Chattanooga-based CBL developing Louisiana center

Chattanooga-based CBL developing Louisiana center

January 16th, 2013 by Staff Report in Local - Breaking News

CBL & Associates Properties Inc. Staff file photo.

CBL & Associates Properties Inc. is joining with Stirling Properties to develop the nearly 600,000-square-foot Fremaux Town Center in Slidell, La.

Once complete, the 80-acre site will consist of two phases. Phase one will comprise about 295,000 square feet with anchors, including Dick's Sporting Goods, Michaels, T.J.Maxx, and Kohl's.

Phase two will include up to 300,000 square feet of additional retail space. Construction is set to begin in March 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's first phase is currently more than 70 percent leased.