Woodbury Common Expansion Project Calls for 20 New Store Openings in 2024
CENTRAL VALLEY—The owner of the Woodbury Common Premium Outlets, which previously announced plans for a $250-million expansion project, recently updated other upcoming customer experience enhancements and new store openings at the iconic Orange County-based property.
Indianapolis IN-based Simon reports that the first enhancement to be unveiled will be a new VIP Suite, which will feature multiple private spaces with exclusive dressing rooms, an upscale lounge area with plush furnishings and curated art, and a private kitchen. The opulent suite will allow guests to explore the latest fashions from luxury brands in privacy and comfort. The VIP Suite will host private events, as well as offer personalized service and curated customer experiences. The multi-million-dollar suite is expected to open later this year in the heart of the center’s luxury wing, “The Adirondacks District,” Simon officials stated.
Woodbury Common Premium Outlets reported that 20 stores opened or expanded in 2023, and more than 20 are planned to debut in 2024. New offerings in 2024 include David Yurman, Roberto Cavalli, Maison Margiela, Ladurée, BOGNER, Sferra, Bollicine Champagne Bar, Jil Sander, Eleventy, and Reformation among others. In addition, Arc’teryx, Tory Burch, Marc Jacobs and Golden Goose are all expanding their footprints at the center this year.
L. Todd Diorio, president of the Hudson Valley Building & Construction Trades Council, recently told CONSTRUCTION NEWS that negotiations were ongoing on a Project Labor Agreement on the expansion project work at Woodbury Common with property owner representatives.
“This visionary project will further energize Woodbury Common, the Hudson Valley and the entire NYC metro area as a world-class shopping and tourism destination that is so crucial to the region’s economic success today and in the future,” said Mark Silvestri, Simon’s President of development. The multi-year redevelopment of Woodbury Common is advancing through the permitting and entitlements process, and approvals are underway.
Orange County Executive Steve Newhaus said, “Woodbury Common is a vital community partner and a major driver of our economy. I appreciate that Simon continues to make significant investments at Woodbury Common, which create jobs, grow tourism visitation, and benefit the community.”
Brands continue to exceed expectations at Woodbury Common, with fourth quarter 2023 sales surpassing $375 million. The property generates more than $1.2 billion in sales annually making it an important economic engine in New York.
In September 2023, plans to expand Woodbury Common Premium Outlets were unveiled. The $250-million project will further elevate the shopping experience for customers and retailers by adding 155,000 square feet of retail stores and restaurants, a 200-key luxury hotel, a second parking facility, and upgraded customer amenities. Enhanced amenities will include a new children’s play area, improved crosswalks and wayfinding, and generous landscaping.
The project will open in phases. Once construction is complete, the expansion of Woodbury Common will also generate substantial additional annual tax revenues and economic benefits while attracting increased tourism to the county and region.
Among the benefits from the expansion project are 770 additional full-time and part-time jobs, plus an additional 296 indirect and induced jobs in New York State and nearly 2,000 direct and indirect construction jobs, including 1,659 on site.