Mid-City Market – February Update

Mid City Market - February 2013

Masonry, Roofing, and Sheeting – Winn Dixie

Mid City Market - February 2013

Storefront Sheeting and Elements – Retail Building C

Since last month’s update, we have moved forward rapidly in the site and building construction at Mid-City Market in New Orleans.  At Winn-Dixie, we have finished standing the exterior walls, begun sheeting the walls, have set the roof curbs, and finished installing the re-steel.  We have set masonry along the rear wall on the N. Solomon Street side and plan to finish wall sheeting in the next couple of weeks.

At the former retail building we are renovating, we have completed the exterior wall sheeting, interior wall framing, and are sheeting the interior walls. We plan to finish the wall work and finish setting brick for the exterior walls in the next couple of weeks.  We will be turning the building over to tenants for their interior buildouts the first week of April.  The two small-shop buildings fronting Carrollton are progressing quickly as well.  Over the next week, we will be finishing all of the exterior wall framing for these buildings and begin laying the retaining walls.  These buildings will be turned over to tenants for their interior buildouts in May, many of these tenants have shorter build out periods.  We will be delivering the Pei Wei building the last week of March to Pei Wei for their interior build out work.

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About Townsend Underhill, MBA, CCIM

Mr. Underhill serves as Senior Vice President of Development; in that role, he is responsible for running the Development Division of Stirling Properties. Stirling’s Development focus is on seeking, evaluating, and implementing new development and re-development opportunities across various product types with a focus on Retail and Office Development. Recent noteworthy development projects include Mid-City Market and Magnolia Marketplace in New Orleans, Fremaux Town Center in Slidell (mixed-use), River Chase in Covington (mixed-use), MacArthur Village in Alexandria, Kings Country Village in Pineville and various Walgreens throughout Louisiana. Mr. Underhill also plays an integral role in New Business Development, Asset Management, Facility Management, and third-party client relationships. Mr. Underhill currently serves as the ICSC State Director for Louisiana. He is also highly active in GNO Inc., the Greater New Orleans economic development group, as a member of the Next Generation Board, as well as sitting on GNO Inc.’s Public Policy and Development Committees. He serves on the Board of Directors for West St. Tammany Chamber of Commerce. Mr. Underhill holds the designation of Certified Commercial Investment Member (CCIM), as well as the ICSC Certified Retail Property Executive (CRX). He is a licensed Real Estate Broker in both Louisiana and Kentucky. Prior to joining Stirling Properties in 2007, during his time at Underhill Associates, Mr. Underhill was a Junior Partner with Underhill & Associates. In that capacity he was responsible for directing the Development, Brokerage, and Accounting divisions of the full-service real estate company. Mr. Underhill oversaw the operations, management, and redevelopment of Underhill & Associates multi-family portfolio consisting of 21 properties. In addition to his extensive multi-family experience, Mr. Underhill was also responsible for directing over $200 million in acquisition, development and financing volume. Mr. Underhill has a bachelor of Business Administration degree in Real Estate from Arizona State University, W.P. Carey College of Business where he graduated Magna Cum Laude. He also holds a Master of Business Administration degree from the University of Georgia, Terry College of Business, with specializations in Real Estate and Entrepreneurship.

View all posts by Townsend Underhill, MBA, CCIM

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2 Comments on “Mid-City Market – February Update”

  1. bobbi Says:

    Thanks for the update! Keep them coming.



  1. Mid-City Market – March Update | Stirling Insights - March 19, 2013

    […] last month’s update, we have moved forward rapidly in the site and building construction at Mid-City Market.  At […]

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