Our News - Real Estate

FERN MARKETPLACE: New Development Soon to Break Ground

Monday, June 29, 2020
FERN MARKETPLACE: New Development Soon to Break Ground

 

It was almost four years ago that Fern Marketplace’s Whole Foods development project was announced. Fern Marketplace, the master-planned high-end retail development at the intersection of East 70th and Fern Avenue initiates more economic growth through a new development project. Tract H, the 5.24-acre northeast tract that sits behind Fairfield Market and Café is among one of the newest development sites. Encompass Health will soon begin breaking ground on the latest Phase III development project. Encompass Health announced that it plans to buildShreveport Rehabilitation Hospital, a 40-bed inpatient rehabilitation hospital.

JoAnn Wheless, the listing agent of Sealy Real Estate Services, believes that the medical development project will further emphasize the economic impact that the Fern Marketplace development project has made since starting in 20##.

The healthcare industry is one of the largest employers in North Louisiana and an economic driver for the region. The Shreveport and Monroe metropolitan areas support two medical hubs in North Louisiana, which provide health care for the northern half of the state, east Texas, west Mississippi and southern Arkansas (Source-NLEP).

There is already an Urgent Care facility within Fern Marketplace, located on Fern Avenue.“The new development of Shreveport Rehabilitation Hospital adds economic value to both the location and community by providing both medical employment opportunities and rehabilitation services outside of major medical hospitals.” adds Jackson Wheless, listing co-agent, of Sealy Real Estate Services.

Fern Marketplace offers the ideal location for business growth and is within a five (5) mile vicinity of over 9,000 businesses and 121,000 employees. For information on Encompass Health and available jobs visit Encompass Health - Coming to Shreveport. For more information on Fern Marketplace or the remaining lots available for sale, contact Jo Ann Wheless, joannw@sealynet.com, or Jackson Wheless, jacksonw@sealynet.com.