CHARLOTTE—Plans to build an outlet mall in southwest Charlotte are getting high praise from Triad leaders who have a similar center.
The proposed Tanger Outlet would join Mebane in Alamance County and two other locations in North Carolina. The project has helped economically in Alamance County as Charlotte City Council members make their final moves before construction can begin.
More than two years after the Tanger Outlet Center opened in the Alamance County community of Mebane, area leaders said the economic ripple effect continues nearby.
"I think it's been great, because people want to be close. I bet we have 10 new restaurants down there," said Alamance County Commissioner Linda Massey.
Charlotte leaders hope to join Mebane and greenlight the state's fourth Tanger Outlet Center on a plot of land near Interstate-485 in southwest Charlotte. Supporters believe the 80-acre mixed use shopping center will be a regional draw.
"We're looking at this expanding well beyond the Charlotte region, really as far as Atlanta, Virginia area,” said Charlotte City Council Member LaWana Mayfield.
The developer wants to spend up to $8 million in roadway improvements and have the city and Mecklenburg County reimburse more than $5 million across a decade. Mecklenburg County Commissioners approved their end Tuesday and the city council will vote on the proposal Monday.
"We want to provide the road infrastructure so when we have the 28,000 cars that are projected they can make sure they can in the mall and get out the mall, so we're trying to be proactive,” said Charlotte City Council Member James Mitchell.
One Alamance County Commissioner said Thursday the proposed city and county assistance is worth it and will pay itself back for years to come in new tax revenues, jobs, and businesses.
"What most people don't understand when you give an incentive, you give it, because you are going to get something in return,” said Alamance County Commissioner Linda Massey.
It's estimated Tanger Outlet in Charlotte will generate more than $10 million in annual sales tax revenue and create 900 full and part-time jobs when it's scheduled to open in the summer of 2014.