Walgreens on Magazine – Update 9/21/12
The Front Elevation of the Magazine Street Walgreens is now taking shape with the installation of the Structural Steel Framing and Heavy Gauge Metal Stud Work. The front sidewalk (not seen) will also be completely replaced with new concrete and brick paver accents to create a beautiful new entry point for the store. The inside of the store is buzzing with Construction Activities this week with Electrical, Mechanical, Roofing, Metal Stud Framing, Concrete and Masonry work everywhere. We are making great progress, stay tuned for more.
Walgreens on Magazine – Update 8/20/12
One of the main iconic symbols of the former American Legion Hall will be relocated within the new Walgreens retail floor area as a tribute to the former Service Men and Women who built and maintained this Post. Originally our plans were to try to recreate the image in another location of the store, but after some serious “napkin engineering” our Contractor [Shamrock Construction] devised a plan to excavate, underpin and relocate the symbol thereby saving the original Terrazzo Artwork. The new store will have all new finishes throughout, as well as a wall of dedication to the former American Legion Hall that will consist of images of photos and memorabilia of the once busy Hall. Shown in the image are team Shamrock craftsmen and supervisors in the initial stage of removal…..stay tuned for more.
Eye on the Market Highlights – June 2012
Stirling Properties’ Eye on the Market research alert is emailed monthly to our mailing list and features all the latest news and market reports about the Gulf South. We scan local and regional news outlets, as well as economic development groups, university research centers, and more, so that we can compile all the relevant rankings, news, economic development announcements, reports and more in one convenient place. Some highlights from our June 2012 Eye on the Market include:
Louisiana up 14 spots in 2012 Best States for Business – Chief Executive
Louisiana in Top 10 for State Economic Momentum– NOLA.com
Louisiana earns ‘A’ for small-business friendliness – Kauffman Foundation
Lafayette #1 among “Best Mid-Size Cities for a Job”– Forbes
A Tech Buildup on the Bayou – The Wall Street Journal
New Orleans is Beginning to Attract National Retailers– NOLA.com
‘Tide Has Turned’ for South La. Commercial Market – Business Report
Join Our Mailing List to receive future Eye on The Market alerts:
Eye on the Market Highlights – April 2012
Stirling Properties’ Eye on the Market research alert is emailed monthly to our mailing list and features all the latest news and market reports about the Gulf South. We scan local and regional news outlets, as well as economic development groups, university research centers, and more, so that we can compile all the relevant rankings, news, economic development announcements, reports and more in one convenient place. Some highlights from our April 2012 Eye on the Market include:
- 50 Fastest Growing U.S. Metros: New Orleans & Gulfport-Biloxi
SunHerald - Baton Rouge among “Top 25 Hardest Working Towns in America”
Parade - How Louisiana is Luring Startups
Time - La. Nonfarm Employment Sets All-Time Record
La. Workforce Commission - SE Tylose Announces Major Investment in Plaquemine
$120 million investment, 30 new direct jobs - Oceaneering Announces Expansion in Morgan City
$5 million capital investment, 200 new direct & 1,700 retained jobs
Join Our Mailing List to receive future Eye on The Market alerts:
Photos from Mid-City Market Groundbreaking in New Orleans
Earlier this week, Stirling Properties commemorated the groundbreaking of Mid-City Market, the highly anticipated urban shopping center development located along the North Carrollton Avenue commercial corridor in New Orleans, Louisiana.
To commemorate the groundbreaking event Mayor Mitch Landrieu, Councilwoman Susan Guidry and Regional VP of Winn-Dixie, Joey Medina, along with Stirling Properties’ Marty Mayer, President and CEO, Lewis Stirling, Townsend Underhill, tenant representatives from the development and the Mid-City Market design and construction team of VergesRome Architects, Duplantis Design Group and Donahue Favret Contractors Inc. were in attendance.
Tenants with executed leases in the development include Office Depot, Neighborhood Pet Market by Jefferson Feed, Felipe’s Taqueria, Pinkberry Frozen Yogurt, Five Guys Burgers and Fries, and Pei Wei Asian Diner. Mid-City Market is 80% pre-leased with other tenant announcements forthcoming. Additional lease space is also available. For more information contact Chris Abadie, Vice President and Manager of Stirling Properties’ Commercial Brokerage Division, at (985) 246-3721 orcabadie@stirlingprop.com.
