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What's the latest on the Rouzan development
Posted on 3/29/17 at 12:22 pm
Posted on 3/29/17 at 12:22 pm
I just drove by there and there is earth moving equipment sitting there, probably on rent, that has literally not moved in 3 years. Lame attempt at trying to present the appearance of an active project. The Info trailer looked to have a few cars in the lot.
Developers, don't remember name, did Perkins Rowe and where shady I remember.
Developers, don't remember name, did Perkins Rowe and where shady I remember.
8
Posted on 3/29/17 at 12:23 pm to knuckleballer
Spinosa
Posted on 3/29/17 at 12:24 pm to knuckleballer
No clue. Seems like more and more projects are being downsized or scrapped altogether lately. I thought the economy was doing better and credit wasn't as tight as once was right after Great Recession.
Posted on 3/29/17 at 12:24 pm to knuckleballer
500K+ houses built 10ft apart from each other. I stopped looking there when I found that out.
Posted on 3/29/17 at 12:30 pm to tke857
quote:
info trailer
Nope. When Spinosa got booted from Perkins Rowe he moved his entire business into those trailers. But he told Zoning they are "project trailers" for Rouzan to evade the legalities. Not sure who he bribed to pull that off.
quote:
500K+ houses built 10ft apart from each other.
I went into four new homes in that neighborhood off Perkins between Bluebonnet and Siegen over the weekend. All four are over $1 million each. With zero lot lines. What is happening in Baton Rouge to call for $249 a square foot?
Posted on 3/29/17 at 12:31 pm to jbgleason
quote:
I went into four new homes in that neighborhood off Perkins between Bluebonnet and Siegen over the weekend.
Yeah I wouldn't buy in there. If you're paying over 500k for a house...frick if youre buying any house....zero lot lines are a fricking scam.
Posted on 3/29/17 at 12:33 pm to jbgleason
An apocalyptic flood that destroyed most of the suburbs and 1/3 of the housing in the city. The meighborhoods that didn't flood now fetch a huge premium.
The economy in BR started to chill with the collapse of oil prices 2 years ago, and came to a screaching hault with last summer's floods. Few people have disposable income, and a lot of outside business was scared off.
The economy in BR started to chill with the collapse of oil prices 2 years ago, and came to a screaching hault with last summer's floods. Few people have disposable income, and a lot of outside business was scared off.
This post was edited on 3/29/17 at 12:36 pm
Posted on 3/29/17 at 12:35 pm to jbgleason
quote:What's the name of that neighborhood?
I went into four new homes in that neighborhood off Perkins between Bluebonnet and Siegen over the weekend.
Posted on 3/29/17 at 12:35 pm to knuckleballer
Thanks Saban
Posted on 3/29/17 at 12:35 pm to knuckleballer
I sold my lot & dodged a huge bullet 2 years ago... promises still not delivered to homeowners
Posted on 3/29/17 at 12:36 pm to LSUpetro
I'm not sure if it's officially part of Rouzan, but I've been in one of the new homes right there. Beautiful on the inside but no front yard and no backyard.
Posted on 3/29/17 at 12:36 pm to StrongBackWeakMind
quote:
What's the name of that neighborhood?
willow grove
Posted on 3/29/17 at 12:37 pm to jbgleason
quote:
Nope. When Spinosa got booted from Perkins Rowe he moved his entire business into those trailers. But he told Zoning they are "project trailers" for Rouzan to evade the legalities. Not sure who he bribed to pull that off.
Makes sense. Slimy. The boom needs to get dropped on that operation.
Saban WAS tied up with him too as an investor. Not sure if he's removed himself or not.
This post was edited on 3/29/17 at 12:37 pm
Posted on 3/29/17 at 12:38 pm to StrongBackWeakMind
$249/sq ft is what happens when the developer dictates what brand of material you use... not just the type of material
Posted on 3/29/17 at 12:39 pm to StrongBackWeakMind
quote:
I'm not sure if it's officially part of Rouzan, but I've been in one of the new homes right there. Beautiful on the inside but no front yard and no backyard.
they better be immaculate and come with all the bells n whistles for 500k+ and ZERO yard.
Posted on 3/29/17 at 12:40 pm to knuckleballer
Spinosa and he's shady frick. I guess whoever he conned to invest in the project figured out that he was a thief.
This post was edited on 3/29/17 at 1:38 pm
Posted on 3/29/17 at 12:41 pm to tke857
For me, definitely not worth the price tag. I place a lot of value on having a yard.
Posted on 3/29/17 at 12:52 pm to StrongBackWeakMind
I'm the same way, which is why I wonder why people are paying big money for houses in Americana out in Zachary where the houses themselves don't appear to be any bigger than ones elsewhere in the area and they have very small yards.
Being in walking distance from a Y and a Walkons isn't worth a huge premium to me compared to living space in the house or a large lot with a yard.
Being in walking distance from a Y and a Walkons isn't worth a huge premium to me compared to living space in the house or a large lot with a yard.
Posted on 3/29/17 at 12:58 pm to AA77
Does tommy Spinosa have any money left at this point? The guy has been involved with some terrible real estate deals
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