Stirling Properties Welcomes Henry Spain To its Team
NEW ORLEANS, Louisiana —- (February 7, 2012) Stirling Properties announces the addition of Henry Spain to the company’s Commercial Brokerage Division where he will join the team of sales professionals located at 615 Baronne Street, Suite 100, in New Orleans as a Sales and Leasing Executive.
Prior to joining Stirling Properties, Mr. Spain was a Financial Consultant with Peachtree Capital Corporation in Atlanta, GA where he also served as one of the company’s compliance officers. (more…)
New Orleans Most Improved City for Business in Wall Street Journal
Yet another testament to what is happening in the Greater New Orleans region in such a short period of time. Once rated dead last by this same ranking, New Orleans jumped an incredible 44 spots to become the most improved city in the nation. Wow! Click here to read the full article.
New Orleans’ Growing Medical Corridor
The growing medical corridor in New Orleans is officially known as BioDistrict New Orleans, a state-enabled economic development district that was created by the State of Louisiana in 2005 for the purpose of developing a biosciences industry in New Orleans that will provide research and development, healthcare delivery, and stable, high-paying jobs. The 1,500-acre district spans the Downtown and Mid-City neighborhoods of New Orleans. The economic impact is estimated to be 22,000 new jobs in the city of New Orleans over the next eight to ten years, not only in biosciences, but also in banking, law, construction and other service industries that stand to benefit. The area’s major developments include:
- Veterans Affairs Medical Center (Project Legacy)
- Status: Under Construction
- Groundbreaking/Completion: June 2011/Late 2014, full activation 2015
- Site: 30 acres bounded by Tulane Avenue and Canal, S. Galvez & S. Rocheblave Streets
- Size: 1.6 million square feet with 2 additional 1,000-car garages; 200-bed complex will serve over 70,000 enrolled Veterans
- Cost: $995 million construction budget (fully funded)
- Jobs: 1,100 new employees
- University Medical Center
- Status: Site preparation work, construction to begin by year end
- Groundbreaking/Completion: April 2011/2015
- Site: 34 acres bounded by Canal & S. Galvez Streets and Tuland & South Claiborne Avenues
- Size: 2.2 million square feet, 424-bed public hospital to replace Charity Hospital
- Cost: $1.09 billion; state lawmakers approved funding September 2011
- Jobs: 5,280 new and saved jobs over first five years
- Part of collaborative complex with the new VA Medical Center (see above)
- Both will be key academic anchors for LSU, Tulane, Dillard, Xavier, SUNO, Delgado, and others throughout South Louisiana
- Louisiana Cancer Research Center
- Status: Under Construction
- Groundbreaking/Completion: April 2009/January 2012
- Site: Tulane & South Claiborne Avenues
- Size: Shared 175,000 square-foot, 10-story facility
- Cost: $90 million
- Developed by the Louisiana Cancer Research Consortium, a partnership among LSU Health Sciences Center, Tulane Univerity, Xavier University of Louisiana, and Ochsner Health System
- New Orleans BioInnovation Center
- Status: Open & Operating
- Completed: June 2011
- Site: 1441 Canal Street
- Size: 66,000 square feet of state-of-the-art wet-lab, office and conference space
- Cost: $47 million
- To house biotech and life sciences entrepreneurs and startups, as well as support research at four area universities; housing about 200 employees from 80 companies at full capacity
- Critical link that turns university research into privately commercializable enterprises
- Five biotech start-ups and two venture captial firms have already moved into the building, and twelve more are on the way
- Ochsner Health System
- Relocating 500 to 750 employees to the CBD during the 1st Quarter 2012
- Moving executive, corporate and business functions (no medical care)
- 80,000 square feet on top 4 floors of the Benson Tower (enough room to grow to 1,000 employees)
- Signifies Ochsner’s growing presence in the local economy and New Orleans’ medical hub
For exciting leasing opportunities in the heart of this growing medical corridor, office spaces are available at the 1615 Poydras Street office building located directly across from the Superdome. Available spaces range from approximately 1,500 to 45,130 contiguous square feet. For more information contact Gaines Seaman at (504) 620-8187 or gseaman@stirlingprop.com.
Stirling Properties Announces The Fresh Market is Coming to New Orleans
The specialty grocery retailer to occupy Borders old location on St. Charles Avenue
NEW ORLEANS, Louisiana —- (SEPTEMBER 21, 2011) Stirling Properties is pleased to announce that The Fresh Market is coming to New Orleans. The retailer will lease the 24,000 square foot, 2-story, building on 3338 St. Charles Avenue which was previously occupied by Borders. This location will be The Fresh Market’s fourth in Louisiana with stores already in Baton Rouge, Lafayette and Mandeville. (more…)
Stirling CEO Comments on “Gameloft to open major development studio in New Orleans”
Yesterday’s announcement of Gameloft’s decision to expand to New Orleans is a significant milestone for our city- not necessarily because of the number of jobs but for what it represents.
The announcement culminates over a yearlong effort by LED (Louisiana Economic Development) and GNO, Inc (Greater New Orleans, Inc. Regional Economic Alliance) to lure this company whom they had targeted.
When Gameloft first started looking, New Orleans didn’t even hit the radar screen, but in the end, we beat out cities such as Austin and Seattle to become only the second US based location for this French company and also the only one in Louisiana that will actually be developing video games here.
I believe that this is only the tip of the iceberg.
Click here to read the news release by LED.
Martin A. Mayer
President & CEO
Stirling Properties’ Lewis Stirling Appointed Director of Hancock Bank’s Wealth Management Committee
COVINGTON, Louisiana —- (FEBRUARY 1, 2011) Lewis Stirling, Vice President and Partner for Stirling Properties, will serve as Director of Hancock Bank’s 2011 Wealth Management Committee alongside directors from other states.
As part of the Wealth Management Committee, Mr. Stirling will be responsible for reviewing the results of the previous quarter for Hancock Bank’s trust, investment, and insurance activities, including a recap of monthly Trust Administrative Committee (TAC) meetings.
Founded in 1899, Hancock Bank currently operates more than 180 banking and financial services offices and more than 160 ATMs in Mississippi, Louisiana, Alabama, and Florida. Hancock Holding Company (NASDAQ: HBHC), the parent company of Hancock Bank, is headquartered in Gulfport, Mississippi.
