Mid-City Market

Stirling Properties Promotes John Woodard to Director of Development and Asset Management

John Woodard, Director of Development and Asset Management

Stirling Properties announces that John Woodard has been promoted to Director of Development and Asset Management.

In his previous role as Development Manager, John led several notable company projects, including the development of the Ochsner Kidney Care facilities in Jefferson, Metairie, Algiers, and Marrero and ongoing single-family build-to-rent projects in Prairieville, Covington, and Jackson, MS. Over the past year, John has also been involved with the asset management of over 1,000,000 square feet of retail, medical, and multifamily properties in Stirling Properties’ portfolio.

In addition to his existing development projects, John will be assuming the role of Asset Manager for many of Stirling’s Southshore properties, including the Pan-American Life Center, Mid-City Market, and Offices at Mid-City. In this new position, he will also continue to be tasked with new business development and government relations specifically focused on the New Orleans market.

“We are incredibly proud of John for his remarkable growth and leadership within our company. He has become an integral part of our team, and we are confident he will only further excel in his new role and help to shape the future of Stirling Properties,” said Townsend Underhill, President of Development with Stirling Properties.

Helping To Grow The Lafitte Greenway!

Stirling Properties’ Charles Barclay Is a Champion for New Orleans’s Newest Green Space

Lafitte Greenway Walking Workshop

Mookie Square

The Lafitte Greenway is a 2.6-mile bicycle and pedestrian trail and green corridor that connects neighborhoods from Armstrong Park to City Park in New Orleans. The $9.1 million project broke ground in early 2014 and opened in November of 2015. The Lafitte Greenway significantly transformed one of the most historic areas of New Orleans into a multi-use transportation corridor and linear park.

The Greenway includes a 12-foot asphalt path for cyclists and pedestrians, new recreation fields, green space, and landscaping improvements including approximately 500 shade trees, native plant meadows, bioswales and stormwater retention features. The path is fully lit with LED energy-efficient trail lighting and includes curb extensions, signalized high visibility crosswalks, ADA-compliant curb ramps at sidewalk corners, environmental remediation, a crushed stone walking path, and a bicycle and pedestrian roundabout. Many new retail, restaurant, and entertainment options are also popping up along the Lafitte Corridor.

The Lafitte Greenway runs alongside Mid-City Market, one of Stirling Properties’ premier developments in the Mid-City neighborhood of New Orleans. The center was designed to incorporate extensive pedestrian features and to complement the adjacent Greenway, melding the retail center to the culturally rich urban neighborhood. Stirling Properties has remained a proud and active supporter of the Greenway ever since!

Charles Barclay, Stirling Properties Asset Manager, is currently a member of the Executive Board of Friends of Lafitte Greenway, whose mission seeks to revitalize the Lafitte Corridor. Friends of Lafitte Greenway has been the driving engine behind the construction of the bicycle and pedestrian trail, stretching from the edge of the French Quarter to Bayou St. John. “I have become a real champion of the Greenway and think it’s an excellent addition to the city, as it is beneficial to everyone that lives, works, and plays in the area,” said Barclay.

Lafitte Greenway Bike Path

Photo by GeorgeLong.com

Now that the bike path is complete, Friends of Lafitte Greenway plans to launch several new initiatives and projects throughout the Greenway that will include art installations, healthy living events, guided tours, community gardens, and much more. The organization and its members are working diligently to build, program, and promote the linear park as a great public space.

According to the UNO Transportation Institute, in 2016, the Greenway’s first full year open, an average of 746 people per day used the Greenway in the Jefferson Davis section alone. While this is an impressive number of visitors, there are still so many in the surrounding areas and neighborhoods who do not know of the Lafitte Greenway. “We invite everyone to come out and explore the Greenway and all the events and activities it has to offer. We have everything from yoga to youth educational programs, not to mention the beautiful green space. You can also get involved through various volunteer opportunities,” said Barclay.

Friends of Lafitte Greenway is hosting a FREE, family-friendly event, Hike The Lafitte Greenway, on Saturday, March 25th from 9:30am-2:00pm. The public is invited to participate in a 3-mile guided hike (complete with live music and block party) to learn more about the Greenway. We hope to see you there!

Mid-City Market 100% Leased!

