Excitement Swirls Around New D'Iberville Retail Development

D'IBERVILLE (WLOX) -- The lunch crowd is growing at High Cotton Grill. The restaurant is one of the newest businesses to open at a hopping shopping center in D'Iberville.

"Because Sangani Center is a growing center, and a lot of people come here to shop," said restaurant owner Bob Taylor.

Talk of a Target store coming to town is also stirring up a lot of excitement.

"I think it's good," said Taylor. "I think it will draw more people. Target seems to be, they tend to draw from a larger radius of people."

The buzz around town is that Target is one of the 11 major anchor stores for the huge Promenade retail development. Land is already being cleared for the 700,000 square foot shopping plaza.

"It looks like 19 just small stores and many restaurants," said D'Iberville City Manager Richard Rose.

City leaders are being very secretive about whether Target is setting its sights on D'Iberville.

"We're under an agreement not to talk about what's coming in just yet," said Rose.

But all signs seem to point to a Target. The words "Target Tract" appear on a layout map, and records show the development company received a "Target" sign variance last year.

The entire Promenade Project is expected to generate an additional $2.2 million in tax revenues for the city every year. It should also draw even more businesses to the area, and transform the already busy shopping hub.

"There's a lot of retail, big box shopping centers," said Rose. "I think the communities will be very excited and surprised that we're going to have the finest shopping center around."

"The more restaurants that go out there, the impact on me is going to be felt initially," said Taylor. "But perhaps in the long run, it'll work itself out real well."

Two companies, CBL and Forum, are partners in the Promenade project. They plan to announce the names of some of the major stores at Tuesday's groundbreaking ceremony. The shopping plaza is expected to open in October of 2009.