SAN JUAN, Puerto Rico, March 26, 2015 /PRNewswire/ -- Thousands of Puerto Rico residents and visitors were the first to shop The Mall of San Juan during its grand opening today. The island's first upscale shopping center features a singular collection of retailers, more than 60% of which are unique-to-market and the Caribbean's only Nordstrom and Saks Fifth Avenue. The 650,000-square-foot shopping center was developed through a partnership between Taubman and New Century Development, Inc.

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"The Mall of San Juan will elevate the shopping experience in Puerto Rico by offering everything from the most sought-after luxury and contemporary brands to incomparable dining and entertainment," said Robert S. Taubman, chairman, president and CEO of Taubman Centers. "We're excited to welcome so many local residents and tourists to what I believe is the most beautiful mall in our portfolio."

Added Luis Rivera Ortiz, president of New Century Development, "We have eagerly anticipated the opening of The Mall of San Juan. It's very rewarding to see our vision realized, and to have such an overwhelmingly positive response to the center."

The Mall of San Juan retail line-up includes everything from luxury brands to shoppers' favorites. An asterisk (*) indicates a unique-to-market offering.

*Abuela Goye (coming soon)
*Agent Provocateur (coming soon)
*American Cut (coming soon)
Ann Taylor (coming soon)
Banana Republic
Bath & Body Works
BCBG MAX AZRIA (coming soon)
bebe
*Big Time (coming soon)
*BRIO Tuscan Grille (coming soon)
Brooks Brothers (coming soon)
Brow Art 23 (coming soon)
*Bulgari (coming soon)
*Burger & Beer Joint
*Camicissima
*Carmen Steffens (coming soon)
CH Carolina Herrera (coming soon)
*Cellairis
Chico's
Claro
Claro kiosk
*Coach
*Daniel Espinosa (coming soon)
*Designer Eyes (coming soon)
*Diventi Bella
*Evocent Jewelry
*Finish Line
*Fit2Run (coming soon)
*Fix, Color & More (coming soon)
*Footaction
Forever Flawless
Gap
*Geox
*Giuseppe Zanotti Design
Gucci (coming soon)
Gustavo Arango (coming soon)
Hacienda Monte Alto coffee kiosk
*Herve Leger
*Hollister (coming soon)
*Invicta (coming soon)
*Janie and Jack
*Jimmy Choo (coming soon)
*kate spade new york
*Kona Grill
Loft (coming soon)
Louis Vuitton
Lucky Brand (coming soon)
*lululemon (coming soon)
*LUSH Fresh Handmade Cosmetics (coming soon)
*Mercato Centrale (coming soon)
*Melissa Shop (coming soon)
*Nordstrom with restaurants: Bazille, Habitant and eBar
Nouvelle D'Spa Boutique (coming soon)
*Oil & Vinegar (coming soon)
*OMEGA
Pandora
Perfume Plus (coming soon)
*Pottery Barn (coming soon)
*Saks Fifth Avenue with restaurant: Sophie's
Soma
*Swarovski (coming soon)
*Swatch (coming soon)
*Teavana
T-Mobile
*Tommy Bahama (coming soon)
*Tory Burch (coming soon)
*Vans
*Versace
Victoria's Secret
White House|Black Market
*Williams-Sonoma (coming soon)
Zara (coming soon)

About The Mall of San Juan
The Mall of San Juan is a world-class shopping, dining and entertainment destination featuring many distinct, unique to market retailers, including the first Saks Fifth Avenue and Nordstrom in the Caribbean. The center is open from 9 a.m. to 9 p.m. Monday through Saturday and from
11 a.m. to 7 p.m. on Sunday. It is located at the south end of the Teodoro Moscoso Bridge, five minutes from the Luis Munoz Marin International Airport. For more information visit www.TheMallofSanJuan.com.

About New Century Development
Puerto Rico-based New Century Development is a real estate development firm focused on the development of the 30-acre parcel of land that hosts The Mall of San Juan. In addition, New Century is planning to build the hotel and casino portion of the project, and an office tower complex on the site.

About Taubman
Taubman Centers, Inc. (NYSE: TCO) is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 22 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman's U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Taubman is currently developing four properties in the U.S. and Asia totaling 4.1 million square feet. Taubman, with more than 60 years of experience in the shopping center industry, is headquartered in Bloomfield Hills, Mich., and Taubman Asia is headquartered in Hong Kong. www.taubman.com.

For ease of use, references in this press release to "Taubman Centers," "company," "Taubman" or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities. Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc. itself or the named operating platform.

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect management's current views with respect to future events and financial performance. The forward-looking statements included in this release are made as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements, even if new information becomes available in the future. Actual results may differ materially from those expected because of various risks and uncertainties. You should review the company's filings with the Securities and Exchange Commission, including "Risk Factors" in its most recent Annual Report on Form 10-K and subsequent quarterly reports, for a discussion of such risks and uncertainties.

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SOURCE Taubman Centers, Inc.