Recent News

November 15 , 2008 At the site of The Shoppes at Camp Bowie in Fort Worth, Texas, the famed Stripling & Cox building on Camp Bowie Boulevard is set for demolition as Pittsburgh-based Armstrong Development Properties Inc. plans to erect a high-end retail project in its place, complete with a bank and multiple restaurants.

Armstrong Development’s Texas Director of Real Estate John Waters said the company will demolish the shuttered 110,743-square-foot, two-story Stripling & Cox building on January 1, 2009. In its place, a 23,000 SF high-end shopping strip sandwiched between two pad sites will rise. One pad site, at the intersection of Hilldale Street and Camp Bowie Boulevard, is slated for Comerica Bank. The other site at the intersection of Ridglea Avenue and Camp Bowie Boulevard has not yet been leased, but is slated for restaurant use.

“Camp Bowie is a unique trade area. When the opportunity came up for a redevelopment there, we were excited,” Waters said. “It’s not often such a piece becomes available.” Waters said Armstrong Development closed on the 3.5-acre tract on Sept. 7 after seven months of negotiations. Construction on the project is slated to begin March 1, 2009, with tenant opening set for fourth quarter 2009.

June 3, 2008 Unser Crossing , Armstrong Development's newest project, received $1.8 million in public improvement incentives from the Albuquerque, New Mexico City Council. Armstrong Development's Arizona Regional Director SG Ellison stated at the meeting that "the incentive will help bring this project to fruition." The funds will be used on roads, public safety and drainage. The approximately 50 acre development will feature a Lowe's Home Improvement store as a primary anchor, and bring much needed retail to a Southwest Mesa neighborhood vastly under served. Albuquerque Representative Antonio Maestas was in support of the incentive. "It's the best $1.8 million this city has ever spent," he said.