that.
Tuesday, March 11, 2014
Tanger Outlets CEO: "The Business Model Is Simple and Elegant"
by Motley Fool Staff and Tom Gardner Mar 3rd 2014 5:30PMUpdated Mar 3rd 2014 5:45PM -dailyfinance.com
Steven Tanger joined Tanger Factory Outlet Centers , founded by his father in 1981, as the company's fourth employee. The company had grown to 13 outlet centers by 1992, and the following year it became the first outlet center developer to be listed on the New York Stock Exchange as a publicly traded real estate investment trust. Tanger has been president and CEO since 2009, and the company's steadily growing portfolio now includes more than 40 outlet centers across the U.S. and in Canada.
Enabling manufacturers and designers to sell directly to the public inherently saves a lot of money, Tanger explains. The model still works -- attracting a projected 180 million to 190 million shopping visits this year to Tanger locations -- even as online sales, discount stores, and supercenters continue to grow.
More stocks with business models to stand the test of time
As every savvy investor knows, Warren Buffett didn't make billions by betting on half-baked stocks. He isolated his best few ideas, bet big, and rode them to riches, hardly ever selling. You deserve the same. That's why our CEO, legendary investor Tom Gardner, has permitted us to reveal The Motley Fool's 3 Stocks to Own Forever. These picks are free today! Just click here now to uncover the three companies we love.
Tom Gardner: Now Tanger has more than 40 outlet malls, spread out in more than 20 states around the country, its market cap $3 billion. Can you talk a little bit about the dynamics of how the business works? You've given us a little lay of the land, but what brings the brands together? What brings the properties together? What are the competitive advantages of the business?
Steve Tanger: Actually, we have 43 shopping centers in 26 states and Canada, and we're opening our 44th tomorrow, in our 27th state. I leave from here, I go to Washington, D.C., and we open tomorrow in National Harbor, which is in Prince George's County, Md.
Gardner: Which is about five minutes from our corporate headquarters.
Tanger: Is that right?
Gardner: Yes, so there will be some Motley Fool Tanger shoppers.
Tanger: Please, wear the Fool hats and come say hi! That will be our 44th, and we're very excited about that.
The business model that we started is simple and elegant. It's brand names, selling directly to the consumer. You cut out the middleman. By cutting out the middleman's profit, inherently you save a lot of money. The manufacturers and the designers, by cutting out the middleman and selling direct to you as the consumer, are able to offer you 30% to 50% off, every day.
That business model has worked, all these many years, in the face of the growth of Internet sales, in the face of the growth of Wal-Mart and other discounters. We are distinct, in that it's brand names and designer names, selling directly to you.
Gardner: When you bring those brand names together, for example, who's bearing the marketing costs to bring the customers in? Is that Tanger, who's out there, getting out and getting word spread out about the different brands that are in each location, or are the brands themselves helping to allay some of those costs?
Tanger: We have a very active, well-seasoned marketing group, led by our chief marketing officer, named Carrie Geldner, who is wonderful and has been with us about 20 years. We actually market a retail destination without mentioning the names of the tenants that are there, so we have to build a mystique about the value and the fun of shopping and buying in an outlet store.
The tenants put money into a marketing fund, and then we use that marketing fund, paid by the tenants, to market the site. Now, in some centers around the country, we may supplement to be able to get a bigger market share.
This year, we'll have somewhere between 180 and 190 million shopping visits to Tanger outlets around the country.
The article Tanger Outlets CEO: "The Business Model Is Simple and Elegant" originally appeared on Fool.com.
Steven Tanger joined Tanger Factory Outlet Centers , founded by his father in 1981, as the company's fourth employee. The company had grown to 13 outlet centers by 1992, and the following year it became the first outlet center developer to be listed on the New York Stock Exchange as a publicly traded real estate investment trust. Tanger has been president and CEO since 2009, and the company's steadily growing portfolio now includes more than 40 outlet centers across the U.S. and in Canada.
Enabling manufacturers and designers to sell directly to the public inherently saves a lot of money, Tanger explains. The model still works -- attracting a projected 180 million to 190 million shopping visits this year to Tanger locations -- even as online sales, discount stores, and supercenters continue to grow.
More stocks with business models to stand the test of time
As every savvy investor knows, Warren Buffett didn't make billions by betting on half-baked stocks. He isolated his best few ideas, bet big, and rode them to riches, hardly ever selling. You deserve the same. That's why our CEO, legendary investor Tom Gardner, has permitted us to reveal The Motley Fool's 3 Stocks to Own Forever. These picks are free today! Just click here now to uncover the three companies we love.
Tom Gardner: Now Tanger has more than 40 outlet malls, spread out in more than 20 states around the country, its market cap $3 billion. Can you talk a little bit about the dynamics of how the business works? You've given us a little lay of the land, but what brings the brands together? What brings the properties together? What are the competitive advantages of the business?
Steve Tanger: Actually, we have 43 shopping centers in 26 states and Canada, and we're opening our 44th tomorrow, in our 27th state. I leave from here, I go to Washington, D.C., and we open tomorrow in National Harbor, which is in Prince George's County, Md.
Gardner: Which is about five minutes from our corporate headquarters.
Tanger: Is that right?
Gardner: Yes, so there will be some Motley Fool Tanger shoppers.
Tanger: Please, wear the Fool hats and come say hi! That will be our 44th, and we're very excited about that.
The business model that we started is simple and elegant. It's brand names, selling directly to the consumer. You cut out the middleman. By cutting out the middleman's profit, inherently you save a lot of money. The manufacturers and the designers, by cutting out the middleman and selling direct to you as the consumer, are able to offer you 30% to 50% off, every day.
That business model has worked, all these many years, in the face of the growth of Internet sales, in the face of the growth of Wal-Mart and other discounters. We are distinct, in that it's brand names and designer names, selling directly to you.
Gardner: When you bring those brand names together, for example, who's bearing the marketing costs to bring the customers in? Is that Tanger, who's out there, getting out and getting word spread out about the different brands that are in each location, or are the brands themselves helping to allay some of those costs?
Tanger: We have a very active, well-seasoned marketing group, led by our chief marketing officer, named Carrie Geldner, who is wonderful and has been with us about 20 years. We actually market a retail destination without mentioning the names of the tenants that are there, so we have to build a mystique about the value and the fun of shopping and buying in an outlet store.
The tenants put money into a marketing fund, and then we use that marketing fund, paid by the tenants, to market the site. Now, in some centers around the country, we may supplement to be able to get a bigger market share.
This year, we'll have somewhere between 180 and 190 million shopping visits to Tanger outlets around the country.
The article Tanger Outlets CEO: "The Business Model Is Simple and Elegant" originally appeared on Fool.com.
Friday, March 7, 2014
Tanger Outlet Mall remains closed after roof collapse
Posted: Mar 05, 2014 3:31 PM EST Updated: Mar 05, 2014 4:48 PM EST Posted By Wesley Goheen, wnem.com Web Managing Editor
OGEMAW COUNTY, MI (WNEM) -
The Tanger Outlet Center in West Branch remains closed after a roof collapse that happened last week.
TV5 has learned that two of the stores will be demolished to prevent further damage. The Polo Ralph Lauren and Hanes Brands stores will be destroyed.
The collapse originated at the Ralph Lauren store and ended up impacting both the Hanes store and Van Heusen location.
According to The Ogemaw Herald, authorities say they believe the cave-in was due to a build-up of snow on the roof. No official cause has been released however.
A nearby Applebee's, which closed following the cave-in, was also closed but has since reopened.
An operations team is still assessing what steps are needed to protect the center.
OGEMAW COUNTY, MI (WNEM) -
The Tanger Outlet Center in West Branch remains closed after a roof collapse that happened last week.
TV5 has learned that two of the stores will be demolished to prevent further damage. The Polo Ralph Lauren and Hanes Brands stores will be destroyed.
