Property for Tapestry Park off Jefferson Highway sold to developer for $1.56M

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Construction got underway today on the Tapestry Park multifamily complex off Jefferson Highway following the closing on land for the development Friday.

Birmingham, Alabama-based Arlington Properties bought the roughly 4 acres of vacant land, which is located just behind Panera Bread in the Bocage neighborhood, from Saamia Development LLC for $1,556,172, according to sales documents.

Arlington Properties Vice President Dave Ellis says the 124-unit development should take about 10 to 12 months to complete.

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“It should open in late fall 2016,” he says.

When it was proposed early this year, Tapestry Park met with opposition from residents and some nearby businesses, who were concerned about increased traffic in the area. Eventually, the Metro Council approved the necessary rezoning measure, due in large part to extensive outreach efforts with neighborhood groups on the part of the developers.

Aside from the development off Jefferson Highway, Arlington Properties is also developing a 276-unit multifamily complex at Long Farm on Airline Highway. That project got underway about a month ago. The projects are the first in the Baton Rouge market for the company, though it plans to pursue further developments here due to what it sees as excessive demand for multifamily projects.  

—Steve Sanoski

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