(ST. TAMMANY)---Nearly half a billion dollars in investments highlight a mid-year report card that shows more jobs are on the way in St. Tammany Parish, according to the St. Tammany Economic Development Foundation.

As part of the Economic Development District, the STEDF reported that projects approved already for this year indicate that slightly more than $469 million in Gulf Opportunity Zone Bonds for major business ventures have been awarded in St. Tammany Parish. Business leaders said that projections indicate that those ventures may result in thousands of new jobs in the parish.

STEDF Executive Director Brenda Reine-Bertus said that the major investments include an 850,000 square-foot warehouse and distribution center in Pearl River, a multi-purpose retail, residential, and medical complex in Slidell, an office project in Covington, and a waterfront commercial, office, and entertainment complex near Slidell.

Reine-Bertus added that since 2002, the STEDF has played a role in the issuing of more than $717 million in bonds for major projects.

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