Stirling Properties is serving as a consultant for Columbia Parc at the Bayou District and we recently completed a report commissioned by the Bayou District Foundation in New Orleans for the development of the retail and commercial component for the master-planned, mixed use community. The report includes an inventory of existing resources and conditions, identification of retail tenants, preliminary design and programming, identification of funding sources, development budgets, construction timelines, and recommendations on a go-forward strategy. We believe that re-development and re-population of former neighborhoods like St. Bernard will be crucial to the continued recovery of the City of New Orleans and we are pleased to be able to contribute to such a worthy project.
Retail and commercial businesses are a vital and essential component of any mixed-use residential development. The area surrounding the new Columbia Parc development has been historically underserved from a retail perspective. Numerous opportunities exist for retailers willing to locate in this emerging and underserved area and our response from national and local prospects alike has been very positive.
Columbia Parc at the Bayou District is a new $440 million mixed-income redevelopment of the former St. Bernard housing project located on St. Bernard Avenue near I-110 in New Orleans, Louisiana. Since groundbreaking in 2008, the Bayou District Foundation, together with Columbia Residential, has created 515 high quality new mixed-income housing units (of a planned 1,325). One of the largest and most successful urban renewal projects in the United States, the Bayou District has earned nationwide acclaim for its forward-thinking development approach and innovation. A part of the Bayou Foundation’s vision is the development of retail and commercial presence on a 6 acre tract fronting St. Bernard Avenue to serve the residents as well as the entire community.
Related Article from New Orleans CityBusiness “Redeveloped St. Bernard Project Tries to Surpass Community It Was Modeled After”