Mid-City Market New Orleans, Louisiana

Addition of new retail & restaurant tenants

Stirling Properties commercial real estate company welcomes new tenants to Mid-City Market in New Orleans, Louisiana, and is pleased to announce that the center is 100% leased.

ASI Federal Credit Union will occupy the last remaining 2,541 square feet of space. Build-out of the space is underway, and the company plans to open in January of 2017. This will mark the 2nd Mid-City location for ASI Federal Credit Union.

Previously announced Mr. Ed’s Oyster Bar & Fish House successfully opened earlier this week, marking the 4th location for the popular New Orleans restaurant. It occupied the former Pei Wei Asian Diner space.

Stirling Properties Sales & Leasing Executive, Joe Gardner, handled both transactions.Mr. Ed’s Oyster Bar & Fish House

Located on 6.5 acres at the northwest corner of North Carrollton Avenue and Bienville Street in Mid-City New Orleans, Mid-City Market is a 109,000-square-foot urban infill shopping center. Anchored by Winn-Dixie, the center is home to a diverse mix of local and national retailers and restaurants including Office Depot, Jefferson Feed Pet & Garden Center, Panera Bread, Verizon Wireless, Felipe’s Taqueria, Mr. Ed’s Oyster Bar & Fish House, Five Guys Burgers and Fries, Ochsner Health Center, GNC, Pinkberry, Pizza Hut, Shine Spa + Specialties, LA Nails Spa, and Mariposa Salon & Spa. Stirling Properties developed Mid-City Market and currently manages and leases the center.

Stirling Properties broke ground on the development in early 2012 and celebrated a grand opening in July of 2013. Mid-City Market is Stirling Properties’ largest ground-up retail development in New Orleans and represents one the of the most significant retail developments in the city following Hurricane Katrina. Stirling Properties acquired the vacant, blighted site and returned it to commerce after a $40 million investment. Mid-City Market now serves as the retail and restaurant center of the community, delivering new jobs, new tax revenue and new energy to this vibrant corridor. The retail center is credited with creating over 500 new jobs for the area.

Mid-City Market was designed to incorporate extensive pedestrian features, contextual urban and adaptive reuse architecture, and to complement the adjacent Lafitte Greenway pedestrian and bicycle pathway, melding the retail center to the culturally rich urban neighborhood and extensive architectural history.

“Stirling Properties remains committed to the City of New Orleans and surrounding communities. Our mission is to create economically sustainable retail developments that produce long-lasting benefits to the communities in which they are built—and Mid-City Market is a perfect example of that,” said Grady Brame, Executive Vice President for Stirling Properties. “This center provides services to a great number of local residents and visitors, and is a dynamic economic contributor. We are proud of its progress and success.”

Stirling Properties has been at the forefront of commercial real estate management, investment and development in the greater New Orleans area and surrounding Southeast Louisiana region. Stirling Properties has developed more than 3.7 million square feet totaling $465 million since 2010, and currently has more than 114 million square feet of property and land for sale or lease. Other Stirling Properties management and development projects in New Orleans include, Offices at Mid-City Market, Magnolia Marketplace, Fresh Market and Pan American Life Center, just to name a few.

Stirling Properties Announces New Tenants to Offices at Mid-City Market in New Orleans

OfficesMCMphoto

Stirling Properties is pleased to announce new tenants Sola Salon and Billes Partners to the Offices at Mid-City Market in New Orleans, Louisiana.

Billes Partners–a planning, project development, architecture, interior design, and graphic design firm–will occupy roughly 3,000 square feet and plans to open by early-March 2016.

Sola Salon Studios, a 4,295-square-foot franchise hair salon plans to open this summer.

Previously announced Gallo Mechanical, LLC and Orangetheory Fitness are currently open and operating. Exceptional Dental and H-3 Aesthetics & Dermatology are on track to open this spring.

A formal ribbon cutting ceremony is being planned and will be announced in the near future.

Offices at Mid-City Market, is a 54,000 square foot, mixed-use complex in the burgeoning Mid-City neighborhood of New Orleans. Located adjacent to Stirling’s recently completed Mid-City Market development, this building was originally constructed in 1954 and was most recently the home of Loubat Foodservice Equipment Company. Throughout the course of this development, Stirling Properties has maintained the historic integrity of the existing structure while renovating the interior into a combination of office and retail space and consequently brought a prominent neighborhood building back into commerce.

