Retail/Commercial Component of Columbia Parc at the Bayou District
Stirling Properties is serving as a consultant for Columbia Parc at the Bayou District and we recently completed a report commissioned by the Bayou District Foundation in New Orleans for the development of the retail and commercial component for the master-planned, mixed use community. The report includes an inventory of existing resources and conditions, identification of retail tenants, preliminary design and programming, identification of funding sources, development budgets, construction timelines, and recommendations on a go-forward strategy. We believe that re-development and re-population of former neighborhoods like St. Bernard will be crucial to the continued recovery of the City of New Orleans and we are pleased to be able to contribute to such a worthy project.
Retail and commercial businesses are a vital and essential component of any mixed-use residential development. The area surrounding the new Columbia Parc development has been historically underserved from a retail perspective. Numerous opportunities exist for retailers willing to locate in this emerging and underserved area and our response from national and local prospects alike has been very positive.
Columbia Parc at the Bayou District is a new $440 million mixed-income redevelopment of the former St. Bernard housing project located on St. Bernard Avenue near I-110 in New Orleans, Louisiana. Since groundbreaking in 2008, the Bayou District Foundation, together with Columbia Residential, has created 515 high quality new mixed-income housing units (of a planned 1,325). One of the largest and most successful urban renewal projects in the United States, the Bayou District has earned nationwide acclaim for its forward-thinking development approach and innovation. A part of the Bayou Foundation’s vision is the development of retail and commercial presence on a 6 acre tract fronting St. Bernard Avenue to serve the residents as well as the entire community.
Related Article from New Orleans CityBusiness “Redeveloped St. Bernard Project Tries to Surpass Community It Was Modeled After”
Stirling Properties Announces Additional Shareholders
COVINGTON, Louisiana —- (DECEMBER 8, 2011) Stirling Properties is pleased to announce that effective January 1, 2012, Donna Taylor, Jeffrey Marshall, Paul Mastio, and Townsend Underhill will become shareholders of Stirling Properties, LLC. They join Marty Mayer, President and CEO, and Lewis Stirling and Grady Brame, Executive Vice Presidents, as part of the company’s new ownership team. “As we continue to look ahead and lay a solid foundation for the future, I am particularly pleased that this group of highly professional, talented and dedicated individuals will be part of our ownership team,” commented Mr. Mayer. (more…)
Jennifer West Appointed To Accounting Systems Analyst for Stirling Properties
COVINGTON, Louisiana —- (November 21, 2011) Stirling Properties is happy to announce that Jennifer West is the company’s new Accounting Systems Analyst after transitioning from her previous role as Property Controller earlier this month.
The Accounting Systems Analyst is a new role created to manage and oversee the functions of Yardi VoyagerTM, a property management and accounting system that Stirling Properties purchased in late 2010. In this new role, Ms. West will take the lead in setting up new modules, creating new reports and training personnel on various aspects of the system. Ms. West, who has been with Stirling Properties for 13 years, will also continue to provide accounting services for several of her assigned property management properties.
“With the implementation of the Yardi system, it became apparent we needed someone to focus on employing our operational processes within the system for us to become as effective as possible,” said Paul Mastio, Chief Financial Officer of Stirling Properties. “Jennifer has the knowledge and experience at Stirling to accomplish these goals.”
“I’m excited about the opportunity to connect our daily processes within the Yardi system. The more familiar we are with the system nuances, the more efficient our team will become,” said Ms. West.
Stirling Properties Promotes Chris Abadie to Vice President and Manager of Commercial Brokerage Division
COVINGTON, Louisiana —- (November 17, 2011) Stirling Properties has promoted Chris Abadie to Vice President and Manager of the Commercial Brokerage Division after 11 years as a Sales and Leasing Executive with the company.
“During Chris’s tenure with Stirling Properties, he has not only been a productive agent, consistently representing large clients, but has demonstrated management qualities that we feel prove to be an invaluable asset,” stated Marty Mayer, President and CEO of Stirling Properties.
In his new role, Mr. Abadie will oversee all aspects of commercial operations throughout each of Stirling Properties brokerage offices located in Louisiana and Mississippi. His focus will include directing sales efforts, new business development, recruitment, and training of new agents. (more…)
Stirling Golf Tournament Raises Money for Mary Bird Perkins Cancer Center
COVINGTON, Louisiana —- (September 26, 2011) Stirling Properties’ 11th Annual Stirling Invitational Golf Tournament raised $10,000 for Mary Bird Perkins Cancer Center. The scramble-style golf tournament hosted by Stirling Properties was held Monday, September 19th at the University Club, in Baton Rouge where generous contributions from sponsors and close to 100 golfers helped to make the event a success. (more…)
Stirling Properties Adds Property Controller to Accounting Team
COVINGTON, Louisiana —- (SEPTEMBER 7, 2011) Stirling Properties, a regional real estate firm, welcomes Colleen Angerdina, CPA to its team of professionals as the Controller of Property Accounting. This move provides Stirling Properties with the added expertise needed to handle the growing number of managed properties within the company’s portfolio, which currently includes over 12 Million square feet.
“Colleen’s extensive experience in tax consulting services, specifically in real estate, construction and multi-state taxation strengthens the core of our accounting team,” said Paul Mastio, Chief Financial Officer of Stirling Properties. “Her expertise enables Stirling Properties to continue to deliver unparalleled service to our clients.” (more…)