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Stirling Properties to develop urban shopping center in New Orleans

2/23/2012

Covington, La. -- Stirling Properties announced the closing of the land acquisition and development financing for Mid-City Market, a 107,713-sq.-ft. Winn-Dixie anchored shopping center located in New Orleans.



Mid-City Market’s amenities will include terraced outdoor seating and pedestrian plazas, benches, bike racks, trellises, and native landscaping throughout to compliment the proposed Lafitte Greenway pedestrian and bicycle pathway which will border Mid-City Market.



The proposed Greenway was a critical component and feature in the collaborative design effort of Mid-City Market.



To create space for a new 53,000-sq.-ft. Winn-Dixie, demolition of the former Bohn Ford dealership building is slated to start immediately. Stirling Properties said it also plans to construct three new buildings on North Carrolton Avenue and renovate an existing building on site to create space for new retailers and restaurants.



In addition to Winn-Dixie, tenants with executed leases in the development include Office Depot, Neighborhood Pet Market by Jefferson Feed, Felipe’s Taqueria, Pinkberry Frozen Yogurt, Five Guys Burgers and Fries, and Pei Wei Asian Diner. Mid-City Market is already 80% pre-leased with other tenant announcements forthcoming, said Stirling.

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