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Charlotte Premium Outlets coming to I-485 and Idlewild Road in Stallings

STALLINGS, N.C. — Another major outlet mall is coming to the Charlotte area.  Two developers are teaming up to build Charlotte Premium Outlets off Interstate 485 and Idlewild Road in Stallings.

This news comes just days after Tanger Outlets announced it was making plans to build off I-485 in Steele Creek.

Jennifer Polvere, who owns Skinnyz Bar and Grille in the nearby Idlewild Market Shopping Center, said she is excited about the new development.

"I think it’s just a wonderful idea," she said.

Simon Property Group and Paragon Outlet Partners plan to develop the outlet.  It will be 400,000 square feet and have 100 stores.  Simon already has a strong presence in the Charlotte area, with SouthPark mall and Concord Mills.

Alvin Shiffler's daughter lives in a home near the outlet site.

"It sounds like a wonderful addition to the neighborhood.  We need the business for the area, and it will help the economy,” he said.

But one small business owner told Eyewitness News she was concerned the competition could hurt her business.

Polvere disagreed.

"I feel the more restaurants, the better.  It gives people more variety to choose from,"  Polvere said. "With the additional traffic with the mall coming in, I think people will venture out and see that we're here."

The developers plan to break ground next year and open in 2014.