Thirty New Stores Announced for Outlet Center in Woodstock, GA

The Grand Opening date of the new outlet center in the North Atlanta suburb of Woodstock, GA, will be one month earlier than previously scheduled, according to Horizon Group Properties, Inc. (OTC: HGPI.PK) and CBL & Associates Properties, Inc. (NYSE: CBL), which own the center.

The 370,000 square foot initial phase of the center, to be named The Outlet Shoppes at Atlanta, is now scheduled to open July 18, 2013; it was originally planned to open in August.

The center will feature Nike, Saks Fifth Avenue OFF 5TH, Bose, Brooks Brothers, Columbia Sportswear, Cole Haan, White House|Black Market, Guess, Fossil, Michael Kors, Under Armour, and Talbots. Thirty new stores include:
    • Aéropostale
    • Asics
    • Berry & Berry Yogurt
    • Bose
    • Charley's Steakery
    • Charlotte Russe
    • Claire's
    • Columbia Sportswear
    • Dress Barn
    • Fox
    • Gold Toe
    • Gymboree
    • Haggar
    • Jos. A. Bank
    • Journeys
    • Kay Jewelers
    • Kitchen Collection
    • Love Culture
    • Lucky Brand
    • Maidenform
    • Motherhood Maternity
    • OshKosh B'Gosh
    • P.S.From Aéropostale
    • Sbarro
    • Sunglass Hut
    • Taqueria Tsunami
    • Ultra Diamonds
    • Waterford Wedgwood
    • Wilsons Leather
    • Zumiez

The center is located north of Atlanta at the newly-constructed exit off I-575 at Ridgewalk Parkway in Woodstock. More than 112,000 cars pass the site daily. The center is convenient to travelers on Interstates 75, 85 and 20 and is expected to draw over four million visitors annually from a three-state area.

Designed in a shopper-friendly configuration, the center will feature covered walkways and landscaped courtyards. Its design blends traditional architecture with lively features including a children’s play area. A center court complete with fountains and a fireplace aims to create a festive atmosphere for shoppers and visitors to the center.

The site can accommodate an additional 30,000 square feet of outlet shops and also features seven out-lots for restaurants, service business and other retail uses.

When completed, the center is projected to generate more than $130 million in annual sales and $3 million of sales and property taxes for the City of Woodstock. The development and operation of the center is expected to generate a total of $34 million in taxes for the benefit of the City of Woodstock, Cherokee County and its school district over the next ten years.

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