The Palm Beach Mall, in West Palm Beach, will be redeveloped as the Palm Beach Fashion outlets, bringing construction and ultimately hundreds of jobs to the mostly shuttered retail center.
Once revamped, it will offer an open-air outlet center beside a shopping center, according to a news release from New England Development, Eastern Real Estate and Lubert-Adler, all of which joined to buy the 80-acre property.
Marketing materials released at a retail conference showed premium outlets, including Nordstrom Rack, Bloomingdale’s Outlet Store and Neiman Marcus’ Last Call.
That scope of project could become a shopping destination for people from outside the county, said Kelly Smallridge, president and CEO of the Business Development Board of Palm Beach County.
“If it’s anything like what we’ve seen in other parts of our state, it really is an attraction for people to come and visit,” she said. Those shoppers tend to spend an overnight or weekend, and money could trickle into West Palm Beach’s CityPlace and Clematis Street corridor, she said.
The fashion outlet center is expected to open in 2013.