Jersey Gardens

The Mills at Jersey Gardens
Location 651 Kapkowski Road
Elizabeth, NJ 07201
United States
Opening date October 21, 1999
Developer Glimcher Realty Trust
Owner Simon Property Group
No. of stores and services 230
No. of anchor tenants 9
Total retail floor area 1,292,611 square feet (120,087.5 m2)
No. of floors 2
Website http://www.jerseygardens.com

The Mills at Jersey Gardens, originally Jersey Gardens and later The Outlet Collection | Jersey Gardens is a two-level indoor outlet mall in Elizabeth, New Jersey. The mall opened on October 21, 1999, and is the largest outlet mall in New Jersey, and much closer to New York City than its largest outlet mall competitor, Woodbury Common.[1]

The mall was developed by Glimcher Realty Trust and owned and managed by Glimcher until January 2015, when it was sold to Simon Property Group as part of an acquisition of Glimcher by Simon's spinoff Washington Prime Group.[2] Simon owns and manages much of Jersey Gardens' outlet mall competition in the area, including Woodbury Common, and has integrated Jersey Gardens into its "Mills" outlet mall portfolio by renaming it "The Mills at Jersey Gardens".[3]

History

The mall was built on a former landfill, which required remediation prior to the mall development.[4] Plans for the 1,300,000-square-foot (120,000 m2) mall were announced in 1998 by Glimcher Realty Trust, emphasizing the sites proximity to the New Jersey Turnpike and its location in an Urban Enterprise Zone, making purchases eligible for a reduced 3½% sales tax rate, a potent lure for New York City residents paying a sales tax rate over 8%.[5] However, the sales tax on certain items, such as food and drink, have an additional 3% Elizabeth City Franchise Fee.

The mall is located near the Elizabeth Center in Elizabeth, New Jersey off the New Jersey Turnpike at Interchange 13A near Newark Liberty International Airport and is 30 minutes from Midtown Manhattan. The outlet mall has a Gross leasable area of 1,292,611 ft²,[6] placing it in the top ten among the largest shopping malls in New Jersey. The mall contains 230 stores and restaurants. Bus service is available on the NJ Transit route 111 bus that runs between Jersey Gardens and the Port Authority Bus Terminal in New York City.

A direct exit to the facility was constructed, allowing drivers direct access to the mall from the New Jersey Turnpike without driving through local Elizabeth streets. The developer will cover the $130 million cost of bonds for the overpass and ramps through property tax payments.[1]

References

  1. 1 2 "Outlet Mall Near Newark Airport Prepares to Open; A Turnpike overpass, a 22-screen cinema and over 190 retailers." The New York Times. August 29, 1999. p. RE9
  2. ↑ "." September 18, 2014. Retrieved September 19, 2014.
  3. ↑ http://business.simon.com/leasing/the-mills-at-jersey-gardens
  4. ↑ Antionette Martin (March 30, 2008). "Why Dumps Are Gaining in Allure". The New York Times. Retrieved May 12, 2012.
  5. ↑ "Mall Planned for New Jersey, With a Lure for New Yorkers", The New York Times, June 16, 1998, pg. B12
  6. ↑ International Council of Shopping Centers: Jersey Gardens, accessed November 6, 2006

External links

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