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Simon Announces Plan To Build Hartford Premium Outlets®

2015-08-25 09:00 ET - News Release

Filing of Application for Rezoning Begins Approval Process

INDIANAPOLIS, Aug. 25, 2015 /PRNewswire/ -- Simon, a global leader in retail real estate, announced today it submitted earlier this month an Application for Rezoning with the Town of Windsor Locks (CT) Planning and Zoning Commission, beginning its development activities on  Hartford Premium Outlets®.

Simon

Hartford Premium Outlets will be located near the intersection of Route 20 and I-91 on Old Country Road. Phase One of the value shopping landmark will consist of 350,000 square feet of retail space, a Market Hall complete with a variety of dining options, and two notable restaurants on the property's perimeter.

The architectural style of the center will be inspired by Classic Colonial and Connecticut rural architecture, so that the village-like setting will be reminiscent of a Windsor Locks community. Visitors will find numerous pedestrian promenades which will include fountains, art, a children's play area, and an outdoor fireplace.

The project is anticipated to begin construction in fall 2016 with a Grand Opening to occur 13 months after construction start.

"This project will allow Simon Property Group  to create retail space that will lead to hundreds of new jobs for area residents, attract visitors, and boost the overall economic development base for the region," said Governor Dannel P. Malloy.

"We are tremendously excited to bring the world's most recognized and popular brand of upscale outlet shopping to the Hartford area," said Mark Silvestri, Chief Operating Officer of Simon Premium Outlets. "We are off to a solid start – the Town of Windsor Locks has been very supportive and welcoming. This will be a great development."

Simon's other Premium Outlets properties in the region include Clinton Crossing Premium Outlets in Clinton, CT, Wrentham Village Premium Outlets in Wrentham, MA, and Lee Premium Outlets in Lee, MA.

About Simon
Simon is a global leader in retail real estate ownership, management and development and a S&P100 company (Simon Property Group, NYSE:SPG). Our industry-leading retail properties and investments across North America, Europe and Asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales. For more information, visit simon.com.

About Simon Premium Outlets®
The global Simon Premium Outlets portfolio offers exceptional brands at extraordinary savings through a diverse mix of luxury, designer and popular retailers representing the best in fashion, family and home. Our 85 Simon Premium Outlets in the United States, Puerto Rico, Canada, Japan, Malaysia, Mexico and South Korea are some of the most iconic and productive shopping destinations for residents and travelers including Woodbury Common (New York City), Orlando, Desert Hills (Palm Springs), Las Vegas and Wrentham Village Premium Outlets (Boston). For more information visit premiumoutlets.com or follow Premium Outlets on Facebook, Twitter, Instagram and Pinterest.

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SOURCE Simon

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