D'IBERVILLE (WLOX) -- It's called The Promenade. With construction set to start in the next few weeks, D'Iberville city leaders and developers are touting this development to be the new shopping hub of South Mississippi.
"D'Iberville is lucky to be here at the forefront of one of the largest retail developments in South Mississippi in many, many years - especially since Katrina," said D'Iberville City Manager Richard Rose.
The Promenade will have eight major retail stores, or anchor stores. It will have 80,000 square feet for specialty shops and restaurants. Both national chains and local businesses are expected to set up shop in the new development.
"We're looking at this as our new beginning as far as economic development," D'Iberville Mayor Rusty Quave said.
CLB and Forum, the companies partnering on the project, say it will create about 1,000 permanent jobs. City leaders say the Promenade's central location and size, some 72 acres, will offer shoppers a lot more options.
"For people who go to Crossroads, this will be much larger than the Crossroads Mall," Rose said.
CBL and Forum say they'll make an announcement about which stores will be in the development in the next few weeks. But many are asking about the announcement the city made initially regarding the development - Is Target is coming to town?
"We all want to speculate on what's coming. But let me say it like this, if things continue to go as we expect them to, we'll have a great retail developer in D'Iberville that doesn't exist anywhere else," Rose said.
City leaders say once the project gets moving there's no telling what future development it might create.
"This is one of our first major projects to take off, and we're excited about it, and there's a lot more ready to come," Quave said.
More could be coming very soon. In addition to the 72 acres of development, Rose told WLOX News that neighboring property owners have also signed on to develop more retail shops. That could expand the development to 125 acres.
The Promenade is set to open in fall of 2009.