The outlet mall currently under construction in Eagan isn't expected to open until the end of the summer, but 90 percent of the space at the new center is already leased.
The Business Journal reports that Paragon Outlet Partners, based in Baltimore, said that it has nailed down more commitments from retailers at the 409,000-square-foot center, under construction a few minutes south of the Mall of America at the intersection of Cedar Avenue and Highway 13. The $100 million project is scheduled to open in August with 100 stores.
The latest chain merchandisers to sign on include Reebok, Old Navy, True Religion, Lucy, Talbots, Gymboree and Movado. Previously announced tenants include Saks Fifth Avenue Off 5th, Coach, Michael Kors, Calvin Klein, Brooks Brothers, J.Crew, Banana Republic, Gap, Polo Ralph Lauren, adidas and Nike.
“Leasing has progressed at a rapid and rewarding pace,” Paragon Principal Nicholas King said.
Work on the mall began last June. Construction on the project generated enough work for crews that it was credited with pushing the Twin Cities to the top of a list from Colliers International that tracked retail construction.
The area around the mall is changing. Earlier this month, Finance and Commerce reported that a new and expanded transit stop in the center median of Highway 77 was okayed by the Dakota County Regional Railroad Authority. Construction on the $14.6 million project could begin in spring of 2015. The story said that the city is also building a 1,550-space parking garage nearby.
A 190-unit apartment complex with 11,000 square feet of retail space is expected to start leasing in late 2014 or early 2015. In addition, St. Paul-based Morrissey Hospitality Cos. has proposed a 123-room extended stay hotel.