(For more retail coverage, click GlobeSt.com/RETAIL.)
PLAQUEMINE, LA-Bayou Plaquemine, 13 miles south of Baton Rouge and 60 miles northwest of New Orleans, is on its way to reinventing itself as city officials plan to break ground in late 2007 on the third phase of an estimated $5-million, mixed-use waterfront project.
Plaquemine Mayor Tony Gulotta, who is orchestrating the project, couldn't be reached for comment by GlobeSt.com's publication time. But city hall sources and sources in Baton Rouge intimate with the project tell GlobeSt.com the third phase will have a 70-room Best Western Inn, an expanded boardwalk that already stretches for 1,000 feet and a 10,000-sf open air amphitheater.
"This is a big deal for Plaquemine," a Baton Rouge real estate source tells GlobeSt.com, largely because the bayou was used for almost 30 years as a dumping ground for waste material by local industrial firms. Cut off from the Mississippi River as a source of fresh water, the bayou's water quality suffered, harming the fish population which is Plaquemine residents' No. 1 recreational activity. The bayou sits between the Mississippi River and Louisiana Interstate 1.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.