D’IBERVILLE, MISS. — Chattanooga, Tenn.-based CBL & Associates, in conjunction with joint venture partner Forum Development Group, is building The Promenade, a 72-acre, 700,000-square-foot power center in D’Iberville, located at the northwest corner of interstates 10 and 110. The center will feature 11 anchors and more than 80,000 square feet of specialty shops and restaurants. CBL is the majority partner responsible for development, leasing and management. Construction will begin this month, and the center will open next fall. The project will benefit from tax exempt funding via GO ZONE legislation, which is designed to encourage development in hurricane-impacted areas. Chattanooga-based EMJ Corporation is the general contractor, and the project architect is Atlanta-based Phillips Partnership. Tenants have committed to occupy more than 365,000 square feet.
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