Ascension Business Report

🔒 Home price growth outpacing wages in Capital Region

The average wage earner in the Capital Region’s three biggest housing markets still can qualify to buy a house, though that may change as prices continue to rise faster than wages, a new national report suggests. 

🔒 Capital Region adds more than 2,300 businesses over two years

Economic uncertainty related to the pandemic and its fallout over the past two years didn’t stop entrepreneurs from launching new businesses in the Capital Region. 

🔒 Alford: Lieutenant governor’s race also developing

Technically no one has announced to run for governor of Louisiana in 2023. There...

🔒 Ascension weighs development changes before scheduled end of moratorium

Ascension Parish government will hold public meetings next week to discuss potential changes to its development code.

🔒 Six PPP fraud investigations underway in Baton Rouge 

U.S. Attorney Ronald Gathe says his office is currently prosecuting six additional cases of...

🔒 Site work for I-10 widening slated for next month start

Shovels will be in the ground by the end of next month as the state begins to widen Interstate 10 from La. 415 to the I-10/I-12 split, says Shawn Wilson, secretary of the state Department of Transportation and Development. 

🔒 California firm plans $750M biomass facility in Geismar

Origin Materials, a “carbon-negative materials company,” plans to invest at least $750 million to develop a biomass manufacturing facility in Ascension Parish, state and company officials announced this morning.

🔒 Road-widening agreement allows Ascension Parish subdivision to go forward

Dantin-Bruce Development has agreed to widen the road leading into its proposed 103-lot Windermere Crossing subdivision north of Gonzales, planning officials say. 

🔒 Baton Rouge General planning more neighborhood hospitals

Baton Rouge General Medical Center is planning to establish “a couple” more facilities along the lines of its Ascension Neighborhood Hospital over the next few years, CEO Edgardo Tenreiro says. 

🔒 LED confident blue hydrogen, carbon capture will reduce carbon footprint despite questions

Louisiana’s economic development department says projects promising to reduce the energy industry’s carbon footprint remain viable despite questions about the environmental benefits.Â