The D'Iberville city council is negotiating with a developer to build a shopping center and a traffic interchange at the I-10/I-110 intersection.
Mayor Rusty Quave says the millions of dollars in economic development that will bring will ensure no tax increase for D'Iberville citizens for the next ten to 15 years. The mayor and others we talked to say they foresee this crossroads in D'Iberville becoming the Coast's next development hotspot.
Restaurant owner Danny O'Neal knew when Wal-Mart, Lowe's and other stores opened at the I-10/I-110 intersection, it wouldn't be long before the whole area became a prime spot for commercial development. That's why O'Neal opened a location in D'Iberville.
"Absolutely, we seen the business potential. We're right in the middle of Keesler Air Force Base and the new growth on I-110," O'Neal said.
The new growth includes plans for a 300,000 square foot shopping center on the south side of I-10. D'Iberville's mayor says the developer has the okay from the federal and state transportation departments to build a $35 million interchange to handle increased traffic. The developer would have to pay for it, though the city would offer some financial help.
"Then the city would look at doing some TIFF bonds and some financial plans to help the developer out after the commitments are there from the shopping center developers," Mayor Quave said.
Quave says he can't reveal which stores may go in, but he says everyone will recognize the names.
"We're in the process of signing some letters of intent with these major corporations, and I think the entire Gulf Coast community is going to be satisfied with the names that are going to come to this shopping center."