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Land on Greenwell Springs sold for apartment development

A 12.6-acre tract on Greenwell Springs Road has been sold to a Louisville, Ky., development company for $1.3 million. LDG Development bought the land, between North Sherwood Forest Drive and Monticello Boulevard, with plans to start construction on Mallard Crossing, a 188-unit apartment complex, by the end of the year, says Ty Gose of NAI/Latter & Blum, who represented the buyer. Gose says the development will be affordable housing, aimed at tenants such as teachers, firefighters and police. Danny Watts of Sealy & Falgoust Realtors represented the sellers. Mallard Crossing has been in the works for awhile, but the project was delayed because of trouble in the credit markets. LDG has built apartment complexes in Louisville and Indianapolis and is working on a project in New Orleans.

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A vote YES for me! For only about $8 extra a month there will be plenty of improvements to go around. This plan can truly take BR to the next level!

Holden cites advantages of plan

Holden noted his ambitious program includes $45 million to synchronize traffic signals at major intersections that will save commuters more than they will pay in extra property taxes on average. To fund the program, Holden is asking voters to approve the proposition in a tax election Nov. 4 that will boost property taxes by 9.9 mills and sales taxes by a half cent, except food and drugs.

Holden said his proposal will cost the average East Baton Rouge homeowner about $8.25 per month in property taxes, based on the average home valued at $172,500 before the homestead exemption.

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Keeping an eye on the site... wonder what the plans could be?? This building is scheduled for demolition(not sure when?) at the corner of Fourth and Laurel. This is a prime location for a Landmark Tower mixed-use IMO between Chase Towers(off pic right) and One American Place. Maybe Capitol One Bank could move here and build a tower??

There is a nice-sized surface parking lot on the other side that they can work with.

81008025lq3.jpg

*pardon the rear-view mirror at the bottom :lol:

Edited by richyb83
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Keeping an eye on the site... wonder what the plans could be?? This building is scheduled for demolition(not sure when?) at the corner of Fourth and Laurel. This is a prime location for a Landmark Tower mixed-use IMO between Chase Towers(off pic right) and One American Place. Maybe Capitol One Bank could move here and build a tower??

There is a nice-sized surface parking lot on the other side that they can work with.

81008025lq3.jpg

*pardon the rear-view mirror at the bottom :lol:

I am very excited about this property as well.

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Keeping an eye on the site... wonder what the plans could be?? This building is scheduled for demolition(not sure when?) at the corner of Fourth and Laurel. This is a prime location for a Landmark Tower mixed-use IMO between Chase Towers(off pic right) and One American Place. Maybe Capitol One Bank could move here and build a tower??

There is a nice-sized surface parking lot on the other side that they can work with.

81008025lq3.jpg

*pardon the rear-view mirror at the bottom :lol:

Any inkling of what if anything is actually going on here or just wishful thinking? I hope some high rise goes there but I haven't heard of any other new development planned lately.

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Mostly just wishful thinking. But something only multi-storied would do this site any justice.

What yall's opinion of this building?? Does it really belong at that location on Fourth Stret in the CBD??

Keeping an eye on the site... wonder what the plans could be?? This building is scheduled for demolition(not sure when?) at the corner of Fourth and Laurel. This is a prime location for a Landmark Tower mixed-use IMO between Chase Towers(off pic right) and One American Place. Maybe Capitol One Bank could move here and build a tower??

There is a nice-sized surface parking lot on the other side that they can work with.

81008025lq3.jpg

*pardon the rear-view mirror at the bottom :lol:

Any inkling of what if anything is actually going on here or just wishful thinking? I hope some high rise goes there but I haven't heard of any other new development planned lately.
Edited by richyb83
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At the most I could only see a 5-10 story building going up here. Until RiverPark/RiverPlace/River Center (at lot of "Rivers" :wacko: ) go up, no one else will try to build something tall.

Yeah Dan that's about what I was thinking for that location; something in the 5 to 10 story range. RiverPark said their residential would not be any taller than 16-stories; if that ever gets built??

Downtown BR's Class "A" occupancy rates are hovering at a remarkable 98%!!! That along with Moret & Jindal luring business to the area at least gives me some hope. Currently the new II City Plaza is around 3/4leasing space accounted for?? Class B is what's struggling; which nobody seems to want anymore.

Edited by richyb83
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The new Woman's Hospital plans sure do sound impressive! The Pecue extension/re-alignment to Stumberg will be nice and should tie-in well with the new I-10 interchange.

