Quarterly report pursuant to Section 13 or 15(d)

Developments of Consolidated Outlet Centers

v3.23.1
Developments of Consolidated Outlet Centers
3 Months Ended
Mar. 31, 2023
Real Estate [Abstract]  
Developments of Consolidated Outlet Centers Developments of Consolidated Outlet Centers
The table below sets forth our consolidated outlet centers under development as of March 31, 2023:
Project Approximate Square Feet
(in 000’s)
Estimated Total Net Cost
(millions)
Costs Incurred to Date
(in millions)
Projected Opening
New Development:
Nashville 290 
$142 - $150
$62.8 Fall 2023
During the second quarter of 2022, we purchased land in the Nashville, Tennessee area for approximately $8.8 million and began construction on the development of our wholly-owned outlet center.