For more information about the development of Mid-City Market, contact Townsend Underhill at (985) 246-3785 or tunderhill@stirlingprop.com.
Mid-City Market Groundbreaking Signifies Stirling Properties Milestone
Pictured (L-R): Grady Brame of Stirling Properties, Tommy Buckel of Duplantis Design Group, Chip Verges of VergesRome Architects, Joey Medina of Winn-Dixie, Chip Songy of Stirling Properties, Lewis Stirling of Stirling Properties, New Orleans Mayor Mitch Landrieu, District A Councilwoman Susan Guidry, Marty Mayer of Stirling Properties, Aimee Quirk - City of New Orleans Mayor’s Office, Townsend Underhill of Stirling Properties, and Jack Donahue of Donahue Favret
NEW ORLEANS, Louisiana —- (MARCH 20, 2012) Earlier today Stirling Properties commemorated the groundbreaking of Mid-City Market, the highly anticipated urban shopping center development located along the North Carrollton Avenue commercial corridor in New Orleans, Louisiana. Opening in early 2013, Mid-City Market will complement the proposed Lafitte Greenway pedestrian and bicycle pathway that will border the shopping center.
The 107,713 square foot, Winn-Dixie anchored shopping center represents Stirling Properties continued investment in the New Orleans market and one of the most significant retail developments in the city since hurricane Katrina.
The Honorable Mayor Mitch Landrieu commented that, “Mid-City Market is critical for the continued revitalization of this important corridor. Though they were once blighted and vacant properties, this project will bring properties back into commerce and will interact nicely with Lafitte Greenway, which itself will spur activity and redevelopment across the city. Mid-City Market will bring hundreds of new jobs, new sales and property tax dollars and improved quality of life for Orleans Parish residents.”
“This project embodies the strength of the New Orleans recovery and represents yet another important step in bringing retail back to the city,” stated Lewis Stirling, Executive Vice President of Stirling Properties. “We are pleased to be moving forward with the Mid-City Market project which represents yet another significant milestone in our Company’s history.”
Stirling Properties has a 37 year history of real estate development, management and commercial brokerage throughout the Gulf South. In the past few years investment in the city of New Orleans has become a focus in Stirling Properties development strategy. Since Katrina, the redevelopment of Bultman Funeral Home into Borders Bookstore and later Fresh Market Grocery, the acquisition of the Pan American Life Building, and the company’s current redevelopment of the American Legion Hall on Magazine Street into an upscale Walgreens Drugstore all exemplify Stirling Properties renewed commitment to the City of New Orleans.
Stirling Properties’ Townsend Underhill, Vice President of Development says that, Stirling Properties will continue to work on a number of other potential projects in the city of New Orleans and hopes Mid-City Market will be the springboard to furthering the recovery in New Orleans.
To commemorate the groundbreaking event Mayor Mitch Landrieu, Councilwoman Susan Guidry and Regional VP of Winn-Dixie, Joey Medina, along with Stirling Properties’ Marty Mayer, President and CEO, Lewis Stirling, Townsend Underhill, tenant representatives from the development and the Mid-City Market design and construction team of VergesRome Architects, Duplantis Design Group and Donahue Favret Contractors Inc. were in attendance.
Tenants with executed leases in the development include Office Depot, Neighborhood Pet Market by Jefferson Feed, Felipe’s Taqueria, Pinkberry Frozen Yogurt, Five Guys Burgers and Fries, and Pei Wei Asian Diner. Mid-City Market is 80% pre-leased with other tenant announcements forthcoming. Additional lease space is also available. For more information contact Chris Abadie, Vice President and Manager of Stirling Properties’ Commercial Brokerage Division, at (985) 246-3721 or cabadie@stirlingprop.com.
For more information about the development of Mid-City Market, contact Townsend Underhill at (985) 246-3785 or tunderhill@stirlingprop.com.
