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by E.B. Solomont
BizJournals.com

Chesterfield, MO – With six months to go before two outlet malls are set to open in Chesterfield, tenants are very much in play. And the most recent buzz is that Polo, an anchor tenant for outlet centers, has signed with Taubman Prestige Outlets.

In an earnings call Feb. 14, Taubman officials were asked about signing Polo for the Chesterfield outlet, set to open Aug. 2. “I really can’t comment on individual tenants, but we’re very happy with the group of retailers that we’re bringing,” said Robert Taubman, chairman, president and CEO of Taubman Centers Inc. Earlier in the call he said the situation in St. Louis is competitive. “We have said for some time if two centers were built, it would fragment the market, both for retailers and customers,” he said. “This is clearly the situation.”

For its part, officials with Simon Property Group, the developer behind St. Louis Premium Outlets, has quietly begun talking to tenants about a second phase of development. “It’s indicative of how well our lease-up is going,” said Michele Rothstein, a Simon spokeswoman, who said St. Louis Premium Outlets is more than 90 percent leased. It is set to open Aug. 22.

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