Simon's Chelsea Division Opens Round Rock Premium Outlets(R)
125 Stores Open to Big Crowds in Bright Texas Sunshine
ROUND ROCK, Texas, Aug. 4 /PRNewswire-FirstCall/ -- Chelsea Property
Group, a division of Simon Property Group, Inc. (NYSE: SPG), the nation's
largest real estate retail developer, opened Round Rock Premium Outlets(R)
yesterday morning in Round Rock, Texas. Located just 20 minutes north of
Austin on 80 acres, Round Rock Premium Outlets features 125 designer and name-
branded outlet stores. It is Chelsea's 41st Premium Outlet Center with 35 in
the U.S. and 6 international.
Merchants such as Adidas, AG Adriano Goldschmeid, Anne Taylor, Banana
Republic, BCBG Max Azria, Brooks Brothers, Burberry, Calvin Klein, Coach, Cole
Haan, Gap Outlet, J.Crew, Michael Kors, Miss Sixty/Energie, Nike, Polo Ralph
Lauren, Puma, Swarovski and Theory were among the outlet stores that opened
their doors under sunny central Texas skies.
"We were thrilled with the large crowds of enthusiastic shoppers and look
forward to a great opening weekend that coincides with the Texas Tax-Free
Holiday," said Michele Rothstein, Senior Vice President of Marketing for
Chelsea Property Group.
"This is what happens when everybody works very hard and gets it right,"
Mayor Nyle Maxwell of Round Rock told dignitaries and shoppers at the ribbon
cutting. "This is an overwhelming success." Maxwell also said that
approximately 1,000 jobs have been created with the opening of Round Rock
Simon Property Group, Inc., an S&P 500 company headquartered in
Indianapolis, Indiana, is a real estate investment trust engaged in the
ownership, development and management of retail real estate, primarily
regional malls, Premium Outlet(R) centers and community/lifestyle centers.
The Company's current total market capitalization is approximately $42
billion. Through its subsidiary partnership, it currently owns or has an
interest in 284 properties in the United States containing an aggregate of 200
million square feet of gross leasable area in 38 states plus Puerto Rico.
Simon also owns interests in 52 European shopping centers in France, Italy,
and Poland; 5 Premium Outlet centers in Japan; and one Premium Outlet center
in Mexico. Additional Simon Property Group information is available at
http://www.simon.com . Simon Property Group, Inc. is publicly traded on the
NYSE under the symbol SPG.