Nashville, Tenn. — Tanger Factory Outlet Centers (NYSE: SKT) has completed Tanger Outlets Nashville, a 290,000-square-foot outlet mall in Nashville. The property is Tanger’s first new development since 2019.
The open-air development consists of seven retail buildings and The Green, a central outdoor community space for programming and activations. The mall is currently 96.5 percent occupied by 60 retailers and restaurants, including Nike, Polo Ralph Lauren, Coach, Ulta Beauty, Michael Kors, Pottery Barn, Under Armour, Crocs, American Eagle, Journeys, Old Navy, Victoria’s Secret and Adidas.
The property also features 15 murals by artists from across the U.S., and food and beverage offerings including Shake Shack, Crumbl Cookies, Tailgate Brewery, Red Bicycle Coffee, Prince’s Hot Chicken and Eggspectation.
The development incorporated a number of sustainability efforts, including the addition of a honeybee hive with 30,000 bees; 12 electric vehicle charging stations; 2,800 rooftop solar panels; and the planting of over 500 trees and 10,000 shrubs and ground-covering plants.
The development led to approximately 700 people employed during the center’s construction and another 1,100 part-time and permanent jobs created through its retail operations.
The grand opening for Tanger Outlets Nashville will be tomorrow, Oct. 27. To celebrate, the company will offer prizes and sweepstakes for shoppers, live music and entertainment, a pet costume contest and a tailgate party.
Tanger is an owner and operator of upscale, open-air outlet malls. The Greensboro, North Carolina-based company owns or manages a portfolio of 37 centers spanning 14 million square feet in the U.S. and Canada.
Tanger’s stock price closed at $22.34 per share on Wednesday, Oct. 25, up from $16.73 one year ago.
— Katie Sloan