The collapse originated at the Ralph Lauren store and ended up impacting both the Hanes store and Van Heusen location.
According to The Ogemaw Herald, authorities say they believe the cave-in was due to a build-up of snow on the roof. No official cause has been released however.
A nearby Applebee's, which closed following the cave-in, was also closed but has since reopened.
An operations team is still assessing what steps are needed to protect the center.
Thursday, March 6, 2014
Tanger Outlet roof collapse injures 2 at outlet mall
AP Wire Westbranch 2/28/14 - Grand Haven Tribune
Two customers inside a mid-Michigan outlet mall were hurt Thursday when part of the building's roof collapsed.
All of the stores in the Tanger Outlets in West Branch were closed after the roof fell into the Polo Ralph Lauren Factory Store, said Deputy Brian Gilbert of the Ogemaw County Sheriff's Department.
"We're not really sure what instigated the collapse," Gilbert said. "I'm assuming it was probably a snow load."
The two customers inside the Polo store suffered "very minor injuries ... probably from ceiling tiles," Gilbert added.
The roof collapsed at about 2:30 p.m. Customers in all of the stores were evacuated.
It was not known when the mall would reopen, Gilbert said.
"We got the whole mall shut down until the engineers can get in there and figure out what's going on with the structure itself," he said.
The West Branch mall is one of 44 operated in 26 states and Canada by Greensboro, N.C.-based Tanger Outlets. It is the company's only outlet mall in Michigan, said spokesman Quentin Pell.
The company is monitoring the investigation into the collapse, he said.
"Our thoughts go out to those impacted by the situation," Pell told The Associated Press. "We're committed to ensuring the West Branch center is safe before reopening. We won't jeopardize them with trying to reopen too quickly."
Two customers inside a mid-Michigan outlet mall were hurt Thursday when part of the building's roof collapsed.
All of the stores in the Tanger Outlets in West Branch were closed after the roof fell into the Polo Ralph Lauren Factory Store, said Deputy Brian Gilbert of the Ogemaw County Sheriff's Department.
"We're not really sure what instigated the collapse," Gilbert said. "I'm assuming it was probably a snow load."
The two customers inside the Polo store suffered "very minor injuries ... probably from ceiling tiles," Gilbert added.
The roof collapsed at about 2:30 p.m. Customers in all of the stores were evacuated.
It was not known when the mall would reopen, Gilbert said.
"We got the whole mall shut down until the engineers can get in there and figure out what's going on with the structure itself," he said.
The West Branch mall is one of 44 operated in 26 states and Canada by Greensboro, N.C.-based Tanger Outlets. It is the company's only outlet mall in Michigan, said spokesman Quentin Pell.
The company is monitoring the investigation into the collapse, he said.
"Our thoughts go out to those impacted by the situation," Pell told The Associated Press. "We're committed to ensuring the West Branch center is safe before reopening. We won't jeopardize them with trying to reopen too quickly."
Tuesday, January 28, 2014
Tanger Outlets expansion is approved
POSTED: 01/24/2014 04:47:07 PM MST Aaron Osowski, The Park Record
In what has been a laborious process by the Summit County Council, the 23,500 square foot expansion to the Tanger Outlets was finally approved on Wednesday. The Council previously had issues with the manner in which the developers allocated community incentive funds to the Peace House.
The expansion, as part of a new Specially Planned Area (SPA), was never opposed by the Council; rather, it was Tanger's plan to give $50,000 in gift cards to the Peace House as part of its mandatory 'community incentives' funding that caused the delay.
Tanger was required to pay $587,215 for affordable housing as a fee-in-lieu and had previously had the following list of community incentives:
Because the Council was not pleased with the precedent that the granting of gift cards to a non-profit might set, Tanger agreed to add that $50,000 to workforce housing.
Due to a discrepancy between an affordable housing calculation from the 2009 code and the 2012 code, Tanger agreed to split the difference, adding $54,551 more to workforce housing. The grand total of funds dedicated to affordable housing for Peace House as a result totaled $960,490.
Council member Dave Ure suggested the county write a proposal for affordable housing that the Peace House would then have to meet. Chair Chris Robinson said the Peace House, in conjunction with the County Manager, will come up with a housing proposal over the next few weeks before the funds are allocated.
"I've felt like this has been a political hot potato and there's been political pressure on us to direct the funds to Peace House from the beginning," Ure said.
The original intent was for the affordable housing monies to be granted directly to Peace House, and the county would put faith in their ability to efficiently construct transitional housing. County Manager Bob Jasper suggested keeping the money in a trust and waiting to see other housing proposals.
"I'd like a process where I can see some competing models," Jasper said. " directing [the funds] to one group in one form, you're not giving [the county] a lot of opportunities to create good affordable housing. If you let people put in proposals and form partnerships, you get a better product."
The Peace House, which said it did not yet have a plan of how to use the monies, will be tasked with coming up with a transitional housing proposal to be presented to the Council at the Feb. 26 meeting.
"If, after [February] 26th, we don't like the Peace House's proposal, the county will use the money as they see fit for affordable housing," Robinson said.
Jeff Smith, who serves on Peace House's Board of Advisors, said the non-profit had always envisioned the affordable housing monies being held in an escrow account by the county until the Peace House could "jump through certain hurdles" to receive the funds.
Council member Roger Armstrong said he wants to make sure the affordable housing monies are used responsibly and in an expeditious fashion.
"If the Peace House is unable to use that money on a timely basis, I'm concerned about it being tied up for a considerable period where another entity might be able to create affordable housing [more quickly]," Armstrong said.
In what has been a laborious process by the Summit County Council, the 23,500 square foot expansion to the Tanger Outlets was finally approved on Wednesday. The Council previously had issues with the manner in which the developers allocated community incentive funds to the Peace House.The expansion, as part of a new Specially Planned Area (SPA), was never opposed by the Council; rather, it was Tanger's plan to give $50,000 in gift cards to the Peace House as part of its mandatory 'community incentives' funding that caused the delay.
Tanger was required to pay $587,215 for affordable housing as a fee-in-lieu and had previously had the following list of community incentives:
- $268,721 fee-in-lieu for workforce housing
- 10-foot-wide right-of-way donation along Kilby Road/Landmark Drive ($39,180)
- Millennium Trail realignment ($57,000)
- $50,000 worth of gift card donations to the Peace House
- $169,140 for Chamber Maxx corrugated arch system (used for extra runoff control and purification)
Because the Council was not pleased with the precedent that the granting of gift cards to a non-profit might set, Tanger agreed to add that $50,000 to workforce housing.
Due to a discrepancy between an affordable housing calculation from the 2009 code and the 2012 code, Tanger agreed to split the difference, adding $54,551 more to workforce housing. The grand total of funds dedicated to affordable housing for Peace House as a result totaled $960,490.
Council member Dave Ure suggested the county write a proposal for affordable housing that the Peace House would then have to meet. Chair Chris Robinson said the Peace House, in conjunction with the County Manager, will come up with a housing proposal over the next few weeks before the funds are allocated.
"I've felt like this has been a political hot potato and there's been political pressure on us to direct the funds to Peace House from the beginning," Ure said.
The original intent was for the affordable housing monies to be granted directly to Peace House, and the county would put faith in their ability to efficiently construct transitional housing. County Manager Bob Jasper suggested keeping the money in a trust and waiting to see other housing proposals.
"I'd like a process where I can see some competing models," Jasper said. " directing [the funds] to one group in one form, you're not giving [the county] a lot of opportunities to create good affordable housing. If you let people put in proposals and form partnerships, you get a better product."
The Peace House, which said it did not yet have a plan of how to use the monies, will be tasked with coming up with a transitional housing proposal to be presented to the Council at the Feb. 26 meeting.
