Commercial and residential real estate across the Capital Region — development projects, property sales, construction, and the market trends driving them.
Wilbert’s Sons LLC, a family-owned and operated land management company, sold The Island Golf and Country Club in Plaquemine to Bultra Properties earlier this week.Â
Capital Region home sales continued to surge in August, beating last year’s figures for a third consecutive month as the market continues to stabilize after months of historic lows earlier this year.Â
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.
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.Â
Lululemon is moving into the outparcel in the Acadian Village Shopping Center that formerly housed Provisions on Perkins and, previously, Galatoire’s.
The LSU Board of Supervisors is expected to approve LSU’s request to sell the former Earl K. Long Medical Center site to clear the way for redeveloping the vacant property.