This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Simon Property Group Opens Phoenix Premium Outlets®

CHANDLER, Ariz. , April 4, 2013 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, announced today that it opened Phoenix Premium Outlets®, an upscale outlet shopping center serving the Greater Phoenix and Scottsdale areas.  A ribbon cutting ceremony was held today to mark the opening. In attendance were company officials and representatives from the Gila River Indian Community and Wild Horse Pass Development Authority.

The center, located in Chandler, Arizona, is adjacent to the Wild Horse Pass Hotel & Casino within the Wild Horse Pass Development.  It is on Interstate 10, south of Loop 202 - Santan Freeway at Exit 162.  Phase I of the project, which is 100% leased, is 360,000 square feet with 90 outlet stores featuring high-quality designer and name brands. Phoenix Premium Outlets is SPG's 76 th Premium Outlet Center® worldwide.

A four-day Grand Opening Celebration runs through Sunday, April 7 and features live entertainment by popular area musicians, store promotions, giveaways and more. Stores now open include Banana Republic, Brooks Brothers, Calphalon Kitchen, Calvin Klein, Coach, Elie Tahari, Gap Factory Store, Hugo Boss, Lucky Brand, Michael Kors, Nike, Saks Fifth Avenue OFF 5TH, Tommy Bahama, Tommy Hilfiger, Under Armour and more.  Additional merchants to open in the coming months include: Armani, Cole Haan, J.Crew, Kate Spade New York and Polo Ralph Lauren. 

"We are excited to have our newest center be part of such an exciting destination as Wild Horse Pass filled with hotels, a casino, spa, golf and more.  Phoenix Premium Outlets will serve area residents and visitors providing high-quality brands at great savings all in one beautiful setting," said John R. Klein, President of Simon's Premium Outlets division. "We are also pleased to have created hundreds of new jobs and significant economic development for the area."

Wild Horse Pass is a unique destination offering panoramic views of the mountains, river, desert and wild horses that roam the area.  The area showcases the rich cultural heritage, art and legends of the Pima and Maricopa Tribes.

About Simon Property Group

Simon Property Group, Inc. (NYSE: SPG) is an S&P 100 company and the largest real estate company in the world.  The Company currently owns or has an interest in 326 retail real estate properties in North America and Asia comprising 242 million square feet. We are headquartered in Indianapolis, Indiana and employ approximately 5,500 people in the U.S.  For more information, visit the Simon Property Group website at

Simon's Premium Outlets portfolio features 76 Premium Outlet Centers® including 63 in the United States, one in Puerto Rico, eight in Japan, two in Korea, one in Malaysia and one in Mexico. Its industry-leading properties include Woodbury Common Premium Outlets ( New York City), Orlando Premium Outlets, Desert Hills Premium Outlets ( Palm Springs, California), Las Vegas Premium Outlets and Wrentham Village Premium Outlets ( Boston).  Simon's value center Arizona Mills® is located in Tempe, Arizona.


1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.31%
FB $102.01 0.10%
GOOG $682.40 -0.10%
TSLA $151.04 0.38%
YHOO $27.04 1.05%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs