Simon Property to purchase large site in metro Nashville

Simon announced that it has entered into an agreement to purchase a large site in metro Nashville where it will develop a new luxury shopping and lifestyle destination known as Nashville Premium Outlets. Set to be built in Thompson’s Station, Tenn., at the intersection of Interstate 65 and Interstate 840, Nashville Premium Outlets is expected to be a draw not only for residents, but shoppers and tourists from around the state and region. Simon is collaborating on this project with Nashville-based Adventurous Journeys Capital Partners, a visionary company known for its transformative work in hospitality and real estate development. Construction on the approximately 325,000 square foot mixed-use center is expected to begin in 2026, with preliminary plans to include approximately 75 best-in-class retailers, restaurants and a hotel, with the potential to add residential options, big-box retailers and more.