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.
Authorities said that a Chevron Corp. subsidiary was still releasing natural gas Sunday from a pipeline off the Louisiana coast where a Saturday incident killed a maintenance worker.
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The state labor department figures released Friday show the initial claims decreased to 1,961 from the previous week's total of 2,237. For the comparable week a year earlier, there were 2,190 claims.
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The feds say Donald Domingues reported $259,725 as income and paid $64,909 in taxes but he allegedly failed to mention a $351,000 sales commission, which would have bumped his income up to just over $610,000 and his tax liability to $186,000.
Year-to-date sales are outpacing 2013 by 4.7 percent.
“The connector is a crucial part of the larger I-49 South project from Lafayette to New Orleans that would convert U.S. 90 into an interstate-quality roadway.” — U.S. Sen. Mary Landrieu
Despite what was said at a coastal forum in New Orleans last month, oil and gas insiders contend a settlement is not in the stars for the massive lawsuit filed against nearly 100 energy companies by the Southeast Louisiana Flood Protection Authority-East.
Environmentalists, fishermen and others are celebrating a federal judge's ruling that could mean $18 billion in additional fines for BP over the nation's worst oil spill.
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Halliburton's agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP Gulf of Mexico oil spill could be a way for the company and victims of the spill to avoid years of costly litigation — if all the pieces fall into place.
BP says it recently obtained correspondence between Patrick Juneau's Lafayette law firm and the Gulf Coast Claims Facility showing he argued for liberal compensation, flexible documentation requirements and other terms that would help Louisiana claimants at BP's expense.
A replacement is expected by January to fill the vacancy left when Greg Roberts resigned after allegedly pointing a fake gun at an engineer during a June meeting.