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horizon group properties inc (HGPI) Details

Horizon Group Properties, Inc. is a publicly owned real estate investment trust. The firm engages in the ownership, operation, and development of shopping centers in the United States. It operates through a subsidiary, Horizon Group Properties LP. Horizon Group Properties was founded in 1998 and is based in Rosemont, Illinois with additional offices in Muskegon, Michigan and Chicago, Illinois. Horizon Group Properties Inc. (OTCPK: HGPI) operates independently of Prime Retail Inc. as of June 17, 1998.

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horizon group properties inc (HGPI) Key Developments

Horizon Group Properties, Inc. and CBL & Associates Properties, Inc. Open The Outlet Shoppes of the Bluegrass

Horizon Group Properties Inc. and CBL & Associates Properties Inc. announced the opening of The Outlet Shoppes of the Bluegrass, which opened fully leased with 90 stores and eateries. The center opened to the public with a wide variety of well-known designer outlets, including Saks Fifth Avenue OFF 5TH, Nike, Brooks Brothers, Guess, Chico's, Coach, Banana Republic, J. Crew, Michael Kors, Tommy Hilfiger, Under Armour, Vera Bradley and more. Additional stores will be opening in the fall including Gucci, Kate Spade, and Tumi. The Outlet Shoppes of the Bluegrass is the only outlet center in the state and is located between Louisville and Lexington on Interstate 64. Over 68,000 cars pass by the site daily. The center is expected to draw over six million visitors a year from the three state area plus travelers on Interstate 64. Construction on the 375,000 sq. ft. outlet center began in May of 2013. Built in a shopper-friendly racetrack layout, the center has covered structure walkways to maximize comfort and convenience for patrons. Two entrance corridors on the north side of the property feature fifteen Louisville Slugger bronze sculpture replica bats used by Hank Aaron, Cal Ripken Jr., Babe Ruth, George Brett and more. The area is located near the Under Armour, Converse, Nike and Loft stores. The Outlet Shoppes of the Bluegrass boasts landscaped courtyards, vibrant architectural features and a fun lively setting. The center features a large food court, children's play area, center court stage with fireplace, fountains and other amenities to encourage shoppers to fully enjoy the lively retail and entertainment choices.

Horizon Group Properties to Develop Outlet Center at Rentschler Field in East Hartford, CT

Horizon Group Properties Inc. announced that it has entered into an agreement to develop a new outlet center in East Hartford, Conn. The 350,000 square foot center, to be named The Outlet Shoppes at Rentschler Field, is scheduled to open in the summer of 2016 and will feature well-known brands and designer outlets. The center will be built on the site of the former airstrip, Rentschler Field.

CBL & Associates Properties, Inc. and Horizon Group Properties Announce Opening of the Outlet Shoppes at Atlanta

CBL & Associates Properties Inc. and Horizon Group Properties Inc. celebrated the Grand Opening of The Outlet Shoppes at Atlanta with a ribbon cutting ceremony held at 10:00 a.m. EDT. The center opened approximately 97% leased or committed featuring the best-known brands and designer outlets, including Nike, Saks Fifth Avenue OFF 5TH, Bose, Brooks Brothers, Calphalon, Columbia Sportswear, True Religion, Cole Haan, White House | Black Market, Guess, Fossil, Michael Kors, Kate Spade, Under Armour, and Talbots. The Grand Opening activities will run through July 21 and will feature live entertainment by popular area musicians, store promotions, giveaways and more. The weekend entertainment will conclude with a live concert Sunday afternoon by Watermark. Special hours for the Grand Opening weekend are Thursday thru Saturday 10 a.m. -- 10 p.m. and Sunday 11 a.m. -- 7 p.m. The Outlet Shoppes at Atlanta is located north of Atlanta at the newly constructed exit off I-575 at Ridgewalk Parkway in Woodstock. More than 112,000 cars pass the site daily. The center is convenient to travelers on Interstates 75, 85 and 20 and is expected to draw over four million visitors annually from a three-state area. Designed in a shopper-friendly configuration, the center features covered walkways and landscaped courtyards to maximize the comfort and convenience of shoppers. Its design blends traditional architecture with lively features including a children's play area. A center court, complete with fountains and a fireplace, will create a festive atmosphere for shoppers and visitors to the center. The site can accommodate an additional 30,000 square feet of outlet shops and also features seven parcels for restaurants, service businesses and other retail uses.


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