New Developments of Consolidated Outlet Centers
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6 Months Ended |
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Jun. 30, 2014
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Real Estate Developments [Abstract] | |
New Developments of Consolidated Outlet Centers |
New Developments of Consolidated Outlet Centers
Foxwoods, Connecticut
In September 2013, we broke ground at Foxwoods Resort Casino in Mashantucket, Connecticut on Tanger Outlets at Foxwoods. We own a two-thirds controlling interest in the joint venture, which will be consolidated for financial reporting purposes. To date, we have contributed approximately $29.4 million to the project for construction and development activities. The approximately 314,000 square foot project will be suspended above ground to join the casino floors of the two major hotels located within the resort, which attract millions of visitors each year. We currently expect the property to open in the second quarter of 2015.
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- Definition
New Developments [Text Block] No definition available.
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- Details
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