New Orleans, Louisiana
Algiers Plaza is a Winn Dixie anchored shopping center site in New Orleans, LA consisting of about 150,000 square feet and additional raw land for development. The site is located at “Main at Main” in the Algiers area of New Orleans with traffic counts of approximately 65,000 vehicles per day at theintersection of General DeGaulle Drive and Holiday Drive. The trade areas dense population of 180,000 had an average household income of $63,000 – well above the state average.
PMAT redeveloped the entire property by: demolishing 50,000 square feet of retail shop space; adding 150,000 square feet of primarily junior anchor space; reconfiguring the entire site and parkinglot; renovating the remaining existing shop space; and creating a grand entrance off of General DeGaulleDrive, the main artery.
In addition, Winn Dixie completed a $4 million tenant funded first to market “transformational remodel” of the existing Winn Dixie store to their new prototype which has been described as a “Whole Foods”. PMAT brought Ross Dress for Less, Petco, and Burkes Outlet (among others) into the center/market in Phase I. Phase II features 65,000 square feet of additional space anchored by new tenants such as TJ Maxx, Famous Footwear, Payless, YouFit and which includes a first to market Buffalo Wild Wings. Upon completion, Algiers Plaza will be the primary class-A retail regional center of gravity in the market with approximately 250,000 square feet of predominantly nationally recognized retail space.