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Nordstrom to open a new store at Indianapolis Fashion Mall
04 Dec '06
2 min read
Seattle-based Nordstrom Inc, a leading fashion specialty retailer, announced it has signed a letter of intent with Simon Property Group Inc, the country's largest owner, developer and manager of quality retail real estate, to open a new Nordstrom store at Fashion Mall at Keystone in Indianapolis. The brand new two-level, 130,000 square foot store will be located in the space currently occupied by Parisian.
Parisian will continue to operate until the summer of 2007. Nordstrom will extensively remodel the existing building and open for business in the fall of 2008.
"We've had the privilege of serving customers in the Indianapolis metropolitan area since 1995 with our Circle Centre store," said Erik Nordstrom, President of stores for Nordstrom. "Fashion Mall at Keystone is a quality shopping center that will allow us to more conveniently serve the communities in north Indianapolis as well as the areas in and around central Indiana."
"We're pleased to welcome Nordstrom to The Fashion Mall," said David Simon, Chief Executive Officer of Simon. "Nordstrom's presence at Keystone will only enhances what is already an outstanding retail project and further demonstrates our ability to redeploy department store locations in quality retail projects to quality impact retailers.
"We are pleased to continue to grow our relationship with Nordstrom," Simon added. "This outstanding retailer already has 21 stores in our regional mall portfolio." The Nordstrom store at Aventura Mall in North Miami Beach, Fla. is currently under construction and over the course of 2006, Nordstrom has announced seven additional new stores at Simon projects in five major markets: Boston, Indianapolis, Pittsburgh, Lawrenceville (Princeton) and Tacoma (relocation).
Parisian will continue to operate until the summer of 2007. Nordstrom will extensively remodel the existing building and open for business in the fall of 2008.
"We've had the privilege of serving customers in the Indianapolis metropolitan area since 1995 with our Circle Centre store," said Erik Nordstrom, President of stores for Nordstrom. "Fashion Mall at Keystone is a quality shopping center that will allow us to more conveniently serve the communities in north Indianapolis as well as the areas in and around central Indiana."
"We're pleased to welcome Nordstrom to The Fashion Mall," said David Simon, Chief Executive Officer of Simon. "Nordstrom's presence at Keystone will only enhances what is already an outstanding retail project and further demonstrates our ability to redeploy department store locations in quality retail projects to quality impact retailers.
"We are pleased to continue to grow our relationship with Nordstrom," Simon added. "This outstanding retailer already has 21 stores in our regional mall portfolio." The Nordstrom store at Aventura Mall in North Miami Beach, Fla. is currently under construction and over the course of 2006, Nordstrom has announced seven additional new stores at Simon projects in five major markets: Boston, Indianapolis, Pittsburgh, Lawrenceville (Princeton) and Tacoma (relocation).
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