Stirling Properties’ Hammond Square is a Finalist for ICSC’s 2010 U.S. Design & Development Awards
HAMMOND, Louisiana —- (OCTOBER 26, 2010) Hammond Square, Stirling Properties’ power lifestyle center located in Hammond, Louisiana, was selected as a finalist for The International Council of Shopping Centers’ (ICSC) 2010 United States Design and Development Awards. These awards recognize outstanding achievement in design and development of retail properties and retail store design within the U.S. and are given for the following categories: Renovation or Expansion of an Existing Project, Innovative Design and Development of a New Project, and Retail Store Design.
Hammond Square is a finalist for best renovation or expansion of an existing project for retail space over 500,000 sq. ft. and is among seven other finalists from developments in Washington, New Jersey, Connecticut, California, and Pennsylvania. These eight finalists were judged by a jury of leading industry experts who awarded points for improvement of existing space, methods of keeping the project open during construction, new marketing and re-letting/re-merchandising approaches, refinancing techniques, innovative design and construction approaches, and adaptive reuses of the structure.
All entries receive up to a maximum cumulative score of 100 points but only the top 50% are considered finalists. The top performers in each category will be announced at ICSC’s CenterBuild Conference on December 2, 2010 in Phoenix, Arizona where they will receive the prestigious Gold or Silver awards.
“To be a finalist for the 2010 U.S. Design and Development Award is a tremendous honor for Hammond Square and Stirling Properties. It is a testament to the commitment made to Hammond by the owners of Hammond Square and to the development team who worked over three years on this project,” said Grady Brame, Executive Vice President and Partner of Stirling Properties. “The recognition helps put Hammond in the national spotlight and we are optimistic about the opportunities this type of news will bring not only for the current tenants, but for those retailers interested in Hammond Square.”
Additional leasing opportunities are still available at Hammond Square. For more information, contact Beezie Landry at 985-246-3781 or via email at blandry@stirlingprop.com or Rhonda Sharkawy at 504-620-8145 or via email at rsha@stirlingprop.com.
Stirling Properties Sells Two Commercial Development Sites at River Chase
Tuesday, September 14th, 2010
Infrastructure Progress is Underway for Development’s Next Phase
COVINGTON, Louisiana – Since unveiling plans in April for River Chase, a master planned, multi-use development in the heart of Western St. Tammany Parish, Stirling Properties successfully closed two land sales and has begun construction on the next phase of development. In August, two prime outparcels were sold in River Chase. Lakshmi, LLC purchased a 1.795 acre tract to build a 54,000 square foot Candlewood Suites Hotel. This extended-stay hotel chain owned by InterContinental Hotels Group will house a combination of approximately 93 studio and one-bedroom suites. Also purchased was a 1.634 acre tract by Fidelity Homestead Savings Bank. The purchaser intends to build a new 5,500 square foot Fidelity branch location, the second in the Covington area, which will provide a full array of banking services to the community.
The next phase for River Chase began in June and includes work to construct roads and utility infrastructure. Stirling Boulevard currently provides access to the existing retailers by way of Brewster Road. Road work to extend Stirling Boulevard will be completed before Thanksgiving which will create access to an additional 74 acres of developable land and open the development up for future phases of River Chase retail. Mark Salvetti, Director of Project Management for Stirling Properties, explained that telephone and gas distribution along with drainage expansion are among the other additional infrastructure enhancements already in progress. Lighting and traffic signals are also under construction for Stirling Boulevard and Brewster Road along with comprehensive signage and branding upgrades.
“In an environment that has very little positive development activity, Stirling Properties is excited to be able to move forward with this project,” stated Townsend Underhill, Stirling Properties’ Vice President of Development. “River Chase will offer something unique to the community and is a project we are fortunate to be able to provide.”
To view the Site Plan or for more information about the development contact:
Rhonda Sharkawy, Retail Leasing & Development Executive (Retail)
(504) 523-4481
rsha@stirlingprop.com
William Barrois, Sales & Leasing Executive (Outparcel & Hotels)
(985) 898-2022
wbarrois@stirlingprop.com
Lee de la Houssaye, Leasing Sales Associate (Office)
(985) 898-2022
ldel@stirlingprop.com
