Economic Development

Parker Host opens Avondale Global Gateway

Parker Host announced last week that it had transformed the former Avondale Shipyards into...

Downtown parking kiosk installation begins, months away from operational

A contractor has begun installing new parking kiosks in downtown Baton Rouge as part of the process of replacing the city’s antiquated meters. 

Commercial real estate sales volume hits $952M, an eight-year high 

This year to date has seen a volume of $952.7 million in commercial real estate sales completed through September

As Belle of Baton Rouge prepares upgrades, adjacent buildings go on the market for $5M

Two buildings that have been part of the Belle of Baton Rouge’s operations, and Catfish Town before that, are on sale as a pair for $5 million. 

ITEP analysis concludes reforms boosted Louisiana business climate 

A new analysis found that reforms to Louisiana’s popular industrial tax subsidy appear to have strengthened the state’s business climate.

Low water levels on Mississippi River pose another economic threat 

The U.S. supply chain might be on the receiving end of a 1-2 punch that could crater an economy veering toward a possible recession.
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Enticing downtown workers to stay past 5

Tourists visiting BRASS by Circa 1857 in the heart of downtown Baton Rouge often have the same question: Is it always this quiet? 

BRAC: Capital Region adds 5,200 jobs in August 

Baton Rouge added 5,200 jobs in August, and jobs are up 10,000 year over...

US unemployment claims rose last week 

The number of Americans applying for unemployment benefits rose slightly last week but remains historically low even as the U.S. economy

Louisiana petrochemical sector betting big on carbon capture 

For decades, mounting concerns about climate change and the growing scientific consensus that carbon dioxide emissions contribute to a warming planet were seen as existential threats to Louisiana industry