Summit Fremaux
Located along I-10 between the OST (Old Spanish Trail) and the new Fremaux Rd. exits,
The Summit Fremaux, the $900 million, 400 acre development by the Bayer Properties, of Birmingham, Ala., should break ground in early May.
Retail businesses, which will dominate the area closest to Fremaux and I-10, will comprise two department stores, including a Dillard's; two other anchor stores; and numerous national specialty stores, said Jeffrey Bayer, a principal with the company and its founder.
The site also will contain a movie theater, a 150-room hotel, several restaurants and 300 apartments, and as the development continues to unfold, the residential units eventually will number as many as 1,300, Bayer said.
Bayer, who has built similar Summit developments in Birmingham, Ala.; Reno, Nev.; and Louisville, Ky., said the complex will prove to be an entire community within a larger metropolitan area.
Since it opened in 1997, the company's flagship property in Birmingham has become that capital city's largest source of sales tax revenue, said Mickey Gee, a marketing professor at the University of Alabama at Birmingham and local retail expert. He said Bayer Properties is a first-class company with the ability to attract top-notch retailers such as Saks Fifth Avenue.
When complete, the center is expected to contain 1 million square feet of retail space for stores and restaurants, 500,000 square feet of medical facilities and up to 325,000 square feet of commercial office space, in addition to the 1,300 single and multifamily homes.
The site also will house the 350,000-square-foot UNO Research and Technology Park, as Levis has donated 25 acres near Fremaux for the project. The park would be similar to that already on the New Orleans lakefront, though plans for the Slidell facility include classes focusing on technological issues for future job needs at Stennis Space Center in nearby Hancock County, Miss., and at NASA Michoud Assembly Center in eastern New Orleans.
the story
http://www.nola.com/news/index.ssf/2...tial_comp.html
pdf project link
http://www.bayerproperties.com/files...chbook2008.pdf
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