Moving along: The developers behind Arlington Marketplace, a Rouses-anchored shopping center planned at the corner of West Lee and Burbank Drives, purchased for $6.2 million a 17.5-acre site for the new shopping center. The deal closed on Friday, Ben Graham and Justin Langlois of SVN | Graham, Langlois & Legendre announced via email. The purchaser is Eisenberg Co., a full service commercial real estate development, leasing and management company based in Phoenix. As first reported in December, Arlington Marketplace is a large-scale development that will include more than 125,000 square feet of retail space as well as two pad sites along Burbank Drive. In addition to Rouses, the shopping center will be home to 10 to 12 small retailers, quick service restaurants and a midsize box store. Graham says the tenants for soon will be announced. Rouses is scheduled to open in spring or summer of 2018.
Up and running: Roughly eight months after widespread flooding devastated homes and businesses in the Capital Region, Our Lady of the Lake Physician Group has reopened the last of its three displaced clinics. Primary Care of Denham Springs has reopened at 311 Veterans Blvd. after serving patients at a nearby clinic in Walker during the past several months. The clinic took on roughly two feet of water during the flood and its patient population was also the heaviest hit, with more than 90% of area homes suffering flood damage, OLOL says. Our Lady of the Lake Physician Group North Point clinic at 18901 Greenwell Springs Road reopened in March while Our Lady of the Lake Physician Group Internal Medicine and Pediatrics Group reopened in its original location at 6516 E. Myrtle Ave. in Baker in January.
Another battle: Republican Attorney General Jeff Landry sued Democratic Gov. John Bel Edwards’ administration today, accusing it of improperly withholding $4 million owed to the attorney general’s office for operations. The Associated Press reports the lawsuit alleges Edwards’ Division of Administration refused to transfer the money to an escrow account belonging to the attorney general’s office, causing problems running the agency and blocking the money for “reasons that are clearly frivolous and legally unfounded.” The dollars at issue in the lawsuit are from a 2014 pharmaceutical settlement that the Edwards administration has said is legally Landry’s dollars to spend. Edwards says Landry’s lawsuit against him is “nothing more than a dog and pony show.” Read more.
