Ochsner LSU Health Shreveport Announces Plans for Former Christus Schumpert Hospital Site
Stirling Properties to handle project management, leasing and property management of the project.
Ochsner LSU Health Shreveport recently announced a major renovation and opening of a new healthcare facility at Margaret Place Properties located at 1 Saint Mary Place in Shreveport, Louisiana. The 860,000-square-foot property is the former Christus Schumpert Hospital site that mostly shuttered in September of 2013. It includes the hospital, several medical office buildings and a parking garage.
Stirling Properties is working in partnership with a joint venture between Ochsner and LSU Health Shreveport to manage the rehab construction, assist with leasing of the medical space and handle daily management of the property. In this role, Stirling Properties is responsible for plant operations and maintenance, space planning, working to identify best uses and future resources for the campus and will serve as the on-site property management and leasing office.
Ambulatory Surgery Center Rendering by WHLC Architects
The new healthcare campus will offer state-of-the-art patient care through multiple clinics, operating rooms, and laboratory and diagnostic imaging services (follow the link for more details on anticipated services). It will open in phases throughout 2019, with the first clinic scheduled to open in May.
Plans for further expansion by Ochsner LSU Health Shreveport in the Margaret Place campus are underway with additional project announcements forthcoming.
“Stirling Properties is proud to be a part of this significant project with Ochsner LSU Health Shreveport, and to help put this building back into commerce to serve the Shreveport-Bossier community,” said Townsend Underhill, President of Development with Stirling Properties. “The demand for healthcare real estate services is strong in the Gulf South market as local healthcare providers focus on improved customer experience and more efficient operations. We anticipate this trend to continue and we are working closely with our clients to provide strategic real estate services.”
Stirling Properties is thankful for its continued partnerships with Ochsner. The two companies have previously worked together on the recently constructed $100+ million Ochsner Medical Complex – High Grove development in Baton Rouge, an Ochsner rehabilitation hospital on Ochsner’s Main Campus West in Jefferson, the state-of-the-art Emergency Department and Imaging Center in LaPlace, Louisiana, as well as working to put the former Louisiana Heart Hospital in Lacombe back into commerce.
For leasing information on Ochsner LSU Health Shreveport, contact Krystal Atkins with Stirling Properties at katkins@stirlingprop.com or (318) 401-7865.
Demolition Underway at Hammond Square
Making way for exciting new developments for the retail center.
(Image: Proposed rendering of redeveloped Sears space at Hammond Square)
Stirling Properties commercial real estate company announced that demolition is underway at Hammond Square shopping center in Hammond, Louisiana, to make way for an estimated $15 million redevelopment project, and the addition of 4-5 new tenants and restaurants.
The recent store closures of Sears and Rite Aid at Hammond Square presented an opportunity to refresh the development and replace these stores with roughly 90,000 square feet of new retail and restaurant space, which will be complementary to the existing tenant mix and attractive to customers. Both buildings will be demolished and the newly constructed buildings will be reconfigured to face either I-12 or Hwy. 51.
Demolition work commenced in early March and construction on the new space will begin immediately after. The redevelopment is expected to be complete in early 2020. Stirling Properties’ leasing team is currently in conversations with several regional and national retail tenants and restaurants that are interested in the redevelopment.
Also new to Hammond Square, Old Navy is still on track to open this spring. Buildout and expansion of the store are currently underway, and the company has begun hiring employment. Old Navy will occupy 12,500 square feet of space on Palace Drive between Zales and Shoe Dept. Encore.
(Image: Progress on Old Navy store coming soon to Hammond Square)
“Stirling Properties is thrilled about the positive growth of Hammond Square. With the recent closures of Sears and Rite Aid, we are looking forward to this redevelopment and welcoming new tenants and restaurants to the center. We are in negotiations with several high-quality, well-known retailers that will make a great addition to the Hammond market. We hope to make those public announcements very soon,” said Grady Brame, Executive Vice President with Stirling Properties.
Hammond Square is Tangipahoa Parish’s premier shopping destination, located on approximately 100 acres at the northwest corner of Interstate 12 and US Highway 51 Business (SW Railroad Avenue) in Hammond, Louisiana. It is the 2nd largest open-air center in Louisiana encompassing over 902,000-square-feet of more than 40 national and local retailers, shops and restaurants, including Dillard’s, Target, The Home Depot, JCPenney, Academy Sports+Outdoors and AMC Theatres. Stirling Properties redeveloped Hammond Square and currently manages and leases the center.
