Business Briefs: CBL opens 99-store outlet center in Georgia

Business Briefs: CBL opens 99-store outlet center in Georgia

July 19th, 2013 by Staff Reports in Business Around the Region

The headquarters of CBL and Associates is located next to Hamilton Place Mall in East Brainerd.

Photo by Tim Barber/Times Free Press.

CBL opens 99-store outlet center in Georgia

CBL & Associates Properties Inc. on Thursday marked the opening of its 99-store outlet center outside Atlanta in Woodstock, Ga.

The Outlet Shoppes at Atlanta is opening about 97 percent leased or committed, according to the Chattanooga-based shopping center company.

The outlet center, developed along with Horizon Group Properties, features stores including Nike, Saks Fifth Avenue OFF 5TH, Bose, Brooks Brothers, Calphalon, Columbia Sportswear, True Religion and Cole Haan.

"The Outlet Shoppes at Atlanta brings the best outlet retailers together in an ideal location," said Stephen Lebovitz, president and chief executive officer of CBL.


Watts Bar plant on budget

The Tennessee Valley Authority is meeting its budget, safety and schedule targets to complete the Unit 2 reactor at the Watts Bar Nuclear Plant within the next three years. In a quarterly update on the $4 billion project, TVA Senior Vice President Mike Skaggs said the quality of acceptance rate for completed work remains high and workers achieved more than 19.7 million hours during the quarter without a lost-time accident, and a recordable injury rate that is better than goal.

"The team is working the plan that has been laid out, using comprehensive metrics to monitor progress and making effective adjustments when potential issues arise," Skaggs said. Despite previous problems in verification of plant materials, TVA said purchasing procedures and work orders have since been improved to ensure the plant meets all safety and reliability standards.