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.


Alexander: Trump Administration Takes Good First Step To Stop Obama-Era Energy Regulation

Senator Lamar Alexander on Tuesday released the following statement on President Trump’s executive order that starts the process for stopping the Environmental Protection Agency’s (EPA) Clean Power Plan: “Today, the Trump administration took a good first step toward stopping this Washington regulation that would drive up the cost of energy and discourage ... (click for more)

Downtown Chamber Council And Member Businesses Donate $2,000 to CSAS

The Downtown Council of the Chattanooga Chamber of Commerce presented a check for $1,000 to the Chattanooga School for Arts and Sciences (CSAS) at their March meeting. During the meeting, Downtown Council member businesses donated an additional $1,000 to complete the funding need of $2,000 for CSAS. "This donation enabled us to purchase 10 additional digital walkie talkies," ... (click for more)

Finley Stadium Board Members Step In After Paul Smith, Staff Depart

Members of the board of directors of the Finley Stadium Corporation have been filling in and dividing tasks related to running the facility since Paul Smith, past executive director, and his staff resigned at the end of February. Mr. Smith has been credited for the financial turn-around of Finley Stadium, which at one time had to be subsidized by the city of Chattanooga and Hamilton ... (click for more)

Firefighters Extinguish Fire At Senior Living Apartment Complex On Highway 58; 1 Resident Falls During Evacuation

A fire broke out at a senior living facility on Highway 58 Tuesday afternoon. At  2:50 p.m. , several agencies responded to the Silver Tree apartments (formerly known as Napfe Towers) at 5465 Highway 58. Th Highway 58 Volunteer Fire Department responded to the scene and reported heavy smoke coming from the sixth floor of the nine-story building. The Highway ... (click for more)

Slaxxon Regret - And Response

Back in the seventies my three oldest brothers had a buddy named Steve Slack. “Slack” was a star soccer player at Baylor and he grew up on Lookout Mountain, which is where I grew up. He and Jimmy, Henry and Bill went to the University of Virginia where they were roommates in an old, beat up house that was painted pink. Naturally, the place became known as the “Pink Palace” but lest ... (click for more)

Roy Exum: Oh Yes, I Loved West

One of my most beloved friends died early Saturday morning at the age of 67. Then again, West Oehmig’s only brother – King – died a couple of years ago at 63 so it wasn’t by happenstance I remembered Abraham Lincoln’s famous line: “In the end, it’s not the years in your life that count, it’s the life in your years.” Here are two brothers who lived larger than any other pair I can ... (click for more)