By Ely Portillo / Charlotte Observer
There will be no outlet mall war in Charlotte: In a twist Wednesday evening, rivals Tanger Factory Outlet Centers and Simon Property Group announced they will team up to build one project, in the Steele Creek area.
The move means Indianapolis-based Simon won’t build its announced 400,000-square-foot project in Stallings. Local officials there had said the project, at Interstate 485 and Idlewild Road, would have been the biggest retail development to date in the Union County town, and would have provided $175,000 to $200,000 in property and sales taxes.
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