Business News

Breaking news, company moves, economic trends, and the deals shaping Greater Baton Rouge and the Capital Region.

Virus roundup … 

• Three area blood banks are offering a free COVID-19 antibody test with any...

US Senate looks to fast-track easing of PPP rules

Senate Majority Leader Mitch McConnell wants to expedite approval of changes to the Paycheck...

Capitol City Produce adds Rouses account, launches new fleet

Capital City Produce is now supplying produce to all 64 Rouses supermarkets across the Gulf South.

Where does the Baton Rouge real estate market go from here?

What’s certain is that every Baton Rouge-area real estate sector has been negatively impacted by COVID-19; unknown is what the recovery will look like and when will it come?

Single family: Taking a ‘wait-and-see’ approach

The residential market was sending mixed signals prior to COVID-19, and while no one is predicting gloom, there’s too much uncertainty to pinpoint the sector’s short-term future.

Multifamily: A portrait of oversaturation

Despite supply outpacing demand, apartment complexes are still being built in Baton Rouge, especially around LSU’s campus.
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Commercial: Market correction?

While some predict a seismic shift in the Baton Rouge office market, most argue such fears are exaggerated.

Retail: Just a bad dream?

No real estate sector has been harder hit by the pandemic than retail, and its recovery depends on tenant-landlord compromise and the willingness of consumers to get out and spend.

Industrial: The lull continues

A double whammy of an oil price crash and a pandemic thwarts what was supposed to be a rebound year for the industrial sector in Baton Rouge and south Louisiana.

Phase two gives restaurants more flexibility on spacing of tables

Restaurants and bars that serve food will have considerably more flexibility to configure their dining rooms under the new phase two guidelines.
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