The Chase Towers in downtown Baton Rouge will get a new name in the new year, says developer Mike Wampold, who is planning to rebrand his iconic high rises as I & II River Mark Center
While 2020 could have been a year that decimated commercial real estate, the office and retail sectors in Baton Rouge remain relatively healthy as the year comes to a close, though there’s plenty of uncertainty and some concern about what lies ahead.
Amid low interest rates, the Baton Rouge area saw a healthy single-family residential real estate market throughout 2020, with the number of home sales and median sale prices rising year-over-year and inventory shrinking.
Hopes were high for Baton Rouge’s trio of riverboat casinos stepping into the new year and next decade after breaking the market’s two-year losing streak at the end of 2019 and carrying the first two months of the year with growing revenues.
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The LSU Board of Supervisors has opted not to call a special board meeting that had been tentatively planned for Tuesday to consider moving forward on a lucrative, long-term contract to modernize the energy system on the main Baton Rouge campus.