Brooks Brothers

2014 marked progress in new development, particularly on the outlet front

After nearly a decade of stalled growth in the shopping center industry, 2014 finally saw progress being made on the new development front. While it’s true that much of the ground-up construction was of the outlet center ilk, the value sector wasn’t the only new-build push.

New York -- Prudential Douglas Elliman's Retail Group said it has orchestrated a long-term lease for the first Armani Junior standalone flagship in the United States at 1225 Madison Avenue, on the northeast corner at 88th Street in Manhattan.      

Neighboring retailers along the corridor include Brooks Brothers, Ankasa, Jacadi, Rachel Riley, J.Crew, Buckhouse, Jack Rogers, Joie, Koos, Intimacy, Ann Crabtree, Rose Pope Maternity and The Shoe Box.

Bloomfield Hills, Mich. -- Taubman Centers on Thursday announced the opening of City Creek Center in Salt Lake City, Utah. Thousands of visitors attended the grand opening of the only regional shopping center to open in the United States this year. 

According to the International Council of Shopping Centers, City Creek Center is the first enclosed regional shopping center to open in the United States in six years.

San Francisco -- Digital shopping solution-provider Fluid Inc. said Tuesday that it has been selected by Brooks Brothers to leverage Fluid Configure, its product customization platform, to offer its online shoppers custom-tailored shirts and suits.

Brooks Brothers will leverage the technology to create a personalized and engaging shopping experience that will enable customers to tailor product to their exact fit and style preferences.

Woodstock, Ga. -- Chattanooga, Tenn.-based CBL & Associates Properties and Norton Shores, Mich.-based Horizon Group Properties announced a 75/25 joint venture to develop The Outlet Shoppes at Atlanta in Atlanta (Woodstock), Ga.

Indianapolis -- Simon Property Group announced that, in 50/50 partnership with Genting Berhad, it has opened Johor Premium Outlets, its first Premium Outlet Center in Southeast Asia.

The center encompasses 173,000 sq. ft. of GLA featuring 80 stores and is strategically located in Johor Bahur, Malaysia. A grand opening celebration will take place on December 11.

Indianapolis -- Simon Property Group announced that, in 50/50 partnership with Genting Berhad, it has opened Johor Premium Outlets, its first Premium Outlet Center in Southeast Asia.

The center encompasses 173,000 sq. ft. of gross leasable area featuring 80 stores and is located in Johor Bahur, Malaysia. A grand opening celebration will take place on December 11, 2011.

Scarsdale, N.Y. -- Dallas-based SRS Real Estate Partners said that Athleta, a division of Gap, has signed a lease for 5,833 sq. ft. to build and operate one of its first suburban stores in New York at Vernon Hills Shopping Center in Scarsdale/Eastchester, N.Y.

A spring 2012 opening is planned.

New York City -- Prudential Douglas Elliman's Retail Group said it has completed leases for the third and fourth new tenants at 1225 Madison Ave., between 88th and 89th Streets, with eyewear designer Robert Marc and custom-fit swimwear stylist Malia Mills.

The team also arranged a long-term lease for cashmere designer Christopher Fischer, following a two-year stint there as a pop-up shop.

San Jose, Calif. -- Online auctioneer eBay said Monday it has launched a virtual outlet mall in the United States it is calling Fashion Outlet.

The virtual mall will allow users to access discounted apparel and accessories across brands and retailer banners. Featured brands and banners include BCBG, Neiman Marcus, Brooks Brothers, Last Call and Timberland.

According to eBay’s head of global fashion Miriam Lahage, the company is leveraging the burgeoning popularity of the outlet category as the fastest-growing retail channel.