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by Ely Portillo

Charlotte, NC - Two new outlet malls are slated to open in Charlotte in 2014, adding three-quarters of a million square feet of retail space to the local market and setting up a potential contest between two mall powerhouses.

Simon Property Group said Thursday that it plans to open Charlotte Premium Outlets at Interstate 485 and Idlewild Road. Simon, which also owns and operates Concord Mills, SouthPark and Gaffney Premium Outlets, said the Charlotte outlets will be built in the southeast quadrant of the interchange.

The announcement by Simon came a day after Greensboro-based Tanger Outlet Centers announced plans to open Tanger Outlets Charlotte, only 22 miles away at Steele Creek Road and I-485.

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