Tanger breaks ground next to Texas Motor Speedway
Raceways appear to be the newest fertile ground for retail. International Speedway Corporation recently started construction at One Daytona, a mixed-use project across from Daytona International Speedway, and now Tanger Outlets has started up a new center a lap away from Texas Motor Speedway.
Having surpassed the 60% leasing threshold for financing, Tanger this week broke ground on a new outlet center at Champions Circle in Fort Worth. Retailers signing on with Tanger included H&M, Tommy Hilfiger, Nike, Banana Republic, and Restoration Hardware.
"We are so excited to officially kick off this project with a partner that shares our vision of bringing a first-class retail experience to Texans and tourists alike," said Bill Boecker, president and CEO of Fine Line Diversified Development, which is building Champions Circle.
Tanger president and CEO Steven Tanger presided at an on-site groundbreaking ceremony along with Fort Worth Mayor Betsey Price.
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