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Message
re: Will Gentrification Ever Happen in Baton Rouge?
Posted on 3/23/23 at 9:48 am to doubleb
Posted on 3/23/23 at 9:48 am to doubleb
quote:
Please elaborate. I know government put up most of the funds for construction.
In what way did the developer do very well? How much do you think IBM is paying the developer for their lease?
The government put up less than half of the funds for that project, btw. IBM occupies all but two floors of the commercial space.
1
Posted on 3/23/23 at 10:08 am to southdowns84
quote:
In what way did the developer do very well? How much do you think IBM is paying the developer for their lease?
The government put up less than half of the funds for that project, btw. IBM occupies all but two floors of the commercial space.
I read where state and local govt put up about 74 million dollars for the project.
I asked you a question, why didn’t the developers do well? They received millions of dollars for the project, right?
There are apartments, townhome and parking too in the development. It’s not just office space and IBM isn’t the only tenant.
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