High-end retail development near Towne Center in early planning stages

Two new restaurants are moving into Towne Center as long-time tenant Mignon Faget prepares to leave for the Mall of Louisiana. (iStock photo)

Preliminary plans are in the works for a new retail center on Corporate Boulevard near Towne Center.

Real estate broker George Kurz of Kurz and Hebert Commercial Real Estate is advertising space for lease in a new development that would be called Corporate Point. The shopping center would contain 30,000-square feet of restaurant and retail space and be located on a 3.5-acre tract of undeveloped land located between The Reserve condominium complex at Towne Center and the MidSouth Bank branch at 6919 Corporate Blvd.

Kurz declines to identify the developer with whom he is working, but public records show the property is owned by Summa Professional Office Corp. LLC. Dr. J. Michael Burdine is the principal behind Summa Professional Office Corp. and is a seasoned investor in the local real estate market.

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