Stirling Properties to Develop Full-Service Walgreens Drugstore in Metairie, Louisiana
Stirling Properties is pleased to announce the development of a new full-service Walgreens drugstore in Metairie, Louisiana. The proposed Walgreens will be located at the intersection of Veterans Boulevard and Power Boulevard in the Barlon Plaza Shopping Center. The new store will be a ground-up relocation of the existing Walgreens that is currently within the center.
“This project is a culmination of many months of hard work and a strong partnership between Walgreens, the landowners, Stirling Properties, and Jefferson Parish. This is the way successful development projects should work”, Peter Aamodt, Vice President of Development for Stirling Properties.
The larger 14,000 square foot store will have a drive thru window, a full service pharmacy, and will serve as a catalyst for future development to help revitalize an aging shopping center and retail corridor. Construction on the Metairie store is slated to begin in July and open in the first quarter of 2015. Stirling is providing pre-development services, including lease negotiation, permitting, financing, design, as well as construction and project management.
As a preferred developer for the Walgreens Company in the Gulf South, Stirling Properties has had a long-standing relationship with the retailer. Stirling recently developed and opened new Walgreens stores on Magazine Street in New Orleans, Terry Parkway in Gretna, and Pass Road in Gulfport, Mississippi.
For more information, contact Peter Aamodt, Vice President of Development for Stirling Properties, at paamodt@stirlingprop.com or by calling (504) 523-4481.
Stirling Properties Celebrates Grand Opening of Full-Service Walgreens Drug Store on New Orleans Westbank
Earlier today Stirling Properties celebrated the opening of the new full-service Walgreens drugstore in Terrytown on the Westbank of New Orleans. The celebration was commemorated with a ceremonial cutting of the ribbon by Jefferson Parish Councilman Ricky Templet, Walgreens Representative Bill Hagoort and Stirling Properties Vice President of Development, Peter Aamodt. The Walgreens is located at the intersection of Terry Parkway and Carol Sue Avenue on the site of the former A&P Grocery/Eckerd Drug anchored shopping center.
“This project represents a cooperative effort between Stirling Properties and Jefferson Parish to bring back a distressed commercial property to prominence once again as a viable retail corner that will serve the people of Terrytown”, said Peter Aamodt, Vice President of Development for Stirling Properties.
The larger 17,384 square foot store has a drive thru window and full service pharmacy and will serve as a catalyst for future development to help revitalize an aging retail corridor. Stirling provided pre-development services, including lease negotiation, permitting, financing, design, as well as construction and project management.
As a preferred developer for the Walgreens Company in the Gulf South, Stirling Properties has had a long-standing relationship with the retailer. Last year Stirling completed a full renovation of the former Ed Brauner American Legion Post #307 to a 13,000 square-foot Walgreens Marquee store. Another approved Walgreens site, currently in the early stages of development, is at the intersection of Veterans Memorial Boulevard and Power Boulevard in Metairie, La.
For more information, contact Peter Aamodt, Vice President of Development for Stirling Properties, at paamodt@stirlingprop.com or by calling (504) 523-4481.
Stirling Properties and CBL & Associates Properties, Inc. Celebrate Grand Opening of Fremaux Town Center Phase I
Today, Stirling Properties and CBL & Associates Properties, Inc. (NYSE: CBL) celebrated the Grand Opening of Phase I of Fremaux Town Center in Slidell, Louisiana. The 352,342 square-foot shopping center, with anchors including Kohl’s, Dick’s Sporting Goods, Best Buy and, T.J.Maxx, is over 95% leased. Phase II, anchored by Dillard’s, will commence construction later this year.