"If, after [February] 26th, we don't like the Peace House's proposal, the county will use the money as they see fit for affordable housing," Robinson said.
Jeff Smith, who serves on Peace House's Board of Advisors, said the non-profit had always envisioned the affordable housing monies being held in an escrow account by the county until the Peace House could "jump through certain hurdles" to receive the funds.
Council member Roger Armstrong said he wants to make sure the affordable housing monies are used responsibly and in an expeditious fashion.
"If the Peace House is unable to use that money on a timely basis, I'm concerned about it being tied up for a considerable period where another entity might be able to create affordable housing [more quickly]," Armstrong said.
Monday, January 27, 2014
Tanger Outlets buys stake in Outlet Mall of Georgia
Posted: January 21, 2014 - 10:59pm | Updated: January 22, 2014 - 8:02am By JULIA RITCHEY Savannah Morning News
Tanger Outlets has bought a stake in the future Outlet Mall of Georgia in Pooler, according to Chatham County property deed records.
In documents signed January 10, Green Valley Acquisition LLC, identified as an affiliate of the North Carolina-based Tanger Outlets, agrees to co-manage and co-develop a portion of the project at the interchange of I-95 and Pooler Parkway.
A limited warranty deed signed by Jack Wardlaw of Pooler Marketplace and South Godley Enterprises, the sellers of the property, and Frank Marchisello, executive vice president and CFO of Tanger Outlets, indicates a sum of $10 million was paid for the transfer.
An access and construction agreement signed between Tanger and the “Outlet Mall of Savannah LLC” stipulates that Tanger will “continue the development of the project.”
Other details of the deal remained murky as several calls to Ben Carter Enterprises, the developer who spearheaded the project, Jack Wardlaw and other stakeholders were not returned.
A spokesman for Tanger, Quentin Pell, said they did not have an announcement to make at this time.
“Our retailers continue to show an interest in the Savannah area … the market is very intriguing to us,” said Pell.
Atlanta-based developer Ben Carter broke ground on the project last September, promising a host of upscale boutique outlet stores new to the Savannah area, with some overlap from retailers found at Tanger Outlets in Bluffton and Charleston. It was unclear what role Carter would play going forward.
According to previous coverage by Savannah Morning News, Carter had secured leases for 70 percent of the 560,000-square-foot facility. The mall is scheduled to open in spring of 2015.
A raft of other agreements was also filed as part of last week’s deal — from sewer lines to signage to access roads.
Commercial realtors with knowledge of the venture said bringing in a partner like Tanger would help secure more financing and control risk.
It also was suggested Tanger’s strong reputation would give more credibility to the project, attracting more retailers and solidifying growth in that area, which has already experienced a construction boom.
Tanger Outlet Centers operate 43 shopping malls in 26 states and Canada, representing 400 brand-name factory outlet stores, according to its website.
Tanger Outlets has bought a stake in the future Outlet Mall of Georgia in Pooler, according to Chatham County property deed records.
In documents signed January 10, Green Valley Acquisition LLC, identified as an affiliate of the North Carolina-based Tanger Outlets, agrees to co-manage and co-develop a portion of the project at the interchange of I-95 and Pooler Parkway.
A limited warranty deed signed by Jack Wardlaw of Pooler Marketplace and South Godley Enterprises, the sellers of the property, and Frank Marchisello, executive vice president and CFO of Tanger Outlets, indicates a sum of $10 million was paid for the transfer.
An access and construction agreement signed between Tanger and the “Outlet Mall of Savannah LLC” stipulates that Tanger will “continue the development of the project.”
Other details of the deal remained murky as several calls to Ben Carter Enterprises, the developer who spearheaded the project, Jack Wardlaw and other stakeholders were not returned.
A spokesman for Tanger, Quentin Pell, said they did not have an announcement to make at this time.
“Our retailers continue to show an interest in the Savannah area … the market is very intriguing to us,” said Pell.
Atlanta-based developer Ben Carter broke ground on the project last September, promising a host of upscale boutique outlet stores new to the Savannah area, with some overlap from retailers found at Tanger Outlets in Bluffton and Charleston. It was unclear what role Carter would play going forward.
According to previous coverage by Savannah Morning News, Carter had secured leases for 70 percent of the 560,000-square-foot facility. The mall is scheduled to open in spring of 2015.
A raft of other agreements was also filed as part of last week’s deal — from sewer lines to signage to access roads.
Commercial realtors with knowledge of the venture said bringing in a partner like Tanger would help secure more financing and control risk.
It also was suggested Tanger’s strong reputation would give more credibility to the project, attracting more retailers and solidifying growth in that area, which has already experienced a construction boom.
Tanger Outlet Centers operate 43 shopping malls in 26 states and Canada, representing 400 brand-name factory outlet stores, according to its website.
Sunday, January 19, 2014
Tanger Outlets expansion approval delayed
 |
| (Park Record file photo) |
Request is for additional 23,500 square feet
A decision on the requested addition of 23,500 square feet at the Tanger Outlets was delayed until next week by the Summit County Council. Both Council members and members of the public had concerns over $50,000 in gift cards the developers had proposed to grant as a community incentive.
The expansion is part of a brand new Specially Planned Area (SPA), as the original SPA for the Tanger Outlets had expired. The Council came out in support of the expansion but could not vote to approve it Wednesday because of issues with the developers' community incentives, which include:
$268,721 fee-in-lieu for workforce housing
10-foot-wide right-of-way donation along Kilby Road/Landmark Drive ($39,180)
Millennium Trail realignment ($57,000)
$50,000 worth of gift card donations to the Peace House
$169,140 for Chamber Maxx corrugated arch system (used for extra runoff control and purification)
Council member Claudia McMullin questioned whether the community incentives, which are required for the development approval and total $584,041, would be sufficient without the $50,000 in gift cards to the Peace House.
During the public hearing, Jeremy Ranch resident Josh Mann said he was in support of the Tanger Outlets expansion, saying the stores are "clean, comfortable and bring in a lot of sales taxes." However, he also came out in opposition to the gift cards.
"I think it sets a dangerous precedent to put that there," Mann said. "I wish [the developers] would just give the $50,000 to the Peace House, but not like this."
Near the end of the meeting, the developers offered to remove the $50,000 in gift cards to the Peace House. David Rose, the representative for Tanger Outlets, said the gift cards were part of a broader effort of charitable efforts on Tanger's behalf.
"The purpose behind the [community] benefits is affordable housing," Rose said. "This was an attempt to help the people [at the Peace House]."
Council member Kim Carson worried that the gift card issue could lead to a "slippery slope" and questioned which entity gets to decide which charity community incentives are given to.
There was also confusion among the Council members about whether Tanger could provide workforce housing through a fee-in-lieu. The developers suggested they could grant the Peace House a parcel of land, which they could either sell or use to develop transitional housing.
The Council is scheduled to take up the issue again at next week's meeting, when it will be expected to approve it with some changes to the community incentives.
To view Tanger Outlets' application for the 23,500 square foot expansion, visit summitcounty.org and under 'Government' click on 'Public Notices,' select 'County,' 'Summit County' and then 'Summit County Council' and download the packet for the Jan. 15 agenda.
Monday, December 9, 2013
Tanger Outlets Park City could expand
Aaron Osowski, The Park Record Posted: 12/03/2013 04:12:03 PM MST
An expansion could be in the works for the Tanger Outlets if Summit County comes to a new development agreement to accommodate the project. The expansion is set to be part of a public hearing at next week's Snyderville Basin Planning Commission meeting on Dec. 10.
The total requested expansion is 23,500 feet, to be divided into 21,270 square feet of gross leasable area and 2,230 square feet of storage space, according to Summit County Planner Amir Caus.
Originally approved and built as the Factory Store Outlet in 1985 with 208,669 square feet of density, the Tanger Outlets was part of a Specially Planned Area (SPA), located in a Town Center Zone.
