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re: What's being developed at College/Corporate in BR?
Posted on 9/9/14 at 11:50 am to OSX_Tig3r
Posted on 9/9/14 at 11:50 am to OSX_Tig3r
quote:
If you've driven past the Interstate 10 at College Drive exit over the last day, you may have noticed work crews demolishing the long-vacant space in the back of the Esplanade Mall, which fronts Corporate Boulevard and includes such tenants as Sullivan's, Hooter's and the Melting Pot. Though details are scarce about the nature of the work, a permits officer at the Department of Public Works says Picou Brothers Construction Co. filed for a demolition permit to tear down the 30,000-square-foot space that formerly housed a bank services center. It sits in the rear of the 100,000-square-foot shopping center and has been vacant for several years. The property is owned by Richard Hartley and David Vey, who acquired it out of bankruptcy in 1993 for $3.5 million. They decline to comment on their plans for the property. Leasing agent Scott Bankston says he is not at liberty to comment. Agents with the property manager, NAI/Latter & Blum, say they are unaware of Hartley and Vey's plans. The shopping center, which was built in the 1970s and originally named Corporate Square, is in a prime location, local real estate agents recently told Daily Report. But they also say that rental rates—around $23 per square foot—are high for the type of tenants the center would be able to attract. —Stephanie Riegel
LINK
quote:
Sullivan's Steakhouse, which operates in Esplanade Mall at the corner of College Drive and Corporate Boulevard, has submitted an application to the East Baton Rouge Department of Public Works to remodel the restaurant. A manager at Sullivan's declined to discuss details of the renovation, but it appears to be significant. According to the application, the renovations are projected to cost $500,000 and will cover more than 7,800 square feet of the roughly 11,170 total square feet the restaurant encompasses. The restaurant is adjacent to a long-vacant former department store in Esplanade Mall that recently began undergoing a partial demolition and renovation. Other tenants in the shopping center include Hooter's, Lock and Key Whiskey Bar and the Melting Pot. —Kelly Connelly
LINK
This post was edited on 9/9/14 at 11:53 am
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