Friday, November 11, 2011

Opry Mills On Track For Opening: Adds New Stores to Retail Mix



OPRY MILLS ON SCHEDULE FOR MARCH 2012 REOPENING

New additions to planned retail mix announced

NASHVILLE, TN (November 10, 2011) – Opry Mills is on schedule to reopen as the largest outlet, value retail, dining and entertainment destination in Tennessee on March 29, 2012 with a grand reopening celebration planned for early May.  Signaling its future success, four major anchors, Regal Cinemas Opry Mills Stadium 20 & IMAX, Dave & Buster’s, VF Outlet and Sun & Ski Sport, will open for business at Opry Mills later this month.

“Over the past several months, our team has been working diligently and made great progress to bring Opry Mills back to shoppers here and throughout the mid-south by early next year,” said Jad Murphy, general manager at Opry Mills.  “We are thrilled to be getting back to business and putting people back to work as the pulse of the Nashville shopping scene.”

Visitors will soon enjoy dozens of popular retailers already signed on to join the fashion-forward retail mix at Opry Mills. These additions include outlet locations from Coach Mens, Cole Haan, Converse, DKNY, Guess, Merrell, Michael Kors, Polo Ralph Lauren, New York & Co., Not Your Daughter’s Jeans, Vera Bradley and Zumiez.

Opry Mills’ loyal shoppers will also enjoy the return of several familiar names including American Eagle Outfitters, Brooks Brothers Factory Store, Nike Factory Store and Reebok Outlet Store.  Plus, Opry Mills will again boast the area’s only Bose Factory Store, The Disney Store Outlet, Lucky Brand Outlet and Nine West Outlet.

In addition to incredible shopping and dining options, Opry Mills’ popular Entertainment Stage will return as a unique feature of the center, showcasing live entertainment and other exciting family-friendly activities.

Opry Mills remains committed to the Nashville community and will again be a strong economic engine, creating many new jobs and providing a solid tax revenue stream.  Construction on the landmark property began in April after the announcement of Opry Mills’ agreement with its lenders, Helaba Bank and Nord/LB, to finance the rebuilding of the mall during continued litigation to have its insurers comply with their obligation to pay the amounts they agreed to in the event of a flood loss. 

About Opry Mills
Opry Mills is located seven miles from downtown Nashville, between Interstates 40 and 65, and is within walking distance of the Grand Ole Opry and the 2,800-room Gaylord Opryland Resort and Convention Center.  For the latest information about the ongoing restoration process at Opry Mills, please call (615) 514-1000 or visit www.oprymills.com.  Opry Mills also may be found on Facebook (www.facebook.com/OpryMills) and on Twitter @shoprymills.

About The Mills, A Simon Company
The Mills®, one of Simon Property Group's five real estate platforms, is comprised of 16 value-oriented retail destinations totaling over 24 million square feet. The Mills offers a unique brand of shopping with a mix of popular name brand outlets, value retailers and full-price stores, plus family-oriented dining and entertainment concepts. The Mills are well-located in major metropolitan markets and many are recognized as leading tourism destinations. Notable properties include Arundel Mills (Baltimore), Gurnee Mills (Chicago), Grapevine Mills (Dallas), Ontario Mills (Los Angeles), Opry Mills (Nashville), Potomac Mills (Washington, DC) and Sawgrass Mills (Ft. Lauderdale/Miami).

Simon Property Group, Inc. is an S&P 500 company and the largest real estate company in the U.S. The Company currently owns or has an interest in 391 retail real estate properties comprising 261 million square feet of gross leasable area in North America, Europe and Asia. Simon Property Group is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. The Company's common stock is publicly traded on the NYSE under the symbol SPG. For further information, visit the Simon Property Group website at www.simon.com.


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