BGM
BGM NY
SKIMS Retail Rollout — Program Tracker
Week of Jun 8, 2026
Compared to Jun 09 14:06 UTC build
Last updated: Jun 09, 2026 15:07 UTC · v2.1.138 — Scheduled Smartsheet refresh · 0 schedule changes this cycle · 2nd consecutive stable refresh · Prior changes holding steady: Las Vegas North Outlets +14d, Country Club Plaza −41d · Prior slips (Americana at Brand, Broadway Plaza) holding steady · Data: Smartsheet Key Milestone Schedule Report
Overall Capex Health — FY26 Portfolio
20
Active Projects
$3.0M
Under Approved Capex (net)
7
Projects Over Budget
9
On / Under Budget
2
8wk XF Notices Due ≤30 Days
2
Schedule Changes This Refresh
Excess Approved Funds
Total Finance Approved
Total Contingency
Total Projected Cost
Budget Composition — 15 USD Projects
9 On/Under Budget 7 Over Budget · Last budget edit: Marshall Ryan · Mar 23, 2026
⚑ Attention: 2 schedule changes this refresh (48-cycle stable streak ends): Las Vegas North Outlets slipped +14d across all milestones (CS Jun 1→Jun 15, XF Jul 13→Jul 27, GC SC Aug 21→Sep 4, H/O Sep 7→Sep 21, GO Sep 11→Sep 25); Country Club Plaza pulled in −41d across all milestones (CS Aug 11→Jul 1, XF Oct 6→Aug 26, GC SC Nov 16→Oct 6, H/O Dec 1→Oct 21, GO Dec 7→Oct 27 — express-permit/possession acceleration aligning to ~Oct 1 budgeted opening).  ·  Prior slips holding steady: Americana at Brand (XF/H/O/GO +21d, GC SC +31d) and Broadway Plaza (+14d CS/XF/H/O/GO).  ·  Next grand openings: Woodbury Commons & Corte Madera (Jun 19).  ·  Americana at Brand overrun: +$658K (largest in portfolio).
Active Projects — Smartsheet Schedule Order
King Street
Charleston, SC
Design 2.0 · 7,100 SF
✓ Opened Apr 3 On Budget 8wk XF ✓ Done
Key Milestones No schedule changes this week
Construction Start
Dec 1, 2025
GC Substantial Completion
Mar 12, 2026
H/O to Ops
Mar 30, 2026 ✓ Done
Grand Opening
Apr 3, 2026
8wk XF Notice
Feb 2, 2026 — ✓ Complete
Cross-functional partners confirmed; turnover date locked at Mar 30
Budget
Finance Approved
$4,130,000
Current Contracted
$2,984,701
Variance
−$1,029,003
Paid to Date
$1,817,568
Contingency
$116,296
No WoW budget changes detected
H/O to Ops Mar 30 (complete). Grand Opening Apr 3 (today).
Woodbury Commons
Central Valley, NY
Outlet · 5,413 SF
On Schedule On Budget 8wk XF in 15 days
Key Milestones No schedule changes this week
Construction Start
Mar 17, 2026
GC Substantial Completion
Jun 1, 2026
H/O to Ops
Jun 14, 2026
Grand Opening
Jun 19, 2026
⚑ 8wk XF Notice — Due April 20, 2026 (15 days)
Action Required: Confirm turnover date with XF partners by Apr 20
Note: Experiencing some minor lag in jurisdictional review relative to 8wk anticipated
Budget
Finance Approved
$3,500,000
Current Contracted
$2,307,522
Variance
−$963,541
Paid to Date
$232,301
Contingency
$228,937
No WoW budget changes detected
Village at Corte Madera
Corte Madera, CA
Design 2.2 VEVE · 3,628 SF
GC SC Slipped +10d Over Budget 8wk XF ✓ Past
Key Milestones ⚡ GC SC slipped +10d this cycle
Construction Start
Feb 23, 2026
GC Substantial Completion
May 29Jun 8, 2026+10d
H/O to Ops
Jun 15, 2026
Grand Opening
Jun 19, 2026
⚑ 8wk XF Notice — Issued April 20, 2026 ✓
XF Notice issued. Monitor float between GC SC and H/O (now 7 days vs prior 17).
