New Orleans Northshore

CBL & Associates Properties, Inc. and Stirling Properties Announce Dillard’s to Anchor Phase II of Fremaux Town Center in Slidell, LA

CHATTANOOGA, Tenn. & COVINGTON, La. – May 9, 2013 – CBL & Associates Properties, Inc., (NYSE: CBL) and Stirling Properties today announced that Dillard’s (Dillard’s, Inc. NYSE: DDS) will anchor the fashion-oriented Phase II of Fremaux Town Center in Slidell, Louisiana.

Phase I of the project is currently under construction with approximately 330,000 square feet anchored by Kohl’s, Dick’s Sporting Goods, Michael’s, T.J.Maxx, and Best Buy.  Phase II will include up to 320,000 square feet of additional retail space.  The grand opening for Phase I is scheduled for March 2014, with construction on Phase II set to begin around that same time with an opening in spring 2015.

“With construction underway on Phase I, we are pleased to welcome a key department store such as Dillard’s to Phase II,” said Michael Lebovitz, CBL’s executive vice president – development and administration.  “The traction we are receiving from retailers for both phases is a testament to the strength of the market and its increasing demand for retail.”

“Fremaux Town Center has tremendous momentum at this stage and we are thrilled with Dillard’s decision to join the project,” said Townsend Underhill, Stirling Properties’ senior vice president of development.  “Upon completion of both phases we believe this project will be the premier retail property in the Slidell market and something that local residents can be very proud of.”

Dillard’s will open a single-level, 126,000-square-foot store featuring a large selection of fashion apparel, cosmetics and home merchandise tailored specifically to the tastes and preferences of Dillard’s Slidell-area customers.  These assortments will reflect the Company’s strong commitment to provide shoppers with more choices in premium brands, including Dillard’s exclusive label merchandise.  Dillard’s at Fremaux Town Center will feature the company’s latest advances in store design and presentation.

Dillard’s Chief Executive Officer, William Dillard, II, stated, “We are pleased to announce our commitment to Fremaux Town Center. We enjoy a strong relationship with our Slidell area customers and we are looking forward to serving them at an even higher level.  CBL and Stirling Properties are building a premier destination center and we are happy to be part of it.”

Fremaux Town Center Phase I is currently more than 70% 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 significant growth following Hurricane Katrina.  With its interstate location and high-visibility, Fremaux Town Center is expected to become a regional destination.  Stirling is leading the development of the project and CBL and Stirling are jointly leasing and marketing the center.

For leasing information, please contact Ryan Pecot by telephone at 337.572.0246 or by email at rpecot@stirlingprop.com or Rodney Gordon by telephone at 423.553.8704 or by email at rodney_gordon@cblproperties.com.

For information on available outparcels, please contact Ryan Pecot or Robert Snetman by telephone at 423.490.8333 or by email at robert_snetman@cblproperties.com

About Dillard’s, Inc.

Dillard’s, Inc. ranks among the nation’s largest fashion apparel and home furnishings retailers with annual revenues exceeding $6.5 billion. The Company focuses on delivering maximum fashion and value to its shoppers by offering compelling apparel and home selections complemented by exceptional customer care. Dillard’s stores offer a broad selection of merchandise and feature products from both national and exclusive brand sources. The Company operates 283 Dillard’s locations and 18 clearance centers spanning 29 states.  For more information about Dillard’s, please visit www.dillards.com.

About Stirling Properties

A member of the Retail Brokers Network, Stirling Properties is a regional real estate firm offering comprehensive services in development; commercial brokerage; property and asset management; investment sales; and property owner and tenant representation. Stirling Properties’ portfolio includes over 14 million square feet of managed property and 60 million square feet of commercial properties for sale or lease. With offices located in Jackson, Mississippi; Baton Rouge, Lafayette, New Orleans, Metairie, Covington, Hammond, and Shreveport/Bossier City in Louisiana, Stirling is one of the largest real estate firms in the Gulf South.  Connect with Stirling Properties on the web at www.stirlingproperties.com, “like” us at facebook.com/stirlingproperties, follow us @StirlingProp on twitter.com/StirlingProp or subscribe to our Stirling Insights blog.

About CBL & Associates Properties, Inc.

CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 158 properties, including 96 regional malls/open-air centers. The properties are located in 31 states and total 92.7 million square feet including 10.5 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com.

Information included herein contains “forward-looking statements” within the meaning of the federal securities laws.  Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated.  Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements.  The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” incorporated by reference therein, for a discussion of such risks and uncertainties.

Marty Mayer selected for Young Leadership Council’s 2013 Role Model Class

Young Leadership CouncilMarty Mayer, President & CEO of Stirling Properties, is among 25 New Orleanians recently selected by Young Leadership Council (YLC) for their 2013 Role Model class.  YLC, a non-profit civic organization that develops leadership skills through community projects, will honor each Role Model at their 27th Annual YLC Role Model Gala.

Every year, a committee composed of members of the YLC Board of Directors and Role Models from previous years selects 25 members of the New Orleans community who serve as outstanding examples for the young talent that YLC represents.  Honorees distinguish themselves by promoting a positive attitude and an unyielding desire to enhance the quality of life in the New Orleans region, striving to unite the community in collaborative efforts for its future prosperity, serving as exemplary role models to young talent, and making significant contributions in their specific fields of endeavor.

“For over 26 years, we have identified leaders in our community who represent the qualities that YLC works hard to promote in our members. This year’s honorees are no exception,” said Richard Pavlick, 2013 YLC Board President. “We are excited to honor this group of outstanding individuals at this year’s Role Model Awards Gala.”

Other members of the 2013 Role Model class include:

  • Charlotte A. Bollinger, Bollinger Shipyards, Inc.
  • Marsha A. Boudy, New Orleans Jazz & Heritage Festival and Foundation
  • Nannette Jolivet Brown, United States District Court for the Eastern District of Louisiana
  • John M. Duck, Adams and Reese LLP
  • Ben Hales, New Orleans Saints and New Orleans Pelicans
  • Juli Miller Hart, Projects With Purpose
  • Paul Hoolahan,  Sugar Bowl
  • Janet R. Howard, Bureau of Governmental Research
  • Gary LaGrange, Port of New Orleans
  • John Landrum, Intralox LLC
  • Patricia LeBlanc, LeBlanc Butler LLC
  • Peggy Mendoza, City Year New Orleans
  • Virginia Miller, Beuerman Miller Fitzgerald
  • Kenneth Polite, Liskow & Lewis
  • Ann Rabin, Citizens for 1 Greater New Orleans
  • Dorothy “Dottie” Reese, DMM & Associates, LLC
  • Stephen Romig, LaPorte CPAs & Business Advisors
  • Stephen Rosenthal, Strategic Comp
  • G. Albert Ruesga, PhD, Greater New Orleans Foundation
  • Yaye Sarr, D.D.S.,  Smiles To Geaux
  • Chris Schultz, Launch Pad & Flatstack
  • Pamela Senatore, Generation Louisiana LLC
  • Ann Tuennerman, Tales of the Cocktail
  • Warner Williams, Chevron

About Young Leadership Council

The Young Leadership Council is a non-profit, non-partisan civic organization created to develop leadership through community projects. Through volunteer-created community projects, the YLC recruits and retains young professionals to New Orleans, creating a positive impact on the quality of life in the region. The oldest, independent YPO (young professionals’ organization) in the country, the YLC has raised more than $25 million to support community projects in and around the New Orleans area since 1986.

Business is Hopping along at the Square!

The Place for Families...Hammond Square

March was a very successful and busy month for the Tenants and Management of Hammond Square.  We have not seen official sales reports yet, but according to casual conversations with the Tenants and completely full parking lots at times, we expect great numbers. 

Our big Easter event was Saturday March, 30th and the Square was really busy!  At 8 am we had classic cars pulling into the lot near Albasha Greek & Lebanese Cafe and East of Italy for the annual Cars for Kids Fundraiser put on by the Golden Oldies Motor Club.  They raised a record-breaking amount for Children’s Hospital during their show.  155 show cars were onsite for the event with trophy winners in multiple categories:  Best of Show, Best Paint, Best Interior, Best Engine, and Kid’s Choice.  The Golden Oldies also had a stage with live performers and vendors set up in the area. 

