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.