Another impressive development is putting the finishing touches up... The Crescent at University Lake is a fantastic looking upscale condo project! This will make a nice gateway to LSU from Stanford Ave. where they also added a median on the 1/4 mile stretch of. This will make for a more pedestrian-friendly area + improvements to BR Beach/Wampold Park.

81008027qr2.jpg

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A good example of a development that could be much better with better connectivity. Here's a link to their site. They have some maps of the property there.

http://www.jamestownatoldperkins.com/index.htm

Perkins development pre-sells 30 homes

Alvarez Construction has pre-sold 30 homes in its sprawling, 100-acre Jamestown at Old Perkins development at Perkins Road and Pecue Lane.

Developer Jairo Alvarez said Wednesday that construction is set to start next week on the homes in the Lakes at Jamestown, the residential part of the larger project. The houses will range from 2,000 to 2,400 square feet. Prices will be in the $250,000 range.

After buying the 108-acre tract for $8.3 million in January 2007, Alvarez unveiled plans for a mix of residential, commercial and retail development. The project includes the rerouting of Pecue Lane on the north side of Perkins so that it forms a direct connection on the south side.

http://www.2theadvocate.com/news/business/27535624.html

Edited by nquint1
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Jarreau Cos. begins Perkins renovation

Donnie Jarreau Cos. has filed a $1.3 million permit to renovate and rebuild the former Perkins Hardware site that burned in late 2006.

Jarreau will complete a 13,400-square-foot project in the Perkins Overpass District that calls for two to three ground-floor restaurant/retail spaces and two to four adjoining apartments. The project, called the Perkins Renaissance Development, should be completed in the first quarter 2009, said company spokeswoman Sage Roberts.

Jarreau has a

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  • 3 weeks later...

Acadian Village redevelopment

Commercial Properties Realty Trust has filed plans for a redeveloped Acadian Village shopping center, which will include retailers, restaurants and 53 rental units. The shopping center at Perkins Road and South Acadian Thruway will include more than 100,000 feet of retail space spread out over five buildings. Apartments will be built above two of the buildings; rents have not been set but they will be priced at market rates. While no construction timeline was announced, there had been earlier talk that work would start in the first half of 2009.

AcadianVillagefiling_.jpg

AcadianVillagefiling2edit.jpg

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Office-warehouse project to open by December

"The first units of a new $6 million office-warehouse condominium project between Airline Highway and Coursey Boulevard will open by the end of the year, the lead developer said Tuesday.

According to plans, Buckhead will offer 16 to 18 brick-and-wrought iron units that combine office and warehouse space and range between 2,600 and 12,000 square feet. The site also will have two larger retail spaces for a total of 48,000 square feet."

http://www.2theadvocate.com/news/business/28491324.html

biz%20buckhead%20091708.jpg

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More on this big-time development next to the new Woman's Hospital...one can only wonder what will become of the old Woman's Hospital?? :dontknow:

Woman's Hospital plans large mixed-use development next to new facility

Woman's Hospital is scheduled to go before the city-parish Planning Commission next week to receive approval for a 76-acre mixed-use development it wants to build next to its $299 million hospital campus. Woman's is proposing a development with a mix of housing, office and commercial space at what is currently the Briarwood Golf Course. Plans are to build 307 single-family homes and townhomes and 544 multi-family units on the property, along with a hotel, 1.7 million square feet of commercial and office space and 54,600 square feet of restaurants. Although the development isn

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Canes moves HQ to Dallas.

Business Report

Raising Cane's to open Dallas office

Raising Cane's says it plans to open an office in Dallas within the next six months, part of an effort to help the fast-growing chicken fingers chain become even bigger. Cane's CEO Todd Graves will continue to work out of the company's downtown Baton Rouge offices, but several divisions, including marketing, human resources, accounting/finance, development and operations management will move to Texas. "Dallas is a really solid, natural fit for the scale of growth we want to do," says Jamie Griffin, Cane's manager of business development. Dallas is a cluster city for restaurants; 28 of the nation's 400 largest dining chains have headquarters in the city. This will make it easier for Cane's to get the kind of top-flight executive talent needed to boost the company from its current level of $125 million in annual sales to its goal of $500 million, Griffin says. "Our vision is relentless. We want restaurants all over the world," he says. Regional operations and marketing to support Louisiana restaurants are some of the divisions remaining in Baton Rouge. It hasn't been determined yet how many employees will work out of the Dallas office.

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