Dana Inc. Celebrates Grand Opening of New Service & Assembly Center in Slidell, Louisiana
Marks another major milestone in the evolution of Stirling Properties’ development portfolio.
Dana Incorporated (NYSE: DAN) announced that it has opened the doors to its nearly 32,000-square-foot industrial facility at Fremaux Park in Slidell, Louisiana, for the repair, service, and assembly of industrial gearboxes, including the ability to custom-make gears up to 6.5 feet (2 meters).
St. Tammany Parish President Mike Cooper, Slidell Mayor Greg Cromer, Stirling Properties and St. Tammany Parish community leaders joined in the celebration with an official ribbon-cutting ceremony, followed by guided tours of the new facility.
Located in the Fremaux mixed-use development, the new service and assembly center replaces Dana’s current operations in Slidell, offering a larger footprint to meet the growing demand for industrial gearbox service, repair, and refurbishment. The company has also invested in gear grinding and hobbing equipment and skilled personnel to increase the ability to quickly turn-around gearboxes for customers.
“The additional square footage in this new facility combined with the increased ability to rapidly make gears gives Dana the capacity we need to further support our industrial gearbox customers who come to us for custom, highly engineered solutions,” said Aziz Aghili, president of Dana’s Off-Highway Drive and Motion Technologies. “Dana’s service and assembly centers provide critical support for our global customers throughout the lifecycle of their machinery, whether they’re building something completely new for a one-off application or maintaining current equipment to ensure maximum performance and uptime.”
“Just over a year ago, we broke ground on this project. It’s incredible that we’ve got a world-class manufacturing and assembly operation that has invested this amount of time, money and energy into the Slidell community. Dana has the capacity to double its workforce in the next year or so and double the size of this facility in the next 4-5 years! The world is their oyster, and we’re opening our world to them—welcome. Thank you for choosing to be a part of Slidell, investing in our community and helping to make our city the best that it can be,” said Slidell Mayor Cromer.
“On behalf of St. Tammany Parish, we welcome Dana to your new home here in Slidell. When you moved to our area, you may not have known you would grow so fast in such a short time. With an opportunity to move and expand, we’re glad you chose to stay in Slidell,” said Parish President Cooper. “I’d also like to thank the commitment of Stirling Properties and the Levis Family, for your vision of this development—Fremaux Park will help us attract not only companies like Dana but other corporate entities to our community.”
Stirling Properties served as the developer of the new Slidell facility. This project marks the company’s first ground-up industrial development, as well as the beginning of industrial expansion efforts for the Fremaux mixed-use property. Stirling Properties’ commercial advisor, Bradley Cook, also worked with Dana to identify and secure the location at the corner of Town Center Parkway and Old Spanish Trail.
“Stirling Properties is thrilled to officially welcome Dana to Fremaux Park and celebrate the grand opening of this remarkable facility,” said Townsend Underhill, President of Development with Stirling Properties. “This is a huge economic win for Slidell and the surrounding greater New Orleans region, and we are proud to have been a part of it. This new service and assembly center will be a unique operation nationally—and the property was laid out with ample opportunities to allow for future expansion. We look forward to working with Dana and having them as an anchor tenant in the Fremaux Park development.”
In addition to the Slidell facility, Dana has 26 service and assembly centers around the world that provide custom solutions for gearboxes used in a variety of applications such as mining, steel and metal, pulp and paper, power generation, food processing, marine, cement, wind power, water treatment and much more. The company employs more than 36,000 people in 33 countries across six continents.
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, Springhill Suites by Marriott (under construction), Waypoint apartment community (under construction), Saltgrass Steak House 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 650,000 square feet of retail and restaurant options. Additional phases are forthcoming with added residential, retail, industrial and office park. Stirling Properties developed Fremaux Park and Fremaux Town Center and handles management and leasing of the property.
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.
Construction Nearing Completion for Redevelopment at Hammond Square
Former Sears and Rite Aid stores transformed into multi-tenant retail space.
Stirling Properties commercial real estate company is nearing completion on the redevelopment project at Hammond Square shopping center in Hammond, Louisiana. Demolition of the former Sears and Rite Aid buildings was completed earlier this year to make way for the $15 million multi-tenant retail redevelopment project.
