EAGAN, Minn. (WCCO) — There will soon be a new way to get discounts and deals year round in the Twin Cities.

The Eagan City Council has approved preliminary plans for a new outlet mall that would be located near Cedar Avenue and Highway 13, about 5 miles south of Mall of America.

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The 441,000-square-foot outlet would feature nearly 100 brand-name stores, making it one of the largest outlet centers in the metro area, and the closest to both downtowns.

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The complex is reportedly being planned with the name Paragon Outlets at Cedar Grove.

There are currently outlet centers in Albertville, North Branch and Medford.

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City officials expect to have all the plans hammered out by January, and developers hope to have the outlet mall up and running within two years.