Nola.com reports that Stirling Properties, the developers of a huge retail/residential project in Slidell, announced Wednesday to the East St. Tammany Chamber of Commerce luncheon that there Fremaux Town Cener project will open in March 2014 ahead of schedule. When complete, it will bring up to 1,500 permanent jobs and up to $230 million in annual sales.
Stirling is developing the 310-acre site with CBL & Associates Properties Inc. The first two phases will emphasize retail; later phases promise office space, hotels and luxury multi-family residential.
Phase I includes Dick’s Sporting Goods, Best Buy and Kohl’s, as well as Cheddars and Panera Bread restaurants, the developers have said. A 126,000-square-foot Dillards store will also be on the site.
Originally planned by Alabama-based Bayer Properties as a $900 million retail-office-residential complex in 2008, the recession killed the project and Bayer had to sell out to Stirling.