EAST HARTFORD, CT—Horizon Group Properties Inc. reports it has struck a deal to build a new outlet center at a former airstrip here.
The Norton Shores, MI-based developer says it plans to build a 350,000-square-foot outlet center at the site to be named The Outlet Shoppes at Rentschler Field.
Horizon officials state that the center will feature covered walkways and landscaped courtyards and will include a children's play area and a center court. The project is scheduled to open in the summer of 2016. The development can also accommodate a 50,000-square-foot expansion.
"We look forward to developing this property," says Gary J. Skoien, chief executive officer of Horizon Group Properties in a press announcement. "Rentschler Field has been a recognized location and destination to the people of Hartford and Connecticut, New York, Massachusetts, and other surrounding states for many years."
Rentschler Field is adjacent to Pratt & Whitney and the United Technologies Research Center, and is home to the University of Connecticut's football stadium and Cabela's, a leading outdoor experience store.
United Technologies owns a majority of The Rentschler Field property and has retained The Matos Development Group as the master developer, according to the Hartford Courant.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.