Construction completion slipped +10 days this cycle. H/O and Grand Opening held; float compressed. Permit status confirmed; continue monitoring punch list closure pace.
Budget
Finance Approved
$2,498,000
Current Contracted
$2,550,997
Variance
+$163,415
Paid to Date
$804,056
Contingency
$110,418
No WoW budget changes detected
⚑ GC SC slipped +10d (May 29 → Jun 8). H/O and Grand Opening unchanged — float between SC and H/O now only 7 days. Monitor punch list closure pace.
Fashion Valley
San Diego, CA
Design 2.0 · 6,132 SF
On Schedule On Budget
Key Milestones ⚠ Data corrected 5/26 — card was showing Fashion Square's dates
Construction Start
Mar 9, 2026
GC Substantial Completion
Jul 3, 2026
H/O to Ops
Jul 13, 2026
Grand Opening
Jul 17, 2026
8wk XF Notice — May 18, 2026
N/A — already issued
Source: Fashion Valley individual schedule sheet (Smartsheet)
Budget
Finance Approved
$4,600,000
Current Contracted
$3,273,292
Variance
−$1,326,708
Paid to Date
$873,767
Contingency
$0
No WoW budget changes detected
Fashion Square
Scottsdale, AZ
Design 2.1 VE · 3,500 SF
On Schedule Over Budget
Key Milestones ⚠ Data corrected 5/26 — card was showing Fashion Valley's dates
Construction Start
Mar 9, 2026
GC Substantial Completion
Jun 29, 2026
H/O to Ops
Jul 6, 2026
Grand Opening
Jul 10, 2026
8wk XF Notice — May 11, 2026
N/A — already issued
Source: Fashion Square individual schedule sheet (Smartsheet)
Budget
Finance Approved
$2,245,000
Current Contracted
$2,330,880
Variance
+$311,740
Paid to Date
$411,270
Contingency
$225,861
No WoW budget changes detected
Americana at Brand
Glendale, CA
Design 2.1 VE · 7,089 SF
Schedule Slip Over Budget
Key Milestones ⚠ Schedule slipped +21–31d this cycle (late permit issuance)
Construction Start
Mar 16, 2026
GC Substantial Completion
Jul 3Aug 3, 2026+31d
H/O to Ops
Jul 20Aug 10, 2026+21d
Grand Opening
Jul 24Aug 14, 2026+21d
8wk XF Notice — May 25Jun 15, 2026+21d
18 days out
Late permit issuance has slipped XF by 3 weeks; downstream milestones shifted in parallel (GC SC widened by 10 add'l days). Reconfirm GC commitment to revised milestones.
Budget
Finance Approved
$3,300,000
Current Contracted
$3,613,334
Variance
+$658,228
Paid to Date
$675,833
Contingency
$344,894
No WoW budget changes detected
⚑ Largest overrun in portfolio (+$658K) AND new +21–31d schedule slip from late permit issuance. Reconfirm GC commitment to revised milestones; review scope change log.
Regent Street
London, UK
Flagship · 12,122 SF · GBP
On Schedule On Budget (£)
Key Milestones ⚡ H/O reverted +1d this cycle
Construction Start
Jan 7, 2026
GC Substantial Completion
Jun 19, 2026
H/O to Ops
Jul 8Jul 9, 2026+1d
Grand Opening
Jul 23, 2026
8wk XF Notice — May 13, 2026
38 days out
Budget (GBP — tracked separately)
Finance Approved
£7,200,000
Current Contracted
£6,596,827
Variance
−£132,493
Paid to Date
£1,420,793
Contingency
£470,680
No WoW budget changes detected
Southpark
Charlotte, NC
Design 2.1 VE · 5,572 SF
On Schedule Over Budget
Key Milestones ⚡ H/O reverted +3d this cycle
Construction Start
Mar 23, 2026
GC Substantial Completion
Jul 10, 2026
H/O to Ops
Jul 24Jul 27, 2026+3d
Grand Opening
Jul 31, 2026
8wk XF Notice — Jun 1, 2026
57 days out
Construction mobilized Mar 23. H/O Jul 27 (was Jul 24, +3d revert). GO Jul 31. XF notice Jun 1.
