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Indianapolis-headquartered Simon Property Group Inc. (NYSE: SPG) has acquired a large site that will be developed into a Nashville area luxury shopping and lifestyle destination known as Nashville Premium Outlets.

The new 325,000 square foot mixed-use center will be built in Thompson’s Station, Tennessee, at the intersection of Interstate 65 and Interstate 840, and will encompass approximately retailers, restaurants and a hotel, with the potential to add residential options, big-box retailers and more.

Construction is slated to start in 2026, and Simon is collaborating on this project with Nashville-based Adventurous Journeys.

“We are excited to bring another premier shopping and lifestyle destination to Nashville, one of our country’s most dynamic and fastest growing markets,” said Simon’s President of Premium Outlets and The Mills Gary Duncan. “Featuring great deals from iconic brands, our Premium Outlets also offer enticing food and entertainment options and elevated amenities for both shoppers and retailers alike. We look forward to bringing our distinctive luxury outlet shopping experience to metro Nashville, an area we know well and have long served.”

Photo courtesy of Simon Property Group