Real estate recap: BREC buys land for Central park … Sale price for Millennium apartments disclosed

Author Profile Image
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

Park should open in two years: BREC has purchased 50.6 acres of land in Central for a new park. The recreation department paid $693,542 for the land at Hooper and Lovett roads in a deal that closed Friday. Plans are to build a Central Community Sports Park with six baseball and softball diamonds and jogging trails.

Big deal: Thompson National Properties paid $39.75 million for the Millennium Towne Center, an upscale Jefferson Highway apartment complex, according to court filings. Thompson, based out of California, purchased the 276-unit complex from the Dinerstein Companies in a deal that closed earlier this month.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business