Simon Property Group, Inc. (NYSE: SPG), has announced that Saks Fifth Avenue OFF 5TH will anchor two new centers in development in its Premium Outlets division: Phoenix Premium Outlets, currently under construction with a spring 2013 opening planned.

Located adjacent to the Wild Horse Pass Hotel and Casino in the Wild Horse Pass Development located off Interstate 10 at Exit 162, Phase 1 of the center will be comprised of 360,000 square feet, housing approximately 90 outlet stores featuring designer and name brands.

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