For more information and leasing opportunities for Offices at Mid-City Market, contact Joe Gardner at jgardner@stirlingprop.com or 504-620-8140.

First Tenant Opens at the Offices at Mid-City Market in New Orleans

Additional Tenant Announcements Coming SoonOrangetheory Fitness

Stirling Properties is excited to announce the opening of the first tenant at Offices at Mid-City Market, a 54,000 square foot, mixed-use complex in the burgeoning Mid-City neighborhood of New Orleans.

Orangetheory Fitness, a fitness studio that specializes in hour-long group interval training workouts, has opened their first Louisiana location at Offices at Mid-City Market. Orangetheory is currently open and will celebrate their Grand Opening on December 31st. For more information, visit www.orangetheoryfitness.com/new-orleans.

Joining the previously announced Gallo Mechanical, LLC corporate headquarters and Orangetheory Fitness, are Exceptional Dental and H-3 Aesthetics & Dermatology.

Gallo Mechanical, LLC, a leading mechanical contracting company in the Gulf South, will be the first office tenant to open in the building, occupying 15,448 square feet. Gallo has relocated their corporate headquarters from Metairie to New Orleans.

Exceptional Dental, providing restorative and beautifying dentistry to patients across Louisiana is scheduled to open spring 2016.

H-3 Aesthetics & Dermatology, offering general and cosmetic dermatology services, along with a juice bar, is also scheduled to open spring 2016.

New tenant announcements coming soon!

Located adjacent to Stirling’s recently completed Mid-City Market development, this building was originally constructed in 1954 and was most recently the home of Loubat Foodservice Equipment Company. Throughout the course of this development, Stirling Properties has maintained the historic integrity of the existing structure while renovating the interior into a combination of office and retail space and consequently brought a prominent neighborhood building back into commerce.

For more information and leasing opportunities for Offices at Mid-City Market, contact Joe Gardner at jgardner@stirlingprop.com or 504-620-8140.

Stirling Properties Completes Acquisition and Financing to Develop Offices at Mid-City Market in New Orleans

Offices at Mid-City Market Rendering

Stirling Properties is excited to announce the execution of development financing and construction commencement for the Offices at Mid-City Market, a 54,000 square foot, mixed-use complex in the burgeoning Mid-City neighborhood of New Orleans

The Offices at Mid-City Market will feature approximately 31,000 square feet of prime office space along with 9,000 square feet of retail and restaurant space. The building design will include parking, additional greenspace and water management. Prior to closing the construction loan the building was nearly 50% pre-leased.

Gallo Mechanical, LLC, a leading mechanical contracting company in the Gulf South, will be the first office tenant, encompassing 16,000 square feet. Gallo is relocating their corporate headquarters from Metairie to New Orleans. “We are excited to be moving our headquarters back to New Orleans as we celebrate our 70th anniversary this year!” stated David Gallo, President and CEO. Orangetheory Fitness, a fitness studio that specializes in hour-long group interval training workouts, will open their first Louisiana location at Offices at Mid-City Market comprising of 3,000 square feet.

“We are excited about the ability to continue the enhancement of the quality of life in Mid-City, one of New Orleans’ many unique and exciting neighborhoods,” stated Lewis Stirling, Executive Vice President for Stirling Properties.

Located adjacent to Stirling’s recently completed Mid-City Market development, this building encompassing an entire city block was originally constructed in 1954 and was most recently the home of Loubat Foodservice Equipment Company. Stirling Properties plans to maintain the historic integrity of the existing structure while renovating the interior into a combination of office and retail space and thus bringing a prominent neighborhood building back into commerce.

Fidelity Bank of New Orleans provided financing and Stirling will utilize the same architectural firm that designed Mid-City Market, VergesRome Architects. Ryan Gootee General Contractors will commence construction in April and the first tenants will take occupancy before the end of this year.

Stirling’s recent projects in New Orleans include: Magnolia Marketplace, a 106,000 square-foot shopping center located at the corner of S. Claiborne Avenue and Toledano Street; 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 of New Orleans.

For more information and leasing opportunities, contact Mac Bauer at mbauer@stirlingprop.com or 504-620-8131.

March 30, 2015|Blog, development, Mid-City Market, New Orleans Southshore|
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