Lake Buena Vista Factory Stores to undergo large expansion
The owners of Lake Buena Vista Factory Stores have announced plans to expand their existing outlet center by 110,000 square feet by 2016.
The center’s ownership, development and management team anticipates breaking ground in the third quarter of 2015 and opening the enlarged and refreshed center in the summer of 2016. At that time, the outlet center will be celebrating its 20th anniversary.
Opened in August 1996, Lake Buena Vista Factory Stores offers 50 stores selling 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 store front parking, free daily scheduled shuttles servicing 66 Orlando and Kissimmee area resorts and hotels and a food court.
Lake Buena Vista Factory Stores is located just one mile from Walt Disney World and two miles south of I-4 at exit 68. For current hours and more information, visit LBVFS.com.