Find in the news:
BY COUNTRY

New outlet to open near the Detroit Metro Airport



New England Development, announced his intention to erect a 325,000-square-foot Outlet of Michigan retail center. 

The huge retail venture will be located just off I-94 in the town of Romulus close to the Detroit Metro Airport. Based on the open-air concept of other nearby outlet mall complexes like Birch Run Premium Outlet Mall, Great Lakes Crossing in Auburn Hills and Tanger Outlets at Howell, the center capitalizes on two shopper preferences: to shop at outlet stores rather than pay full retail prices and to avoid indoor structures where you have to walk long corridors to get to the two or three shops you want. With the open-air concept shoppers can view the shops in this new seventy-five-store mall from their cars and plot their shopping route from there.

Scheduled to open in 2016, Outlets of Michigan is capitalizing on its location to bring in local and tourist shoppers. Dougass Karp, the executive vice president of NewEngland Development has noted that the location is “an ideal market”. He cited as pluses the new mall’s location across from Detroit Metro Airport, proximity to the major route between Detroit and Chicago and the fact that Outlets of Michigan will be closer to the Canadian border than its chief competition, Birch Run, which draws Canadian cross-border shoppers.

His optimism may be misplaced however. Because of increasing prices on American gas and the devaluation of the Canadian dollar, there are fewer cross-border shoppers. Increased jet fuel costs have raised flight cost and lessened airport traffic. Finally, the rapidly rising e-commerce market has resulted in many bargain hunters shopping online. All three trends show no sign of decreasing. Thus, Outlets of Michigan may not  turn out to have the appeal New England Development hopes for.



More about shopping malls in the USA



TODAY, Italy:
The subsidiary of the leading Arabian group starts projects in Milan and Turin.
TODAY, France:
The group completed over 500 leasing deals and enhanced retail portfolio with over 100 new brands.
DAY BEFORE YESTERDAY, United Kingdom:
Croydon Council approves plans to build £1.4 billion shopping center.
Nov 16, 2017, France:
Les Ateliers Gaîté projects to be based in central Paris and La Part-Dieu in Lyon, France.
Nov 15, 2017, Serbia:
Ada Mall will be the first shopping mall of the newest generation in Belgrade, Serbia.
Nov 14, 2017, Russia:
The FORT Group is acquiring the entire retail portfolio in Moscow from IMMOFINANZ in a share deal.
Friend
and Follow
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us