In June 2010, David and Terry Hebert purchased a 50-acre tract on River Road from Seaside Capital. The property is situated south of Farr Park, the BREC Equestrian Facility. The property was purchased for about $41,000 per acre. The Heberts had preliminary drawings completed and have applied for Planning Commission approval. The subject property will be developed as Cheval Point subdivision. GWS Engineering completed the preliminary plat. The lots are proposed to be 70 feet to 80 feet wide and about 150 feet in depth. There will be a total of 122 lots on the land. Streets will be asphalt paved with curbs, gutters and sidewalks. “The location, south of LSU, is easily accessible, and with improvements being made to Brightside Lane, traffic flow should be enhanced,” says Terry Hebert.
(Appraiser Tom Cook owns Cook Moore and Associates. Reach him at 293-7006 or TCook@cookmoore.com.)
