Simon Breaks Ground on Denver Premium Outlets
- Oct 10, 2017
Simon broke ground on Denver Premium Outlets, a 330,000-square-foot open-air shopping center in Thornton, Colo. The property is slated for opening in Fall 2018.
Located on the northeast corner of Interstate 25 and 136 Avenue, in the northern part of the Denver metro area, the development will sit on approximately 55 acres. Denver Premium Outlets will feature approximately 80 shops and will be the only outlet center serving the north side of Denver.
“We chose this location due to the tremendous development, economic and population growth that Thornton and the Denver metro area is currently experiencing. We have enjoyed a terrific partnership with the City and are looking forward to becoming a part of the Thornton community,” Stephen Yalof, CEO of Simon Premium Outlets, said in a statement. “Designed to fit in with Colorado’s unique, outdoor-oriented lifestyle, Denver Premium Outlets will serve the Greater Denver area, providing great brands, dining and shopping for residents and visitors alike.”
The retail destination will be the 92nd Premium Outlets center in Simon’s portfolio. The center is expected to generate more than 500 construction jobs and approximately 700 full and part-time jobs.
Rendering courtesy of Simon Property Group