The future of 30 prime acres on Nicholson Drive is in limbo after Goldman Sachs forecloses on the property

Insider
OFF THE DRAWING BOARD: A rendering showing designs for the River District, a mixed-use development that Lafayette oilman Michael Moreno planned along Nicholson Drive after buying up 30 acres in the area nearly a decade ago. The project is dead now that Goldman Sachs has foreclosed on the property and repurchased it for $20 million at a courthouse auction on Feb. 1. (File photo)

After a federal judge last fall cleared the way for Goldman Sachs to foreclose on the 30 acres of Nicholson Drive property that Lafayette oilman Michael Moreno had long sought to develop into a mixed-…


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