Taubman’s Stamford Town Center to Debut New Additions Starting November 1

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BLOOMFIELD HILLS, Mich., Nov. 1 /PRNewswire-FirstCall/ — The 2007 shopping season is shaping up to be extra special at Stamford Connecticut’s Stamford Town Center. The downtown center’s new pedestrian-friendly outdoor plaza debuts November 1 along Tresser Boulevard and Greyrock Place.

TAUBMAN CENTERS LOGO(Logo: http://www.newscom.com/cgi-bin/prnh/20051005/TAUBMANLOGO )

Opening that day in the new space are four restaurants — P.F. Chang’s China Bistro, California Pizza Kitchen, Kona Grill and Cosi — along with the state’s largest Barnes & Noble.

“The plaza shops and eateries add a welcoming new dimension to Stamford Town Center,” said General Manager Michael McAndrews. “Our vibrant city's daytime workers will find the improved street-level access especially convenient.”

Completing the plaza offerings will be stylish Swedish unisex clothier H&M (opening in mid-November) and two new-to-the-market restaurants — Mitchell's Fish Market (opening December) and The Capital Grille (opening in early 2008). A new 454-seat food court and a Looney Tunes-themed children's play area will open November 18 on Level 7 of the high-energy vertical center.

In addition to the plaza offerings and Level 7 amenities, there are new retail offerings opening throughout the center. Coach and Swarovski opened in October, and debuting for the holidays will be Who.A.U., the first United States location for one of South Korea's most popular youth and young adult apparel merchants.

A dramatic glass tower with escalators and elevators connects the landscaped plaza area to the center's existing offerings, which include Saks Fifth Avenue, Macy's, and 130 shops, restaurants and services. Valet parking services, available adjacent to the plaza, complement abundant self-parking options in the center’s enclosed deck.

“Downtown Stamford continues to evolve as one of the Northeast’s most vibrant urban environments, and we’re delighted to be a part of this renaissance,” said William S. Taubman, chief operating officer of Taubman Centers Inc., owners and managers of Stamford Town Center. “The distinctive restaurants, unique shops and attractive amenities we've added to the center materially strengthen Stamford's position as a regionally competitive office, residential and leisure destination. That’s great for the center, the city and Taubman Centers.”

Stamford Town Center is located at Exit 8 off I-95, at the intersection of Tresser and Greyrock. New extended shopping hours are 10 a.m. to 9 p.m. Monday through Saturday and 11 a.m. to 6 p.m. on Sunday. For plaza restaurant and store hours, visit www.shopstamfordtowncenter.com.

Taubman Centers Inc. (NYSE: TCO), a real estate investment trust, owns and/or manages 24 regional and super regional shopping centers in 11 states. Taubman Centers is headquartered in Bloomfield Hills, Michigan. The company's website is www.taubman.com.

This press release contains 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. Actual results may differ materially from those expected because of various risks and uncertainties, including, but not limited to, changes in general economic and real estate conditions, changes in the interest rate environment and the availability of financing, and adverse changes in the retail industry. Other risks and uncertainties are discussed in the company's filings with the Securities and Exchange Commission including its most recent Annual Report on Form 10-K.

SOURCE Taubman Centers Inc.

© 2007 PR Newswire. All Rights Reserved.

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