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04/26/2012 - 07:01 PM
CRAIG REALTY GROUP ANNOUNCES OUTLETS AT TRAVERSE MOUNTAIN OPENING HOLIDAY 2012
Lehi, Utah -

LEHI, UT – The Outlets at Traverse Mountain are slated to bring the Salt Lake City region an outlet shopping experience like none other in the state. Construction is well underway on the Outlets at Traverse Mountain with a targeted completion and grand opening set for November, 2012 just in time for the holiday shopping season. Strategically located on Interstate 15 at the Alpine/Highland interchange (SR-92), which generates approximately 55 million cars annually, the center is at the nucleus of growth for the greater Salt Lake City metropolitan area. The site itself is adjacent to an 180,000 square foot Cabela’s store that opened in September, 2005.  

The project is Craig Realty Group’s latest outlet shopping center development, with Phase I consisting of 225,000 square feet and approximately 52 stores. Confirmed tenants include Polo Ralph Lauren Factory Store; Nike Factory Store; Under Armour; Coach Factory; Calvin Klein; Banana Republic; Gap Outlet; J.Crew; Tommy Hilfiger; Levi’s; Van Heusen; Bass; Izod; Carter’s Childrenswear; OshKosh B’Gosh; Gymboree Outlet; Skechers; Vans; and Rocky Mountain Chocolate Factory.     

Typical of Craig Realty Group (CRG) centers, Outlets at Traverse Mountain will include many unique features that focus on creating an upscale and exceptional customer shopping experience. Despite the open-air architecture, fitted glass canopies will protect shoppers from the inclement weather typical of Utah winters. Additionally, radiant heated walkways will ensure pedestrian safety. A two-story, lodge-like Customer Service Center and Management Office will provide shoppers with a comfortable indoor visitor center for assisting with all their shopping needs. Upscale public and family restrooms will mirror the details that have become signature of all CRG centers. 

The center, located on a 50-acre parcel south of Salt Lake City is a joint venture between Craig Realty Group and Lehi-based, Legacy Retail, LLC. Nationally-ranked Layton Construction of Salt Lake City is the general contractor on the project. 

Construction is on schedule with the first tenant turnovers planned for September.  

About Craig Realty Group
CRG is a shopping center development firm founded by Steven L. Craig and is based in Newport Beach, California. The firm specializes in upscale factory outlet centers. The company currently owns and operates Outlets at Anthem in Phoenix, Arizona; Cabazon Outlets located near Palm Springs and Citadel Outlets in Los Angeles, California; Outlets at Conroe located near Houston and Outlets at Hillsboro south of Dallas/Fort Worth, TX; Outlets at Castle Rock located south of Denver, Outlets at Loveland located north of Denver, and Outlets at Silverthorne located west of Denver, Colorado; Outlets at Vicksburg in Mississippi and Woodburn Company Stores located near Portland, Oregon. Craig Realty Group also manages Lake Elsinore Outlets located in California.

The company is also currently developing Plaza San Clemente in San Clemente, California, a 650,000 square foot mixed-use project, Sussex Commons Lifestyle Outlets in Frankford Township, New Jersey, Chicagoland Outlets at Country Club Hills located 25 miles southeast of downtown Chicago, Illinois, and The Promenade Shops at Orchard Valley, a joint venture project in California’s central valley. Craig previously developed Carlsbad Company Stores, which was sold to an east coast developer, and Franciacorta Outlet Village in Brescia, Italy. Craig was also responsible for the development of Desert Hills Premium Outlets in Cabazon, California, one of the largest and most successful manufacturer outlet centers in the world and was instrumental in developing Camarillo Premium Outlets in Camarillo, California. For more information about the company, visit www.craigrealtygroup.com.

Contact: Sally Terando, VP of Leasing
(949) 224-4100

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