Tanger Factory Outlet Centers (SKT) breaks ground on Nashville center.

Tanger Factory Outlet Centers, Inc. (SKT) announced today that it has commenced construction of a 290,000 sf open-air shopping center in Nashville. The center, which is slated to open in Fall 2023, is part of a larger mixed-use development known as Century Farms.

"Tanger wholeheartedly believes in the Nashville market, and we are proud to deliver the city's first open-air outlet shopping experience," said Stephen Yalof, CEO of Tanger Outlets. "We build our centers with future generations in mind, and Tanger Outlets Nashville will serve as an experience hub, immersing guests in all that Tanger represents – from best-in-class brands to partnerships with local causes, to celebrating community and culture in an inviting environment. The center will also be steeped in Nashville flavor, with special attention to iconic entertainment and local dining favorites."

Tanger Centers specializes in the ownership, management and development of factory outlet centers in the United States and Canada. The company's portfolio consists of 30 wholly-owned and six joint venture properties with a combined GLA of 13.6 million sf. SKT is a member of the S&P SmallCap 600 with a total market capitalization of $3.3 billion.