Wampold Companies, founded in 1981 by Mike Wampold, has built a solid reputation of proven performance in the areas of real estate development, construction, major capital renovations and property management.
Our company’s Mission Statement clearly defines the delicate balance between our Residents, our Team Members and our owners. It is appropriate that from time to time we all take another thoughtful look at our mission to make sure that we are maintaining that balance in our own work relationships.
A Wampold Team Member is a valuable member of a dynamic and purposeful team. As a team we are committed to the pursuit of excellence in every aspect of our work, from serving our customers to maintaining our properties. Excellence does not mean being better than others, but being the very best that you can be and giving 100% effort in all that you do. This is the way we create a winning team. This is “The Wampold Way.” The Wampold Way is a statement of our philosophy. The Wampold Way is how we view ourselves and how we relate to each other as Team Members of Wampold Companies.
Since inception, the Company has developed, constructed and/or performed major renovations on approximately 4,000 multi-family housing units located throughout the state of Louisiana, including two Section 801 Military Family Housing communities at Fort Polk, LA. Wampold Companies currently manages and maintains all of these communities.
In addition to multi-family housing, Wampold Companies owns and manages over 700,000 rentable square feet of commercial office properties which consists of four prestigious, class A office facilities known as the Shaw Plaza Building, Chase North Tower, City Plaza, and II City Plaza. In 2001, the company also co-developed the 707-room Astor Crown Plaza and Alexa Hotel complex located adjacent to the French Quarter on the corner of Bourbon Street and Canal Street in New Orleans. This property was sold in May 2005.
In December 2005, Wampold Companies began construction on The Crescent at University Lake Phase I and II. The Crescent is a 165-unit luxury, mid-rise condominium community located near the gates of Louisiana State University. The Crescent exhibits cultural depths and diversity with a character all its own. It is a promise of exquisite living embraced by Old World charm and New World elegance. A private retreat influenced by European architectural, this grand and secluded community is a tribute to living at its very finest. Phase III, which is an additional 122 units, is scheduled to begin construction in early 2009. Projected combined sales of all phases will exceed $150,000,000.
II City Plaza, another prestigious Wampold office building located in downtown Baton Rouge, is currently under construction. It will be located adjacent to the current City Plaza in the heart of the Central Business District. The proposed structure will encompass the highly visible corner of North Boulevard and 4th Street. Construction should be completed in January 2009.
Wampold Companies’ financial strength, development and construction skills and its property management expertise allows the Company to take a long-term view toward business relationships, the preservation of assets and its commitment to people.
Significant Company Milestones:
1982, Rural Development Housing. Wampold
Companies began with the development of apartment
communities in rural areas of south Louisiana financed through the
Administration. The company eventually developed and managed
seven such properties located throughout south Louisiana.
1985, Conventional Multi-family Housing. The Company began
acquiring and performing major renovations to existing conventional
multi-family apartment communities. Most, if not all, of these
properties required major structural and cosmetic renovations. The
result was a dramatic improvement in the quality of living
environment for the residents as well as to the value of each
asset. Since 1985, the company has acquired and renovated 14 such
properties. The company currently owns and manages a portfolio
consisting of over 2,500 apartment homes containing over 2.3
million square feet.
1985, Section 801 Military Family Housing. The United States Army Corp of Engineers and Fort Polk housing personnel selected Wampold Companies, from among 17 other applicants to develop, finance, own, manage and maintain 600 family housing units under the Section 801 Military Family Housing Program.
Since this was one of the first projects of its kind, the Company, the Corp of Engineers and Fort Polk housing worked closely together to finalize the development plan. Construction began in 1986 and the project was completed ahead of schedule. Located just outside the gates of Fort Polk, Sycamore Point and Timber Ridge Apartments consist of 672,000 square feet within 600 apartment homes. The two developments are situated on 134 acres allowing the properties to have a “park-like setting”.
Over the course of our 20-year operating history with these
properties, the Company, in cooperation with Fort Polk housing
personnel, has developed efficient and effective systems and
procedures relating to housing assignments and terminations, unit
turnover maintenance, preventive maintenance programs, other
routine maintenance, quality control and capital repair projects.
In our opinion, we have forged a relationship with Fort Polk housing
personnel of mutual trust and respect. Over the years, problems
have been consistently resolved in a fair and effective manner.
1990-2008 Commercial Buildings. The company purchased and renovated its first office building, V United Plaza, a 58,063 square-foot building located in the highly desirable United Plaza Office Park off of Essen Lane in Baton Rouge. Later, the 166,222 square-foot City Plaza building was acquired and renovated in 1999 and is often acknowledged as the most prestigious office building in downtown Baton Rouge. III United Plaza, a 60,000 square foot building, was purchased in 2001 and, like V United, serves as the business address for several corporate clients. In the summer of 2002, Wampold Companies completed the construction of Shaw Plaza, a 12-story 240,000 square-foot building. In addition to office space, the building offers tenants a cafeteria, a fitness center, 800-car parking garage and other ancillary services.
Chase North Tower
is a 200,000 square-foot class A office building. It was purchased
in 2003 and is regarded as one of the premier buildings on the
Baton Rouge skyline. With exceptional visibility and accessibility,
the property is located on the south side of Laurel Street between
North Fourth Street and North Fifth Street in downtown Baton
II City Plaza, another prestigious downtown office building, is currently under construction. It will be located adjacent to City Plaza in the heart of the Central Business District. The proposed structure will be connected to the existing building via a granite and glass breezeway and will cover the highly visible corner of North Boulevard and 4th Street. Adding to Baton Rouge`s most prestigious business address, II City Plaza will be a 16-story, 250,000 square-foot, Class A office building. It will complement the existing building but will allow for significant technological and aesthetic improvements, which one would expect from a 21st century CBD office space. A seven story, 700 space parking garage has been built to accommodate the tenants and visitors of both City Plaza and II City Plaza.
Wampold Companies’ current commercial portfolio
consists of four Class A office buildings, including the Shaw Plaza, Chase North Tower, City Plaza, and II City Plaza. III United Plaza
and IV United Plaza were sold in April of 2007.