At 9 am we had bunnies from Magic Happens Rescue Group out of Baton Rouge in the space next to Kay Jewelers.  The younger crowd enjoyed petting the rescue bunnies and learning facts like how long the average bunny lives and why their ears are so important. 

Also happening at 9 am, we had our regularly-scheduled Tangi Humane Pet Society dogs and kitties arrive at a new spot between Dillard’s and Maurices.  This was the most successful adoption event to date!  Nine dogs and one cat were adopted.  According to the manager of Maurices, they enjoyed having all of the animals close to their store.  Patrons would bring their children in strollers to the windows while shopping so the kids could watch the animals from inside the store. 

The main Hammond Square event, an Easter egg hunt, started promptly at 9:30 with areas divided for children based on age:  4 and under were in an area near Dillard’s, 5 and older were in front of Charming Charlie and Zales.  With over 700 eggs to hide, we finished just in time for the start of the hunt!  We plan on enlisting the help of more people to hide the eggs next year.  After all the planning and hard work, all of the eggs had been gathered in only 5 minutes!  The snack table with low-sugar punch, Ring Pops and Rice Krispy Treats was a big hit with the kids.  It took longer to give out the snacks than the actual hunt.  Another giveaway by Hammond Square was crayons for the kids and bags they could color…a great place to put eggs for the kids who did not bring baskets. 

Most of the Tenants specializing in the sale of children’s items had lines of customers waiting for the 10am store openings.  Our Easter Bunny pictures were nonstop for multiple hours after the egg hunt as well as our Shopping Center train ride.  So far, the majority of the feedback from the community has been overwhelmingly positive.  We’ve received a few messages of thanks on Facebook and over the phone from members of the community.  Many are saying they remember the old Mall having events, but that was back when they were children and they appreciate having these types of events close to home again. 

What is next on the agenda? Hammond Square has partnered with North Oaks Health System for an event to Celebrate Women’s Health on Saturday, May 4th from 10am to 4 pm.  This event has already become bigger than what was originally thought when the concept was first explored.  North Oaks is providing heart and stroke screenings as well as child safety seat checks.  North Cypress is teaching mini yoga/aerobics classes.  Dillard’s has a fashion show and cosmetics event going on that day too.  Multiple local health-related vendors will be set up at tables throughout the Center to provide people with information and promote their products.  North Oaks and Hammond Square have also put together 100 bags filled with coupons and goodies from the Tenants and vendors that will be handed out exclusively to people participating in the events. 

Looking ahead to June, we will have a big event to celebrate Father’s day.  Most people don’t think about a shopping center catering to that holiday for an event, but we look forward to surprising the community with an event that Dads and kids will thoroughly enjoy.

Remember to Shop Tangi to have your sales taxes benefit the community where you live! Shop in Tangi

Hammond Square: Cars, Wine, and Photobooths added up to success

Connect at Hammond Square

On a very cold Wednesday night, our first annual Lover’s Lane event was a huge success thanks to the many local vendors, car owners and organizations willing to brave the elements!  Hammond Square had 40 Classic Cars lined up on Palace Drive outside of businesses from Cato to Menchie’s.  There were over 100 people from Hammond and the surrounding area bundled up, but still in the mood to gather with friends and loved ones and revel in the oldies music, classic cars, wine tastings and a warm photo booth.  If you are wondering if people enjoyed the photo booth, you can check out the pictures on the Hammond Square Facebook page as proof they did!  We went through three cases of wine that night and the bottle selections made by Red, White and Brew seemed to fit the event just right.

Multiple tenants reported increased sales the night of the event. The restaurants were the biggest benefactors as the car owners and event patrons stepped in the heated spaces for dinner and snacks. Increasing traffic to our tenants is an added benefit of these events!   

A Tenant Team Spirit award went to Maurices for their great participation in the event. They had live models in their store windows, passed out coupons during the event, and even let their employees try out the photo booth! A close second was the newest tenant at Hammond Square, Obsession. With a new owner, new merchandise and new management, the store passed out cupcakes and provided a sneak peak of all the fabulous clothing they will have available starting in March when they open.