Fremaux Town Center is located on more than 80 acres at the southwest corner of Interstate 10 and Fremaux Avenue in Slidell, LA. Slidell is the largest municipality in St. Tammany Parish on the northern shore of Lake Pontchartrain near the city of New Orleans. The area has experienced significant growth following Hurricane Katrina. With its interstate location and high-visibility, Fremaux Town Center is expected to become a regional destination. “With the opening of Phase I of the Fremaux Town Center here in Slidell, the whole of St. Tammany Parish is the beneficiary,” said Pat Brister, St. Tammany Parish President. “This economic development endeavor will bring jobs and commerce to Slidell, and provide shopping and dining options for people coming into the Parish from other areas. This development will be another reason for people to Live, Work and Explore St. Tammany.”
“This is a wonderful day for the City of Slidell, one of the most anticipated economic development projects in Eastern St. Tammany Parish for nearly a decade. Stirling Properties is excited to have been able to deliver this center to the City and we look forward to continuing to grow this project with future phases and tenant openings.” said Stirling Properties’ Senior Vice President of Development Townsend Underhill.
Today’s festivities included a ceremonial ribbon cutting, the Slidell High School Band and special guests Mayor Freddy Drennan, St. Tammany Parish President Pat Brister, and City of Slidell Council Members. “We are thrilled to have such a beautiful development in our City,” said Slidell Mayor Freddy Drennan. “I know our citizens are excited about the opening of Fremaux Town Center. I would like to thank Stirling Properties and CBL & Associates for all their efforts in bringing this development to Slidell and we look forward to developing the remaining 400 acres.”
Stirling and CBL also announced a contribution of $10,000 to Keep Slidell Beautiful in honor of today’s Grand Opening. This contribution will fund the construction of signage welcoming visitors to the City of Slidell as they head west on Fremaux Avenue from Interstate 12. This signage and accompanying landscaping will set the benchmark for future entrance signage throughout the City of Slidell. “Keep Slidell Beautiful and the City of Slidell very sincerely appreciate the financial support of Stirling Properties and CBL & Associates Properties in purchasing the new city entrance sign on Fremaux Avenue. We are looking forward to a continued partnership with both of these companies. Keep Slidell Beautiful’s current plan is to take this new sign concept through several more of Slidell’s main entrances,” stated Bill Mauser, Executive Director of Keep Slidell Beautiful.
“Fremaux Town Center will not only provide Slidell and the surrounding area with an outstanding retail destination but will make a positive and lasting contribution to the region. We are thrilled to be partners with Stirling and look forward to bringing additional stores and restaurants to the market,” said Michael Lebovitz, Executive Vice President, Development and Administration of CBL & Associates Properties, Inc.
Tenants Now Open
Kohl’s
Dick’s Sporting Goods
Longhorn Steakhouse
Best Buy
PetSmart
Mattress Direct
Lane Bryant
Kirkland’s
Carter’s
Dressbarn
Rack Room Shoes
Anna’s Linens
Tenants Opening Soon
Massage Envy
Versona Accessories
Starbucks
Cheddar’s
T.J.Maxx
Michaels
Ulta Beauty
Verizon Wireless
Bellagio Nail Spa
GNC
Felipe’s Taqueria
Five Guys Burgers and Fries
Sport Clips
LA Fitness
AND MANY MORE SOON TO BE ANNOUNCED!
For leasing information, please contact Ryan Pecot at 337.572.0246 or email at rpecot@stirlingprop.com; Rodney Gordon at 423.553.8704 or email at rodney_gordon@cblproperties.com or Robert Snetman at 423.490.8333 or email at Robert_snetman@cblproperties.com.
Fremaux Town Center – February Update
The push this week at Fremaux Town Center is to “finish strong”. The buildings are in their final stages of completion with fixturing and stocking of the shelves underway. The parking lot defining stripping and traffic controls wrap up this week with connecting sidewalks and landscaping in their final stages. A large number of the tenants have building ID signage installed announcing openings in March. Stirling Properties and CBL & Associates Properties, Inc. (NYSE: CBL) will be grand opening Phase I of Fremaux Town Center on March 14, 2014. Stay tuned for more updates!
