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.

Chattanooga Chamber Presents Calendar Of Events For Oct. 24-28

MON/24 2016  Want to Bid on a Contract? Get the Right Certification 9 a.m. –  Noon INCubator: 100 Cherokee Blvd. Part of Chattanooga Minority Enterprise Development Week, this event is geared toward businesses owned by minorities, women, veterans, service-disabled veterans, and other small business owners.  ... (click for more)

Report Highlights Effect Of Pro Bono Legal Services

The Tennessee Supreme Court’s Access to Justice Commission’s released annual report shows Tennessee attorneys are donating more than 500,000 hours of their time annually worth more than $100 million.  For the calendar year 2014, nearly half of all attorneys reported doing some kind of pro bono work. The report shows 7,615 attorneys practicing in Tennessee provided 568,170 ... (click for more)

Domestic Assault Charge Dismissed Against Bobby Stone In Case Involving Mayor's Top Advisor; Stone Says Berke Had Inappropriate Relationship With His Wife; Says Berke And Fletcher Conspired To Arrest Him

A charge of domestic assault was dismissed Friday morning against Bobby Stone in a case involving a top advisor to Mayor Andy Berke.  Afterward, Mr. Stone told reporters that the mayor had an inappropriate relationship with his wife, Lacie Stone. He also charged that Mayor Berke and Police Chief Fred Fletcher conspired to arrest him. Mr. Stone is expected to file ... (click for more)

Christopher Padgett Taken Into Custody

A Chattanooga man who went on the lam after cutting off his ankle monitor and failing to show up for the third day of his felony murder trial is back in custody. Christopher Padgett was arrested by Chattanooga Police in the 3200 block of South Street at 12:55 a.m. He had made a $350,000 bond just before the start of his trial in the slaying of taxi driver Nathan ... (click for more)

Literacy Is Critical

Government spending is often portrayed as a freight train "quickly running out of track." And there is some truth to that statement. There is not an endless supply of money to fund every good idea that comes along, and we must acknowledge that problem. Fiscal responsibility is a must.  That is why spending on priority issues like public education is important. You can spend ... (click for more)

Roy Exum: Prayer Over Despair

As a strong proponent of early voting, I joined hundreds at the Hamilton County Election Commission headquarters on Amnicola Highway yesterday to exercise what I consider one of our greatest freedoms – “for the people, by the people.” Candidly, I have never been as upset or as disappointed over my choices for President in my life. Locally I am fine with our candidates but to pick ... (click for more)