Through the SPA process, 106,835 square feet was added in 1999 through provisions in the Snyderville Basin Development Code.
Because the old SPA agreement expired, the developers were required to go through a new SPA process, Caus said, but only for the proposed expansion areas of the project.
In order to be allowed to go above the base zone density for the area, Caus said Tanger is required to provide community incentives along with the expansion. That includes providing 8.617 units of affordable housing, which Tanger will fund through a fee-in-lieu payment.
In addition to the affordable housing units, Caus said Tanger is also proposing to add $269,637 as a community incentive to be contributed to transitional housing for the Peace House. The Summit County Council, however, is the final authority on how any funds will be assigned.
Peace House Executive Director Jane Patten said Tanger initially approached them to see if they were interested in being the recipients of the community incentive funds. She said the Peace House is "desperately in need" of transitional housing and this could represent the "first seed planted" for it in the community.
Patten said the Peace House has an emergency shelter located in Park City, but that such a resource is not always the greatest in helping people get back on their feet.
"It's difficult for a family staying in an emergency shelter to find a place to live in the community while they're trying to get a job and stay self-sufficient," Patten said. "Transitional housing creates that extra time for them to get on their feet and move forward with their lives."
Caus said planning staff have been working on Tanger's expansion application since October 2011, but have had difficulties with the lack of community incentives that the developers had proposed.
Depending on forthcoming design requirements that have yet to be finalized, Caus said staff is likely to forward a positive recommendation on the project. Additional community incentives, he added, include some environmental improvements to the design.
Patten said she does not know where the potential transitional housing would be located but said the Peace House would be searching for land. She said she "would love it" if someone would donate land and added it would not have to be in Park City but preferably on or near a bus route.
The Peace House has been in favor of the expansion, Patten said, and is pleased that the Tanger Outlets is willing to donate community incentive funds to their efforts.
"The Tanger Outlets want to be community partners and have really made the effort to show that in their interest in doing this," Patten said.
The Snyderville Basin Planning Commission will conduct a public hearing regarding the Tanger Outlets expansion on Tuesday, Dec. 10, at 6 p.m. at the Sheldon Richins Building, 1885 W. Ute Boulevard. For more information, contact Amir Caus at 435-336-3117 or at acaus@summitcounty.org.
An expansion could be in the works for the Tanger Outlets if Summit County comes to a new development agreement to accommodate the project. The expansion is set to be part of a public hearing at next week's Snyderville Basin Planning Commission meeting on Dec. 10.
The total requested expansion is 23,500 feet, to be divided into 21,270 square feet of gross leasable area and 2,230 square feet of storage space, according to Summit County Planner Amir Caus.
Originally approved and built as the Factory Store Outlet in 1985 with 208,669 square feet of density, the Tanger Outlets was part of a Specially Planned Area (SPA), located in a Town Center Zone.
Through the SPA process, 106,835 square feet was added in 1999 through provisions in the Snyderville Basin Development Code.
Because the old SPA agreement expired, the developers were required to go through a new SPA process, Caus said, but only for the proposed expansion areas of the project.
In order to be allowed to go above the base zone density for the area, Caus said Tanger is required to provide community incentives along with the expansion. That includes providing 8.617 units of affordable housing, which Tanger will fund through a fee-in-lieu payment.
In addition to the affordable housing units, Caus said Tanger is also proposing to add $269,637 as a community incentive to be contributed to transitional housing for the Peace House. The Summit County Council, however, is the final authority on how any funds will be assigned.
Peace House Executive Director Jane Patten said Tanger initially approached them to see if they were interested in being the recipients of the community incentive funds. She said the Peace House is "desperately in need" of transitional housing and this could represent the "first seed planted" for it in the community.
Patten said the Peace House has an emergency shelter located in Park City, but that such a resource is not always the greatest in helping people get back on their feet.
"It's difficult for a family staying in an emergency shelter to find a place to live in the community while they're trying to get a job and stay self-sufficient," Patten said. "Transitional housing creates that extra time for them to get on their feet and move forward with their lives."
Caus said planning staff have been working on Tanger's expansion application since October 2011, but have had difficulties with the lack of community incentives that the developers had proposed.
Depending on forthcoming design requirements that have yet to be finalized, Caus said staff is likely to forward a positive recommendation on the project. Additional community incentives, he added, include some environmental improvements to the design.
Patten said she does not know where the potential transitional housing would be located but said the Peace House would be searching for land. She said she "would love it" if someone would donate land and added it would not have to be in Park City but preferably on or near a bus route.
The Peace House has been in favor of the expansion, Patten said, and is pleased that the Tanger Outlets is willing to donate community incentive funds to their efforts.
"The Tanger Outlets want to be community partners and have really made the effort to show that in their interest in doing this," Patten said.
The Snyderville Basin Planning Commission will conduct a public hearing regarding the Tanger Outlets expansion on Tuesday, Dec. 10, at 6 p.m. at the Sheldon Richins Building, 1885 W. Ute Boulevard. For more information, contact Amir Caus at 435-336-3117 or at acaus@summitcounty.org.
Recount preserves Berkshire Township vote on Tanger outlet center land
Brian R. Ball Staff reporter-Business First Dec 3, 2013, 2:39pm EST
The last recount of the Berkshire Township vote on the rezoning for the outlet center did not change the outcome of the Nov. 5 vote, essentially clearing the way for Tanger Factory Outlet Centers (NYSE:SKT) and Simon Property Group (NYSE:SPG) to sign up tenants for the project.
Opponents of the measure asked the Delaware County Board of Elections to recount the 580-560 tally in the official vote count, hoping to find 11 votes to turn the tide. Alas, the count didn’t change.
“It’s no deviation from our original canvas,” Elections Services Manager Ross McDonald told me this afternoon.
The vote recount took place Nov. 25 during my extended Thanksgiving break.
We previously reported that Tanger and Simon could begin construction of the outlet mall in the summer.
The last recount of the Berkshire Township vote on the rezoning for the outlet center did not change the outcome of the Nov. 5 vote, essentially clearing the way for Tanger Factory Outlet Centers (NYSE:SKT) and Simon Property Group (NYSE:SPG) to sign up tenants for the project.
Opponents of the measure asked the Delaware County Board of Elections to recount the 580-560 tally in the official vote count, hoping to find 11 votes to turn the tide. Alas, the count didn’t change.
“It’s no deviation from our original canvas,” Elections Services Manager Ross McDonald told me this afternoon.
The vote recount took place Nov. 25 during my extended Thanksgiving break.
We previously reported that Tanger and Simon could begin construction of the outlet mall in the summer.
Thursday, December 5, 2013
Foxwoods mall will miss Christmas 2014
"Tanger expects to grand open Tanger Outlets at Foxwoods in the first half of 2015," said Charles Worsham, vice president of development for Tanger Outlet Centers.
That's a disappointment to Foxwoods, which had hoped to open the doors in time to capture the seasonal rush of shoppers.
While Tanger officials view their first casino-related development as an experiment, Foxwoods officials are more certain that there's synergy in the marriage of destination retail and destination gaming.
Foxwoods CEO Scott Butera has deep Las Vegas ties and is quick to point to the litany of successful retail ventures in and around casino properties in Sin City — the Forum Shops at Caesar's Palace, the Grand Canal Shops at the Venetian and a pair of outlet malls that bracket each end of the famed Strip.
In his three years of trying to remake the debt-heavy Foxwoods, Butera has been focused on developing as many options as possible for the resorts guests. He's expanded the restaurant choices, renovated the resort's 2,200 rooms and updated the gaming floor at North America's largest casino.
To Butera, adding destination shopping is a natural. He explained the average guest travels 50 to 150 miles to get to Foxwoods and stays one to three days.
Having high-end shopping on site should enhance the experience and could add a day to the stay, he said.
