Rendering of Walgreens on Magazine Street
Stirling Properties is renovating the old American Legion Hall located at 5518 Magazine Street in New Orleans into a new Walgreens Drug Store. Demolition on the site will begin in November with construction slated to begin during January of 2012. The new store is scheduled to open summer 2012.
5518 Magazine Street – Before & After
Stirling Properties Celebrates Grand Opening of New Retailers at Premier Centre
COVINGTON, Louisiana (NOVEMBER 2, 2011) Stirling Properties, developer and manager of Premier Centre, a 295,000 square foot grocery-anchored neighborhood and community shopping center, announces the grand opening this week of national retailers Coldwater Creek and Buckle. (more…)
Multiple Stores to Open at Stirling Bossier Shopping Center
- New tenants at Stirling Bossier Shopping Center
SHREVEPORT/BOSSIER CITY, Louisiana —- (OCTOBER 10, 2011) Stirling Properties, developer and property manager of Stirling Bossier Shopping Center, announces the addition of the following national retailers to its tenant lineup: Old Navy, ULTA Beauty, Maurices, Mattress Firm, The Joint and GNC. The phased opening of these new locations over the next six months completes phase four of the center’s six planned phases. Details behind the opening of these locations are as follows:
Stirling Properties Expands Retail Options at River Chase Shopping Center
Eight National Retailers Prepare to Open Spring 2012
COVINGTON, Louisiana —- (SEPTEMBER 23, 2011) Stirling Properties announces River Chase Shopping Center Phase Two, which broke ground in August, and the addition of eight new national tenants that will bring 85,000 square feet of retail space to River Chase as part of an expansion to the development’s existing shopping center. All stores are expected to open spring 2012 and will occupy built-to-suit space located within the center’s southern end, south of Brewster Road.
Five of the eight national tenants have signed leases. They are as follows:
- Michaels, the largest specialty retailer of arts, crafts, framing, floral and more, will occupy 28,290 SF. This will be the retailer’s second location in Western St. Tammany with a store already in Mandeville.
- Chuck E. Cheese’s, a leader in the family dining and entertainment industry, will occupy 15,400 SF. This will be the second St. Tammany Parish location for the retailer and first for Western St. Tammany.
- ULTA Beauty, the largest beauty retailer providing prestige, mass and salon products and services, will occupy 10,000 SF. This location will be the retailer’s first within the New Orleans Metro and fifth in Louisiana with stores in Baton Rouge, Hammond, and Shreveport and coming soon to Bossier City.
- Charming Charlie, an affordable women’s fashion accessory boutique, will occupy 8,000 SF. This location will be the retailer’s first within the New Orleans Metro and fourth in Louisiana with stores in Lafayette, Baton Rouge and Hammond.
- Carter’s, a leading brand of children’s clothing, gifts and accessories, will occupy 4,300 SF. This marks the retailer’s third location in Louisiana with a store already in Bossier City and an outlet center in Gonzales.
The remaining three national tenants are in lease and will be announced in the near future. Of them, one is a soft-good tenant that will occupy 8,500 square feet. This will mark their first location in Louisiana; a significant move for the retailer and tremendous economic opportunity for St. Tammany Parish. The other two will be great additions to the well-established co-tenancy at River Chase Shopping Center, occupying 3,600 and 5,300 square-foot spaces.
“The expansion of the River Chase Shopping Center is a strong show of the strength of the Western St. Tammany retail market and the continued growth that this market is seeing,” said Stirling Properties’ Vice President of Development Townsend Underhill. “It is very exciting to see such highly regarded national retailers enter the Western St. Tammany market for the first time and we know they will be successful at River Chase.”
This announcement comes on the heels of the official announcement that Wal-Mart Stores, Inc. will build an upscale Sam’s Club at River Chase which is scheduled to open in fall 2012 – just months after these multiple retailers open.
On top of the new retail activity at the River Chase Shopping Center, the entire River Chase development is experiencing new growth. Brewster Commons at River Chase is currently renting 1, 2 and 3 bedroom luxury apartment homes for November occupancy. Holiday Inn Express and Fidelity Homestead Savings Bank are also set to begin construction at River Chase later this year. As well, a 42-acre office park is now pre-leasing 157,400 square feet of space which will be located east of Stirling Boulevard across from the new Sam’s Club location.
For more information about the River Chase development contact Townsend Underhill at tunderhill@stirlingprop.com or call (985) 898-2022.
For information about new construction opportunities, one to six acre outparcels for sale and retail leasing inquiries, contact Rhonda Sharkawy, Retail Leasing & Development Executive for Stirling Properties, at rsharkawy@stirlingprop.com or call (504) 523-4481.
For information about the Offices at River Chase contact Lee de la Houssaye, Leasing and Sales Associate for Stirling Properties, at ldelahoussaye@stirlingprop.com or call (985) 246-3774.
Stirling Properties Officially Announces Sam’s Club is Coming to River Chase
COVINGTON, Louisiana —- (AUGUST 16, 2011) Stirling Properties, the developer of River Chase, officially announces that Sam’s Club is coming to River Chase Shopping Center, the largest open-air retail center in St. Tammany Parish. Sam’s Club closed today on the purchase of a 16.58 acre site for the development of a new, 136,000 square foot store at River Chase. Wal-Mart Stores, Inc., the parent company for Sam’s Club, has committed to build their top of the line prototype building at the River Chase site, which will not resemble any other Sam’s Club in Louisiana.
This new Sam’s Club will be the only one in western St. Tammany and construction on the predominantly stone and brick facade will begin soon as Sam’s has already obtained all the necessary permits to begin. The anticipated opening is scheduled for fall 2012 and is expected to provide 100+ jobs for the area.
For more information about the Sam’s Club deal or River Chase development contact Townsend Underhill, Vice President of Development for Stirling Properties, at tunderhill@stirlingprop.com or by phone at (985)-246-3785.
Stirling Properties Welcomes Jordi Goodman to Its Development Team
COVINGTON, Louisiana —- (JUNE 7, 2011) Stirling Properties expands the depth and breadth of its Development Team by announcing the addition of Jordi Goodman as a Development Associate.
In this position, Mr. Goodman will work directly with Townsend Underhill and Peter Aamodt, Stirling Properties’ Vice Presidents of Development and Acquisition, where he will be responsible for assisting in all development area functions including project management, financial analysis, marketing, document review, site inspection and market research.
“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 Jordi’s caliber onboard,” said Underhill. “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.”
Prior to joining Stirling Properties, Mr. Goodman worked as a Development Associate with New Orleans based Green Coast Enterprises and also as a Project Analyst for New Development with Citi Habitats Marketing Group in New York, New York.
Mr. Goodman received his Bachelor of Arts in Economics and International Development from Tulane University’s School of Liberal Arts in New Orleans.
