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A joint venture between Shinsaegae, A Korean department store company and Simon Properties. There are 4 Simon premium outlets in ROK with the first and main outlet in Yeoju. Busan Premium Outlets [1] Jeju Premium Center; Paju Premium Outlets [1] Siheung Premium Outlets [1] Starfield Anseong; Starfield Hanam; Yeoju Premium Outlets [1]
The store closed in March 2019. [8] The Mall portion has had three owners during its history (both prior owners were purchased by Simon): Taubman Centers from its opening in 1997 until 2003; The Mills Corporation from 2003 until 2007; Simon Property Group, which owned 50%, and managed by Simon from April 2007 to until 2020
On May 28, 2014, the company, which at that time owned interests in 98 shopping centers, was spun off by Simon Property Group. [4] In June 2014, the company acquired its partner's 50% interest in Clay Terrace for $22.9 million. [5]
In the following year, Simon acquired a majority interest The Kravco Company, owner of the King of Prussia, for $300 million. [14] The company entered the outlet mall business in 2004 with the acquisition of Chelsea Property Group Inc. for $3.5 billion. [15] In April 2007, Simon and Farallon Capital acquired the Mills Corporation.
All former Mills malls became Simon properties at the acquisition date and are now shown on Simon's website. The Mills became Simon's fifth retail platform, along with Regional Malls (the 21st Century malls included) and Chelsea Premium Outlets. The new platform (for Landmark Mills only) is known as The Mills: A Simon Company.
Castleton Square is an enclosed shopping mall in the Castleton neighborhood on the northeastern side of Indianapolis, Indiana, United States.Built by Edward J. DeBartolo Corporation and Homart Development Company in 1972, it is owned and managed by Simon Property Group.
Woodburn Premium Outlets is an outlet mall in Woodburn, Oregon, United States. The complex, located between the cities of Portland and Salem on Interstate 5, opened in 1999 as the Woodburn Company Stores. [1] Owned and operated by Simon Property Group, the center has over 350,000 square feet (33,000 m 2) of retail space. [1]
Las Vegas Premium Outlets North is an outlet mall located on 40 acres (16 ha) in downtown Las Vegas, north of the Las Vegas Strip. It is an outdoor mall with 685,000-square-foot (63,600 m 2). It is owned and managed by Simon Property Group, and is part of Simon's Premium Outlets chain. It was co-developed with Chelsea Property Group, and was ...