By  on August 1, 2011

Simon Property Group Inc. is remaking the mix and aesthetics at its Mills properties, which were purchased four years ago and rescued from financial difficulty.

The Mills centers, generally dominated by mainstream outlets, are being cross-fertilized with an increasing presence of regular-price, but value-oriented tenants such as Victoria’s Secret, Aéropostale, H&M, American Eagle and Forever 21, and a higher grade of outlet, including many luxury and designer names. Among the changes, Macy’s will open at Gurnee Mills in northern Illinois outside Chicago, marking the department store’s first location in an outlet center.

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