Stirling & Level Homes Developing Arabella at Dutchtown Townhomes in Ascension Parish
Through a joint venture with Level Homes, Stirling announces the development of Arabella at Dutchtown Townhomes in Geismar, Louisiana. This project marks Stirling’s continued strategy of, build-to-rent development.
Stirling and Level Homes recently closed on the acquisition of 7.51 acres of property and plan to develop 48 units along with a leasing office and clubhouse. The new development will consist of 3-bedroom, 2.5-bathroom high-quality, single-family townhomes expressly built for the rental market. The Architectural Studio leads the project design team, and the builder is Level Homes. Construction will begin on the first townhomes later this month, and the development is expected to be complete by the end of 2024.
Through the joint venture, Stirling will be responsible for development, horizontal land improvements, and amenities, in addition to asset management and accounting oversight of the project. Level Homes will be responsible for all vertical building improvements. BH Management will handle daily onsite management and leasing.
“The population of Ascension Parish has grown significantly over the past ten years and is projected to continue, and we believe this is an ideal product type for this market on a site that is extremely well located within the market,” said Townsend Underhill, President of Development with Stirling. “Stirling is excited to continue its commitment to deliver high quality Build to Rent communities. “
“Level Homes is excited to be a part of the Arabella development adjacent to our Belle Savanne, for-sale community. Our company has an extensive track record of developing high-quality, master-planned communities throughout Southeast Louisiana. We look forward to creating value-driven homes and a unique residential experience for the Prairieville area,” said Todd Waguespack, Managing Partner with Level Homes.
This product type is one of the fastest-growing sectors of the U.S. housing market as build-to-rent properties continue to be attractive to seniors, singles, and families alike—as it offers renters the conveniences of homeownership without the financial and maintenance burdens that come with it.
For more information on Stirling’s development services, contact John Woodard, Director of Development and Asset Management, at jwoodard@stirlingprop.com or (504) 523-4481.
Stirling Properties Announces New Tenants at Hammond Square
Stirling Properties announces the arrival of Buff City Soap, Crumbl Cookies, and Marble Slab Creamery at Hammond Square shopping center.
Buff City Soap specializes in plant-based soaps, handmade daily in each shop’s “Soap Makery”. They produce customizable bath bombs, laundry soaps, shaving bars, beard oils, body butters, handsoaps, and more. Buff City Soap was founded in 2013 and now has more than 200 stores across 31 states. Buff City Soap is planning to open in the 4th Quarter of 2022 at Hammond Square.
Crumbl Cookies got its start in Utah in 2017 and has expanded to over 600 locations nationwide, making it the fastest-growing cookie company in the nation. A rotating menu of flavors are announced every week with their award-winning milk chocolate chip cookie always available. Crumbl Cookies will open its doors at Hammond Square 1st Quarter of 2023.
Founded in Houston, Texas in 1983, Marble Slab Creamery was the first ice cream treatery to use a frozen granite slab to blend mix-in toppings into its ice cream. Stores use locally-sourced cream and freshly-baked waffle cones to create a one-of-a-kind frozen dessert on demand. There are more than 1,100 stores worldwide with most locations concentrated in the southeastern US. The Marble Slab Creamery has recently signed a lease at Hammond Square but has not yet announced an opening date.
“Stirling Properties is excited to welcome these first-class retailers to Hammond Square. They are both new to the Hammond market, and we are confident they will be extremely well-received by the surrounding Tangipahoa community. They complement our existing tenant mix perfectly—even further positioning Hammond Square as a leading shopping destination in the region. In addition, our leasing team is still working to secure additional retailers and restaurant options that we hope to be able to announce very soon,” said Grady Brame, Executive Vice President with Stirling Properties.
Rhonda Sharkawy, Senior Retail Leasing & Development Advisor with Stirling Properties, handled the lease transactions on behalf of the landlord.
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.
Four New Tenants Coming to Stirling Bossier Shopping Center in Bossier, Louisiana
Stirling Properties announces four new retailers are joining the tenant lineup at Stirling Bossier Shopping Center in Bossier City, Louisiana.
- Krush Boutique, a women’s clothing store, has expanded and relocated within the center into 4,000 square feet of space next to Belk. It opened in its new location earlier this month. Krush Boutique operates two additional retail locations in Shreveport, Louisiana, and Longview, Texas.
- We Olive & Wine Bar, a national concept offering artisan olive oils, balsamic vinegars, tapenades, and local wines, will occupy 1,600 square feet of retail space next to Baskin Robbins. It is scheduled to open in the second quarter of 2022.
- Buckle, national on-trend apparel, footwear, and accessories provider, is leasing 8,000 square feet of retail space next to Belk and is expected to open in early June.
- Bath & Body Works, the #1 Specialty Home Fragrance & Fragrant Body Care company in America, will fill 4,000 square feet of space between Ross Dress For Less and Belk. It is expected to open in the late summer of 2022.
