The long-delayed construction of an 85-store outlet mall at Foxwoods Resort Casino is on track to get underway this year, a senior executive in the partnership developing the project said last week.
Steven B. Tanger, the chief executive of Tanger Factory Outlet Centers, told those gathered at an industry conference Thursday a groundbreaking is close.
“We plan to start construction shortly in the Charlotte, N.C. market and Foxwoods, in the Foxwoods casino connecting the MGM Grand and the Grand Pequot casino floors in Connecticut,” Tanger said, according to a recording of the meeting.
The comments came at a meeting during last week’s NAREIT REITWeek conference.
Quentin Pell, a Tanger spokesman, did not return an e-mail late Monday seeking further comment.
Construction of the mall was supposed to begin in the spring of 2012, but The Day of New London reported delays in reaching deals with tenants. A groundbreaking expected in February was put off because of bad weather with this spring the new construction target, The Day reported.
Summer begins at the end of next week.
The $120 million shopping mall, announced in February 2012, will encompass 312,000 square feet. The mall will focus on luxury brands and help draw visitors that aren’t interested in gambling. No tenants have been announced.
Foxwoods, facing stepped up competition in the region and more on the horizon, hopes the mall will turn Foxwoods into a destination where guests will book longer two- and three-night stays.
The mall, named Tanger Outlets Foxwoods, is being developed by Greensboro, N.C.-based Tanger and Gordon Group Holdings of Greenwich. The land is being leased from the Mashantucket Pequot Tribe, which owns Foxwoods.
In a regulatory filing, Tanger projects the outlet mall will open in the second half of 2014.
In Connecticut, Tanger also operates an outlet mall in Westbrook. The Westbrook location has more than 60 stories, including Eddie Bauer, J, Crew, Old Navy and Williams Sonoma.