Woodbury Common Outlets Submits Plans for $250 Million Expansion
By JOHN JORDAN – September 26, 2023
CENTRAL VALLEY, NY—Who said brick and mortar retail is dead. Woodbury Common Premium Outlets has new plans to dramatically grow the retail enterprise here in Orange County. The owner of the property, Simon Property Group, launched plans for a new expansion of the property located at the intersection of I-87 and Route 17. The latest expansion plan is valued at $250 million and, if approved, will feature:
- 155,000 gross square feet of new retail/restaurant space.
- A parking deck with 3,000+ spaces that will consolidate surface parking areas and promote safety by reducing pedestrian/vehicular intersections, Simon officials stated.
- 21,000 gross square feet of tenant storage space.
- A 200-room hotel, which is expected to be built in the later stages of the project.
- Enhanced amenities that include a pedestrian-focused design with additional walkways, improved crosswalks and enhanced wayfinding; a new children’s play area and new and improved landscaping.
Woodbury Common has submitted a Draft Supplemental Environmental Impact Statement to the Village of Woodbury Planning Board to begin the municipal-review process.
“Woodbury Common Premium Outlets has been proud to be a dynamic source of economic growth generating hundreds of millions of dollars in tax revenue and thousands of jobs, as well as being a caring community neighbor,” said David Mistretta, Woodbury Common Premium Outlets General Manager.
Orange County Executive Steven Neuhaus said, “We’re grateful that since Day 1, Woodbury Common has been a great neighbor, created numerous entry level and career path jobs and been a major driver of both sales tax revenue and regional economic opportunity.”
L. Todd Diorio, president of the Hudson Valley Building & Construction Trades Council, told CONSTRUCTION NEWS that he is confident the Woodbury Common expansion project will be undertaken under a Project Labor Agreement. Prior expansion projects at the retail center have been performed under PLAs. Mr. Diorio said discussions on crafting a PLA have begun with representatives of Woodbury Common.
Simon listed a host of benefits for the local area if the proposed development project was approved, such as:
- Substantial additional property and sales tax revenue to be shared by the Town and Village of Woodbury, Orange County, the Monroe-Woodbury School District, the Metropolitan Transit Authority, and police services in Woodbury and New York State.
- More than 3,000 jobs, including: 770 additional full-time and part-time jobs, plus an additional 296 indirect and induced jobs in New York State.
Nearly 2,000 direct and indirect construction jobs, including 1,659 on site.
Woodbury Common Premium Outlets currently employs 5,000 full-time and part-time during peak season. Woodbury Common debuted in 1985 with 25 stores encompassing 115,000 square feet. Today, it features more than 912,000 square feet of retail space and more than 250 outlet stores after completing multiple expansion projects.