Budget
Finance Approved
$3,324,000
Current Contracted
$3,102,236
Variance
+$85,144
Paid to Date
$114,417
Contingency
$306,907
No WoW budget changes detected
City Creek Center
Salt Lake City, UT
Design 2.1 VE · 4,167 SF
On Schedule Over Budget
Key Milestones ⚡ GO shifted -14d this cycle (14w duration confirmed)
Construction Start
May 26May 25, 2026-1d
GC Substantial Completion
Sep 14Aug 28, 2026-17d
H/O to Ops
Sep 28Sep 14, 2026-14d
Grand Opening
Oct 2Sep 18, 2026-14d
8wk XF Notice — Jul 20, 2026 prev Aug 3 · -14d
69 days out
Construction duration reduced from 18w to 14w per Brett's leveling/validation; all downstream milestones pull in -14d. XF Notice pulled in by 2 weeks — confirm cross-functional readiness for new Jul 20 date.
Budget
Finance Approved
$2,476,878
Current Contracted
$2,281,886
Variance
+$33,196
Paid to Date
$35,895
Contingency
$228,189
No WoW budget changes detected · Smallest overrun in portfolio — may be resolvable
La Cantera
San Antonio, TX
Design 2.1 VE · 3,874 SF
On Schedule Over Budget
Key Milestones No schedule changes this week
Construction Start
Jun 1, 2026
GC Substantial Completion
Sep 7, 2026
H/O to Ops
Sep 21, 2026
Grand Opening
Sep 25, 2026
8wk XF Notice — Jul 27, 2026
113 days out
Potential opportunity to reduce construction duration from 16+2 to 14+2 weeks. Evaluate avenues to recover schedule.
Budget
Finance Approved
$2,464,458
Current Contracted
$2,333,623
Variance
+$102,528
Paid to Date
$35,385
Contingency
$233,362
No WoW budget changes detected
Broadway Plaza
Walnut Creek, CA
Design 2.1 VE · 4,500 SF
Schedule Slip Over Budget
Key Milestones ⚠ Schedule slipped +14d across CS / XF / H/O / GO (GC SC unchanged)
Construction Start
May 18Jun 1, 2026+14d
GC Substantial Completion
Sep 21, 2026
H/O to Ops
Sep 21Oct 5, 2026+14d
Grand Opening
Sep 25Oct 9, 2026+14d
8wk XF Notice — Jul 27Aug 10, 2026+14d
74 days out
CS pushed to Jun 1 — H/O and GO follow by 14d. GC SC unchanged at 9/21 absorbs the slip via tighter SC→H/O float (now 14 days vs. 0). Confirm float is real and not a rollup mapping issue.
Budget
Finance Approved
$3,600,000
Current Contracted
$3,391,086
Variance
+$123,010
Paid to Date
$143,459
Contingency
$331,924
No WoW budget changes detected
Las Vegas North Outlets
Las Vegas, NV
Outlet · 5,811 SF
Schedule Slip +14d On Budget
Key Milestones ⚠ Schedule slipped +14d across all milestones this cycle
Construction Start
Jun 1Jun 15, 2026+14d
GC Substantial Completion
Aug 21Sep 4, 2026+14d
H/O to Ops
Sep 7Sep 21, 2026+14d
Grand Opening
Sep 11Sep 25, 2026+14d
8wk XF Notice — Jul 13Jul 27, 2026+14d
48 days out
Entire schedule shifted +14d this cycle (uniform 2-week slip across CS, XF, GC SC, H/O and GO). Source: Smartsheet Key Milestone Schedule Report. Reconfirm revised milestones with GC and verify XF readiness for the new Jul 27 date.
Budget
Finance Approved
$3,585,086
Current Contracted
$3,189,249
Variance
−$76,912
Paid to Date
$97,130
Contingency
$318,925
No WoW budget changes detected
⚑ Uniform +14d slip across all milestones this cycle (GO Sep 11 → Sep 25). Still on budget. Confirm the revised path with the GC and verify the Jul 27 XF date holds.
