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The Outlets at Sands Bethlehem is an outlet shopping destination situated in Bethlehem just 60 minutes driving from Philadelphia and the northern New Jersey suburb and 90 minutes from New York City. The center is a part of Sands Casino Resort Bethlehem and is situated between the casino floor, event center and Sands Hotel.
This outlet shopping center had its official Grand opening in November 2011 and features about 31 stores and specialty retailers from men and women apparel to the latest technologies gadgets. Just few steps from The Outlets at Sands Bethlehem you can find The Sands Bethlehem Event Center, which opened at the property in May 2012. The Outlets at Sands Bethlehem houses all of favorite brands including Talbots, Nine West, DKNY, Ultra Diamonds, GUESS, Coach Factory, Coach Men's, Corningware Corelle, Chico's, Tommy Hilfiger, Under Armour, Hartstrings, Peeps & Company and many more. The center offers more experiences then just shopping. You can relax at Europa Spa & Salon, or bring your children to the Lehigh Valley’s family entertainment and childcare facility: Kids Quest and Cyber Quest. The dining options include three signature restaurants from celebrity chef Emeril Lagasse – Emeril’s Chop House, Burgers and More by Emeril and Emeril’s Italian Table. Don't forget to visit Joli Bakery & Café where you’ll find authentic French cuisine and pastries. The casino also features the Carnegie Deli, St. James Gate Irish Pub and Carvery, Chopstick Asian Cuisine, Steelworks Buffet and Grill, Croissanterie, and the varied offerings and cuisines of The Market Gourmet Express Food Court, including Nathan’s Famous hot dogs, juicy burgers at ‘Mo Burger, fresh Italian classics at Villa Pizza, and more. Don’t forget to get even more great deals at participating stores with your AAA membership card or by signing up for the Preferred Shopper program at the Information Booth.
Deals, coupons and sales at The Outlets at Sands Bethlehem, save up to 25 - 65% off. Enjoy designer outlet shopping experience and shopping, great deals and events at The Outlets at Sands Bethlehem. Find more than 31 outlet stores locations and information about opening hours and directions at The Outlets at Sands Bethlehem.
We finally know just what Wind Creek Hospitality is buying from Las Vegas Sands Corp.
Last March, the affiliate of an Alabama-based Indian tribe and the Sands announced they’d reached a $1.3 billion deal to sell the Bethlehem casino. But just what was at stake in the sale was not disclosed.
Was it just the casino and outlet mall? What about the No. 2 Machine Shop and the Steel General Office building? How about the annex and satellite parking lots, which the SteelStacks complex depends on?
On Feb. 21, the Sands and Wind Creek’s PCI Gaming Authority filed an official change of ownership petition with the Pennsylvania Gaming Control Board that details how this sale will go down. The board has not yet scheduled a hearing on the request.
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Today, Las Vegas Sands is the majority owner of Sands BethWorks Gaming LLC, which owns the events center, casino and surrounding land totaling about 56 acres. Local attorney and developer Michael Perrucci, New York real estate developer Barry Gosin and their business partners have about a 10 percent share in BethWorks Gaming.
The rest of the land, almost 61 acres, is owned by Sands BethWorks Retail LLC, and ownership is split 50/50 between the Sands and Perrucci and his partners. BethWorks Retail’s holdings include the outlet mall, the blast furnaces, the Steel General Office building, No. 2 Machine Shop and several parking lots.
If it all shakes out as planned, the Sands will sell Wind Creek the casino, outlet mall, events center, hotel and some parking lots. Perrucci and his investment partners will sell off their stake but retain ownership of the property and execute a ground lease with Wind Creek, according to the filing.
Perrucci declined to comment on the details of the ground lease, citing a nondisclosure agreement preventing him from commenting on the deal.
“We will retain the SGO and the annex and certain parts of parking lots,” he said. “We are working closely with Wind Creek and the Sands.”
Sands spokeswoman Julia Corwin, who will stay on the Wind Creek team after the sale, did not respond to messages seeking comment.
Once the sale is finalized, Wind Creek plans to immediately invest $190 million into a 300-room hotel expansion and development of the No. 2 Machine Shop, possibly into an indoor water park.
“We’ll control the site,” Arthur Mothershed, vice president of business development for Wind Creek, said during a January interview with lehighvalleylive.com.
Bethlehem officials are quite optimistic about Wind Creek’s plans to immediately reinvest in a property that’s sat in limbo for years, said Alicia Miller Karner, director of community and economic development.
It would seem to be a good sign if Perrucci and his investment partners retain ownership of the deteriorating 13-story, Steel General Office building and annex.
Perrucci’s Peron Development has invested $22 million into developing Five10Flats, a 95-unit luxury apartment building with first-floor restaurants and retail spaces, across the street. Two more buildings are planned and the city sees the projects as vital lynchpins in the ongoing revitalization of East Third Street.
“We finally feel like we are on the cusp of the redevelopment of the site,” Karner said. “We are so optimistic.”
The massive 103-year-old SGO building was headquarters for Bethlehem Steel Corp. until it moved its executives to Martin Tower in 1972. It has sat vacant since the mid-1990s, but various plans have been floated to reuse the building, like apartments, a hotel and office space.
“It is such a critical, important building,” Karner said.
Mayor Bob Donchez feels that the history of the Steel is really encapsulated in the SGO building, not Martin Tower, and he’s made it clear he wants it to be preserved, Karner said. Donchez did not return a phone call seeking comment.
“The SGO has sat empty for decades and it in particular is such a unique building,' Karner said. 'I am looking forward to seeing his plans.”
The Pennsylvania Gaming Control Board’s investigative and legal teams have 30 days to respond to the petition unless they ask for an extension, which has not happened, said Richard McGarvey, board spokesman. The report is then forwarded to the board to assist them in making their final decision. The next meeting is scheduled for Wednesday, April 17, and then Wednesday, May 15.
The petition asks the Pennsylvania Gaming Control Board to impose a $3.75 million change of ownership fee on the sale, which is what two similar casinos -- Meadows and Presque Isle -- recently paid in sale fees.
Ultimately, it is up to the board to decide what change of ownership fee to charge, McGarvey said, but he confirmed the two casinos are quite similar to the Sands. The only major difference is that both Meadows and Presque Isle operate racetrack.
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In the filing, Wind Creek discloses that it plans to obtain up to $1.4 billion of senior secured first lien credit facilities from Credit Suisse AG and Credit Suisse Securities LLC. That’s a $1.3 billion first lien term loan facility and a $100 million first lien revolving credit facility. PCI Gaming will use the proceeds to buy the Sands; refinance existing debt of PCI and the existing owners and pay some fees and costs.
Sands Casino Bethlehem Pa Outlets Stores
Sara K. Satullo may be reached at ssatullo@lehighvalleylive.com. Follow her on Twitter @sarasatullo and Facebook. Find lehighvalleylive.com on Facebook.