In reaching a land-lease arrangement with a major national player like Tanger, Butera said he's confident Foxwoods has found a win-win proposition.
Tanger is a well-known brand in Connecticut and operates Tanger Outlets at Westbrook, just 35 miles from the Mashantucket Pequot reservation and Foxwoods. Tanger officials declined to directly address the strategy of locating two malls so close together, pointing to a statement by Steven B. Tanger, president and chief executive officer of Tanger Factory Outlet Centers Inc.
"We are excited to begin construction on our first outlet center connected to a casino and look forward to bringing the Tanger Outlets shopping experience to Foxwoods' visitors as well as to many Connecticut residents," said Tanger. "We plan to deliver designer and brand name outlet stores to this exciting tourist destination. Foxwoods is a compelling location for our top retail partners who are looking to expand into new markets and reach new customers."
Worsham also pointed out that "We ended our third quarter this year with a 98.7 percent occupancy rate and our brand is more relevant than ever as we continue to deliver a great outlet experience to our customers and tenants."
Plans call for 300,000 square feet of retail space directly attached to the Foxwoods casino. Tanger officials expect to have about 80 stores on opening day.
"At the ground breaking ceremony in September, we introduced great name brands like Calvin Klein, Coach, Fossil, Gap, LOFT, Michael Kors, Nike, Skechers, Steve Madden and Tommy Hilfiger," Worsham said.
It will be awhile before the structure starts rising, Worsham added.
"The general contractor is Standard Builders and we are in the process of putting the various trades out to bid," he said.
Monday, November 25, 2013
Opening day of Tanger Outlets at National Harbor lures shoppers before dawn
 |
| picture from Washington Post |
The grand opening of Tanger Outlets at National Harbor was scheduled for 9 a.m. Friday, but some eager shoppers began their vigil long before sunrise. In fact, many said they had waited a lifetime for the brand-name stores that had bypassed Prince George’s County.
“I can stay in the county that I live in and spend my money,” said Sabrina Davis, 46, of Accokeek, Md., who arrived about 8 a.m.
The new stores, many still smelling of fresh paint, played host to residents who had taken off the day — or at least the morning — to see what the open-air center had to offer.
There are 80 stores, among them designer-brand outlets including Calvin Klein, Michael Kors, Cole Haan and Coach.
There are covered and uncovered landscaped courtyards where shoppers can take a break while working their way through the $100 million, 340,000-square-foot center.
There are jobs: The mall, almost 99 percent leased, added 900 full- and part-time retail jobs to the county.
And there was traffic.
Some civic leaders and neighbors had opposed the shopping center, worrying about increased traffic in an area known for having some of the worst gridlock in Prince George’s. On Friday, even before the mall opened, traffic backed up from Harborview Avenue onto Oxon Hill Road, with morning commuters sharing the road with shoppers.
About 80 county police officers were in the area directing traffic. By the time Tanger Outlets opened, most of its 4,000 open-air parking spots were filled. So as traffic crawled along Oxon Hill Road, they started sending cars to nearby National Harbor, about a mile away on the banks of the Potomac River.
Mall officials said they expect 75,000 to 100,000 shoppers over the weekend.
Many residents got an early look at the retail space during a pre-opening event Thursday night. Sam Pipkin of Accokeek, a budget officer at Fort Belvoir, stopped there when he saw cars going in. He saved about $30 on a pair of casual shoes at G.H. Bass.
Residents in the majority African American county have long complained of being snubbed by commercial businesses, even though Prince George’s is home to some of the nation’s most affluent and highly educated black residents. County leaders say Tanger Outlets will make the county more competitive in the regional retail market as well as signal the county’s continuing transformation and climb toward economic equality.
It’s estimated that the center will bring an additional $6.5 million in annual sales tax revenue for Maryland and gross $1 million in property tax revenue for the county.
“This really is what we said the new Prince George’s County is,” County Executive Rushern L. Baker III (D) said while walking outside the gleaming storefronts during Thursday night’s reception. “For the first time in probably 25 to 30 years, people can actually come to Prince George’s County to shop, eat and be entertained.”
County Council member Obie Patterson (D-Fort Washington) said that despite traffic concerns, many residents are happy to have the mall in their back yard.
Gwen S. McCall, president and chief executive of the Prince George’s County Economic Development Corp., said the outlet mall “will send a message to the broader retail community that they should consider Prince George’s County.”
“And it will make it easier for us to be able to pitch to retailers to try to get them to consider their business here,” she added.
People who came out for the grand opening were given a 20 percent discount pass good at several stores in the mall, which revved up employees as well as customers.
“I love outlet malls!” exclaimed Margo Bonner, 51, a taxi driver from Upper Marlboro. She took the day off and arrived at 7:20 a.m. to be one of the first at the mall.
“Yeah, baby — I am so excited!”
Tuesday, November 19, 2013
Faulty valve, gas leak, brief evacuation at Tanger Outlets Riverhead
 |
| RiverheadLOCAL photos by Peter Blasl |
A block of stores at Tanger Outlets in Riverhead was briefly evacuated this afternoon due to a gas leak.
Riverhead Police ordered the evacuation of suits 600 through 607 in Tanger I at about 12:15 p.m. today.
A mechanical failure on a gas valve caused the leak, Riverhead Fire Marshal Dave Andruskiewicz said at the scene.
Riverhead Fire Department responded to the call about an odor of gas at the busy outlet center and determined there was a leak behind the Eddie Bauer store, suite 602A.
National Grid was called to the outlet mall to shut the gas supply down. Within the hour, employees and shoppers were allowed back inside all the stores except the Eddie Bauer outlet, which remained closed while workers replaced the valve.
Sunday, November 17, 2013
Tanger Outlets National Harbor Grand Opening Friday, November 22
GREENSBORO, N.C., Nov. 14, 2013 /PRNewswire via COMTEX/ -- Tanger Factory Outlet Centers, Inc. SKT +0.57% announced today that Tanger Outlets National Harbor will celebrate its sparkling Grand Opening on Friday, November 22, offering shoppers in the metro D.C. area a fashionable new destination for savings on the season's hottest trends and gifts, direct from popular brand name and designer retailers.
"We are looking forward to unveiling our latest property and exceeding customer expectations with our unique TangerSTYLE shopping experience to kick off this holiday season," said Steven B. Tanger, President and CEO of Tanger Factory Outlets. "Tanger customers living in or visiting the metro D.C. area will discover a best in class shopping atmosphere with sought after brands, the latest fashion trends and incredible savings that come direct from the manufacturer."
The exciting line up of outlet stores will include: White House Black Market, Calvin Klein, Gap, Halston Heritage, American Eagle Outfitters, Tommy Hilfiger, Banana Republic, Theory, Elie Tahari, Brooks Brothers, Aeropostale, Coach, Hugo Boss, J. Crew, Peter Millar, Diane von Furstenberg, Le Creuset and many more.
The 340,000-square-foot upscale outlet center is located just minutes from the nation's capital. Tanger Outlets National Harbor is easily accessible from the Capital Beltway, I-95, I-495, I-295 and the new Woodrow Wilson Bridge, and is minutes away from all three area airports. There are interchange and multi-lane fly-off ramps exiting exclusively into the community from Maryland, Virginia and D.C.
"The world of retail is constantly evolving and our collaboration with Tanger Outlets will dramatically raise the bar on the outlet shopping experience throughout the region," said Taylor O. Chess, President of Retail for Peterson Companies. "The addition of Tanger Outlets to the diverse experiences available at National Harbor is an important element of Milt Peterson's vision of a world-class resort destination on the banks of the Potomac."
The region's economy will be provided a significant economic boost from the opening of Tanger Outlets National Harbor through sales and property tax revenues as well as the creation of more than 900 full and part-time retail management and sales positions.
