Ground is being broken Friday on a 120-store open-style outlet shopping center in west Livermore that will include Barney's New York Outlet, Neiman Marcus Last Call and Saks Fifth Avenue OFF 5TH. It is expected to bring 2,000 jobs to the area.
Paragon Outlet Partners, a retail real estate development firm headquartered in Baltimore, announced today that construction will begin next week on a 543,000-square-foot outlet, which it plans as a shopping destination for the Bay Area.
"The addition of this world-class outlet shopping center will generate significant revenue and bring much needed jobs to Livermore," said Livermore Mayor Marshall Kamena. "The outlet center is also a vital part of strengthening our ability to attract tourists to the area."
The outlets, which are scheduled to open in November 2012, will be located on I-580 at the El Charro exit in Livermore, near the Pleasanton border. The property is 64 percent committed with merchants including Banana Republic Factory Store, Barney's New York Outlet, Cole Haan Company Store, J.Crew, Michael Kors, Neiman Marcus Last Call, Nike Factory Store, Saks Fifth Avenue OFF 5TH and Tommy Hilfiger.
"It is our mission to create well-tenanted outlet centers that offer shoppers access to a collection of the world's leading designer and brand-names," said Robert Brvenik of Paragon Outlet Partners. "Not only will Paragon Outlets Livermore become one of the region's most popular shopping destinations for both local consumers and its tourist base, but a property that will also bring more than 2,000 jobs to the region, as well."
The groundbreaking will take place at 10 a.m., Friday, Aug. 26, with Kamena, Brvenik and Alameda County Board of Supervisors Scott Haggerty.