Commercial and residential real estate across the Capital Region — development projects, property sales, construction, and the market trends driving them.
The seven-story State National Life Insurance building on Third Street, one of Baton Rouge’s first major office buildings, may be closer to coming back to life.
Plans are for the subdivision, which will be south of the intersection of South Tiger Bend and Hoo Shoo Too roads, to have 194 single-family residences.
Sales of multifamily complexes have cooled in Baton Rouge amid a national slowdown fueled by higher interest rates, banking fears and slowing rent growth.Â
Private homebuilder DSLD Homes LLC has purchased 64 lots in the Evergreen Estates subdivision for $3.26 million, according to the East Baton Rouge Parish Clerk of Court's office.
New Orleans Key North Boulevard LLC has purchased a vacant office building on North Boulevard for $5.5 million, according to the East Baton Rouge Parish Clerk of Court's office.
A former officer with the Louisiana and national associations for homebuilders says the state’s current building code is fine, but funding a program to help homeowners pay for retrofitting their roofs to better withstand storms would be a good idea.Â