"The opening of the Tanger Outlets National Harbor will have a major economic impact on Prince George's County and the State of Maryland. These outlets will attract regional visitors, offer wonderful opportunities for our residents to 'shop local,' and, most importantly, create jobs for thousands of Prince George's County citizens," said Prince George's County Executive Rushern L. Baker, III. "I commend Tanger Outlets on their timely choice to open in Prince George's County, invest in our residents, and bring more retail variety to our community as we start this year's holiday shopping season. This outlet will add another destination to Prince George's diverse mix of great attractions for people from around the country to enjoy while visiting the Washington, DC region.
In keeping with Tanger Outlets' commitment to supporting the local communities around its centers and children's causes, the Grand Opening of Tanger Outlets National Harbor will benefit the Washington Redskins Charitable Foundation to make a positive and measurable impact on youth development in the greater Washington, D.C. region in the areas of education, community outreach, and health and wellness.
"The Washington Redskins Charitable Foundation is happy to partner with Tanger Outlets National Harbor for their Grand Opening Celebration," said Jane Rodgers, Executive Director, Washington Redskins Charitable Foundation. "The generous support provided to the Foundation through the Grand Opening Gala will allow our programs to make a greater impact on youth in the Prince George's County community."
Grand Opening Schedule:
To celebrate and welcome shoppers, the center will host a weekend of spectacular holiday opening activities. Special events and entertainment will include:
-- Stores Open When: Friday, November 22 at 9:00 AM
-- Official Ribbon-Cutting Ceremony When: Friday, November 22 at 10:00 AMSpeakers: Steven B. Tanger, President and CEO of Tanger Outlets, Milt Peterson, Chairman Peterson Companies, and local dignitaries.
-- Holiday Fireworks presentation and Music ShowWhen: Friday Evening, November 22 7:00 PM - 10:00 PMHoliday musical performances throughout Grand Opening weekendFashionably Sparkling Photo Booth
About Tanger Factory Outlet Centers, Inc.:
Tanger Factory Outlet Centers, Inc. SKT +0.57% is a publicly-traded REIT headquartered in Greensboro, North Carolina that operates and owns, or has an ownership interest in, a portfolio of 43 upscale outlet shopping centers in 26 states coast to coast and in Canada, totaling approximately 12.9 million square feet leased to over 2,700 stores operated by more than 470 different brand name companies. More than 180 million shoppers visit Tanger Factory Outlet Centers annually. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the company's web site at www.tangeroutlet.com.
About Peterson
Peterson Companies is one of the largest privately owned real estate development companies in the Washington, D.C. region and offers fully-integrated development and management services for commercial, office, residential and retail real estate. The company is responsible for some of the most prominent and successful mixed-use retail, residential and office developments in Northern Virginia and Maryland including National Harbor, Virginia Gateway, Downtown Silver Spring, Washingtonian Center, Fairfax Corner, Fair Lakes, Burke Centre and Tysons McLean Office Park. Founded by Milt Peterson over 30 years ago, the company has an extensive two million square foot development pipeline throughout the Washington, DC region. For more information about the company, please visit www.petersoncos.com.
Contact:Quentin PellDirector of CommunicationsTanger Outletsquentin.pell@tangeroutlets.com
SOURCE Tanger Factory Outlet Centers, Inc. - MarketWatch.com
RELATED POSTS
"We are looking forward to unveiling our latest property and exceeding customer expectations with our unique TangerSTYLE shopping experience to kick off this holiday season," said Steven B. Tanger, President and CEO of Tanger Factory Outlets. "Tanger customers living in or visiting the metro D.C. area will discover a best in class shopping atmosphere with sought after brands, the latest fashion trends and incredible savings that come direct from the manufacturer."
The exciting line up of outlet stores will include: White House Black Market, Calvin Klein, Gap, Halston Heritage, American Eagle Outfitters, Tommy Hilfiger, Banana Republic, Theory, Elie Tahari, Brooks Brothers, Aeropostale, Coach, Hugo Boss, J. Crew, Peter Millar, Diane von Furstenberg, Le Creuset and many more.
The 340,000-square-foot upscale outlet center is located just minutes from the nation's capital. Tanger Outlets National Harbor is easily accessible from the Capital Beltway, I-95, I-495, I-295 and the new Woodrow Wilson Bridge, and is minutes away from all three area airports. There are interchange and multi-lane fly-off ramps exiting exclusively into the community from Maryland, Virginia and D.C.
"The world of retail is constantly evolving and our collaboration with Tanger Outlets will dramatically raise the bar on the outlet shopping experience throughout the region," said Taylor O. Chess, President of Retail for Peterson Companies. "The addition of Tanger Outlets to the diverse experiences available at National Harbor is an important element of Milt Peterson's vision of a world-class resort destination on the banks of the Potomac."
The region's economy will be provided a significant economic boost from the opening of Tanger Outlets National Harbor through sales and property tax revenues as well as the creation of more than 900 full and part-time retail management and sales positions.
"The opening of the Tanger Outlets National Harbor will have a major economic impact on Prince George's County and the State of Maryland. These outlets will attract regional visitors, offer wonderful opportunities for our residents to 'shop local,' and, most importantly, create jobs for thousands of Prince George's County citizens," said Prince George's County Executive Rushern L. Baker, III. "I commend Tanger Outlets on their timely choice to open in Prince George's County, invest in our residents, and bring more retail variety to our community as we start this year's holiday shopping season. This outlet will add another destination to Prince George's diverse mix of great attractions for people from around the country to enjoy while visiting the Washington, DC region.
In keeping with Tanger Outlets' commitment to supporting the local communities around its centers and children's causes, the Grand Opening of Tanger Outlets National Harbor will benefit the Washington Redskins Charitable Foundation to make a positive and measurable impact on youth development in the greater Washington, D.C. region in the areas of education, community outreach, and health and wellness.
"The Washington Redskins Charitable Foundation is happy to partner with Tanger Outlets National Harbor for their Grand Opening Celebration," said Jane Rodgers, Executive Director, Washington Redskins Charitable Foundation. "The generous support provided to the Foundation through the Grand Opening Gala will allow our programs to make a greater impact on youth in the Prince George's County community."
Grand Opening Schedule:
To celebrate and welcome shoppers, the center will host a weekend of spectacular holiday opening activities. Special events and entertainment will include:
-- Stores Open When: Friday, November 22 at 9:00 AM
-- Official Ribbon-Cutting Ceremony When: Friday, November 22 at 10:00 AMSpeakers: Steven B. Tanger, President and CEO of Tanger Outlets, Milt Peterson, Chairman Peterson Companies, and local dignitaries.
-- Holiday Fireworks presentation and Music ShowWhen: Friday Evening, November 22 7:00 PM - 10:00 PMHoliday musical performances throughout Grand Opening weekendFashionably Sparkling Photo Booth
About Tanger Factory Outlet Centers, Inc.:
Tanger Factory Outlet Centers, Inc. SKT +0.57% is a publicly-traded REIT headquartered in Greensboro, North Carolina that operates and owns, or has an ownership interest in, a portfolio of 43 upscale outlet shopping centers in 26 states coast to coast and in Canada, totaling approximately 12.9 million square feet leased to over 2,700 stores operated by more than 470 different brand name companies. More than 180 million shoppers visit Tanger Factory Outlet Centers annually. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the company's web site at www.tangeroutlet.com.
About Peterson
Peterson Companies is one of the largest privately owned real estate development companies in the Washington, D.C. region and offers fully-integrated development and management services for commercial, office, residential and retail real estate. The company is responsible for some of the most prominent and successful mixed-use retail, residential and office developments in Northern Virginia and Maryland including National Harbor, Virginia Gateway, Downtown Silver Spring, Washingtonian Center, Fairfax Corner, Fair Lakes, Burke Centre and Tysons McLean Office Park. Founded by Milt Peterson over 30 years ago, the company has an extensive two million square foot development pipeline throughout the Washington, DC region. For more information about the company, please visit www.petersoncos.com.
