Wednesday, October 24, 2007
Possible new Bidness for Slidell
Bayer Properties of Birmingham Alabama has announced......$900 million mixed-use development in Slidell, La., which would include office, retail, residential and medical facilities.
The project is a collaborative effort between the developers, the City of Slidell, St. Tammany Parish and the U.S. Army Corps of Engineers. It will be situated on Interstate 10, minutes from New Orleans, at a major interchange currently being constructed (Fremaux Ave).
The 400-acre project, which Bayer said will have a $1 billion impact on the Hurricane Katrina-ravaged area, is a joint venture between Bayer, Corporate Realty of New Orleans and landowner Robert Levis, which incorporated as Slidell Development Co. LLC.