ANN ARBOR, Mich., Nov. 9 /PRNewswire-FirstCall/ -- Borders, Inc. will open a 29,981 square-foot store at Park Meadows Mall in Lone Tree, Colo. in April 2008. The store will be in the new 154,000 square-foot expansion lifestyle center called "The Vistas" at Park Meadows, which is located at the intersection of Interstate 25 and County Line Road. (Logo: http://www.newscom.com/cgi-bin/prnh/20060208/BORDERSLOGO ) "This one-of-a-kind Borders will be distinctive from any other bookstore in the six county metro area with an extraordinary view," says Pamela Schenck, senior general manager of Park Meadows. The new site was selected based on a variety of factors, including consumer demographics, the strength of the co-tenants, traffic patterns, the availability of parking, visibility and the overall attractiveness of the new site. To anticipate the opening of the relocating store, the 27,800 square- foot Borders store currently located in Englewood will close. This will be done to better meet the growing needs of the surrounding community. Borders will work closely with the current employees to find positions at the new store. The opening of this new store is expected to create approximately 20 new jobs in the local community. Employment opportunities at Borders at Park Meadows will be posted online and available in March. To apply, please visit Borders at http://www.borders.jobs/. Borders, which embraces its role as a vital, contributing member of the community and celebrates its customers' desire to explore and find personal enrichment and knowledge, offers the opportunity to enjoy local appearances by authors and performers as well as free activities for children. Community connections are important to Borders. The new store will serve as a community-gathering place for the residents of South Metro Denver. Committed to offering customers an engaged and rich shopping experience that meets their needs, the new store at Park Meadows will offer: -- A diverse and relevant assortment of up to 200,000 book, music and movie titles available in an inviting atmosphere with plenty of comfortable seating throughout the store. -- A Seattle's Best Coffee(R) cafe that will serve its full line of premium coffee and non-coffee beverages, including lattes, mochas and blended beverages, and a fresh food menu, featuring pastries and sandwiches. -- A Paperchase shop with a wide selection of fashionable notebooks, journals, wrapping paper, greeting cards and other gifts and stationery items from U.K.-based Paperchase(R) Products Limited. -- Internet access. Through an alliance with T-Mobile(R), Borders stores are T-Mobile HotSpots(R), allowing customers using Wi-Fi enabled laptops or PDAs with a T-Mobile account the ability to comfortably surf the web, access email, connect to their corporate network, or download large files all while connected to the nation's largest, carrier-owned Wi-Fi network. -- Borders Rewards(R) is a free loyalty program where all customer purchases count toward earning Borders Bucks that can be used on future purchases. In addition, members enjoy exclusive Borders Rewards Bonus Events and receive members-only coupons and savings opportunities throughout the year. -- "Borders Recommends" titles and reviews displayed throughout the store. In addition, knowledgeable booksellers are happy to suggest titles suited to each customer. -- Multiple self-serve Borders Search stations offering customers the opportunity to check the availability of a particular title and where it is located within the store. In addition, the stations in each store's music department will give customers the chance to listen to a CD before purchasing it. -- Borders Group Savings and Services Program offering discounts, deferred billing, complimentary price quotes and specialized customer service to businesses, schools, libraries and non-profit groups. Membership to this program is free. -- The Borders Original Voices program, now in its 11th year, highlights the work of new and emerging authors and artists and helps Borders share its passion for books, music, and movies with customers from one enthusiast to another. Over the course of a year, more than 200 new works are featured in Borders stores. About Borders Group, Inc. Borders Group, Inc. trades on the New York Stock Exchange under the symbol BGP. Headquartered in Ann Arbor, Mich., the company is a $4.1 billion global retailer of books, music, movies, and gift and stationery items. Through its subsidiaries, Borders Group has more than 30,000 employees and operates over 1,100 stores. More information on Borders Group is available at http://www.bordersgroupinc.com/. About General Growth Properties, Inc. Park Meadows is owned and managed by General Growth Properties, Inc. General Growth Properties is the second largest U.S.-based publicly traded Real Estate Investment Trust (REIT). General Growth currently has an ownership interest in or management responsibility for a portfolio of more than 200 shopping malls in 44 states, as well as ownership in planned community developments and commercial office buildings. The portfolio totals approximately 200 million square feet of retail space and includes more than 24,000 retail stores nationwide. General Growth Properties, Inc. is listed on the New York Stock Exchange under the symbol GGP. For more information visit http://www.generalgrowth.com/. http://www.newscom.com/cgi-bin/prnh/20060208/BORDERSLOGO http://photoarchive.ap.org/ DATASOURCE: Borders, Inc. CONTACT: Kolleen O'Meara of Borders, Inc., +1-734-477-1224, ; Stephanie Jackson of Park Meadows, +1-303-792-2999, Web site: http://www.bordersgroupinc.com/ Company News On-Call: http://www.prnewswire.com/comp/106169.html

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