D'IBERVILLE, MS (WLOX) - It's a major retail development that means hundreds of jobs and millions of dollars in sales tax money for the City of D'Iberville.
Stores and restaurants are taking shape at the Promenade shopping center at the intersection of I-10 and the I-110.
They broke ground last summer and are planning a grand opening for later this year. A long awaited Target is the store perhaps most associated with Promenade. But there is much more included in the nearly 80 acre development.
The expansive retail development can easily be seen from the nearby interstate. Promenade is making considerable progress.
D'Iberville's mayor says the pace of construction is impressive.
"I'm impressed every day. It's a month goes by, there's a new building. Another month, there's a new building," said Mayor Rusty Quave.
But Mayor Quave sees more than concrete and steel and bricks and buildings. Along with delivering more opportunities for shopping and dining, Promenade represents jobs and tax dollars.
"We're looking at about 500 permanent jobs, about 700 jobs in the interim construction and the part time jobs that will remain out here. Possibly about four million dollars a year in sales tax, about ten million dollars a year to the state," said Mayor Quave.
The substantial investment on the 79 acre site came close to not happening at all. Mayor Quave admits it came down to a final 40 days of decision making, when the Promenade project could have gone either way.
He gives much credit to an aggressive public-private partnership for making it happen.
"And it's a joint effort by all the governmental agencies coming together with the private developers to do business. And I think in the future we're going to see more public-private partnerships take place on the gulf coast. And I think that's what's going to generate this economy," said the mayor.
The new stores and restaurants at the Promenade include Target, Best Buy, Dick's Sporting Goods, Michael's, Marshalls, Kohl's and an Olive Garden.
Early December is the official opening date for Promenade. Mayor Quave is hoping for late October or early November.
"We can't wait. This is a great project," said Mayor Quave.
CBL and associates of Chattanooga, Tennessee, is the developer of Promenade. The shopping center is also attracting other potential developers to that area.
Mayor Quave said the southwest corner of I-10 and I-110 may be the next area of commercial construction.