Commercial and residential real estate across the Capital Region — development projects, property sales, construction, and the market trends driving them.
Planning work continues on a new bridge across the Mississippi River to alleviate local traffic on Interstate 10 through Baton Rouge, a consultant for the project said Monday.
Several housing economists are projecting that mortgage rates will ease moderately next year, though the forecasts call for the average rate on a 30-year home loan to remain above 6%.
Planning staff members are recommending that the East Baton Rouge Parish Planning Commission deny local developer Windy Gladney’s proposal to develop some 33 acres off of Burbank for commercial use.