Prime Outlets Selects Partners To Begin Development of Region’s Largest Outlet Shopping Destination

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Construction to Begin Fall 2008

GRAND PRAIRIE, Texas, March 7 /PRNewswire/ — Prime Retail, one of the nation’s largest and most successful developers of outlet centers, announced today its architectural and engineering development partners for its newest project, Prime Outlets – Grand Prairie, a 485,000 square foot upscale outlet shopping destination slated to open to shoppers for the 2009 holiday season.

With a construction groundbreaking ceremony slated for fall 2008, Prime Retai’s development partners include:

Dalpos Architects, LLC: Founded in 1971, Dalpos Architects, LLC provides professional services to building projects throughout the United States. Award-winning projects include regional shopping malls, retail sales facilities, restaurants, hotels, corporate headquarters, office buildings, government and public facilities, theaters, high-end residential sites and condominiums.

TCB, Inc.: Established in 1946, TCB, Inc. is the southwest’s premier multi-discipline engineering, planning, and project management company. As an AECOM company, TCB, Inc. is part of a global provider of professional technical and management support services to a broad range of markets including transportation, facilities, environmental and energy.

Designed in an open air architectural style environment, Prime Outlets – Grand Prairie will feature 120 top designer and name brand outlet stores offering local shoppers and tourists alike everyday savings of 25 to 65 percent off retail prices. The region’s largest shopping destination, to be located on the north side of Interstate 20 between the future extension of the TX-161 toll way and 360, will also include more than 2,700 parking spaces, an on-site food court and restaurant locations that will surround the outlet center.

About Prime Retail

Headquartered in Baltimore, Md., Prime Retail is the parent company of Prime Outlets and one of the largest and most successful owners of retail centers in the U.S. Spanning approximately 15 million square feet throughout major United States markets and Puerto Rico, Prime Retail recently added top designer and brand name stores including Giorgio Armani General Store, Gucci, Michael Kors, Polo Ralph Lauren Factory Store, Salvatore Ferragamo Company Store, Zegna Outlet and many more to its portfolio. Adding nearly two million square feet over the next several years, Prime Retail is positioned to become the leading retail outlet company in the industry. For more information, please visit www.primeretail.com.

SOURCE Prime Retail

© 2007 PR Newswire. All Rights Reserved.

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