Contact:Quentin PellDirector of CommunicationsTanger Outletsquentin.pell@tangeroutlets.com
SOURCE Tanger Factory Outlet Centers, Inc. - MarketWatch.com
RELATED POSTS
National Harbor: Tanger Outlets project has Black Friday deadline
Wednesday, November 13, 2013
Tanger Outlets at Calaway proposed for Springbank area
Residents are invited to meet the developers of a new outlet mall proposed for a piece of land owned by Calalta Amusements Ltd., located beside Calaway Park in Springbank.
On Nov. 13, representatives of Riocan and Tanger - the projects developers - which have similar-style malls across Canada and the United States, will be presenting the proposed concept for the mall at the Edge School for Athletes in Springbank from 6:30 to 8:30 p.m. The mall will be called Tanger Outlets at Calaway.
Charles Worsham, vice president of development for Tanger Outlets Centre, said the plan is for the mall to have a total footprint of 350,000 square feet.
The complex will have nine retail buildings within the site’s central portion, housing about 80 factory outlet retailers, and parking areas will surround the outside.
“The buildings will include a variety of different sizes and shapes, some occupied by single tenants with others housing multiple tenants. Shops and boutiques will be interspersed with cafes and supportive services,” stated Worsham.
“Building heights and facades will vary and the internal pedestrian streetscape area will be animated with plazas, patios and outdoor activities,” he added.
According to Bob Williams, general manager of Calalta Amusements Ltd., the company secured land-use approval by Rocky View County (RVC) in 1996 to develop a factory outlet on the land, but hadn’t started the project until recently.
“We didn’t proceed because the climate and the appetite in the industry wasn’t good at the time. But now we’re endorsing Tanger and Riocan to take on the project because we think it’s viable,” said Williams, adding he believes the developers have “a track record of success in the industry.”
Williams and the developers both said that the location will add a “unique shopping experience” to the existing amusement park location, making it “a tourist destination.”
“We see this as a net benefit to the overall Calgary market and it reinforces the destination of Calaway providing an interesting environment for people’s shopping experience. It’s something unique and something different, from the brands that will be there to the physical environment,” said Worsham.
“From what research has shown over the years, we know that shopping and attractions work well together. People go to where there’s clusters,” said Williams.
If approved, Tanger Outlets at Calaway will be the second major shopping centre in the area. Bingham Crossing, an 80-acre commercial and seniors housing development project, was given land-use re-designation and conceptual scheme approval by RVC council last year. It will be located kitty-corner to Calaway Park.
Williams said he doesn’t think the two developments will be in competition.
“Each are proposing different ideas,” he said.
The developers aim to begin construction on Tanger Outlets at Calaway in 2014 and open in 2015.
“Given the existing approvals in place, we are optimistic about the ability to move forward with the project,” stated Worsham, adding that an application for the project has already been submitted to RVC and the developers are anticipating a public hearing in early 2014.
The developers estimate Tanger Outlets at Calaway will employ about 1,000 people, mainly on a part-time basis, and generate about $900,000 annually in additional tax revenue for the county.
Tuesday, November 12, 2013
Berkshire voters allow rezoning for outlet mall
By MELISSA DILLEY ThisWeek Community News Wednesday November 6, 2013 2:30 AM
With the blessing of Berkshire Township voters, Simon Property Group and Tanger Outlets will move forward in building a 400,000-square-foot outlet mall on 208 acres just off the U.S. Route 36-state Route 37 interchange with Interstate 71.
Berkshire Township voters Tuesday, Nov. 5, were asked to cast their ballots on a referendum that, if upheld, would have overturned the zoning that was approved by the township zoning commission in May.
Township trustees in June voted 1-1 on the application, upholding the commission’s decision.
Unofficial final results show the referendum was narrowly defeated, with 576 “yes” votes (51 percent). The referendum received 551 “no” votes (49 percent).
Those who promoted the successful “yes” vote did so under the belief that Simon-Tanger could have the land annexed into Columbus or Sunbury if the referendum were upheld. That would have meant the mall could be built on the same land, but any taxes and zoning associated with the mall would be in the hands of the annexing municipality.
Many who backed the opposing side rebuked claims annexation was imminent.
The defeated effort was funded by Horizon Group Properties, which in February received rezoning approval for 108 acres off Smith’s Mill and Beech roads in New Albany to build the Outlet Shoppes at Columbus.
A press release issued by Simon-Tanger following the announcement of the election results said the property will be developed with residents in mind and the opinions of the members of the Berkshire Township Citizens Advisory Group will be considered.
“We are pleased with the referendum vote and will continue to work hard to provide a shopping experience that will make the community proud,” the press release said.
“We will continue to be an active part of the community as we share the common goal to support and improve the quality of life for which Berkshire Township is known.
“We have appreciated the input received from community members to date, and we will continue to solicit feedback and input through ongoing advisory board meetings. As always, we will keep the results of those meetings posted along with periodic progress updates on this public website: tangeroutlet.com/berkshire.
Simon-Tanger has said construction on the mall will start in the spring with a projected opening in summer 2015. It has estimated the outlet mall would employ about 800 workers and bring in close to $2 million in annual property taxes.
No announcement has been made as to what stores will be featured at the mall.
RELATED POSTS:
With the blessing of Berkshire Township voters, Simon Property Group and Tanger Outlets will move forward in building a 400,000-square-foot outlet mall on 208 acres just off the U.S. Route 36-state Route 37 interchange with Interstate 71.
Berkshire Township voters Tuesday, Nov. 5, were asked to cast their ballots on a referendum that, if upheld, would have overturned the zoning that was approved by the township zoning commission in May.
Township trustees in June voted 1-1 on the application, upholding the commission’s decision.
Unofficial final results show the referendum was narrowly defeated, with 576 “yes” votes (51 percent). The referendum received 551 “no” votes (49 percent).
Those who promoted the successful “yes” vote did so under the belief that Simon-Tanger could have the land annexed into Columbus or Sunbury if the referendum were upheld. That would have meant the mall could be built on the same land, but any taxes and zoning associated with the mall would be in the hands of the annexing municipality.
Many who backed the opposing side rebuked claims annexation was imminent.
The defeated effort was funded by Horizon Group Properties, which in February received rezoning approval for 108 acres off Smith’s Mill and Beech roads in New Albany to build the Outlet Shoppes at Columbus.
A press release issued by Simon-Tanger following the announcement of the election results said the property will be developed with residents in mind and the opinions of the members of the Berkshire Township Citizens Advisory Group will be considered.
“We are pleased with the referendum vote and will continue to work hard to provide a shopping experience that will make the community proud,” the press release said.
“We will continue to be an active part of the community as we share the common goal to support and improve the quality of life for which Berkshire Township is known.
“We have appreciated the input received from community members to date, and we will continue to solicit feedback and input through ongoing advisory board meetings. As always, we will keep the results of those meetings posted along with periodic progress updates on this public website: tangeroutlet.com/berkshire.
Simon-Tanger has said construction on the mall will start in the spring with a projected opening in summer 2015. It has estimated the outlet mall would employ about 800 workers and bring in close to $2 million in annual property taxes.
No announcement has been made as to what stores will be featured at the mall.
RELATED POSTS:
Destiny of outlet mall now up to township electorate
Wednesday, October 30, 2013
Destiny of outlet mall now up to township electorate
By MELISSA DILLEY ThisWeek Community News Sunday October 27, 2013 9:39 PM
But 'no' vote Nov. 5 won't necessarily nix planned mall for good
A referendum that could overturn the zoning of a proposed outlet mall off Interstate 71's Sunbury-Delaware exit has pitted Berkshire Township residents against one another.
