Building Industry Association (BIA) President Perry Lyons believes Simpsonville is on the brink of emerging as a growing, upscale suburb as plans ramp up for the completion for a new $80 million outlet shopping facility.
By late summer this year, Simpsonville, Ky will become the new destination for the Outlet Shoppes at Louisville, an 80 store outlet mall, located nine miles east of the Gene Snyder Freeway just off Exit 28 on Interstate 64.
The new outlet will be Kentucky’s biggest outlet and home to at least 80 new stores including Saks, Coach, and J.Crew. By the holiday season, the outlets are expected to attract traffic that will “resemble traffic in front of the Mall St. Matthews,” according to Shelby County Judge Executive Rob Rothenberger.
This new development is said to rival the 85-store Edinburgh Outlet which is about an hour drive north of downtown Louisville. With nine buildings under construction, the retail destination will host more than 80 stores and enough parking spaces (2,200) to accommodate each Simpsonville household twice.
On the heels of the outlet opening, Lyons predicted that an entire community of restaurants, hotels, boutique retailers, housing developments, convenience stores, and more will spring up within three years of the outlet mall completion. This growth spurt, occurring by the end of the decade, will eventually resemble other suburbs that have grown up under similar circumstances like Springhurst Towne Center and the Paddock Shops.
With the recent expansion of the BIA definition, many of the developments and industries predicted to emerge from this project could become a vital part of this growing organization.