World-renowned shopping destination adds
premium amenity, new stores and shares update on
future expansion plans
INDIANAPOLIS, April 24,
2024 /PRNewswire/ --
Simon®, a global leader in premier
shopping, dining, entertainment and mixed-use destinations, today
announced its plans to add customer experience enhancements and a
new store line-up to Woodbury Common Premium Outlets®.
Woodbury Common is one of the world's most successful outlet
centers and features the largest collection of luxury outlets in
North America. Located in the
heart of New York's bucolic Hudson
Valley just one hour from Manhattan, the outlet center is a destination
for local residents as well as domestic and international tourists,
drawing over 10 million shoppers annually.
Redefining luxury shopping at Woodbury Common, the first
enhancement to be unveiled will be a stunning new VIP Suite, a
haven designed exclusively for our discerning clientele. Across the
globe, world-class shopping destinations and luxury retailers
recognize the pivotal role VIP suites have in enhancing the luxury
shopping experience. Woodbury Common's elegant enclave will feature
multiple private spaces with their own dressing rooms, an upscale
lounge area with plush furnishings and curated art, and a private
kitchen. The opulent ambience will allow guests to explore the
latest fashions from luxury brands in privacy and comfort. The VIP
Suite will host private events, as well as offer personalized
service and curated customer experiences. This multimillion-dollar
suite is expected to open later this year in the heart of the
center's luxury wing, The Adirondacks District.
"Innovation and continually enhancing our idyllic shopping
atmosphere, along with our collection of the most desirable brands,
is what excites Woodbury Common's shoppers, and we look forward to
enhancing our guest service experience with our luxurious VIP
Suite," said Mark Silvestri, Simon's
President of Development.
Woodbury Common Premium Outlets continues to attract investment
from some of the world's most iconic brands, with 20 stores opening
or expanding in 2023, and more than 20 are planned to debut in
2024. New offerings include David
Yurman, Roberto Cavalli,
Maison Margiela, Ladurée, BOGNER, Sferra, Bollicine Champagne Bar,
Jil Sander, Eleventy, and
Reformation among others. In addition, Arc'teryx, Tory Burch, Marc
Jacobs and Golden Goose are
all expanding their footprint at the center this year.
These additions and expansions join 250 of the world's most
sought-after fashion brands. The center's collection of 70 luxury
brands includes Dior, Gucci, Prada, Saint Laurent, Bottega Veneta,
Fendi, Loro Piana, Brunello
Cucinelli, Loewe, Burberry, Alexander
McQueen, Moncler, Balenciaga, Céline and many more. Brands
continue to exceed expectations at Woodbury Common, with Q4 2023
sales surpassing $375 million. The
iconic property generates over $1.2
billion in sales annually making it one of New York State's premier economic engines.
In Fall 2023, plans to expand Woodbury Common Premium Outlets
were unveiled. This several hundred- million-dollar project will
further elevate the shopping experience for customers and retailers
by adding 155,000 square feet of retail stores and restaurants, a
200-key luxury hotel, a second parking facility, and upgraded
customer amenities. Enhanced amenities will include a new
children's play area, improved crosswalks and wayfinding, and
generous landscaping.
The project, which will add more than 3,000 jobs and open in
phases, promises to further position Woodbury Common as
New York's premier shopping and
tourism destination and a vital economic anchor while building upon
a record of success. Once construction is complete, the expansion
of Woodbury Common will also generate substantial additional annual
tax revenues and economic benefits while attracting increased
tourism to the county and region.
"This visionary project will further energize Woodbury Common,
the Hudson Valley and the entire NYC metro area as a world-class
shopping and tourism destination that is so crucial to the region's
economic success today and in the future," said Silvestri. The
multi-year redevelopment of Woodbury Common is advancing through
the permitting and entitlements process, and approvals are
underway.
First news of Simon's proposal for Woodbury Common Premium
Outlets' new amenities and expansion was widely praised by
state and local leaders. "Woodbury Common is a vital community
partner and a major driver of our economy. I appreciate that Simon
continues to make significant investments at Woodbury Common, which
create jobs, grow tourism visitation, and benefit the community,"
said Orange County Executive Steve
Neuhaus.
About
Simon
Simon® is a real estate
investment trust engaged in the ownership of premier shopping,
dining, entertainment and mixed-use destinations and an S&P 100
company (Simon Property Group, NYSE: SPG). Our properties across
North America, Europe and Asia provide community gathering places for
millions of people every day and generate billions in annual
sales
View original content to download
multimedia:https://www.prnewswire.com/news-releases/simon-announces-exciting-additions-to-woodbury-common-premium-outlets-302126333.html
SOURCE Simon