Lake Buena Vista Factory Stores in Orlando Announces 110,000-SF Expansion
27 April 2015 - 2:30PM
Business Wire
The owners of Lake Buena Vista Factory Stores today announced
plans to expand their existing outlet center by 110,000 square feet
of leasable space by 2016. Sutton Properties, Inc. has received
approval by Orange County’s Board of County Commissioners to build
on an adjacent tract to the existing 238,000-square-foot center on
State Road 535.
The center’s ownership, development and management team
anticipates breaking ground on the $22 million project in the third
quarter of 2015 and grand opening the enlarged and refreshed center
in the summer of 2016. At that time, the outlet center will be
celebrating its 20th anniversary. Ownership estimates the expansion
will create 225 new jobs.
Opened in August 1996 as one of Central Florida’s first outlet
centers and a 2014 TripAdvisor® Certificate of Excellence award
winner, Lake Buena Vista Factory Stores offers 50 stores selling
factory-direct, premium quality merchandise from nationally-known
brands including Tommy Hilfiger, Calvin Klein, Nike, Gap, Ann
Taylor and Guess. The center is home to several retailers that
can’t be found elsewhere in Central Florida, including the area’s
only Old Navy Outlet, Big Dogs, Rawlings Factory Store and Eddie
Bauer Outlet. All existing stores will remain fully operational
throughout the expansion.
“Our factory stores experienced significant sales growth in
recent years as increasingly-savvy visitors and local shoppers,
alike, demand their favorite brands in broad selections at
tremendous savings,” said Sutton Properties President Sam Sutton.
“With this growth has come more inquiries from potential new
tenants, but with low store turnover, we needed more space to
maximize these opportunities. Expanding our center by nearly 50
percent will enable us to do so.”
Sutton anticipates the expansion will house both
nationally-popular brands as well as new to the market
international stores and restaurants, “making this a winning
proposition for both visitors and our loyal local resident customer
base,” he added.
Lake Buena Vista Factory Stores’ existing amenities include
convenient store front parking, free daily scheduled shuttles
servicing 66 Orlando and Kissimmee area resorts and hotels
comprising 34,338 rooms (the area’s only outlet shopping center
with such a service), a food court, World of Coffee Internet Café,
and Frankie Farrell’s Irish Pub & Grille.
The ownership and management team for the center developed the
TripAdvisor®, Expedia and Virgin Holiday award-winning adjacent
sister property, Lake Buena Vista Resort Village & Spa, with
its 496 unit condominium hotel, signature health spa, interactive
pool, tiki bar, and numerous resort amenities.
Lake Buena Vista Factory Stores is located just one mile from
Walt Disney World at 15657 State Road 535 (S. Apopka Vineland
Road), Orlando, FL 32821-6316, and two miles south of I-4, Exit 68.
For current hours and more information, including a downloadable
coupon to be exchanged on site for a coupon booklet valued up to
$400 in savings, visit www.LBVFS.com, or call 407-238-9301. For
current store news, deals and discounts, connect with the center on
Facebook, Twitter (@LBVFS) and Pinterest.
Lake Buena Vista Factory StoresTerry Lynn Morris, 407-238-9301,
x 106Director of Marketingtlmorris@lbvfs.comorBisbee and Co.
PRJennifer Bisbee, 407-857-6443jennifer@BisbeeAndCo.com