Most of the significant real estate projects in recent Baton Rouge history trace their origins to the 1990s. That’s when a strong national and state economy, coupled with record-low interest rates, spurred a wave of development.
Major new shopping centers such as CitiPlace, Siegen Lane Marketplace and the Mall of Louisiana opened their doors to meet the demand caused by economic woes of the 1980s which included a 21.5% interest rate, the collapse of the oil market and a tax reform package that wiped out depreciation deductions and tax shelters.
Here are eight notable developments that have transformed Baton Rouge over the past 25 years:
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