Latest news with #GaryDuncan
Yahoo
29-01-2025
- Business
- Yahoo
Luxury outlet mall coming to Williamson County
NASHVILLE, Tenn. (WKRN) — Real estate owner/developer Simon announced Wednesday it has agreed to purchase a site in Williamson County to develop a new luxury shopping center known as Nashville Premium Outlets. The outlet mall will be located at the intersection of Interstate 65 and I-840. Simon, which owns and operates Opry Mills and The Mall at Green Hills, is collaborating on this project with Nashville-based AJ Capital Partners. Construction on the 325,000 square foot mixed-use center is expected to begin in 2026. Luxury brand Hermès to open shop in Nashville Plans include 75 retailers, restaurants and a hotel, with the potential to add residential options, big-box retailers and more, according to a release. 'We are excited to bring another premier shopping and lifestyle destination to Nashville, one of our country's most dynamic and fastest growing markets,' said Gary Duncan, Simon's President of Premium Outlets and The Mills, in a release. 'Featuring great deals from iconic brands, our Premium Outlets also offer enticing food and entertainment options and elevated amenities for both shoppers and retailers alike. We look forward to bringing our distinctive luxury outlet shopping experience to metro Nashville, an area we know well and have long served.' Simon operates multiple malls and outlet centers, such as Woodbury Common Premium Outlets in Hudson Valley, N.Y. and Desert Hills Premium Outlets just outside of Palm Springs, Calif. ⏩ 'Thompson's Station is excited about the opportunity to welcome this new retail development to our community,' said Brian Stover, Mayor of Thompson's Station, in a release. 'This project represents a significant investment in our Town and has the potential to enhance local amenities, create jobs, and strengthen our economy. We look forward to working with the developers to ensure this project is a tremendous success while maintaining alignment with the character and general plan of Thompson's Station and supporting our vision for the future.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
29-01-2025
- Business
- Yahoo
Simon malls bringing Nashville Premium Outlets to Williamson County. Here's what to know
Heads up, shoppers. A Nashville Premium Outlets is in the works in Thompson's Station. The outlet mall, owned by real estate investment trust Simon, will be developed in collaboration with Nashville-based AJ Capital Partners. Construction on the planned 325,000-square-foot mixed-use property is slated to begin in 2026. Preliminary plans include approximately 75 stores, restaurants and a hotel, with the potential to add residential options in the future. The announcement highlights the rapid growth in pastoral communities of Williamson County like Thompson's Station, which has a population of about 9,000 residents. Last year, the first liquor store in Thompson's Station opened. Simon announced this week it has entered into an agreement to purchase the land at the intersection of Interstate 65 and Interstate 840. The company is one of the largest operators of malls and shopping centers in the U.S., with Premium Outlets in Hudson Valley, New York and Palm Springs, California. In the Nashville area, Simon owns and operates Opry Mills and co-owns the Mall at Green Hills through a joint venture with Taubman Realty Group. Gary Duncan, Simon's president of Premium Outlets and The Mills, said the firm is zeroed in on the growth happening in the Nashville area. "The airport is being expanded, Titans are building a new stadium," Duncan told The Tennessean. "I think we look at that Thompson's Station site, and that general area of greater Nashville as something that's underserved retail-wise." The Nashville Premium Outlets is set to be located at the intersection of I-65 and I-840, which is near FirstBank Amphitheater. It's a rapidly-growing area of Williamson County. The massive Berry Farms mixed-use development in Franklin is just a few miles north of the site of the forthcoming Premium Outlets. Duncan expects the shopping center to have both local and regional appeal. He said the distance between Simon's three Nashville area properties will allow the company to capture a wide ranging shopping audience. "Nashville's not as easy to get around as it once was," Duncan said. "This property appeals to the locals in that particular part of the area, as well as people driving into the market." Thompson's Station mayor Brian Stover said the community is excited to welcome the retail development. 'This project represents a significant investment in our town and has the potential to enhance local amenities, create jobs, and strengthen our economy," Stover said in a news release. "We look forward to working with the developers to ensure this project is a tremendous success while maintaining alignment with the character and general plan of Thompson's Station and supporting our vision for the future.' Duncan said the new shopping center will create jobs in construction while build-out is happening with permanent jobs in retail and hospitality to follow. This article originally appeared on Nashville Tennessean: Nashville Premium Outlets: New mall coming to Thompson's Station
