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.


Drunk Driving Charge Reinstated By State Supreme Court After Finding That Police Acted Reasonably

The Tennessee Supreme Court has reinstated charges of driving under the influence and violating the open container law against Williamson County resident Mechelle Montgomery in an opinion that restores evidence gained during a search. In February of 2012, two officers with the Williamson County Sheriff’s Office were dispatched to the residence of a woman named Corey Brown, who ... (click for more)

State Supreme Court Rules That Employee Does Not Qualify As Whistleblower

The Tennessee Supreme Court has affirmed the dismissal of a whistleblower claim by Charles Haynes, a former employee of Formac Stables, Inc., in Obion County. Mr. Haynes worked as a groom at Formac Stables. In April of 2010, hesuffered an injury to the head when kicked by a Tennessee Walking Horse named “Bruce Pearl.” Mr. Haynes claimed that Formac’s owner refused to allow him ... (click for more)

Cleveland, Tn., Production Company Owner Charged With Defrauding Church Of God International Of $100,000

The head of a Cleveland, Tn., production company has been charged with defrauding the Cleveland-based Church of God International of $100,000 in connection with his part in setting up the church's world convention in Orlando, Fla., in 2010. Troy Scot Carter was charged by federal authorities with securities fraud. A four-page criminal information says the church hired Carter ... (click for more)

City Set To Commission $200,000 Mural On MLK Boulevard By Famed Muralist Meg Saligman; Foundations To Cover Cost

The city is set to commission a $200,000 mural on the side of the AT&T Building on MLK Boulevard by famed muralist Meg Saligman. Ms. Saligman has created over 50 murals all over the world, including one called  "Fertile Ground" that is 32,500 square feet in Omaha, Neb. Her most famous mural is "Common Threads" on the west wall of the Stevens Administrative Center ... (click for more)

Finley Stadium Needs To Grow Up - And Response

RE:  Finley Stadium Financial Picture Rosy; Beer And Alcohol Sales Approved; AstroTurf Almost Ready and City, County Pitching In $250,000 Each For New Finley Stadium AstroTurf I read a story here five days ago about a rosy future for Finley stadium. It lead me to believe that the stadium was making money and even improvements with donations.  Then we get a short ... (click for more)

Roy Exum: The Sunday Funnies

They say March roars in like a lion and leaves like a lamb. So as you reach for your lambs-wool sweater on this last Sunday of the month, allow me to lighten up a bit with a new edition of my Sunday Funnies. I have a delightful crowd that keeps me supplied in jokes and these are some of the best that have come my way: A WOMAN'S PERFECT BREAKFAST -- She's sitting at the table ... (click for more)