Ambassador Town Center celebrates grand opening with 97% occupancy

Lafayette, La. -- Stirling Properties and CBL & Associates Properties celebrated the grand opening of Ambassador Town Center located in Lafayette, Louisiana. The center is currently 97% leased and includes either first-time locations within Lafayette or Louisiana, or both.



Ambassador Town Center is a roughly 60-acre, 430,000 sq. ft. retail project anchored by Costco and Dick’s Sporting Goods/Field & Stream. The center will also feature: Avalon Salon & Spa, BJ’s Restaurant & Brewhouse, Blaze Pizza, Chuy’s Mexican Restaurant, Costco Gasoline, Dickey’s Barbecue Pit, Five Below, Freddy’s Frozen Custard & Steakburgers, Marshalls/HomeGoods, Nordstrom Rack, Off Broadway Shoes, Panda Express, Panera Bread, PetSmart, Phone Zone, Professor Bob Beans, Red Robin, Subway, Tao Japanese Cuisine, World of Beer and Verizon.



“We are excited to celebrate the grand opening of Ambassador Town Center and bring a unique customer experience to the Lafayette market,” said Michael Lebovitz, EVP, development and administration for CBL & Associates Properties. “This development brings a number of retail and restaurant options, most of which are new to the market.”



“We are confident in the future and prosperity of this area. Ambassador Town Center is positioned in an excellent location that is experiencing tremendous growth and attracting new retailers,” said Townsend Underhill, senior VP of development for Stirling Properties. “We are happy to continue our long and successful development history in the City of Lafayette.”



Ambassador Town Center has already created approximately 2,200 construction jobs, and is expected to generate roughly 1,700 permanent jobs and nearly $9 million annually in estimated sales tax collection, providing a huge boost for the local market.



The first tenant, Nordstrom Rack, opened earlier this month and last week Costco and Marshalls/HomeGoods opened. More tenants are expected to open their doors within the week.