Groundbreaking ceremony for new Charlotte outlet mall

Posted: Friday, September 20, 2013 3:50 PM ESTUpdated: Friday, September 20, 2013 7:29 PM EST

CHARLOTTE, NC (WBTV) -

A big step forward today in creating Charlotte's newest shopping destination. Ground was broken for the new Charlotte Premium Outlets.

They'll be in the Steele Creek area of Charlotte, off exit 4 on I-485. Those behind the plan also run the outlets at Gaffney and Concord Mills. It is a joint venture between Simon Property Group and Tanger, a big name in outlet malls.

The new outlet will have 90 stores anchored by Saks Fifth Avenue Off 5th. It is a $100 million investment set to open by next summer.

"It is going to be more than 600 jobs just for construction by the time its all done," said City Council Representative for District 3, LaWana Mayfield.

Add to that hundreds of positions that will have to be filled once the stores open.

Some neighbors have expressed concern about additional traffic and runoff onto their properties created by the new venture.

"We've taken their input into the process and I hope we deliver a project they are happy with at the end of the day," said Mark Silvestri with Simon Property Group.

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Source: Wbtv