Before the end of the year, a Burlington Coat Factory could be up and running in the old Super Kmart on Ambassador Caffery Parkway.
Houston-based Fidelis Realty Partners purchased the old K-mart site this summer to make way for Burlington, which will occupy about 75,000 square feet of the almost 200,000 square foot building. Lafayette Consolidated Government permit records indicate that the total renovation project is valued at $4.5 million, including a $600,000 on demo and façade work that is now complete. Another permit for remaining tenant improvements is expected to be issued by local government this week. The building, which was built in 1994, has been vacant since 2003.
If the renovation project goes as planned, Burlington could be open by November.
A Fidelis rep could not be reached for comment Tuesday on whether the remaining space has been leased.
Burlington, headquartered in New Jersey, sells designer merchandise at discount prices. Its stores feature coats, apparel, shoes, accessories, baby clothes, furniture, toys, home decor items and gifts. It has more than 450 stores in 44 states.
When the Burlington deal was first announced in May, Fidelis also indicated that it had a letter of intent with Whole Foods to construct a store on an outparcel at the site. Fidelis, it turned out, spoke too soon — as Whole Foods immediately responded that it had not signed any such agreement. Since that time, a potential Whole Foods deal at that location appears to have gone cold.
Shoppers familiar with Louisiana-based Rouses Market might be surprised when they walk into the new third location set to open at the Corner of Johnston Street and Duhon Road south the Acadiana Mall on Wednesday.
Noted architect and co-founder/principal of Architects Southwest receives highest honor given to former student.
Know an innovator, job creator and visionary with a penchant for hard work? We want to know that person.
If you care about the wellbeing of Louisiana’s college students, vote against Amendments 1 and 2.
A Mandeville media consultant with big name political connections pleaded guilty Monday to a series of federal mail fraud charges.
Despite a decline in global oil prices affecting the outlook for domestic ethylene producers, South African company moves forward.
1,595 rigs were exploring for oil and 332 for gas. A year ago there were 1,738 active rigs.
Prestigious honor annually recognizes a single attorney for excellence in public interest/pro bono work.
JPMorgan Chase is giving $1 million to Louisiana's community and technical colleges, to help with workforce training efforts to match students to available jobs.
Law firm unveils newly renovated 200-year-old building.
UL grad named web developer at BBR Creative
Lafayette-based emergency department staffing and management company raises $120 million in senior credit facilities through GE Capital, Healthcare Financial Services.
High-rise apartment building, parking garage, hotel and retail part of new development.
The number of Louisianans with jobs continued to set records in September, but the state's unemployment rate kept rising.
Louisiana is drowning, quickly.
An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion.
Local developer’s Lake Charles Gardens LLC purchases buildings and leases; land still owned by Dugas family.
Economist Loren Scott says Louisiana is in the midst of an industrial boom unlike any other in its history, with more than $100 billion in industrial projects either under construction or in the engineering and design phase.
The Louisiana Treasury holds $18 million in Israel Bonds — bonds that earn 2.868 percent when the three-year U.S. Treasury is yielding 1.08 percent.
ABiz celebrates another class of Acadiana's most influential female trailblazers, the Lourdes Foundation honors a local philanthropist and MedExpress in Opelousas celebrates its 22nd year as the “little ambulance service that could.”
Is Louisiana’s O&G industry ready to head south of the border?
Downtown’s newest live-work space for creatives doubles as a gallery for other upcoming artists to show their work.
A maritime case originating in Lafayette federal court could become a game changer for the oil and gas industry.
Here’s what’s at stake in the November Senate race — regardless of whether Republicans gain control of the upper chamber.
From the publisher’s in-box: ABiz reaches out to Lake Charles, time to “Come Home, Louisiana,” and now accepting nominations for Entrepreneur of the Year.