Oct
23

$80 Million Outlet Center Planned for Charlotte

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Adding a new destination to the Queen City marketplace, Tanger Factory Outlet Centers Inc., Childress Klein Properties and Steele Creek LP plan to develop an $80 million outlet center in Mecklenberg County.

The development site sits at the Steele Creek Road interchange of Interstate 485, just eight miles southwest of uptown Charlotte. There is room to expand the 350,000-square-foot outlet center by 50,000 square feet down the road. The initial phase is penciled for a 2014 delivery.

Steele Creek was created by Sarah Belk Gambrell, a Charlotte civic leader who will be developing ancillary uses around the outlet center.

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