Rhonda Sharkawy, Senior Retail Leasing and Development Advisor with Stirling Properties, represented the landlord in the lease transactions.
Stirling Bossier Shopping Center, located at the northeast corner of Interstate 220 and Airline Drive in Bossier City, Louisiana, is a 682,200-square-foot hybrid retail center that offers a great variety of national tenants and dining options. Anchor tenants include Sam’s Club, Target, Academy Sports + Outdoors, Ross Dress For Less, Best Buy, Bed Bath & Beyond, PetSmart, Michaels, Old Navy, ULTA Beauty, and many more. Stirling Properties developed Stirling Bossier and currently handles leasing and property management of the shopping center.
For leasing information, contact Rhonda Sharkawy at (504) 620-8145 / rsharkawy@stirlingprop.com.
All-new Community Honda coming to Lafayette, Louisiana
Stirling Properties brokered sale of 10-acres for new facility.
Community Honda recently announced plans for an all-new state-of-the-art facility in Lafayette, Louisiana.
The 10-acre future home of Community Honda is located along Highway 90 near the airport. It will include a 50,000-square-foot facility with over 30 service bays, a children’s play area, a café, and many more amenities.
“After three years in Lafayette, we are excited to expand our presence to better serve the community,” said Roger Elswick, Community Honda owner.
Seth Citron, Stirling Properties senior advisor, brokered the transaction and worked with Community Honda to secure the new location. “This was a great project to work on, and I’m excited for Roger and Kim Elswick’s entire Community team. This will be a remarkable new development that will service their loyal employees and customers for the next generation of Honda products in and around the Acadiana area. I’m eager to see this property returned to commerce and provide an enhanced economic boost for the market,” said Citron.
With construction set to begin in 2022, the new facility is expected to open in 2023 and will be the first in Louisiana to use Honda’s newest designs.
For leasing information in southwest Louisiana, contact Seth Citron at scitron@stirlingprop.com / 337-572-0273.
The Wharf Reaches Record-Breaking Occupancy on Alabama Gulf Coast
The Wharf at Orange Beach, a popular shopping, dining and entertainment venue on the Alabama Gulf Coast, has reached a record-breaking total occupancy of 98% in 2021 — up from 93% in May 2020.
On the cusp of a completely full venue with only four unoccupied spaces remaining on The Wharf property, the growth has gained much interest from businesses in a range of sectors including restaurants, real estate, entertainment and retail. New tenants that have recently joined The Wharf family include Local Life OBA, Cool Shots Selfie Museum, HUK Performance Fishing Apparel, Southern Athletica, Poppy’s Boutique, Maho Shades, MA Beauty Lounge, Gulf Coast Athletics, Compass Media, the Coastal Alabama Business Chamber and The Wharf Welcome Center, The Spice & Tea Exchange, Murder Point Oysters, The Coastal Leaders Property Group, Coco LOUIE, Joanna A Boutique, Claremont Property Co., Wise Living Real Estate and more on the way that have yet to open. Nearly all are owned by area residents, making The Wharf one of the highest concentrations on the Gulf Coast of locally-owned businesses.
“As The Wharf enters its 15th year, we’re excited to welcome new establishments that will contribute to our continued success,” said Kristen Hammack, management team leader at The Wharf. “We are always looking for ways to better serve and meet the needs of both visitors and locals, and each of these new businesses brings something unique to our offerings. We pride ourselves in being a safe, family friendly venue where you can experience everything from getting married and purchasing a home to renown fishing tournaments, creative culinary options, unique shopping, energetic concerts and more — a place where ‘life’ happens.”
Tom Thumb also recently acquired and broke ground on 3.94 acres of land located at the intersection of Canal Road and Wharf Parkway East for the development of a convenience store and gas pumps. And just behind it, a 127,000 sq. ft. storage facility is currently under construction. The Wharf partnered with Jeff Barnes, broker with Stirling Properties, who is serving as the commercial leasing agent for the property and responsible for securing each of these new tenants.
“We are thrilled to work with The Wharf and welcome new businesses to Orange Beach. Despite the numerous struggles over the last year, the significance of this record-breaking occupancy for The Wharf truly demonstrates the resiliency of the community and the tenacity of locally-owned businesses, as well as the tremendous efforts of the entire team at The Wharf,” said Jeff Barnes, CCIM, senior investment advisor for Stirling Properties.
“The positive momentum is fostering new opportunities for the undeveloped parcels of The Wharf, like the new Tom Thumb and fast-serve establishments and self-storage facility. Our market dynamics and growth are very encouraging, and we are poised for continued success. We look forward to welcoming even more great tenants to The Wharf soon.”
Just last month, Shades Sunglasses and Casual Apparel, with 10 locations in four states across the Southeast, confirmed their highest-ever, single-day record in sales across all stores at its Wharf location. Shades owners, Joe and Mary Jernigan, have also recently opened HUK Performance Fishing Apparel and Coco LOUIE at The Wharf.
