The Independent in Lafayette reports that River Ranch is moving ahead with plans to build a $16 million apartment complex, despite a sluggish economy. The newspaper reports that land along River Ranch and Settlers Trace boulevards has been cleared, and supplies are expected to arrive this week. The development – called Main Street Annex – will consist of 143 apartments ranging in price from $800 to $1,500 monthly. River Ranch is Louisiana’s first traditional neighborhood development designed by New Urbanism architect Steve Oubre. It lies south of the Vermilion River, and is home to 2,000 residents as well as a mix of retail, dining, and professional services all within walking distance. To read the full story, click here.
River Ranch moves ahead with $16 million apartment complex
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