Outlet Mall Near Cabela’s Gets Green Light

The 330,000-square-foot shopping mall is planned for the east side of Interstate 35.

FORT WORTH—With a vote of seven to one, the city council recently approved a $20 million economic incentive for The Outlets at Alliance, a development of Fort Worth-based The Woodmont Company and AIL Investment LP, a Hillwood Properties entity. The incentive is a grant of 85% of the city’s 1-cent sales tax if the project reaches $100 million in investment.

Woodmont Company chairman Stephen Coslik tells GlobeSt.com: “We continue to be thankful for the support from the city of Fort Worth on our Outlets at Alliance project.  We have known for some time that we have the best real estate and our cross traffic draw with Cabela’s will benefit the area from a tourism and economic development standpoint.”