Simon's Chelsea Outlet Division Begins Construction of Ami Premium Outlets(R) (Centre Daily Times)

Simon Property Group, Inc. (NYSE: SPG), announced today that its 40%-owned joint venture, Chelsea Japan Co., Ltd., began construction of Ami Premium Outlets, the joint venture's eighth project. Phase I, comprising 225,000 square feet of gross leasable area (GLA), is scheduled to open in the summer of 2009 with approximately 100 tenants, including global brands, domestic brands and restaurants. ...

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