Congratulations to Outlets of Little Rock and New England Development for successfully opening their newest outlet center in the United States! A milestone has been achieved, as thousands of area residents and visitors will be drawn to Arkansas’s only outlet center.
The collaborative effort between New England Development and BG, Inc. continues to craft innovative marketing strategies for their national outlet centers, all of which are first-in-market and experiencing record grand opening sales numbers. This growing partnership has already launched the Palm Beach Outlets and Asheville Outlets, with future initiatives including the Outlets of Des Moines and Outlets of Michigan already underway.
So from everyone here at BG… Cheers to Outlets of Little Rock!
About Outlets of Little Rock
Outlets of Little Rock is Arkansas’s only outlet center. The open-air lifestyle destination is located in Gateway Town Center at the intersection of I-30 and I-430, neighboring the only Bass Pro Shops store in Arkansas. Outlets of Little Rock is a project of Massachusetts-based New England Development. The center is projected to have a significant economic impact on Little Rock and the surrounding region. The construction phase has provided approximately 1,000 jobs, and 800-1,000 people will be hired to work in the stores and at the center. Outlets of Little Rock is expected to generate approximately $100 million in annual retail sales, which will in turn generate $6.5 million in state sales taxes, $1 million in county taxes and $1.5 million in city taxes.
About New England Development
For more than 35 years, New England Development has taken a creative, entrepreneurial approach to real estate development and management – delivering and sustaining successful projects across a wide range of property types – and across the country. New England Development’s growing portfolio of retail projects includes an exciting mix of outlet centers including Palm Beach Outlets in West Palm Beach, Florida, and Asheville Outlets® in Asheville, North Carolina. Outlets of Little Rock in Little Rock, Arkansas, will open October 16, 2015. Additional outlet centers in development include Outlets of Des Moines in Altoona, Iowa; Clarksburg Premium Outlets® in Clarksburg, Maryland; and Outlets of Michigan in Romulus, Michigan.