Taubman Unveils New Retailers At The ICSC New York National Conference
BLOOMFIELD HILLS, Mich., Dec. 3, 2012 /PRNewswire/ -- Capping a year of numerous retail openings and expansions at its 28 shopping centers, the leasing momentum continues for Taubman as the mall owner and developer today announced numerous tenant openings and additions to its portfolio of highly productive properties at the start of the ICSC New York National Conference.
Distinctive retail names such as Tory Burch and Jimmy Choo, several firsts in the country including Halston Heritage and G-Star Raw Outlet, and novel concepts such as Alex and Ani and Lucille's Smokehouse Bar-B-Que are among the retail highlights at these Taubman centers:
City Creek Center (Salt Lake City, Utah): The country's only major regional mall to open this year, City Creek Center is the retail centerpiece of one of the nation's largest mixed-use downtown redevelopment projects, located in the heart of Salt Lake City. The unique shopping environment with its retractable roof, a rushing creek, pedestrian skybridge and more, offers more than 100 premium stores and restaurants - - over 30 of which are unique to the market. Recent additions include Anthropologie, Apple, Athleta, Art of Shaving and West Elm. Joining the center next year will be Microsoft, Brio Tuscan Grille, Johnny Rockets "The Original Hamburger" and Alex and Ani, an eco-friendly, fashion jewelry company.
Beverly Center (Los Angeles, Calif.): Taubman's luxury portfolio continues to grow at Los Angeles' premier fashion destination, Beverly Center, where Dolce & Gabbana recently opened a 6,500-square-foot store, and the country's first Z Zegna will open soon. Showcasing refined urban elegance, Z Zegna collections fuse modern technology with the signature quality and style of global luxury menswear leader Ermenegildo Zegna. Beverly Center also is where Halston Heritage will be debuting one of its first freestanding stores in 2013. The Halston Heritage brand was built on the core principles of its iconic past: simplicity and timeless elegance.
The Mall at Short Hills (Short Hills, N.J.): The region's preeminent shopping destination recently added several more world-class tenants to its luxury lineup, including the recently opened Emporio Armani, Giorgio Armani Black Label and Yves Saint Laurent. Prestigious watch retailer Tourbillon will open a boutique soon, as will French men's swim and resort wear brand Vilebrequin.
The Mall at Green Hills (Nashville, Tenn.): Nashville's premier upscale retail destination welcomed several notable names in fashion this year, including Tory Burch, Michael Kors, Nordstrom, Ann Taylor, EILEEN FISHER and the recently opened Jimmy Choo.
The Shops at Willow Bend (Plano, Texas): The Shops at Willow Bend is becoming the region's premier destination for stylish home decor. Restoration Hardware and Z Gallerie opened this year, joining Crate & Barrel, and the soon to open Mitchell Gold + Bob Williams, comfortable and eco-friendly home furnishing, that will be making its spring debut in 2013. Also new at The Shops at Willow Bend are H&M, G by Guess, LUSH Fresh Handmade Cosmetics, The Shark Bar & Grill, a new and expanded Johnston & Murphy, as well as the expansion of Forever 21 to over 38,000 square feet.
Dolphin Mall (Miami, Fla.): Miami-Dade County's number-one value-retail shopping tourist attraction is also one of Taubman's most productive centers in its portfolio. Opening this week is the perennially popular restaurant The Cheesecake Factory, and coming soon is the country's first G-Star Raw Outlet.
Westfarms (Farmington, Conn.): The premier shopping center of central Connecticut, Westfarms is home to many unique-to-the-market retailers such as Louis Vuitton and Tiffany & Co. In the coming weeks the center will add Tory Burch and Kiehl's Since 1851 to its exclusive lineup.
The Mall at Partridge Creek (Clinton Township, Mich.): Metro Detroit's popular open-air regional shopping center recently welcomed LUSH Fresh Handmade Cosmetics, GNC Live Well and an expanded Forever 21 and Eddie Bauer. Opening soon are L'Occitane en Provence, White House Black Market, the state's first Alex and Ani, and an expanded Victoria's Secret/Pink.
Stamford Town Center (Stamford, Conn.): One of America's super-regional shopping centers, Stamford Town Center features more than 100 premium shops and restaurants including the recently added Pottery Barn and L'Occitane en Provence.
Northlake Mall (Charlotte, N.C.): Forever 21 recently reopened at North Charlotte's major regional shopping destination, nearly tripling the size of its former store at that location. Chico's and White House Black Market will also join the center's fashionable lineup.
Sunvalley (Concord, Calif.): Contra Costa County's largest shopping center launched a multimillion dollar renovation this year while welcoming several new tenants, including the recently opened G by Guess and, coming soon, Lucille's Smokehouse Bar-B-Que. Since its 1999 debut in Long Beach, fast-growing Lucille's has become the favorite destination for "the best Bar-B-Que with the finest Southern hospitality."
Other notable, appetizing additions to the dining options at Taubman centers include the recently opened Mastro's Steakhouse at El Paseo Village in Southern California's Coachella Valley, and Brio coming soon to Fair Oaks Mall in Fairfax, Va.
Taubman Centers, Inc. (NYSE: TCO) is an S&P MidCap 400 Real Estate Investment Trust. Taubman is engaged in the ownership, management and/or leasing of 28 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman's U.S. owned properties are the most productive in the publicly held U.S. regional mall industry. Taubman is currently developing Taubman Prestige Outlets Chesterfield in Chesterfield, Missouri; The Mall at University Town Center in Sarasota, Florida; The Mall of San Juan in San Juan, Puerto Rico; and shopping malls in Xi'an, China and Hanam, South Korea. Taubman Centers is headquartered in Bloomfield Hills, Michigan and Taubman Asia, the platform for Taubman Centers' expansion into China and South Korea, is headquartered in Hong Kong. Founded in 1950, Taubman has over 60 years of experience in the shopping center industry. For more information about Taubman, visit www.taubman.com.
For ease of use, references in this press release to "Taubman Centers," "company," "Taubman" or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities. Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc. itself or the named operating platform.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect management's current views with respect to future events and financial performance. The forward-looking statements included in this release are made as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements, even if new information becomes available in the future. Actual results may differ materially from those expected because of various risks and uncertainties, including, but not limited to the global credit environment and the continuing impacts of the recent U.S. recession, other changes in general economic and real estate conditions, changes in the interest rate environment and the availability of financing, fluctuations of foreign currency, adverse changes in the retail industry, general development risks, and integration and other acquisition risks. Other risks and uncertainties are discussed in the company's filings with the Securities and Exchange Commission including its most recent Annual Report on Form 10-K.
SOURCE Taubman Centers, Inc.
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