REAL ESTATE

Palm Beach Outlets gets three new luxury brands for its 5th anniversary

BY Al Urbanski

It was only five years ago, in February 2014, that Palm Beach Outlets opened in West Palm Beach, Fla., yet in that brief time the 440,000-sq.-ft. center has become an important magnet in the region.

Two-term West Palm Beach Mayor Jeri Muoio, who was in office at the time, puts the arrival of the New England Development-owned center into perspective.

“Thousands of jobs have been added, tourism to our city has grown, and it has become a beautiful anchor for our area. Palm Beach Outlets has helped to bolster the city’s economic resurgence,” Muoio said.

Tourism to Palm Beach County has grown 27% since Palm Beach Outlets opened, according to New England Development. In 2018, 8.02 million visitors came to The Palm Beaches, generating a record-high $7.4 billion in economic impact to the area.

Three new luxury retailers join Palm Beach Outlets as it begins its sixth year in business. Stuart Weitzman opened a store last month and Coach and Kate Spade New York plan openings for later this year.

The new arrivals join more than 100 brands at the center located right off I-95 on Palm Beach Lakes Boulevard. They include Ann Taylor Factory Store, Vera Bradley, Under Armour, Brooks Brothers Factory Store, Calvin Klein, Nautica, Nike Factory Store, and True Religion.

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