On Election Day, township voters will be asked to vote "yes" to allow the rezoning of 208 acres off the U.S. Route 36-state Route 37 interchange with I-71, where Simon Property Group and Tanger Outlets plan to build a 400,000-square-foot outlet mall.
A "no" vote on the measure would overturn the zoning that was approved by both the township zoning commission and township trustees earlier this year.
Support for both sides has mounted since the referendum was approved in August by the Delaware County Board of Elections.
"The 'no' vote is a fallacy," said Alan Gilbert. "We don't have the ability to say we're not going to have an outlet mall."
Gilbert created a Facebook page called "The Meaningless Beanfield" that, for both sides, has served as a source of information on the outlet mall and the issues surrounding it. He also is a member of the Berkshire Township Citizens Advisory Group that Tanger/Simon created to allow residents to weigh in on development of the mall.
"We believe that one way or another, there is a high likelihood that they're going to build a mall in Berkshire Township; they will find a way," Gilbert said. "If it's inevitable, we want to have a voice in how they develop it."
Those who are promoting a "yes" vote are doing so under the belief that Tanger/Simon could annex into Columbus or Sunbury if the referendum is upheld Nov. 5, Gilbert said. That could mean the mall would be built on the same land, but any taxes and zoning associated with the mall would be in the hands of the annexing municipality.
Based on the "Frequently Asked Questions" section of the Tanger Outlets website that describes the Berkshire project, fears of annexation aren't unfounded.
"There are other options to develop at this interchange, and we will remain committed to building at this location," according to the website. "These other options have not been considered as we are confident a majority of the residents support the rezoning and the benefits of new development. A first option would be to annex to either Sunbury or Columbus."
Tanger Outlets spokesman Quentin Pell said in an email to ThisWeek Delaware News that the developers have not contacted other municipalities about annexation.
Businesses in the area, including A.D. Farrow Harley-Davidson and McDonald's, have shown support for the outlet mall for other reasons. The businesses that have displayed signs reading "Vote Yes for Jobs" hope an outlet mall will equal an increase in customers and allow them to hire additional employees.
Tanger/Simon has said construction on the mall would start in the spring with a projected opening in summer 2015. It has projected the outlet mall would employ about 800 workers.
Rick Bowman said the additional traffic a mall would bring was his reason for leading the petition for the referendum.
"An outlet mall and everything that is going to come with it does not fit our rural character," he said. "It's really going to change our area and it's going to make it difficult if not impossible to get on or off that freeway."
The group that's banded together to promote a "no" vote is being backed by Horizon Group Properties, which in February received rezoning approval for 108 acres off Smith's Mill and Beech roads in New Albany. Although there is speculation that an outlet mall is planned for the land that was rezoned for commercial and retail uses, no formal proposals have been submitted with New Albany.
Bowman said it's "sad" that those in favor of the mall have resorted to what he calls "scare tactics" to encourage "yes" votes.
"There are a lot of people who think they have to vote 'yes' and we have to have a mall because there is the possibility of annexation, and it's a shame," Bowman said.
Longtime township Trustee Bill Holtry hasn't said which side he'll support at the polls, but he has made sure residents know the facts about annexation.
At a recenttrustees meeting, he presented annexation information that showed 2,058 acres has been annexed from Berkshire Township since 1978. That land has been annexed by Sunbury and Galena.
"Since 2000, we've had over 1,100 acres annexed to other properties, so no one can say annexation is a scare tactic, because it's already happened numerous times," Holtry said. "I have no personal take on whether the mall is a good idea or bad idea; I'm just showing facts."
The ballot issue does not bar against a second outlet mall, proposed by NorthGate, which was denied rezoning on the south side of Routes 36-37. In August, Northgate filed a lawsuit against Berkshire Township, its zoning commission and Township Administrator Jeff George to have the zoning decision reversed.
RELATED POSTS:
But 'no' vote Nov. 5 won't necessarily nix planned mall for good
A referendum that could overturn the zoning of a proposed outlet mall off Interstate 71's Sunbury-Delaware exit has pitted Berkshire Township residents against one another.
On Election Day, township voters will be asked to vote "yes" to allow the rezoning of 208 acres off the U.S. Route 36-state Route 37 interchange with I-71, where Simon Property Group and Tanger Outlets plan to build a 400,000-square-foot outlet mall.
A "no" vote on the measure would overturn the zoning that was approved by both the township zoning commission and township trustees earlier this year.
Support for both sides has mounted since the referendum was approved in August by the Delaware County Board of Elections.
"The 'no' vote is a fallacy," said Alan Gilbert. "We don't have the ability to say we're not going to have an outlet mall."
Gilbert created a Facebook page called "The Meaningless Beanfield" that, for both sides, has served as a source of information on the outlet mall and the issues surrounding it. He also is a member of the Berkshire Township Citizens Advisory Group that Tanger/Simon created to allow residents to weigh in on development of the mall.
"We believe that one way or another, there is a high likelihood that they're going to build a mall in Berkshire Township; they will find a way," Gilbert said. "If it's inevitable, we want to have a voice in how they develop it."
Those who are promoting a "yes" vote are doing so under the belief that Tanger/Simon could annex into Columbus or Sunbury if the referendum is upheld Nov. 5, Gilbert said. That could mean the mall would be built on the same land, but any taxes and zoning associated with the mall would be in the hands of the annexing municipality.
Based on the "Frequently Asked Questions" section of the Tanger Outlets website that describes the Berkshire project, fears of annexation aren't unfounded.
"There are other options to develop at this interchange, and we will remain committed to building at this location," according to the website. "These other options have not been considered as we are confident a majority of the residents support the rezoning and the benefits of new development. A first option would be to annex to either Sunbury or Columbus."
Tanger Outlets spokesman Quentin Pell said in an email to ThisWeek Delaware News that the developers have not contacted other municipalities about annexation.
Businesses in the area, including A.D. Farrow Harley-Davidson and McDonald's, have shown support for the outlet mall for other reasons. The businesses that have displayed signs reading "Vote Yes for Jobs" hope an outlet mall will equal an increase in customers and allow them to hire additional employees.
Tanger/Simon has said construction on the mall would start in the spring with a projected opening in summer 2015. It has projected the outlet mall would employ about 800 workers.
Rick Bowman said the additional traffic a mall would bring was his reason for leading the petition for the referendum.
"An outlet mall and everything that is going to come with it does not fit our rural character," he said. "It's really going to change our area and it's going to make it difficult if not impossible to get on or off that freeway."
The group that's banded together to promote a "no" vote is being backed by Horizon Group Properties, which in February received rezoning approval for 108 acres off Smith's Mill and Beech roads in New Albany. Although there is speculation that an outlet mall is planned for the land that was rezoned for commercial and retail uses, no formal proposals have been submitted with New Albany.
Bowman said it's "sad" that those in favor of the mall have resorted to what he calls "scare tactics" to encourage "yes" votes.
"There are a lot of people who think they have to vote 'yes' and we have to have a mall because there is the possibility of annexation, and it's a shame," Bowman said.
Longtime township Trustee Bill Holtry hasn't said which side he'll support at the polls, but he has made sure residents know the facts about annexation.
At a recenttrustees meeting, he presented annexation information that showed 2,058 acres has been annexed from Berkshire Township since 1978. That land has been annexed by Sunbury and Galena.
"Since 2000, we've had over 1,100 acres annexed to other properties, so no one can say annexation is a scare tactic, because it's already happened numerous times," Holtry said. "I have no personal take on whether the mall is a good idea or bad idea; I'm just showing facts."
The ballot issue does not bar against a second outlet mall, proposed by NorthGate, which was denied rezoning on the south side of Routes 36-37. In August, Northgate filed a lawsuit against Berkshire Township, its zoning commission and Township Administrator Jeff George to have the zoning decision reversed.
RELATED POSTS:
Berkshire Township trustees say no to Delaware County outlet mall
Subscribe to:
Posts (Atom)