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Walgreens on Magazine – Update 11/2/12

Magazine Street WalgreensThe project is still moving along at a fast pace.  Following the setting of the base cast stone, you can now see that the front façade brick veneer is going up quickly.  The large windows facing Magazine street are taking shape and it will not be long before this phase is complete.  The interior work is progressing with the installation of drywall, completion of framing, HVAC Ductwork, Electrical Rough-In and the concrete decking work at the second floor.

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Sam’s Club Opening a Record-Breaking Success!

Sam's Club at River Chase - Ribbon CuttingYesterday morning I spoke briefly at the official ribbon cutting for the Sam’s Club in our River Chase development. The parish president, all of the area mayors, several council members and a crowd waiting for the doors to open were all gathered.  It was great to see so many people excited about the store opening.

Monday night was the store’s soft opening and it was equally crowded.  The Sam’s Club parking lot was full, plus there were about 300 extra cars parked on the street and in nearby lots.  The manager, Chris Cuevas, told me that the soft opening was a record for Sam’s Club.

I wouldn’t be surprised if this store sets many more records.

Stirling Properties Announces Sam’s Club Opening at River Chase

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Stirling Properties, the developer of River Chase,  announces the opening of Sam’s Club at River Chase Shopping Center, the largest open-air retail center in St. Tammany Parish.  Sam’s Club opened today, Tuesday, October 30. The grand opening ceremony, led by Covington Sam’s Club Manager Chris Cuevas, featured local dignitaries and special appearances as community officials cut the ribbon to signify the club’s opening.

The new 136,000 square foot Sam’s Club is the only one in western St. Tammany and has have a fuel station and pharmacy. “Sam’s Club is a fantastic addition to the River Chase development.  This state-of-the-art Sam’s Club is a great compliment to the existing tenant mix at what has now become the largest open air retail center in Louisiana,” said Stirling Properties’ Vice President of Development Townsend Underhill. “Sam’s commitment to the project and to Western St. Tammany Parish has been tremendous over the past 2 years while this deal has been in the works and we are thrilled to see them cutting the ribbon and officially joining the River Chase community.”

For more information about River Chase, contact Townsend Underhill, Vice President of Development for Stirling Properties, at tunderhill@stirlingprop.com or by phone at (985)-246-3785.

October 30, 2012|New Orleans Northshore, news, Press Releases, River Chase|

Walgreens on Magazine – Update 10/25/12

Walgreens on MagazineThings are moving fast at Magazine Street Walgreens.  We now have laid the starting course of cast stone on the front elevation, from there on up we will see the brick veneer going up which will help define the window openings.  The roofing is now complete, building totally dried in and HVAC Units are in place.  Ductwork is now underway inside as well as a flurry of activity of Drywall Studwork, Electrical Rough-in and some of the remaining selective demolishing work.  The Walgreens specified tile flooring is being manufactured and due to ship from Italy in early December, this store will not look like your typical Walgreens….we can’t wait to see it either!

Stirling Properties Welcomes Mac Bauer to Its Development Team

COVINGTON, LA– October 25, 2012 – Stirling Properties, expands the depth and breadth of its Development Team by announcing the addition of Mac Bauer as a Development Associate.

In this position, Mr. Bauer will work directly with Lewis Stirling and Townsend Underhill.  Mac brings to Stirling several opportunities for historic inner-city developments.  Mac’s experience includes international asset and investment management, as well as developing and operating New Orleans’ first urban RV Park.

“The industry is seeing an upswing in activity and it is crucial to have the right people in place to capitalize on growth opportunities. This is why we are pleased to be able to bring someone of Mac’s caliber on-board,” said Lewis Stirling. “His previous experiences and expertise will play a significant part in Stirling Properties’ development goals as we continue to expand our services in the Gulf South.”

October 25, 2012|Corporate, development, news, Press Releases|

Louisiana Continues to Leap Forward in All Areas

Top States For Doing Business
Leading economic development magazine Area Development has just released its 2012 “Top States for Doing Business” survey of national site selectors, and Louisiana has posted its best showing ever:

  • #1 in Cooperative State Government
  • #2 in Incentives Programs
  • #2 in Economic Recovery
  • #3 in Leading Workforce Development Programs
  • #3 in Speed of Permitting
  • #4 in Overall Business Environment
  • #4 in Cost of Doing Business
  • #5 in Labor Climate
  • #6 Top State for Doing Business

This is a remarkable set of top-10 votes for Louisiana from national economic development consultants; you can see the full report here.

These latest rankings are just another example of what we see happening all around us.  Louisiana continues to leap forward in all areas – jobs, economic development, business climate, entrepreneurship, etc.  As I tell people around the country the “Louisiana Story”, their reactions are somewhere between amazement and skepticism.  I can tell some of them flatly don’t believe a word I am saying.

That is what makes telling the story even more remarkable.

October 22, 2012|Blog, Corporate, Market Research, President's Message, Rankings|
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