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North Baton Rouge Investment Tax Breaks Attracted Only One Project In 2016

Posted on 12/24/16 at 2:35 am
Posted by TigersSEC2010
Warren, Michigan
Member since Jan 2010
38211 posts
Posted on 12/24/16 at 2:35 am
LINK
quote:

A special tax break program designed to inspire rebuilding and investment in north Baton Rouge drew just one project this year, despite the efforts of political and community leaders trying to sell the area to investors.

quote:

Investor David Treppendahl said his recent foray into trying to invest in the area was met with so much skepticism from Baton Rouge banks that he had to secure financing from a bank in St. Francisville. Treppendahl, who works for NAI Latter & Blum, purchased an apartment complex in the spring then-known as Hawthorne Heights at 2136 North Lobdell Blvd.


I believe this shows exactly how much promise investors believe this area has. Zero. Nobody wants to touch that area.

This post was edited on 12/24/16 at 2:39 am
Posted by wildtigercat93
Member since Jul 2011
115648 posts
Posted on 12/24/16 at 3:05 am to
If you don't build there, you're racist.

If you do build there and the success raises property value then you're racist
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 12/24/16 at 5:03 am to
not even any hair extension shops or cash advance stores?
Posted by BigEdLSU
All around the south
Member since Sep 2010
20361 posts
Posted on 12/24/16 at 5:26 am to
Y'all cry and whine about north br but what are you doing to fix it?
Posted by poochie
Houma, la
Member since Apr 2007
6765 posts
Posted on 12/24/16 at 6:59 am to
Is it his responsibility to fix it?
Posted by The Pirate King
Pangu
Member since May 2014
65832 posts
Posted on 12/24/16 at 7:05 am to
quote:

Y'all cry and whine about north br but what are you doing to fix it?


What are you doing to fix it?

If the community would take responsibility for themselves and put emphasis on stability, work and education, then they could relatively quickly turn north BR around.
Posted by Will Cover
Davidson, NC
Member since Mar 2007
39942 posts
Posted on 12/24/16 at 7:07 am to
quote:

Y'all cry and whine about north br but what are you doing to fix it?


I did my part. I moved out of Baton Rouge.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
59098 posts
Posted on 12/24/16 at 7:12 am to
By paying taxes and living in south BR.
Posted by whit
Baton Rouge
Member since Sep 2010
11050 posts
Posted on 12/24/16 at 7:58 am to
Sharon and Gary are going to fix that.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 12/24/16 at 8:00 am to
I grew up in NBR and when I came back to invest in rental properties it was a nightmare.
I gave up and sold my places after having to deal with 21 gun salute every Friday night, crackwhore fights every weekend, and major kids & mothers fighting after the mandatory daycare bus drops off its most distinguished students. Mama rents a place and lets her kids move in that causes problems while she moves in with one of her many babies daddies across town.

Another friend bought an apartment complex off North Foster Dr which he paid close to $1 million for it and then put another $750k in it. He sold out after a few years. He said he has never seen so many people act like animals. He told me a lot of the tenants destroyed the apartments, most do not pay the rent on time, and they laugh at you while destroying your property. He finally sold out to another property mgmt company.

He told me what I always thought that Compton is safer than NBR.

My question to whoever said what are you doing about is "What are you doing about it?"

Who wants to invest thousands of dollars in an area where people act worse that people in third world countries?

Why not invest your money in NBR and see how you feel when the community destroys your business or rental property?
Posted by Box Geauxrilla
Member since Jun 2013
19220 posts
Posted on 12/24/16 at 8:01 am to
quote:

Hawthorne Heights


Ohio is for Lovers
Posted by BigEdLSU
All around the south
Member since Sep 2010
20361 posts
Posted on 12/24/16 at 8:12 am to
I mentor/tutor/coach/invest in the youth in the community. I don't have a lot of money but I care and spend my time there.
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
80555 posts
Posted on 12/24/16 at 8:16 am to
Fun fact. The segment of the black community that lives in the ghetto/projects, as a whole, doesn't want to better themselves.
Posted by Bmath
LA
Member since Aug 2010
18891 posts
Posted on 12/24/16 at 8:16 am to
Not to worry. Our good pal Gary is on it!

Posted by LSURussian
Member since Feb 2005
133731 posts
Posted on 12/24/16 at 8:27 am to
quote:

North Baton Rouge Investment Tax Breaks
quote:

2136 North Lobdell Blvd.
Not exactly "north Baton Rouge."
Posted by LSUMJ
BR
Member since Sep 2004
20641 posts
Posted on 12/24/16 at 8:29 am to
Neither is Perkins Rowe but that doesn't stop Gary
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112908 posts
Posted on 12/24/16 at 8:29 am to
This next 4 years is going to be a disaster for Baton Rouge
Posted by slackster
Houston
Member since Mar 2009
91386 posts
Posted on 12/24/16 at 8:31 am to
quote:

Not to worry. Our good pal Gary is on it!


Gary Chambers and Tyrus Thomas will solve the problems.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 12/24/16 at 8:48 am to
If you don't have the money then do not criticize people who have made a huge mistake trying to invest in NBR.

This comes from a person who was born in NBR, grew up in NBR, and seen it go from a nice working class community to a war zone.

Until the community cleans up its act, it will be hard for companies or individuals to want to invest in the area.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
19871 posts
Posted on 12/24/16 at 8:48 am to
What qualifications does someone like Gary have to be on that Committee? I can just imagine the meetings where some businessman is going to have to explain economic realities to Gary like they are speaking to a third grader.
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