Stirling Properties and CBL & Associates Properties, Inc. Officially Announce LA Fitness Coming to Fremaux Town Center
Fremaux Town Center – As of January 14, 2014
Stirling Properties and CBL & Associates Properties, Inc. (NYSE: CBL) officially announce the addition of LA Fitness to the Phase I tenant lineup of Fremaux Town Center in Slidell, Louisiana. Scheduled to open 4th Quarter 2014, the 41,000 square-foot facility will be their first location in Louisiana. LA Fitness is a state-of-the-art health club with a wide-range of amenities and a highly trained staff to provide fun and effective workout options to family members of all ages and interests.
Phase I of Fremaux Town Center is approximately 350,000 square feet anchored by Kohl’s, Dick’s Sporting Goods, Best Buy, T.J.Maxx, and Michaels. Construction is moving along as scheduled with a grand opening scheduled for March 2014.
Also joining the previously announced tenants are:
- GNC, a leading global specialty retailer of health and wellness products, including vitamins, minerals and herbal supplement products, sports nutrition products and diet products.
- Five Guys Burgers and Fries, a fast casual restaurant focusing on hamburgers, fries and hotdogs, with a total of 15 free toppings to allow guests to create a truly customized burger.
Once complete, the 80+ acre Fremaux Town Center will consist of two phases. Phase II will include up to 320,000 square feet of additional retail space anchored by Dillard’s and is scheduled to open in Spring 2015.
For leasing information, please contact Ryan Pecot by telephone at 337.572.0246 or by email at rpecot@stirlingprop.com or Rodney Gordon by telephone at 423.553.8704 or by email at rodney_gordon@cblproperties.com.
For information on available outparcels, please contact Ryan Pecot or Robert Snetman by telephone at 423.490.8333 or by email at robert_snetman@cblproperties.com
JCH Development and Stirling Properties Celebrate Groundbreaking of Magnolia Marketplace
Earlier today JCH Development, Stirling Properties, Mayor Mitch Landrieu, elected officials and other dignitaries commemorated the groundbreaking of Magnolia Marketplace, a 106,000 square-foot shopping center located in New Orleans, LA at the intersection of South Claiborne Avenue and Toledano Street.
“We are proud to bring a dynamic new retail development to an underserved portion of Central City. This development will bring a formerly vacant and blighted piece of property in the City of New Orleans back to commerce”, stated Tara Hernandez, President of JCH Development.
“Magnolia Marketplace is further proof that New Orleans is on a retail roll,” said Mayor Mitch Landrieu. “This project represents economic growth, jobs and opportunities and more retail options for an underserved community. Projects like this are why people are looking at New Orleans as a model for economic revival and urban renewal.”
Tenants scheduled to open in spring 2015 are Ross Dress For Less, T.J.Maxx, Michaels, PetSmart, Shoe Carnival, ULTA Beauty and Raising Cane’s. The project is 100% pre-leased. Previously announced was the 6,000 square foot initial phase of Magnolia Marketplace development located at the intersection of South Claiborne Avenue and Fourth Street. Capital One Bank is currently open in that building. T-Mobile and Subway are slated to open in early 2014.
“This project embodies the strength of the New Orleans recovery and represents yet another important step in bringing retail back to the city,” stated Townsend Underhill, Senior Vice President of Development. “We are excited to be moving forward with Magnolia Marketplace, another project that signifies Stirling’s commitment to the City of New Orleans.”
Stirling’s recent projects in New Orleans include Mid-City Market, a 108,000 square-foot Winn-Dixie anchored shopping center located at North Carrollton Avenue and Bienville Street, as well as the full renovation of the former American Legion building located on Magazine Street into a new 13,000 square foot Walgreens Marquee Store. Since 2011, Stirling Properties has invested over $120 million in the City New Orleans.
JCH Development’s most recent project is the conversion of the former Blue Plate manufacturing facility into the Blue Plate Artist Lofts, 72 residential lofts, on South Jefferson Davis Pkwy.
For more information, contact Townsend Underhill at tunderhill@stirlingprop.com or 985-898-2022, or for leasing information contact Rhonda Sharkawy at rsharkawy@stirlingprop.com or 504-523-4481.