This summer, the company announced that Michaels, HomeGoods, Five Below and PetSmart would be constructed on the former Sears parcel. Walk On’s Bistreaux & Bar has also recently announced its intention to join the tenant lineup with a projected opening in late summer of 2020. Constructions of the new space is underway and expected to be completed in the first quarter of 2020, with the retail tenants anticipated to open in the second quarter of 2020. Hammond Square is also developing a two-tenant outparcel building in front of the former Rite Aid that will be occupied by Five Guys and Chipotle. This building is also expected to be completed in the summer of 2020.
Rhonda Sharkawy, Senior Retail Leasing & Development Advisor with Stirling Properties, handled the lease transactions on behalf of the landlord.
“Stirling Properties is excited to welcome these first-class retailers to Hammond Square. They are all 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. We look forward to adding even more great retailers to the center 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, Best Buy, T.J.Maxx, ULTA Beauty, Books-A-Million 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.
Walk-On’s Bistreaux & Bar Coming to Hammond Square
Stirling Properties announces that Walk-On’s Bistreaux & Bar is coming to Hammond Square shopping center in Hammond, Louisiana. This marks the 3rd Northshore location for the award-winning, family-friendly restaurant and bar.
Walk-On’s Bistreaux & Bar local franchisee DBMC Restaurants will close on the purchase of 1.35 acres of property located at C.M. Fagan and Hammond Square Drive, as part of the redevelopment currently underway on the northeast side of the shopping center. The restaurant will occupy approximately 8,025 square feet of space. Construction is expected to commence by the end of 2019, and the restaurant plans to open in the summer of 2020. DBMC Restaurants is a veteran restaurant group that currently operates three restaurant brands across six states and is one of the largest franchisees of Walk-On’s.
Rhonda Sharkawy, Stirling Properties’ Senior Retail Leasing & Development Advisor, represented the property owners in the sale.
The popular sports-themed restaurant started in Baton Rouge by two former LSU basketball walk-ons has thrived over the years and expanded with more than 100 locations planned across 15 states. Currently, there are 18 Walk-On’s restaurants operating in Louisiana. Hammond Square marks the 3rd location for the Northshore region, with existing restaurants at Stirling Properties’ River Chase development in Covington and Fremaux Town Center in Slidell.
Stirling Properties previously announced the demolition of the former Sears and Rite Aid buildings at Hammond Square to make way for a multi-tenant retail redevelopment project. This summer, the company announced that Michaels, HomeGoods, Five Below and PetSmart would occupy the space and join the tenant lineup. Buildout of the new space is underway and expected to be completed in the first quarter of 2020, with the retail tenants anticipated to open in the second quarter of 2020. Hammond Square is also developing a two-tenant building in front of the former Rite Aid that will house additional restaurants, including Five Guys. This building is expected to be completed in the summer of 2020.
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.
Home 2 Suites by Hilton Coming to Fremaux Park in Slidell, Louisiana
Home 2 Suites By Hilton in Gonzales, Louisiana
Stirling Properties commercial real estate company announces that Home 2 Suites by Hilton is coming to Fremaux Park in Slidell, Louisiana. Fremaux Park is the mixed-use property surrounding the Fremaux Town Center retail development.
Stirling Properties recently closed on the sale of a 2.7-acre land parcel to a Developer for Home 2 Suites by Hilton for the construction of a four-story, 106-room hotel. The development will encompass 65,000 square feet of space located on the west side of Town Center Parkway, across from Fremaux Town Center. Groundbreaking and construction timing will be announced soon.
Home2 Suites by Hilton is a more affordable, all-suite extended-stay hotel featuring contemporary accommodations and customizable guest room design.
Ryan Pécot, Senior Retail Leasing and Development Advisor with Stirling Properties, represented the landlord in the transaction.
