For Designer Style, It's All Outlet - Value Retail News

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ExpaNSiONS expansions fuel outlet growth Nine expansions in the next two years could add nearly 85,000 m 2 to Europe’s outlet GLA. If most of the expansions planned for existing outlet centers in Europe open, the industry will have to thank McArthurGlen for the increased square footage. The London based developer, Europe’s largest, opened three expansions this year and plans another six in the next two years. Opening this year for MCG: l 7,200-m2 phase 3 at Designer Outlet Roermond (The Netherlands) l 5,300-m2 phase 4 at Deisgner Outlet Parndorf (Austria) l 4,500-m2 phase 2B at La Reggia Designer Outlet, Naples c Planned Expansions to Existing Outlet Centers, 2012-2014 NAME CITy COuNTRy DEVElOPER GlA m 2 GlA sf OPENING Roses Fashion Outlet Zagreb Croatia dayland Group 8,521 92,030 2012 Designer Outlets Wolfsburg Wolfsburg Germany OCI 8,472 91,500 2012 Veneto Designer Outlet Venice Italy mcarthurGlen Group 6,500 70,200 2012 Castel Romano Designer Outlet rome Italy mcarthurGlen Group 8,000 86,400 2012 Barberino Designer Outlet Florence Italy mcarthurGlen Group 6,000 64,800 2012 Festival Park ebbw Vale Wales, UK Chester Properties 25,000 270,000 2012 asset management la Reggia Designer Outlet naples Italy mcarthurGlen Group 6,000 64,800 2013 Swindon Designer Outlet Swindon england mcarthurGlen Group 5,000 54,000 2014 Designer Outlet Roermond düsseldorf Germany mcarthurGlen Group 11,000 118,800 2014 9 expansions 5 countries 4 developers 84,493 m 2 912,530 sf 18 InternAtIOnAl Outlet JOurnAl Fall 2011 OCI’s Designer Outlets Wolfsburg, which opened in 2007, has gotten approvals for an 8,472-m 2 expansion, which will open in 2012. Source: Value Retail News/International Outlet Journal
A New Kind of Destination Destiny USA is a new 2.4 million square foot destination that includes an existing 1.5 million square foot super regional shopping center, luxury outlets, dining and entertainment all under one roof. A Strategic Location. Brands have the opportunity to capture the entire Upstate New York region, along with parts of Canada and Pennsylvania by placing one store at Destiny USA. Over 29 Million Visits. Oxford Economics projects over 29 million annual visits. Your Customers. This unique offering of restaurants, entertainment, full priced retail, and luxury outlets will draw high impact, high spend visitor segments such as university students, regional tourists, Canadian and overseas shoppers. A LEED® Certified Green Building. Be a part of the largest LEED® Certified commercial retail project in the country. Join Our List Of Signed Leading Brands. For more information contact Mark Congel 315-422-7000 markcongel@pyramidmg.com Visit us at DestinyUSA.com Follow us on Twitter @DestinyUSA
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Page 15 and 16: OVER THE TOP UNDER THE RADAR FASHIO
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