“Our sales during the car show a few weekends ago were higher than any Black Friday, Christmas, Memorial Day or other major-shopping holiday that we have seen,” said Joe Jernigan. “Because of the expected growth at The Wharf, we decided to open up two additional stores this year, and both businesses have already exceeded projected business model expectations. Shades at The Wharf has surpassed all other locations in sales and is on track for its best year ever since its inception in 2004 — up 30% from 2019.”
With this growth, The Wharf has made various infrastructure and general property updates along with a substantial upgrade to the nightly light show that now features state-of-the-art lasers named the SPECTRA Laser Light Experience. The spectacle is viewed by more than 115,000 visitors each year.
The Wharf Amphitheater, which was nominated for the 2019 Academy of Country Music Awards Outdoor Venue of the Year, has also received recent upgrades and will be welcoming back the C Spire Summer Concert Series this year with its first socially distant event kicking off on April 25 featuring NEEDTOBREATHE. Other top-charting industry artists are slated to perform in 2021 including the popular Luke Bryan, Jon Pardi, Brantley Gilbert, Brooks & Dunn and more.
Along with concerts, The Wharf is excited to safely welcome back annual events such as car shows, festivals, food events and holiday celebrations with more than 50 events slated for the remainder of 2021.
For the latest news and updates on what’s to come at The Wharf, visit alwharf.com, or follow along on Facebook, Instagram and Twitter at @thewharfoba. For commercial real estate information pertaining to The Wharf including executive office suites, traditional office suites, retail space and commercial sites for development, contact Jeff at 251-975-8222 or via email at jbarnes@stirlingprop.com.
About The Wharf
Located in beautiful Orange Beach, Ala., The Wharf is an official entertainment district with hundreds of family friendly events throughout the year. Enjoy shopping, drinks and dining at our 60+ unique stores, bars and restaurants. Stay onsite at the SpringHill Suites by Marriott hotel or Levin’s Bend Condominium, catch a movie at the 15-screen AMC Theatre, experience a trip around one of the Southeast’s largest Ferris wheels, take a train ride down Main Street, grab a game of mini golf, explore all that nature has to offer on a boating excursion or catch a nightly SPECTRA Laser Light Experience show — the options are endless. The 10,000-seat Wharf Amphitheater hosts a variety of well-known entertainers, and The Wharf Marina is home to some of the largest in-water boat shows and saltwater fishing tournaments on the Gulf. For more information or to book a reservation, visit alwharf.com.
Stirling Properties Welcomes Amazon to Fremaux Park in Slidell, Louisiana
Continuation of industrial expansion efforts in Fremaux mixed-use development
Amazon Logistics announced Thursday that it would build a delivery station at Fremaux Park in Slidell, Louisiana. Fremaux Park is the mixed-use property that includes Fremaux Town Center retail center, multiple multifamily developments, two hotels and the Dana Corporation Service center that will complement this project in the industrial park area.
Stirling Properties recently closed on the sale of a 30-acre land parcel for the construction of the 141,000-square-foot Amazon facility located at 1914 Town Center Parkway near the intersection of Old Spanish Trail. Groundbreaking and construction timing will be announced soon. The facility is expected to be open in early 2022.
Ryan Pécot, Senior Retail Leasing and Development Advisor with Stirling Properties, represented the landlord in the transaction.
Packages are shipped to delivery stations from nearby fulfillment and sorting centers and loaded onto trucks for final delivery to customers. This marks the first Amazon delivery station in St. Tammany Parish and the third in Louisiana. It is expected to house roughly 950 Amazon Prime vans to serve St. Tammany Parish and surrounding communities. There are 150 similar Amazon delivery stations across the U.S. Amazon said the new station would create hundreds of full- and part-time jobs.
“Stirling Properties is excited to officially welcome Amazon to Fremaux Park and provide an ideal location here in Slidell to house this facility—the first of its kind in St. Tammany Parish. This new delivery station is a continuation of our industrial real estate expansion efforts. Logistics, fulfillment and last-mile distribution centers will only play a more critical role in the future of retail and commercial real estate. We hope to attract more industrial facilities to the area to further bolster and support the economic growth of Slidell and our surrounding region,” said Townsend Underhill, President of Development for Stirling Properties.
Fremaux Park 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. It includes Retreat at Fremaux Town Center luxury residential apartments, The Mason Fremaux Park apartment community (under construction), Springhill Suites by Marriott (under construction) and Dana Inc. Service & Assembly Center. The adjoining Fremaux Town Center, anchored by Dillard’s, Dick’s Sporting Goods, Kohl’s and Best Buy, includes more than 660,000 square feet of retail and restaurant options. Additional phases are forthcoming with added residential, retail, industrial and office park. Fremaux Park is a Stirling Properties development.
For leasing or sales information, contact Ryan Pécot at 337.572.0246 / rpecot@stirlingprop.com or Bradley Cook at 985.246.3720 / bcook@stirlingprop.com.
