Outlet mall chooses Steele Creek over Stallings
The planned 100-store, 400,000 square foot outlet mall will not be built in Stallings.
Instead, Simon Property Group will partner with Tanger Factory Outlet Center to build an outlet center in the Steele Creek area of Charlotte.
The Stallings project was announced in early October as a joint venture between Simon and Paragon Outlet Partners. It was to be built at the intersection of I-485 and Idlewild Road. The Charlotte Observer reported that the project would have provided between $175,000 and $200,000 in property and sales tax revenue to the town.
Stalling Mayor Lynda Paxton could not comment on the loss Friday afternoon.
Union County Chamber of Commerce President Sharon Rosché expressed disappointment, but was hopeful for the future.
“We are disappointed from a chamber perspective and personally, I’m a little disappointed because I would like to be able to shop all the time in Union,” Rosché said.
She would like to see more retail in the country, because some of the store “just aren’t here,” she said.
“It would have provided jobs,” Rosché said. “So that would have been a good thing.”
She noted that it would have provided construction, infrastructure, management and retail jobs.
However, Rosché is looking on the bright side.
“I think the good news is that people are looking now and they’re building,” Rosché said. “I think we’ll have other opportunities down the road now.”
Companies are now aware the space is available and can be used for retail.
“I’m excited that we’re even being looked at for these types of projects, I think that’s good news for the community,” Rosché said.
She was confident that the county would eventually attract that type of development.
The new outlet, announced last Wednesday, will be 350,000 square feet and located in Steele Creek, at the intersection of I-485 and Steele Creek Road, according to a statement from Simon.
It will be called the Charlotte Premium Outlets and will house more than 90 stores. The company plans to open the outlet center in 2014.