Congratulations to our very own Chris Smiroldo on becoming an SRA Designated member and achieving a prestigious designation that differentiates you in a highly competitive marketplace! Chris has made a commitment to advanced education, higher ethical requirements and elevated expectations for the residential appraisal profession.
Key to the Cure Kickoff Gala was held on October 11, 2017 at Saks Fifth Avenue benefiting the Louisiana Cancer Research Consortium. Representatives of Murphy Appraisal Services were among those in attendance as well as a sponsor to this benefit that raised more than $170,000. Since 2006, Saks Fifth Avenue’s Key to the Cure cancer research fundraiser has led the way, generating over $2 million to support LCRC. This investment allows the LCRC researchers to generate approximately $3.5 million in grant funds, sustain successful prevention and control programs, develop state-of-the-art treatment options and create cancer educational programs for Louisiana citizens.
Stirling Properties has released more details about the new office space it’s adding to the River Chase mixed-use development in Covington, including the name of its first tenant.
The commercial real estate company said civil engineering firm Duplantis Design Group PC will be the first to move into the two-story, 45,000-square-foot Class A office building currently under construction. Phase I of the office space will be available next April.
DDG’s corporate office is located in Thibodaux, with branch offices in Covington, Houma and Baton Rouge, as well as Houston and Dallas.
Wakefield, Beasley and Associates architectural firm designed the base building, and Covington-based Greenleaf Architects served as the interior architect for the project.
Phase II will comprise of a multi-building campus capable of accommodating corporations ranging from 20,000 square feet to 1 million rentable square feet. Its flexible floor plates allow for a partial or full building lease opportunity for a variety of corporate office users, according to the brochure.
Mike Bucher, Stirling Properties vice president of development, said office space at River Chase is “a perfect example of the mixed-use concept that is quickly gaining popularity, especially among millennials.”
“This type of live/work/play development model is also attractive to large, national corporations,” Bucher said.
River Chase is a 253-acre development located on the southeast corner of Interstate 12 and Louisiana Highway 21.
The development includes retail, restaurants and entertainment options, as well as a Holiday Inn Express, Regal Cinema, and more than 500 residential apartment units.
Developers are hoping to capitalize on employers relocating to the office space and housing employees in the nearby Springs at River Chase or at the high-end River Club Estates. The communities are within walking distance of restaurants and retail options.
In mid-October, Walk On’s Bistreaux & Bar announced it would begin construction in the coming weeks on its first North Shore location at the River Chase development. A spokesperson for Stirling said construction has not yet begun on the sports-themed restaurant, which is expected to open by next summer on the corner of Stirling Boulevard and Brewster Road.
River Chase’s anchor tenants include: Sam’s Club, Target, Belk, JCPenney, Best Buy, Marshalls, Ross Dress for Less, ULTA Beauty, Holiday Inn Express, and a 14-screen stadium style Regal Cinema. Other tenants include: Chick-fil-A, LongHorn Steakhouse, Regions Bank, Taco Bell, Texaco, Wendy’s and Zoe’s Kitchen. Stirling Properties started developing River Chase in 2004 and currently manages and leases the property.
About Murphy Appraisal
Murphy Appraisal Services, LLC is a comprehensive real estate appraisal and consultation firm. We have been serving the Gulf Coast real estate market for nearly 30 years. Murphy Appraisal employs 25 hardworking and ethical professionals that take pride in being the largest appraisal company in the Gulf South region. We are multi-faceted, proudly meeting the needs of a vast array of clients, all of whom we value and respect. We pride ourselves on producing a product that has the most current and proficient market data available, in a timely fashion.