CHARLOTTE, N.C. — Simon Property Group Inc. and Tanger Factory Outlet Centers Inc. have teamed up to break ground on Charlotte Premium Outlets, an upscale, 400,000-square-foot outlet mall in Charlotte. The new property will be located eight miles southwest of uptown Charlotte at the interchange of Interstate 485 and Steele Creek Road. The new outlet mall is expected to employ about 900 full- and part-time employees and add more than 400 local construction jobs during development. More than 90 brands are expected to have a presence at the new development, including Saks Fifth Avenue OFF 5th. The project is a 50/50 joint venture between Simon and Tanger. Simon is providing management services and marketing for the mall, and Tanger is providing site development and construction supervision.
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