Economic Development

First units at I Rivermark Centre scheduled for completion in mid-2022

The first three floors of multifamily units in Mike Wampold’s I Rivermark Centre are tentatively scheduled for completion in mid-2022.

Is COVID, hurricanes enough reason for companies to miss ITEP requirements?

Manufacturing companies that utilize Louisiana’s Industrial Property Tax Exemption Program but don’t hit their employment and payroll targets will be asked to justify keeping their exemptions. 

The future of workplace flexibility   

What does true flexibility at work look like? Most organizations approach it in one...

OLOL, Mary Bird Perkins split apart over issues surrounding long-term growth

Planning for the new Our Lady of the Lake cancer institute has been in the works, at least in broad terms, for months.

Film and TV union votes to authorize strike

Almost every voting member of the union that represents people who work behind the scenes in film and television in Louisiana has joined their colleagues across the country in authorizing a nationwide strike, a representative of the local chapter says. 

Carvana applying to build Baton Rouge location, its first in Louisiana 

Online car seller Carvana submitted a rezoning request with the Baton Rouge Planning and Zoning Commission last week to build its first Louisiana location, on Reiger Road.
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News alert: OLOL announces plans for $100M cancer institute

Our Lady of the Lake Regional Medical Center is investing $100 million to establish a new regional cancer center that will be branded as the Our Lady of the Lake Cancer Institute.

Nexus’ PitchBR competition returns in November 

Nexus Louisiana’s PitchBR is coming back in November after a pandemic hiatus and is seeking entrepreneurs and business owners to pitch ideas at the first PitchBR event. 

Bernhard energy services firm to be acquired by global investment fund

DIF Capital Partners, a global infrastructure investment fund manager, today announced an agreement to acquire Bernhard, LLC, the New Orleans-based energy services firm owned by Baton Rouge-based private equity firm Bernhard Capital Partners.

Inside the broken supply chain squeezing businesses everywhere

The commercial pipeline that each year brings $1 trillion worth of toys, clothing, electronics and furniture from Asia to the U.S. is clogged and no one knows how to unclog it.