ISTOCK 42348272
TENASKA NG FUELS, the Nebraska-based developer of a natural gas liquefaction facility that was planned for an 80-acre site off Scenic Highway near Devil’s Swamp, is still pursuing the project—even though most of the land has been sold to a New Orleans construction company. Executives with Tenaska, which first announced plans last fall to develop the Tenaska Bayou LNG with Houston-based partner Waller Marine, say they have identified 12 potential new sites between Baton Rouge and New Orleans and still hope to develop the facility. It is expected to initially be capable of producing 200,000 gallons of LNG daily to supply brown-water vessels on the river …
ISTOCK 8731193
LAKE POINTE CENTER, a 18,200-square-foot shopping center at 19900 Old Scenic Highway in Zachary that houses a Jambalaya Shoppe, Papa John’s and FASTLane walk-in clinic, among others, has been sold to Natchez, Mississippi-based investors for more than $2.26 million. The buyers are Geronimo Hardwood Timber and Vidal Davis; the seller, Victoria Investment Properties, built the center on a 1.5-acre parcel about eight or nine years ago. No immediate tenant changes are planned …
ISTOCK 26351636
A FEDERAL COURT RULING has cleared the way for developer George Robinson to seek damages from the city-parish and the Planning Commission for denying preliminary approval of Mallard Trails, a 57-acre subdivision he was trying to develop off Hoo Shoo Too Road. In April 2013, the Planning Commission rejected Robinson’s proposed 90-lot Mallard Trails, which was opposed by area residents because of fears of increased traffic, road safety and drainage problems. In a March 20 ruling, U.S. District Judge John deGravelles refused to throw out the suit, saying that Robinson has a right to pursue damages …
PHOTO: Bubble head of John Jackson from March 3 issue
THOUGH CREATIVE BLOC opened late last year at the corner of Eighth and Main streets downtown, the shared workspace for creative professionals has only now celebrated its grand opening. Recent Business Report/Junior Achievement of Baton Rouge Young Businessperson of the Year honoree John Jackson invested more than $3 million over the past two-and-a-half years acquiring and renovating the building it into an 11,500-square foot shared workspace. He conceived the idea when looking for space for his growing video production company, Launch Media …
PHOTO: Bubblehead of Steven St. Cyr
WHO REALLY OWNS IT?
Three acres of land
15339 Airline Highway
The defunct hotel that sits on this tract just south of Highland Road won’t remain for long. New owner Steven St. Cyr’s Vivid Ink Graphics plans to tear it down and build two pad sites for a future long-term tenant seeking access to Airline Highway. His first task: Getting it rezoned from residential to commercial, which he’s hoping to accomplish by year’s end. Vivid Ink bought the investment property after selling the company’s former headquarters at 11710 Cloverland Court.
CLOSING: March 2015
SALE PRICE: $880,000
BUYER: Vivid Ink Graphics, whose owner is Steven St. Cyr
