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.



La Paz Announces Board Member Additions

La Paz Chattanooga has announced the addition of three members to its board of directors - Jay Elliott, Erwin Ovalle and Ronna-Renee Jackson, while also giving thanks to two outgoing board members, Angela Garcia and Fred Fletcher, for their service to the organization. Jay Elliott is the vice president of Legal at Kenco Group. He has been a board member for various non-profits ... (click for more)

Chattanooga Attorney Lisa Bowman Suspended From Law Practice For A Year Due To Unethical Conduct In Divorce Case

The Tennessee Supreme Court has entered an order suspending Lisa Zarzour Bowman from the practice of law for one year with 30 days being an active suspension and the remainder served on probation. In includes the appointment of a practice monitor pursuant to Tennessee Supreme Court Rule 9, Sections 12.2 and 12.9.  In addition, Ms. Bowman must pay the Board’s costs in ... (click for more)

City Council Balks At Approving New $600,000, Two-Year Contract To Father To The Fatherless For VRI Program

The City Council on Tuesday night declined to approve a two-year $600,000 contract with a local non-profit group for the city's Violence Reduction Initiative. Father to the Fatherless previously had the contract and was seeking an extension. Kerry Hayes of the mayor's office asked for a one-week delay, saying the office wanted to make sure that all concerns of the council ... (click for more)

City's Top Traffic Reconstruction Expert: "Man, This Truck Just Creamed A Dozen Cars"

The Chattanooga Police Department's top traffic reconstruction expert testified Tuesday that when he first viewed the scene of an horrific crash at the Ooltewah exit he thought "Man, this truck just creamed a dozen cars." Officer Joe Warren told a jury from Nashville that, according to his calculations, Benjamin Scott Brewer was traveling at 81-82 miles per hour when he struck ... (click for more)

Dismal Educator Teaching At UTC - And Response

Roy Exum,  People are talking about the inability of UTC to turn out high quality teachers. Well, should any university be expected to turn a sow's ear into a silk purse? We all know how our school system students fail miserably on national scholastic aptitude tests as a whole.  Forget Tcap tests, those are teacher tests not meant for measuring student progress, but ... (click for more)

Roy Exum: Making A Difference

It was about 50 years ago when the late writer Loren Eiseley penned an essay called “The Starfish Thrower” so it’s been one of my favorite stories for almost as long. It tells about a man who walks up to a young boy on a beach, this just after a strong storm had washed hundreds of helpless starfish onto the shore. The boy was picking up the stranded starfish and, one at a time, ... (click for more)