Economic Development

Business expansions, relocations, incentives, and investment fueling economic growth across the Baton Rouge area.

Baton Rouge real estate comes to post-pandemic life

While most real estate sectors are rebounding as expected, experts are trying to make sense of the inexplicable surge in residential activity.

Single family: Suddenly a seller’s market

The single family residential sector is seeing a surge in activity—and prices—as pent-up demand and low interest rates meet delays in new construction and tighter supply.

Multifamily: An uncertain future

The pandemic didn’t wreak the predicted havoc on multifamily, but apartment inventory far outstrips demand and there aren’t nearly enough new jobs on the horizon to absorb it.

Commercial: Office workplace disruption

Pandemic restrictions are ending but will enough workers return to stabilize what was already a soft office market?

Retail: Intact but not unscathed

The pandemic didn’t crush the retail market, but it did accelerate worrisome trends that were already underway—especially on the e-commerce front.

Industrial: Land of opportunity

There were challenges but the strength of the industrial real estate sector withstood them all and now faces a promising future.
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Stephenson Stellar Corp., a new, nonprofit corporation based in Baton Rouge and founded by...

Cassidy reintroducing bill to create NTSB-like board for studying natural disasters

U.S. Sen. Bill Cassidy, R-La., is joining U.S. Sen. Brian Schatz, D-Hawaii, in reintroducing...

Three executives share how their Louisiana companies were able to thrive in 2020 

It has been an incredibly challenging year in the industrial space. Even so, Louisiana...

LABI collecting worker shortage data in effort to end enhanced jobless benefits

The Louisiana Association of Business and Industry is conducting a survey of businesses around the state that are struggling to hire workers as they seek to resume normal operations.
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