Demolition Underway at Hammond Square
Making way for exciting new developments for the retail center.
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.
“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.
Spring On Over To Hammond Square!
Spring is in the air—come celebrate at Hammond Square. Join us for the Spring at the Square celebration at Hammond Square on Saturday, March 30th from 12:00-2:00pm. The festivities will take place near the Dillard’s entrance located next to Maurices. This FREE event is open to the public and fun for the whole family!
Come out and meet the Easter Bunny. Guests will also enjoy pony rides, a petting zoo, face painting, art station, balloon and caricature artists, and a live radio remote with great prizes from Kajun 107.1.
Hammond Square is a proud sponsor of The Daily Star’s Easter Coloring Contest for children ages 7-10 years old. Complete your coloring sheet and bring in to The Daily Star by Friday, April 12th at 3:00pm to be eligible to win a great prize pack from Hammond Square.
We hope to see you at Spring at the Square. Be sure to check out all the great retail stores and restaurants at Hammond Square for your Easter and spring supplies.
Visit HammondSquare.com or “like” us on facebook.com/hammondsquare for a complete list of retailers and events.
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.
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.
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 Welcomes Walk-On’s Bistreaux & Bar to Fremaux Town Center in Slidell
Stirling Properties and CBL Properties are pleased to announce that Walk-On’s Bistreaux & Bar is coming to Fremaux Town Center mixed-use development in Slidell, Louisiana. This marks the 2nd Northshore location for the award-winning, family-friendly restaurant and bar.
DBMC Restaurants, dba Walk-On’s Bistreaux & Bar, recently closed on the purchase of 1.5 acres of property located at the corner of Fremaux Avenue and Town Center Parkway, near the entrance to the retail center. Construction on the site began last month. The restaurant will occupy approximately 8,000 square feet of space and is expected to open in June of 2019. DBMC Restaurants is a veteran restaurant group that currently operates three restaurant brands across six states. It is one of the largest franchisees of Walk-On’s with growth plans to add four more restaurant locations this year.
“Although we have a broad reach across the South, we strive to keep a small company culture—and being based out of Baton Rouge, we are very excited to open this Walk-On’s in our backyard,” said Jason Gisclair, President of DBMC Restaurants. “Walk-On’s Bistreaux & Bar is a great brand with Louisiana roots and a Louisiana inspired menu, making it a perfect fit for the Slidell area. We look forward to becoming part of Fremaux Town Center and the local community.”
Stirling Properties’ Senior Sales & Leasing Executive, Ryan Pecot, represented the property owners in the sale. Tommy Vervaeke of Carlton & Associates Real Estate worked with Walk-On’s to secure the location.
The popular sports-themed restaurant started by two LSU students in Baton Rouge has thrived over the years and expanded into multiple locations with another 100 locations in the works across 15 states. Currently, there are 17 Walk-On’s franchises operating in Louisiana. This marks the 2nd location for the Northshore area, with the first opening at Stirling Properties’ River Chase development in Covington.
“Stirling Properties is excited to welcome Walk-On’s Bistreaux & Bar to Fremaux Town Center and the Slidell community,” said Townsend Underhill, President of Development with Stirling Properties. “We have worked with this operator in the past, and we know what a great group of community-oriented people they are. Walk On’s will be a great addition to our Fremaux Town Center development and will further enhance the dynamic restaurant and retail assortment for our area.”
Fremaux Town Center, anchored by Dillard’s, Dick’s Sporting Goods, Kohl’s, and Best Buy, is part of the roughly 350-acre regional mixed-use development located at the southwest corner of Interstate 10 and Fremaux Avenue in Slidell, Louisiana. The retail center includes more than 640,000 square feet of shopping and restaurant options, and is jointly owned and operated by CBL and Stirling Properties. The adjoining Fremaux Park includes Retreat at Fremaux Town Center luxury residential apartment units, Springhill Suites by Marriott (soon under construction), Saltgrass Steak House (coming soon), and the recently announced Dana Inc. Service & Assembly Center. Additional phases are coming soon with added residential, retail, industrial and office park.
For leasing information, contact Ryan Pécot at 337.572.0246 / rpecot@stirlingprop.com or Michael Oswald at 423.490.8272 / mike.oswald@cblproperties.com.
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