Merrimack Premium Outlets Benefits
Jobs:		More than 1,000 new jobs
Real Estate Taxes:		Approximately $800,000 - $1.3 million (estimated by town's consultant)
Tourism:		Over 5 million visitors anticipated annually
Merrimack Premium Outlets Project Facts
Description:		A new Premium Outlet® Center to house approximately 135 designer and name-brand outlet stores, representing the finest names in fashion, home furnishings and more, conveniently arranged in an open-air pedestrian village of boutique shops. The center will be built in two phases utilizing local New England architecture and landscaping, and will include various consumer amenities, including restaurants, courtyards, fountains, local tourism resources, and public spaces.
Location:		Located on Industrial Drive at Exit 10 off the F.E. Everett Turnpike, Merrimack, NH
Size:		Premium Outlet Center: Phase I - 430,000 square feet, Future - 120,000 square feet Restaurants: Up to 4 restaurants and a Food Court Hotel: 200 rooms
Acreage:		Approximately 170 acres
Developer:		Chelsea Property Group, the world's largest developer, owner and operator of manufacturers' outlet centers, is a wholly-owned subsidiary of Simon Property Group, Inc. It owns interests in 56 Premium Outlet® centers and other retail properties -- containing over 18.8 million square feet of GLA -- in 27 states, Japan and Mexico. The Company's leading properties include Woodbury Common Premium Outlets, near New York City; Orlando Premium Outlets, in Orlando, Florida; Desert Hills Premium Outlets, near Palm Springs, California; Wrentham Village Premium Outlets, near Boston; and Gotemba Premium Outlets, near Tokyo, Japan.
Estimated Cost:		Over $100 million