Simon to develop Phoenix Premium Outlets

Indianapolis --Simon Property Group Inc. announced that its Premium Outlets division has reached an agreement with the Gila River Indian Community's Wild Horse Pass Development Authority to develop Phoenix Premium Outlets, an upscale outlet shopping center serving the Greater Phoenix and Scottsdale areas.

The center, to be located in Chandler, Ariz., will be adjacent to the Wild Horse Pass Hotel & Casino in the Wild Horse Development. Phase I of the project will be comprised of 360,000 sq. ft., housing approximately 90 outlet stores featuring high-quality designer and name brands.

Construction is expected to start in the first quarter of 2012 with a spring 2013 opening.