New subdivision planned off Burbank Drive

Dantin Bruce Development Co. has purchased about 50 acres off Burbank Drive between the LSU campus and Staring Lane and will begin clearing dirt next week for a 184-lot residential subdivision called Magnolia Lakes, says developer Brian Dantin. The land deal was completed Tuesday, at a price of $2.2 million. The seller was listed as Grand Oaks at Highland LLC. The land is located next to Meadow Bend subdivision and across the street from Pelican Lakes; it was formerly slated to be developed as Grand Oaks subdivision by the previous owner. “We’ll have the first lots ready within five months, and they’re all pre-sold to a builder,” Dantin says. The first phase of development will include about two dozen homes. While the specifics are not yet nailed down, home prices will be “in the entry-level range,” says Dantin, whose company is also currently developing the Perkins Lane subdivision off Perkins Road and 333 Lofts near LSU. —Steve Sanoski