Chattanooga, Tenn. -- The Outlet Shoppes at Atlanta celebrated its grand opening with a ribbon-cutting ceremony this morning.
A joint venture and co-development of CBL & Associates Properties and Horizon Group Properties, the 370,000-sq.-ft. center features a host of national brands and designer outlets.
Located north of Atlanta at a newly constructed exit off Interstate 575, more than 112,000 vehicles pass the site daily. The center is also convenient to travelers on Interstates 75, 85, and 20.
Estimates project that The Outlet Shoppes will draw more than four million visitors annually from a three-state area and generate more than $130 million in annual sales.
Already 97% leased, the site can accommodate an additional 30,00 sq. ft. of outlet shops. It also offers seven parcels for restaurants, service businesses and other retail uses.