Seaport
Boston, MA
Design 2.2 VEVE · 3,902 SF
On Schedule On Budget
Key Milestones ⚡ H/O +3d, GO +1d this cycle
Construction Start
May 11, 2026
GC Substantial Completion
Aug 28, 2026
H/O to Ops
Sep 11Sep 14, 2026+3d
Grand Opening
Sep 17Sep 18, 2026+1d
8wk XF Notice — Jul 17Jul 20, 2026+3d
68 days out
Discuss budgeted opening date with Finance
Budget
Finance Approved
$3,573,000
Current Contracted
$3,128,097
Variance
−$157,334
Paid to Date
$123,250
Contingency
$287,569
No WoW budget changes detected
Prudential Center
Boston, MA
Design 2.1 VE · 5,000 SF
On Schedule On Budget
Key Milestones ⚡ GO shifted +238d this cycle
Construction Start
Jun 22Feb 15, 2027+238d
GC Substantial Completion
Oct 12Jun 7, 2027+238d
H/O to Ops
Oct 26Jun 21, 2027+238d
Grand Opening
Oct 30Jun 25, 2027+238d
8wk XF Notice — Apr 26, 2027
148 days out
Clarify with ADG the contents of bid set anticipated 3/12
Budget
Finance Approved
$4,530,000
Current Contracted
$3,999,023
Variance
−$16,735
Paid to Date
$126,353
Contingency
$514,242
No WoW budget changes detected
Country Club Plaza
Kansas City, MO
Design 2.1 VE · 5,300 SF
⚡ Pulled In 41d On Budget
Key Milestones ⚡ Schedule pulled in −41d across all milestones this cycle
Construction Start
Aug 11Jul 1, 2026-41d
GC Substantial Completion
Nov 16Oct 6, 2026-41d
H/O to Ops
Dec 1Oct 21, 2026-41d
Grand Opening
Dec 7Oct 27, 2026-41d
8wk XF Notice — Oct 6Aug 26, 2026-41d
78 days out
Possession/permit acceleration materialized — entire schedule pulled in 41 days, with Grand Opening now Oct 27 (aligning toward the ~Oct 1 budgeted opening). Possession contemplated Jul 1; express permitting under review. Confirm GC can hold the accelerated path and verify earlier XF readiness (now Aug 26).
Budget
Finance Approved
$3,498,843
Current Contracted
$3,015,036
Variance
−$182,303
Paid to Date
$2,500
Contingency
$301,504
No WoW budget changes detected
Mall at Millenia
Orlando, FL
New for FY26 Pipeline
On Schedule On Budget
Key Milestones New project added to dashboard
Construction Start
Sep 1, 2026
GC Substantial Completion
Dec 18, 2026
H/O to Ops
Jan 1, 2027
Grand Opening
Jan 7, 2027
8wk XF Notice — Nov 6, 2026
215 days out
Budget
Finance Approved
TBD
Current Contracted
TBD
Variance
Budget data pending — newly added to dashboard
Somerset Collection
Troy, MI (Detroit)
2027 Pipeline · TBD SF
Pre-Construction 2027 Pipeline
Key Milestones 2027 pipeline — schedule from individual sheet
Construction Start
Sep 25, 2026
GC Substantial Completion
Jan 7, 2027
H/O to Ops
Jan 21, 2027
Grand Opening
Jan 27, 2027
8wk XF Notice — Nov 26, 2026
172 days out
Earliest 2027 opening. Construction starts late Sep 2026 — verify individual schedule sheet is in sync.
Budget
Status
Pre-budget / planning
Finance Approved
TBD
Current Contracted
Paid to Date
Contingency
Budget tracking begins at GC bid/award
Ala Moana
Honolulu, HI
2027 Pipeline · TBD SF
Pre-Construction 2027 Pipeline
Key Milestones 2027 pipeline — schedule from individual sheet
Construction Start
Feb 15, 2027
GC Substantial Completion
Jun 7, 2027
H/O to Ops
Jun 21, 2027
Grand Opening
Jun 25, 2027
8wk XF Notice — Apr 26, 2027
323 days out
Possession Date Jan 1, 2027. Permit review through Feb 2027.
Budget
Status
Pre-budget / planning
Finance Approved
TBD
Current Contracted
Paid to Date
Contingency
Budget tracking begins at GC bid/award
Bellevue Square
Bellevue, WA
2027 Pipeline · TBD SF
Pre-Construction 2027 Pipeline
Key Milestones 2027 pipeline — schedule from 2027 master schedule
Construction Start
Mar 4, 2027
GC Substantial Completion
Jun 23, 2027
H/O to Ops
Jul 8, 2027
Grand Opening
Jul 14, 2027
8wk XF Notice — TBD
milestone not yet defined in master schedule
APPROVED DEAL. Q1 2027 possession (DH file 1.26). 22wk fixture period TBC. Note: 2028 opening per Q4 27 possession.
