The Atlanta Regional Commission has ruled that the $80 million Woodstock Outlet Center is in the best interests of the region, keeping the development on track for approval and construction. Before the recession hit, the development at Ridgewalk Pkwy near the Rope Mill Road exit at I-575 was intended as a lifestyle center more in line with a The Avenues open-air mall type development.
Because of the change in design, the development must still get approval from Woodstock’s Planning Commission and City Council before construction can begin. However, according to Horizon Group Properties CEO Gary Skolen, he is already getting a tremendous response to the location.
According to the AJC, the project, named Outlet Shoppes at Atlanta, already has a 50 percent tenant commitment. Though Skolen declined to identify the retail tenants already signed on, a recent center opened by the developer in Oklahoma City counted Banana Republic, Brooks Brothers and Coach among the retailers at that project.
But don’t put on your shopping shoes just yet – even if approved with no delays, the outlet center is not scheduled to open until 2013.
For more on the Outlet Mall, read on here...