Economic Development

Restaurateur Chad Hughes buys Third Street property for $1.7M

Hughes is in the process of opening a new Mexican restaurant, Rio Tacos and Tequila, on the ground floor of the building, beneath City Bar, and is one of many projects in the works for the local restaurateur. 

BRAC: Capital Region sees ‘positive economic trends’ from hosting Laura evacuees

Once an influx of spending from hurricane evacuees subsides, local businesses will get a...

Loren Scott: ‘This has been the toughest forecasting market we’ve ever faced’

Economist Loren Scott says there are two large uncertainties to keep in mind when projecting economic recovery through 2022—a vaccine and the presidential election. 

Downtown multifamily real estate market sees boost in rentals

Between a pandemic and hurricane season, downtown’s residential real estate market is the strongest it’s been in years, according to some local agents and developers, with occupancy rates rising.

Best Places to Work executives weigh in on workplace issues

Business Report asked executives of Best Places to Work companies to share some words of wisdom addressing pressing workplace topics.

Valencia Park apartments gets go-ahead for construction in Spanish Town

The developers of Valencia Park, a new apartment complex planned in Spanish Town, received a permit to start construction on the 122-unit development last week. 
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Trying to turn the tide on saltwater intrusion into Baton Rouge aquifer

Finding the money to address saltwater intrusion into the Southern Hills Aquifer is proving to be a challenge for the Capital Area Groundwater Conservation Commission.

Gov. John Bel Edwards releases phase three details

Most Louisiana businesses and schools will be allowed to expand their operations under the...

Louisiana sees nearly 52% rise in weekly initial unemployment claims

Initial unemployment insurance claims in Louisiana rose to 24,566 last week, up from 16,191...

Homebuilder buys 21 lots off Jones Creek Road for $1.2M

Doing business as Highlandia Trace LLC, Sarepta Homes Inc. paid $1.2 million for 21...