For more information on Hammond Square, visit www.hammondsquare.com or facebook.com/hammondsquare. For leasing and sales information, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com.
Exciting Residential Improvements Coming to River Chase & Fremaux Town Center Multifamily Properties
Stirling Properties announces exciting new residential improvements planned for the Retreat at River Chase in Covington and Retreat at Fremaux Town Center in Slidell’s multifamily apartment communities. The $1 million upgrades will be spread across both properties with an emphasis on enhanced residential amenities and revitalized common spaces.
Retreat at River Chase in Covington, Louisiana
Construction work has begun on the installation of state-of-the-art seafood and grill stations. Large pavilions will be erected and equipped with grills, seafood boil space, and granite counter tops with built-in waste receptacles for discarded seafood shells. The space will also include lounge areas with fire pits and yard games. The pool area will be upgraded to include a more resort-style setting with furniture, landscaping and pull-down projection screens to watch sporting events. All amenities will be accessible for residents of the properties on a first come, first served basis.
Additionally, parcel pending lockers, also known as “smart” lockers, will be installed in central areas of the facilities to collect delivered packages and e-commerce orders for residents. A property manager will receive all deliveries, assign the packages to an individual lockbox that alerts tenants of the delivery and provides a digital access code for easy, convenient retrieval. The lockers are designed to eliminate clutter due to the overwhelming amount of daily delivered packages to residential properties and to provide an extra layer of security for parcels otherwise left unattended on doorsteps.
Work has already commenced on the projects, and anticipated completion is planned for the end of March.
Retreat at Fremaux Town Center in Slidell, Louisiana
Justin Landry, Vice President of Finance for Stirling Properties, noted that the demand for high-quality apartment properties continues to be strong, especially in high population growth areas such as St. Tammany Parish and the Northshore region of New Orleans. However, demographic shifts and technological advancements are affecting housing, and tenant expectations are becoming increasingly sophisticated in the multifamily residential market sector—they want luxury living, ample amenities, open and active public spaces, all at affordable prices.
“The Retreat at River Chase and Retreat at Fremaux Town Center are both strategically located in mixed-use developments that encompass the prevalent live, work, play environment that has grown in popularity, especially among the large millennial demographics,” said Landry. “These new residential amenities will enhance the community connectivity of our existing properties and make them much more attractive in the market as new multifamily options come online every day.”
The Retreat at River Chase (formerly Springs at River Chase) is a 296-unit luxury apartment community located within the 253-acre River Chase mixed-use development at Interstate 12 and LA Hwy. 21 in Covington, Louisiana. The Retreat at Fremaux Town Center (formerly Springs at Fremaux Town Center) is also a 296-unit multifamily community located within the Fremaux Town Center mixed-use project at Interstate 10 and Fremaux Avenue in Slidell, Louisiana. Stirling Properties’ residential portfolio includes 1800 multifamily units totaling more than 1.5 million square feet of properties throughout South Louisiana.
Stirling Properties Awarded Management Contract of Schillinger Place
Renovations & exterior updates planned for the retail center.
Stirling Properties commercial real estate company has been awarded the management contract for Schillinger Place shopping center located at 2502 South Schillinger Road in Mobile, Alabama.
Stirling Properties previously handled the leasing for the center and will now assume daily operations and management responsibilities of the property. Angie McArthur, Broker Associate with Stirling Properties, is the leasing agent assigned to the project.
Schillinger Place is a roughly 69,000-square-foot neighborhood retail center located at the southwest corner of Schillinger Road and Cottage Hill Road. It is 70% leased. Tenants include Club 4 Fitness (coming soon), Pizza Hut, Mediterranean Sandwich Co., Port City MMA, New China One, Mediacom, Down South Native, Zeal Boutique, Vape-It, West Mobile Liquors, Brian Casey State Farm and Nail Express.
Planned landlord updates to the shopping center include renovated exterior façade offering a distinct and eye-catching entry, upgraded lighting, and parking lot sealing and striping. The former Winn-Dixie space is being sub-divided into two retail areas. Club 4 Fitness will occupy 30,000 square feet and plans to open in the spring; the remaining 22,181 square feet is available for lease.
Stirling Properties is located at One St. Louis Centre, 1 St. Louis Street, Suite 4100 in Mobile, Alabama, and 220 West Garden St., Suite 802 in Pensacola, Florida. The company manages more than 20 million square feet of commercial property across the Gulf South region, including office, retail, industrial, medical, multifamily and mixed-use real estate assets.
