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Outlet mall weds prime location, Grand Prairie's need for retail

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08:25 AM CDT on Saturday, October 20, 2007

By JON NIELSEN / The Dallas Morning News jnielsen@dallasnews.com

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When the C ity C ouncil agreed this week to allow Prime Retail to build a factory outlet mall in Grand Prairie's southern sector, both parties were as giddy as newlyweds. "You better be excited about this because all of you have wives," Mayor Pro Tem Ruthe Jackson told her fellow council members about the new shopping prospects.

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The marriage joins Prime Retail's need for an attractive marketplace for high-end fashion with Grand Prairie's need for more retail. About 83 percent of the city's property-tax base is residential. The new outlet mall is expected to attract 3 million to 5 million visitors a year.

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Giancarlo Filartiga described the wooing process, which involved studying statistics such as tourism traffic, residents' income and the access to major roadways. With the study complete, Mr. Filartiga, senior vice president of development for Prime Retail, said his company found a match in Grand Prairie. "There's no mystery in real estate that it's location," he said. "I don't think you can find a better site." The 450,000-square-foot center will sprout on the north side of Interstate 20 east of State Highway 360 and west of Great Southwest Parkway. C onstruction is expected to begin in the third quarter of 2008 and be completed by the 2009 holiday shopping season.

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Although representatives aren't disclosing which shops will be in the center, Prime Retail operates a similar outlet center in San Marcos, Texas. That center includes luxury stores such as Neiman Marcus Last C all C learance C enter, Tommy Bahama and Off 5th Saks Fifth Avenue Outlet. Prime Outlets-Grand Prairie is expected to have between 100 and 120 tenants. "We're looking for it to be an icon for our company," Mr. Filartiga said of the North Texas location. The Grand Prairie mall will be similar to that of Allen Premium Outlets in C ollin C ounty. The main differences, said Paula Rowland, chief marketing officer for Prime Retail, are the location south of Dallas and the merchants it will attract. She describes the Grand Prairie mall as "shoppertainment," with a mix of entertainment, restaurants and retail shops. "It's a day out, is really what it is," Mrs. Rowland said. "It's a different experience, and that's what will set us apart." Since 2000, Grand Prairie's population has grown 26 percent, to more than 160,000. The city's southern sector has experienced most of that residential growth. Retailers have since caught on with development of a Super Target and a Home Depot along Highway 360. The mall will become part of southern Grand Prairie's retail nucleus, helping to balance out the residential boom and spur new retail development, said Prime Retail's executive vice president of converted by Web2PDFConvert.com


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