CBL & Associates And Stirling Properties To Develop Fremaux Town Center In Slidell, La.

Wednesday, January 16, 2013

CBL & Associates Properties, Inc. and Stirling Properties Wednesday announced the formation of a 65/35 joint venture to develop Fremaux Town Center in Slidell, La. Once complete, the 80 plus acre site will consist of two phases. Phase I will comprise approximately 295,000 square feet with anchors, including Dick’s Sporting Goods, Michaels, T.J.Maxx, and Kohl’s. Phase II will include up to 300,000 square feet of additional retail space.  

Construction is set to begin on Phase I in March of this year, with the grand opening scheduled for the second quarter of 2014.

“Stirling Properties has a solid reputation as a leading retail developer in southern Louisiana, and we are pleased to partner with them on this project,” said Michael Lebovitz, CBL’s executive vice president – Development and Administration. “Fremaux Town Center is well-located and is already well-leased with an outstanding retail line-up. We are looking forward to announcing additional retailers as the development progresses.”

“Stirling Properties is excited about our partnership with CBL & Associates Properties to develop Fremaux Town Center and believes that this joint venture brings the best possible team together to build this project,” said Stirling Properties’ Senior Vice President of Development, Townsend Underhill. “We believe this site has the characteristics to become a premier retail shopping destination, and we are happy to continue our long and successful history of retail development in the City of Slidell.”

Fremaux Town Center Phase I is currently more than 70 percent leased with committed retailers such as Dick’s Sporting Goods, Michaels, Kohl’s, PetSmart, T.J.Maxx, LongHorn Steakhouse, dressbarn, ULTA Beauty, Lane Bryant, Rack Room Shoes, Best Buy and Versona Accessories. Fremaux Town Center will be located on more than 80 acres at the southwest corner of Interstate 10 and Fremaux Avenue in Slidell, La.  

Slidell is the largest municipality in St. Tammany Parish on the northern shore of Lake Pontchartrain near the city of New Orleans. The area has experienced growth following Hurricane Katrina. With its interstate location and high-visibility, Fremaux Town Center is expected to become a regional destination. Stirling will lead the development of the project and CBL and Stirling will jointly lease and market the center.

For leasing information, contact Ryan Pecot by telephone at  337.572-0246 or by email at rpecot@stirlingprop.com.


Local Batteries Plus Rebrands With "Bulbs"

Batteries Plus has announced the rebranding of its Chattanooga store at 1925 Gunbarrel Road as Batteries Plus Bulbs. The store’s new identity is part of a company-wide initiative which began in late 2012 that signals its leadership in the expanding $17 billion U.S. light bulb replacement industry.   Batteries Plus Bulbs has access to more than 15,000 light bulb products ... (click for more)

General Assembly Approves Legislation Aiding Morgan County

The state senate approved a house amendment and sent to the governor legislation sponsored by Senator Ken Yager (R-Kingston) to assist Morgan County in attracting vendors to turn the former Brushy Mountain Penitentiary into a tourist attraction.   Senate Bill 1708 , which aims to recruit new jobs to the area, directs a portion of the state and local sales tax proceeds ... (click for more)

City Applies For $27 Million Federal Grant On $52 Million Wilcox Tunnel Project

The city is applying for a $27 million federal TIGER 6 grant for a $52 million complete reworking of the narrow Wilcox Tunnel through Missionary Ridge. The project would leave the current tunnel in place for westbound traffic with a single lane and build a new two-lane tunnel for eastbound traffic. There would be an emergency egress cross passage between the two. Final ... (click for more)

NAACP Recommends Staying Away From Planned Protest By Neo-Nazi Group

The president of the Chattanooga Chapter of the NAACP, urged local residents to stay away from a planned rally here by the Nationalist Socialist Movement in August. James R. Mapp said the group seeks to provoke incidents and said counter-protests could lead to problems. Mr. Mapp said, "On April 8th, 2014, reports surfaced throughout the Chattanooga-Hamilton County region that ... (click for more)

State Moving Forward In Educational Improvements

The State Collaborative on Reforming Education released the following statement from President and CEO Jamie Woodson regarding the 2014 legislative session in Tennessee and HB1549/SB1835, which passed the General Assembly Thursday: After a year of extensive public and legislative conversation regarding higher academic standards and related strategies to improve student learning, ... (click for more)

Roy Exum: Some Really Funny Tweets

I am not on Twitter so I don’t tweet. Difficulties with my right hand don’t even allow me to text and when you blend in the fact I am now a bonafide senior citizen, it is ample reason for me to live a life where I am lacking in what otherwise might be achieved through social networking. Twitter has done real well without me. It is one of the 10 most visited websites in the world; ... (click for more)