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, Springhill Suites by Marriott (under construction), Waypoint apartment community (under construction), Saltgrass Steak House and Dana Inc. Service & Assembly Center (under construction). The adjoining Fremaux Town Center, anchored by Dillard’s, Dick’s Sporting Goods, Kohl’s and Best Buy, includes more than 640,000 square feet of retail and restaurant options. Additional phases are forthcoming with added residential, retail, industrial and office park.
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.
Stirling Properties Announces New Tenants at Hammond Square
Redevelopment of former Sears and Rite Aid stores into multi-tenant retail space.
Stirling Properties commercial real estate company is thrilled to announce that Michaels, HomeGoods, Five Below and PetSmart will join the tenant lineup at Hammond Square shopping center in Hammond, Louisiana.
Rhonda Sharkawy, Senior Retail Leasing & Development Advisor with Stirling Properties, handled the lease transactions on behalf of the landlord.
Michaels, HomeGoods and Five Below will occupy a newly constructed multi-tenant building on the parcel formerly occupied by Sears and Rite Aid. Michaels will lease 21,000 square feet, HomeGoods will lease 22,000 square feet and Five Below will lease 8,300 square feet. PetSmart will occupy approximately 15,000-square-foot store adjacent to Hibbett Sports. There will be a newly created outparcel at the corner of Hammond Square Drive and Palace Drive, near the entrance of the retail center. This outparcel is available for a future retail or restaurant up to 6,000 square feet.
Demolition of the former Sears and Rite Aid buildings was completed earlier this year to make way for the $15 million redevelopment project. Construction of the new space has commenced, and developers are recycling the crushed concrete from the building demolition to use for paving base material. Buildout is expected to be completed in the first quarter of 2020 with the new retail tenants anticipated to open in the second quarter of 2020.
Also new to Hammond Square, Old Navy celebrated its grand opening this past spring. The new-to-market fashion retailer is located on Palace Drive between Zales and Shoe Dept. Encore. Poké City recently announced that it would open its 2nd Louisiana location at Hammond Square. The restaurant, serving Hawaiian-inspired food bowls, will occupy the former Which Wich location on Palace Drive between Menchie’s and GNC. It is expected to open this August.
“Stirling Properties is excited to welcome these first-class retailers to Hammond Square. They are all 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.
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.
Springhill Suites by Marriott Breaking Ground at Fremaux Park in Slidell, Louisiana
Anticipated opening scheduled for late 2020
Q Hotels and Stirling Properties are pleased to announce that Springhill Suites by Marriott is breaking ground at Fremaux Park in Slidell, Louisiana. Fremaux Park is the mixed-use property surrounding the Fremaux Town Center retail development.
Q Hotels, a LaPlace, Louisiana-based hospitality development and management company, previously purchased the 1.87-acre parcel of land, and the company is now ready to begin construction of a four-story, 88-room hotel under the Marriott flag. The hotel will encompass 57,000 square feet of space located on the south side of the W-14 canal at the corner of Ruth Garrett Way and Bill Garrett Road (I-10 Service Rd.). Groundbreaking and site work began this week. Springhill Suites by Marriott is expected to open in the fourth quarter of 2020.
“We are truly excited to continue expanding our portfolio to be the newest member of the Slidell community! The Springhill Suites by Marriott will be a great addition to the Fremaux development and complement its dynamic tenant mix by offering an upscale, all-suite option for travelers and visitors of the Northshore area,” said Rachael Brockhoeft Burns, Regional Director of Operations, Q Hotel Management.
Q Hotels’ development arm, Velocity Builders, will serve as the contractor and developer of Springhill Suites by Marriott; its management arm, Q Hotel Management, will handle hotel operations. Q Hotels currently owns and manages 12 hotels with brands ranging from Hilton, Marriott, IHG and Best Western across Louisiana and Texas, as well as multifamily and retail 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, Springhill Suites by Marriott (under construction), Waypoint apartment community (under construction), Saltgrass Steak House and Dana Inc. Service & Assembly Center (under construction). The adjoining Fremaux Town Center, anchored by Dillard’s, Dick’s Sporting Goods, Kohl’s and Best Buy, includes more than 640,000 square feet of retail and restaurant options. Additional phases are forthcoming with added residential, retail, industrial and office park.
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.
