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Friday, January 22, 2016

Tedder purchases North Idaho Outlets in Post Falls, has big plans

Tedder Properties, a branch company of Tedder Industries has purchased both buildings of the North Idaho Outlets on Riversbend Ave. in Post Falls.

Tedder Industries , will lease the south building back from Tedder Properties for a manufacturing operation and corporate headquarters location. This after significant renovations, since the building has been empty for sometime. A goal is to have Tedder's operations moved into the building by " spring or summer". Tedder Industries is a locally owned and operated company making the Aliengear gun holster line. And, although Aliengear  Holsters are primarly sold online, they will likely have some sort of retail store at the site.

The company will move to the former outlet mall from two locations in the Coeur d' Alene / Hayden area. The move will relocate all of the companies 300 employees, but will likely not create any new jobs. However some more jobs may be created as the company grows, which happens a lot since the company started in the owners kitchen.

The north building of the outlet mall will also be renovated, but that building will be leased out to businesses. It will no longer be an outlet mall, but instead be marketed to local businesses, with no new tenants there as of yet.

The north building also still contains a small selection of retail businesses, none of which will leave as the owner says he's not kicking anybody out. Leasing for the newly renovated retail spaces will be done locally at a staffed on site office.

We're keeping an eye on this project for when construction will start and what new store / restaurant tenants may go into the buildings. A second outlet mall nearby, the Post Falls Outlet Mall is not involved in this project, only the North Idaho Outlets at 4199 & 4300 Riversbend.