Budget
Status
Pre-budget / planning
Finance Approved
TBD
Current Contracted
Paid to Date
Contingency
Budget tracking begins at GC bid/award
Brickell
Miami, FL
2027 Pipeline · TBD SF
Pre-Construction 2027 Pipeline
Key Milestones 2027 pipeline — schedule from 2027 master schedule
Construction Start
May 3, 2027
GC Substantial Completion
Aug 20, 2027
H/O to Ops
Sep 6, 2027
Grand Opening
Sep 10, 2027
8wk XF Notice — TBD
milestone not yet defined in master schedule
APPROVED DEAL. Q2 2027 possession (DH file 3.23). 22wk fixture period TBC.
Budget
Status
Pre-budget / planning
Finance Approved
TBD
Current Contracted
Paid to Date
Contingency
Budget tracking begins at GC bid/award
Completed Projects
Cherry Creek
Denver, CO
Design 2.0 · 5,372 SF
✓ Opened Feb 17, 2026 Under Budget
Final Milestone Dates
Construction Start
Nov 3, 2025
8wk XF Notice
Dec 18, 2025
H/O to Ops
Feb 12, 2026
Grand Opening
Feb 17, 2026
Final Budget
Finance Approved
$3,465,000
Final Contracted
$2,695,194
Variance
−$769,806
Paid to Date
$2,062,962
Follow-up Questions
Action Items & Questions — Week of Jun 8 (updated Jun 9)
1 Village at Corte Madera — ⚡ GC Substantial Completion slipped +10d this cycle (May 29 → Jun 8). H/O Jun 15 and Grand Opening Jun 19 held, compressing float between SC and H/O from 17 days to 7 days. Action: confirm punch list closure plan with GC and validate H/O readiness given the compressed window. XF notice already issued Apr 20.
2 Imminent XF Notices — Southpark XF due Jun 1 (4 days). Americana at Brand XF re-scheduled to Jun 15 (was May 25). Confirm turnover readiness with XF partners on Southpark this week; verify Americana's revised XF date holds.
3 Americana at Brand — Largest overrun in portfolio (+$658K) AND new +21–31d schedule slip from late permit issuance. XF Notice: May 25 → Jun 15 (+21d); GC SC: Jul 3 → Aug 3 (+31d); GO: Jul 24 → Aug 14 (+21d). Reconfirm GC commitment to revised milestones; press for clarity on permit timeline and downstream impact to operational readiness.
4 Country Club Plaza — ⚡ Schedule pulled in −41d this cycle. The acceleration discussed last cycle materialized: CS Aug 11 → Jul 1, GC SC Nov 16 → Oct 6, H/O Dec 1 → Oct 21, Grand Opening Dec 7 → Oct 27 (now aligning toward the ~Oct 1 budgeted opening). XF Notice pulls in to Aug 26. Action: confirm the GC can commit to the accelerated path, lock possession for Jul 1, and verify cross-functional readiness for the earlier Aug 26 XF date.
5 Mall at Millenia — Budget data still pending. Please confirm Finance Approved amount and current contracted figures for next refresh. Dan to confirm option for early possession 7/1/26.
6 Unmatched Smartsheet row — Smartsheet contains an ACTUAL row (CS May 26, GO Oct 2) that does not map to any of the 16 tracked projects. Persisted for 25 consecutive cycles. Confirm whether this represents a new project to be added to the dashboard or a placeholder row.
7 Schedule movement this cycle — Smartsheet pull shows 2 projects with date changes, ending a 48-cycle stable streak. Las Vegas North Outlets slipped a uniform +14d across all milestones (GO Sep 11 → Sep 25); confirm the 2-week slip with the GC and verify the new Jul 27 XF date. Country Club Plaza pulled in a uniform −41d across all milestones (GO Dec 7 → Oct 27 — the previously flagged possession/express-permit acceleration); confirm the GC can hold the accelerated path. Both moves are clean uniform cascades matched by date signature and project note; the other 14 tracked projects are unchanged. Prior slips (Americana at Brand +21–31d, Broadway Plaza +14d) continue to hold steady.