Stirling Properties To Redevelop Old Metairie Village in Metairie, Louisiana
Stirling Properties announces the $2.5 million renovation and redevelopment project of Old Metairie Village shopping center, an 84,400-square-foot, 3-story mixed-use development located at the corner of Metairie Road and Focis Street in Metairie, Louisiana.
Plans for the project consist of an overall upgrade to the entire façade, including the addition of architectural shingles and standing seam metal roofing, renovated walkways, new awnings, upgraded lighting and landscaping, and painting of the entire center. The general contractor on the project is Trimark Constructors LLC, and the architect is Steve Zito with Zito∙Russell Architects, P.C.
The redevelopment of the center will be completed in two initial phases. Construction will commence in mid-June on Phase I of the project, which includes the north and west buildings and upgraded lighting in the parking lot, and is slated for completion in early November of 2018. Phase II of the renovation encompasses the two eastern buildings. Construction on the second phase is planned to begin in late December and will wrap up in early spring of 2019.
Old Metairie Village is currently comprised of upscale retail occupying the first floor and medical and office tenants occupying the second and third floors. The center is 98% leased. Tenants include U.S. Post Office, Massage Envy, GNC, CC’s Coffee House, Zoës Kitchen, Metairie Bank & Trust, Verizon, Longbranch Healthcare, Boudreaux’s Jewelers, Subway, Poke Loa, and more. Stirling Properties manages and leases the property. It is owned by Old Metairie Village Limited Partnership.
“To keep pace with the tremendous growth in the Old Metairie neighborhood and surrounding areas, Stirling Properties is excited about the redevelopment of this upscale community retail center,” said Grady Brame, Executive Vice President of Stirling Properties. “Old Metairie Village will continue to offer the same great mix of tenants, but will now have a more modernized feel to better position it to serve the surrounding community for many more years to come.”
Stirling Properties manages more than 19.3 million square feet of property across the Gulf South region, including retail, office, industrial, medical, residential, and mixed-uses. Other notable Stirling Properties projects in the area include Oakridge Place Shopping Center (Metairie), Mid-City Market (New Orleans), Magnolia Marketplace (New Orleans), and Pan American Life Center (New Orleans).
For leasing information, contact Joe Gardner, CCIM, at jgardner@stirlingprop.com or (504) 200-5730.