Commercial and residential real estate across the Capital Region — development projects, property sales, construction, and the market trends driving them.
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.
Contractors have received the go-ahead to begin construction on Drakes Landing, the nearly 300,000-square-foot multifamily development planned for North Ardenwood Drive.Â
Irving, Texas-based The Medve Group has bought the 299-unit Citiscape at Essen Apartments community on Mancuso Lane, across the street from the Piccadilly on Essen Lane.Â