development

Stirling Properties to Develop Full-Service Walgreens Drugstore in Gulfport, MS

Walgreens Gulfport

Stirling Properties is pleased to announce the development of a new full-service Walgreens drugstore in Gulfport, Mississippi.  The proposed Walgreens will be located at the intersection of Pass Road and Interstate 49 at the location of the former Gulfmart Shopping Center.  Stirling Properties is providing development services, including lease negotiation, financing, and project management, to a third party owner of the property.

The 13,650 square-foot store will have a drive-thru window and full service pharmacy and will serve as a catalyst for future retail development of that corridor. The Gulfport store is slated to begin construction in January and open in the third quarter of 2013.

As a preferred developer for the Walgreens Company in the Gulf South, Stirling Properties has had a long standing relationship with the retailer. “Our team has been working successfully with Walgreens for the past 10 years and has delivered over 25 stores with many more in the pipeline”, said Peter Aamodt, Vice President of Development for Stirling Properties.  “Stirling is committed to finding new development opportunities for all of our retail clients in the Gulf South.”

Construction is also currently underway on a Stirling Properties’ Walgreens development located at 5518 Magazine Street in New Orleans, Louisiana.

For more information, contact Peter Aamodt, Vice President of Development for Stirling Properties, at paamodt@stirlingprop.com or by calling (504) 523-4481.

November 13, 2012|development, Mississippi, news, Press Releases, Walgreens|

Walgreens on Magazine – Update 11/2/12

Magazine Street WalgreensThe project is still moving along at a fast pace.  Following the setting of the base cast stone, you can now see that the front façade brick veneer is going up quickly.  The large windows facing Magazine street are taking shape and it will not be long before this phase is complete.  The interior work is progressing with the installation of drywall, completion of framing, HVAC Ductwork, Electrical Rough-In and the concrete decking work at the second floor.

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Sam’s Club Opening a Record-Breaking Success!

Sam's Club at River Chase - Ribbon CuttingYesterday morning I spoke briefly at the official ribbon cutting for the Sam’s Club in our River Chase development. The parish president, all of the area mayors, several council members and a crowd waiting for the doors to open were all gathered.  It was great to see so many people excited about the store opening.

Monday night was the store’s soft opening and it was equally crowded.  The Sam’s Club parking lot was full, plus there were about 300 extra cars parked on the street and in nearby lots.  The manager, Chris Cuevas, told me that the soft opening was a record for Sam’s Club.

I wouldn’t be surprised if this store sets many more records.

Walgreens on Magazine – Update 10/25/12

Walgreens on MagazineThings are moving fast at Magazine Street Walgreens.  We now have laid the starting course of cast stone on the front elevation, from there on up we will see the brick veneer going up which will help define the window openings.  The roofing is now complete, building totally dried in and HVAC Units are in place.  Ductwork is now underway inside as well as a flurry of activity of Drywall Studwork, Electrical Rough-in and some of the remaining selective demolishing work.  The Walgreens specified tile flooring is being manufactured and due to ship from Italy in early December, this store will not look like your typical Walgreens….we can’t wait to see it either!

Stirling Properties Welcomes Mac Bauer to Its Development Team

COVINGTON, LA– October 25, 2012 – Stirling Properties, expands the depth and breadth of its Development Team by announcing the addition of Mac Bauer as a Development Associate.

In this position, Mr. Bauer will work directly with Lewis Stirling and Townsend Underhill.  Mac brings to Stirling several opportunities for historic inner-city developments.  Mac’s experience includes international asset and investment management, as well as developing and operating New Orleans’ first urban RV Park.

“The industry is seeing an upswing in activity and it is crucial to have the right people in place to capitalize on growth opportunities. This is why we are pleased to be able to bring someone of Mac’s caliber on-board,” said Lewis Stirling. “His previous experiences and expertise will play a significant part in Stirling Properties’ development goals as we continue to expand our services in the Gulf South.”

October 25, 2012|Corporate, development, news, Press Releases|

Walgreens on Magazine – Update 10/15/12

October 2012The Magazine Street Walgreens project is really taking shape, the great weather has allowed the roofing to be completed as well as the final topping out of the new rear wall.  The front façade stone and brick were delivered last week, and final touches on the front were done to allow the veneer to start today, Monday October 15th.  Interior progress is moving along at a fast pace, drywall framing, sprinkler rough in, electrical and plumbing rough in work is happening just about everywhere you look.

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