For leasing information, contact Angie McArthur at amcarthur@stirlingprop.com or (251) 375-2481.
For asset & property management information, please contact Robin Hayles at rhayles@stirlingprop.com or (251) 342-7229.
Stirling Properties To Renovate Seville Plaza in Hammond, Louisiana
Stirling Properties announces the $1 million-plus exterior renovation project of Seville Plaza, a 187,000-square-foot Albertsons-anchored retail center located at 1905 West Thomas Street in Hammond, Louisiana.
Construction has commenced on the property. Plans for the project include extensive façade renovations and overall exterior improvements for the retail buildings. In addition, both of the large pylon signs will be upgraded for enhanced visibility.
The renovation of the shopping center is planned to be completed by the end of the second quarter of 2019. Stirling Properties is working diligently to minimize disruptions for the existing retail tenants and their customers during this period.
Seville Plaza was initially built in 1983 as a Walmart and Albertsons-anchored shopping center. Upon Walmart’s relocation, the space was subdivided into a multi-tenant retail building including Aaron’s, BigLots, and Planet Fitness. The center is currently 87% leased. Other tenants are Adobe Cantina & Salsa, The Old School, Hair Senses, GNC and The UPS Store.
Aaron’s has recently agreed to a lease extension of its space that will also include interior renovations of the store, and Adobe Cantina & Salsa is working on plans for a full facelift of the restaurant that will be forthcoming. Last year, Stirling Properties demolished the 45,000-square-foot former Piccadilly building on the property and is currently marketing that parcel for sale or lease to likely include a future restaurant.
Stirling Properties manages and leases the property. It is owned by Seville Plaza LLC.
“Seville Plaza has become a community staple in the heart of Hammond’s retail corridor—and we are excited to begin this renovation project. The center will still offer the same great mix of tenants, but these improvements to the overall aesthetics of the property will make it more modern and better positioned to serve the surrounding community for many more years to come,” said Grady Brame, Executive Vice President of Stirling Properties.
Stirling Properties manages more than 20.3 million square feet of property across the Gulf South region, including retail, office, industrial, medical, residential, and mixed-uses. Other notable Stirling Properties projects in the area include Hammond Square, Hammond Square Self Storage, and Palace Centre East.
For leasing information, contact Rhonda Sharkawy at rsharkawy@stirlingprop.com or (504) 620-8145.
Stirling Properties Announces New Tenants for Cornerview Plaza in Gonzales, LA
Redevelopment of former Kmart into multi-tenant retail center.
Stirling Properties commercial real estate company announces and welcomes new tenants to Cornerview Plaza retail center located at the corner of Airline Highway and Cornerview Street in Gonzales, Louisiana.
Marshalls, ULTA Beauty, Ross Dress for Less, Five Below and Aspen Dental will join the tenant lineup at Cornerview Plaza. The new retailers join AT&T, and anchor-tenant Rouse’s Market.
Ryan Pécot, Senior Retail Leasing & Development Executive with Stirling Properties, worked on behalf of the landlord in securing the tenants for the center.
Marshalls, ULTA Beauty, Ross Dress for Less and Five Below will backfill the 40-year-old, 86,000-square-foot former Kmart space into a fully renovated, upscale retail center. A 3,500-square-foot outparcel building is also being constructed on the property for Aspen Dental. Stirling Properties serves as the Asset Manager and exclusive leasing agent of the property, and is overseeing the redevelopment project. The company will also continue daily property management operations following completion.
Construction on the site has commenced. Upon completion of the redevelopment project, Cornerview Plaza will include nearly 124,000 square feet of total retail space.
“Stirling Properties is pleased to be a part of the redevelopment of Cornerview Plaza and to officially welcome these highly anticipated tenants to the Gonzales market,” said Grady Brame, Executive Vice President with Stirling Properties. “We are excited to work with the property owner to move this project forward and reestablish Cornerview as a major shopping destination for the surrounding Ascension community.”
“Cornerview Plaza is ideally situated in the heart of Gonzales’s primary retail corridor, drawing shoppers from numerous surrounding communities. This center offers great visibility and foot traffic for tenants—which helped us to secure these national retailers. Ross, Marshalls, ULTA and Five Below all have locations in nearby Baton Rouge, proving that this is a thriving multi-store region that can support high retail demand,” said Pécot.
For leasing information, contact Ryan Pécot at 337.572.0246 / rpecot@stirlingprop.com.
