A Hampton Inn opens in Gonzales, La., near the Tanger Outlet Center; a water park is slated in Draper, Utah, near the outlet center there; Santa Fe approves a new subdivision near
Fashion Outlets Santa Fe; the proposal to build a $12 million Cambria Suites Hotel moves forward near Tanger’s new project in the Pittsburgh market; Forest City plans a 2.4
million-sf casino near Las Vegas Premium Outlets
News Up Front
Tanger Outlets 4th quarter and 2008 results show stability; ICSC adds “Reconnect Pavilion” to RECon to boost career opportunities for attendees; Phillips-Van Heusen says it
will close 175 stores over the next two to three years; Chelsea reveals most of the new tenancy in its Camarillo expansion, scheduled to open in a few weeks; Horizon Group and Cousins
Properties select a site near Atlanta to develop an outlet center.
DOC&R president David Ober says the outlet industry has been the most profitable division for many retailers and manufacturers for years, so it’s especially disappointing to
see long-time outlet retailers being replaced by real-estate executives with little or no outlet experience.