There were some items that could have been improved. After the event I had many people tell me that they did not know about it. We heavily utilized Facebook, e-mail  and other online media as our main promoting tools. We had one banner and three small landscape signs on site. Hammond Square is now an open air shopping center instead of an enclosed mall so we lose some of the reach impact that one or two major entrances can prove helpful for.

Because of this observation, signage for the next event will be placed at every entrance. We feel this may reach the crowd that doesn’t check in electronically on a regular basis, but does shop at the Square.

So what is next? Apart from our regularly scheduled Tangi Humane Society pet adoptions on the last day of every month; there is an Easter Egg Hunt on Saturday, March 30th! The Golden Oldie Motor Club decided to hold their big Children’s Hospital fundraiser at Hammond Square in the lot by Nagoya and Albasha on the same day as the Hunt. We are taking the success from Lover’s Lane and making this an all-day event for the entire family with the Easter Egg Hunt on Palace Drive starting at 9:30 am and the Car Show participant registration going from 8:00 am – Noon.  Hammond Square can only take the credit for the Easter Egg Hunt. Most of the work for this event is done by the Golden Oldies Motor Club who will even have a Kid’s Choice winner for the vehicle picked to be the coolest by the younger judges.

By Hammond Square slowly becoming known for being a social meeting area and tool for the community, we hope that it promotes a general feeling of community throughout Tangipahoa and the surrounding Parishes. As the Square becomes more active with new tenants and with even more successful existing tenants, we hope it will be used as a tool to show how Hammond is growing and changing in the right direction. Shop local. Shop Tangi! 

Shop in Tangi

Hammond Square: 2013 – A Year to Try New Things

Enjoy Hammond Square

Based on the positive sales reported by many of my tenants at Hammond Square, it looks like the residents of Tangipahoa Parish and the surrounding area had a very active Holiday season.  Several retailers’ sales were the best in December 2012 from any other month since they opened!  These numbers tell me that managing Hammond Square is going to keep me pretty busy.

So what does 2013 have in store for Hammond Square?  This Saturday, January 26, kicks off our first heavily marketed event of the year.  The Tangi Humane Society will have on-site pet adoptions starting at 10 am.  The Shopping Center is giving away branded flying disks to people who stop by and donate $5 or bring stainless steel water/food bowls.  This was the first time we used a promoted post on Facebook to let our shoppers know about the event.  Another event that is new to the Center is in its final planning stages and is scheduled for Wednesday, February 13 from 7-9 pm.  The Lover’s Lane Valentine’s event will bring a classic car show down Palace Drive with wine tasting stations and a photo booth.  All are free to the community!  We are using several outlets to promote this event – Facebook, banners, landscape signs, flyers, prizes for the car show participants and a radio remote.

In 2013 we are also working closer with two major businesses in Hammond: North Oaks Health System and Southeastern Louisiana University.  Based on meetings held with both in early January, there will be more events and community involvement in the coming year at Hammond Square.

In regards to our leasing approach, we are aggressively pursuing some locally owned businesses for locations on Palace Drive.  Locally owned businesses can bring  character and sense of community to our Center.

It looks like 2013 will be a busy year for me, the leasing team, and Hammond Square’s retailers!  Shop in Tangi!  Shop Hammond Square!Shop in Tangi

Stirling Properties and CBL & Associates Properties, Inc. to Develop Fremaux Town Center in Slidell, Louisiana

Development Over 70% Leased Prior to Construction StartFremaux Town Center Site Plan

COVINGTON, LA and CHATTANOOGA, Tenn. – January 15, 2013 – Stirling Properties and CBL & Associates Properties, Inc. (NYSE:  CBL) today announced the formation of a 35/65 joint venture to develop Fremaux Town Center in Slidell, Louisiana. Once complete, the 80+ 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 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.”

“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.”

Fremaux Town Center Phase I is currently more than 70% 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 significant 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, please contact Ryan Pecot by telephone at 337.572.0246 or by email at rpecot@stirlingprop.com.


About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States.  CBL owns, holds interest in or manages 163 properties, including 95 regional malls/open-air centers.  The properties are located in 27 states and total 91.8 million square feet including 9.4 million square feet of non-owned shopping centers managed for third parties.  Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO.  Additional information can be found at cblproperties.com.

Go to Top