An Atlanta-based company is entering the Lafayette market with a unique $8 million student-cottage complex on Coolidge Street at General Mouton.
The back of the complex, across from the old Rodemacher plant, is in the 1800 block of West Pinhook Road, what was once the site of Evangeline Motors.
Cottage Landing Partners, a subsidiary of Barnhart Guess Properties, is developing the 47 cottages with 189 bedrooms, says Frank Klemenc, director of architecture, planning and construction for Barnhart Guess. Barnhart Guess handles leasing, management and development of mostly mixed use and retail space, as well as retirement communities, throughout the Southeast but is now branching out into student housing. “We’re starting to do these all over the country where there is a need,” Klemenc says.
Called Cottage Landing, the gated Oil Center complex will offer three-, four- and five-bedroom options. Students will pay $530 per bedroom for a five-bedroom cottage, $540 per room for a four bedroom and $550 for each room in a three-bedroom cottage. Amenities include a resort-style swimming pool and sun-bathing patio. Pre-leasing of units is under way.
Demolition work is under way on Pinhook Road for a new student housing complex offering cottage-style units starting at $530 per bedroom.
Court records show that another Barnhart subsidiary, Red Lafayette LLC, purchased the 4-acre tract of land in mid-December for $1.25 million from Evangeline Oil Realty Co., which is owned by former U.S. Rep. Jimmy Hayes and several of his family members. The Pinhook Road location once housed Evangeline Motors but most recently was occupied by Styles Fashion Outlet.
Including the cost of the land, Klemenc says about $8 million will be invested in the development.
Thursday’s explosion aboard an oil production platform in the Gulf of Mexico is now under investigation by the Bureau of Safety and Environmental Enforcement.
Money from the first and only settlement so far in a Louisiana flood board's lawsuit against dozens of energy companies will be placed in a special account dedicated to coastal restoration.
BP is heading to a federal appeals court in its effort to oust the administrator of damage settlement claims arising from the 2010 Gulf of Mexico oil spill.
The 59-41 Senate vote was one shy short of the 60 needed to clear the House-passed measure.
Spot bonuses to employees who go above and beyond on projects one of several reasons national mag calls BR-based biz bank a cool place to work.
The Director Search Committee interviewed the five men still in the running via video last week and is set to trim the field this week.
Telecom’s decision to halt deployment to more than 100 cities while it awaits net-neutrality rules appears to be little more than a temper tantrum.
Environmental (and political) junkies got a double fix when The Lens hosted a discussion between its environmental writer and the lead attorney in the levee board suit.
Follow The IND to hear Lens environmental reporter Bob Marshall's interview with Gladstone Jones, the lead attorney in the lawsuit against the oil and gas companies for coastal damages.
The $35B deal leaves the burning question about what it will mean for the thousands of these two service giants' local employees.
Broussard & David set up shop at the corner of Jefferson and Vermilion.
in light of falling oil prices, Forbes asks, “Will there be more?”
Lake Charles lets Acadiana companies in on the action as our neighbor to the west prepares for unprecedented growth.
A new study analyzes the state of the Lake Charles region and the impact 19 industrial projects will have on residents.
A U.S. magistrate judge calls “garbage” on behavior of attorneys for Progressive Waste Solutions.
The Lafayette food truck scene is slowing down but not stopping.
Lake-area financial institutions seeing green.
As the Lake Charles region ramps up for record-setting growth, ABiz lays out the challenges and opportunities ahead for South Louisiana.
Who was hired and promoted in Acadiana business?
Louisiana’s Ragin’ Cajuns are driving innovation in Louisiana.
The boom is coming, and McNeese is ready for it.
It’s time for Lafayette and Lake Charles to embrace “coopertition.”
We can make Acadiana — in reality and reputation — the best place in the South for a great career in an idyllic family environment.
Lake Charles’ technical community college wasted no time developing programs to prepare the area’s workforce.
With the help of WISE grant funding, SLCC is poised to help meet the region’s exploding demand for skilled workers.