NATIONAL HARBOR, MD-The Peterson Cos., the family-owned development group that envisioned and then built the 300-acre National Harbor, and REIT Tanger Factory Outlet Centers, Inc. have inked a 50-50 JV to bring Tanger’s outlets to the development. The duo will build a $100 million, 350,000-square-foot building to house about 80 outlets on 40 acres.

The deal will double the amount of retail that currently exists at the mixed-use community, Taylor Chess, SVP of retail for the Peterson Cos., tells GlobeSt.com. Furthermore, these outlets will bring a new type of retail to National Harbor. “This deal fits perfectly into our model of destination retail,” he says. “National Harbor is a local draw for Prince George’s County, it is a regional draw for Washington, DC and Northern Virginia and a national draw as a destination waterfront resort.” The first outlets will open in early 2013, he says.

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