Stirling Properties Officially Announces Sam’s Club is Coming to River Chase

River Chase Sams MapCOVINGTON, Louisiana —- (AUGUST 16, 2011) Stirling Properties, the developer of River Chase, officially announces that Sam’s Club is coming to River Chase Shopping Center, the largest open-air retail center in St. Tammany Parish.  Sam’s Club closed today on the purchase of a 16.58 acre site for the development of a new, 136,000 square foot store at River Chase.  Wal-Mart Stores, Inc., the parent company for Sam’s Club, has committed to build their top of the line prototype building at the River Chase site, which will not resemble any other Sam’s Club in Louisiana.

This new Sam’s Club will be the only one in western St. Tammany and construction on the predominantly stone and brick facade will begin soon as Sam’s has already obtained all the necessary permits to begin.  The anticipated opening is scheduled for fall 2012 and is expected to provide 100+ jobs for the area.

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

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About Stirling Properties

Stirling Properties is one of the most diversified full-service commercial real estate companies in the country. Regionally focused and nationally acclaimed, we utilize a comprehensive set of resources and rely on a team of trusted experts in Brokerage Services, Development and Redevelopment, Acquisitions and Investments, and Property and Asset Management over a wide array of property types to deliver long-term value to our clients across the Gulf South. Through 40 resilient years, we've stayed true to our roots and remained adaptive in our own backyard. We live where we work and we believe that there is no substitute for understanding our local markets – from real estate trends, to economies and jobs, to the intangibles. With branch offices throughout the Gulf South, we can meet any real estate challenge. We've worked with a diverse range of clients and are positioned to put that experience and knowledge to work for you!

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9 Comments on “Stirling Properties Officially Announces Sam’s Club is Coming to River Chase”

  1. Townsend Underhill Says:

    The deal today is a product of over a year of negotiations and coordination. In the Wal-Mart world this is a quick closing but is a huge milestone for both River Chase and Western St. Tammany Parish. Wal-Mart’s purchase of 16.58 acres at River Chase, to build a Sam’s Club, solidifies a prominent anchor to the next phase of the project with a retailer that appeals to the Covington / Mandeville shopper. Sam’s Club intends to start construction in the next 60 days bringing significant economic impact to Western St. Tammany Parish in the form of 100+ jobs and high anticipated sales figures.

    In addition to Sam’s Club, Stirling is currently under construction with a 50,000 s.f. expansion of the existing shopping center, Favrot and Shane is well underway with the Brewtser Commons apartment project with the first units opening for occupancy in October, and the Holiday Inn developers will be breaking ground in the next 60 days on their hotel site. More development activity at River Chase will be announced in the coming months, so stay tuned.

    Reply

  2. Freda James Says:

    Interested in working @ sams in covington, Louisiana…. Please inform me by sending me an email when you will be accepting application for this location…Thx!

    Reply

  3. Shelly Jordan Says:

    I’m really interested in working at the Sam’s Club in Covington Louisiana. Please notify me when you are accepting applications for this location. Thanks Shelly

    Reply

Trackbacks/Pingbacks

  1. New Office Park Coming to River Chase « Stirling Properties - October 24, 2011

    […] to River Chase October 24, 2011 by Stirling Properties In addition to the announcement of Sam’s Club and other exciting new retail tenants coming to River Chase Shopping Center in Covington, […]

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