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Downtown East gets historic district designation and tax incentive program
Posted on 1/8/19 at 2:47 pm
Posted on 1/8/19 at 2:47 pm
quote:
Historic district designation for Downtown East incentivizes development
LINK
A 60-block area in Downtown East has been designated as the Eddie Robinson Sr. Historic District on the National Register of Historic Places. The designation enables developers to qualify for state and federal historic building tax credits to help offset the cost of renovating the district’s aging and blighted buildings.
Architect Dyke Nelson, who is redeveloping the former Entergy site on Government Street into the mixed-use Electric Depot, led the year-long effort to get the area placed on the National Register of Historic Places. Electric Depot is in the heart of the new district and the estimated $10 million project will be eligible for the tax credits.
quote:
The developer of a property that is more than 50 years old and part of a historic district is eligible to receive a 20% federal historic tax credit, which is carried forward, and a 20% state tax credit, which is rebated within the same year the expenditure is made.
Nelson says an incentive of up to 40% is significant, especially for properties in this district, which is bounded by North Boulevard to the north, S. 18th Street to the east, Terrace Avenue to the south and Interstate 110/10 to the west. He estimates some 75% of buildings contribute to the district and are potentially eligible for the tax credits.
Electric Depot, which sits on six acres and is being redeveloped by Weinstein Nelson Development, is intended to serve as a catalyst for redevelopment of the wider area. Slated to open this spring, it will include apartments, a community gathering and entertainment space, several new restaurants and a yoga studio, among others.
About to get a lot cheaper to renovate some rental houses between downtown Baton Rouge and the garden district.
4
Posted on 1/8/19 at 2:56 pm to member12
Cue the "we need to make sure we have affordable housing and equity in these developments" folks
Posted on 1/8/19 at 3:04 pm to member12
quote:
between downtown Baton Rouge and the garden district
Area is a garbage dump
Posted on 1/8/19 at 3:15 pm to upgrayedd
quote:
Cue the "we need to make sure we have affordable housing and equity in these developments" folks
If they are successful in getting the area cleaned up and the historic structures renovated....a lot of those folks won’t be able to afford rent there.
Posted on 1/8/19 at 3:19 pm to member12
The council members will force them to include section 8 residents. They do this with all the apartments downtown.
Posted on 1/8/19 at 3:22 pm to upgrayedd
quote:
The council members will force them to include section 8 residents. They do this with all the apartments downtown.
Some HUD financing stipulates that a certain percentage of units be considered below market for some period of time.
What specifically has the council ever done related to section 8 housing in that area?
Posted on 1/8/19 at 4:46 pm to member12
Good.
Really could be a beautiful part of town.
Bring in more people with money.
Start to liven up downtown a little more.
Really could be a beautiful part of town.
Bring in more people with money.
Start to liven up downtown a little more.
Posted on 1/8/19 at 4:53 pm to Cump11b
Pretty much.
It looks like a demilitarized zone, the ruins of Baton Rouge’s past.
It looks like a demilitarized zone, the ruins of Baton Rouge’s past.
Posted on 1/8/19 at 4:53 pm to member12
A lot of that area needs to be torn down. It is rife with Blight. I pass there almost every day.
There really isn’t much historic about a few run down, clapboard shotgun houses.
There really isn’t much historic about a few run down, clapboard shotgun houses.
Posted on 1/8/19 at 4:56 pm to teke184
there are slums in Port-au-prince. Haiti that look nicer than some of the blocks in this area
Posted on 1/8/19 at 4:58 pm to jefforize
At least Haiti has the excuse of an earthquake. What the frick is BR’s excuse? Damage from the Exxon explosion in the late 80s?
Posted on 1/8/19 at 5:01 pm to Cump11b
quote:
between downtown Baton Rouge and the garden district
Area is a garbage dump
Agreed, but it sure would improve the city tremendously if it were to somehow become a safe middle class neighborhood.
Posted on 1/8/19 at 5:10 pm to kingbob
They can try but I don’t see it happening.
That area is either one of the worst parts of town with regards to crime or is right next to it. Most of the murders in town are clustered bear memorial stadium and Exxon, both of which are within spitting distance of Eddie Robinson.
That area is either one of the worst parts of town with regards to crime or is right next to it. Most of the murders in town are clustered bear memorial stadium and Exxon, both of which are within spitting distance of Eddie Robinson.
Posted on 1/8/19 at 5:13 pm to kingbob
quote:
Agreed, but it sure would improve the city tremendously if it were to somehow become a safe middle class neighborhood.
If the focus on redevelopment is in a narrow area and the incentives are consistent, these efforts tend to be at least somewhat successful.
Some of the housing is just not worth saving unfortunately.
Posted on 1/8/19 at 5:29 pm to member12
Doesn’t a lot of gentrification tend to happen due to a lack of available land in affordable good areas?
In places like NYC and San Fran, tent control and other policies make new housing a losing proposition for landlords. Which is why people will move into a shithole area and try to improve it.
In the case of BR, land isn’t really an issue nor is the housing supply. About the only way to change that would be if another set of floods like 2016 happens that make a lot of areas unsuitable for habitation.
In places like NYC and San Fran, tent control and other policies make new housing a losing proposition for landlords. Which is why people will move into a shithole area and try to improve it.
In the case of BR, land isn’t really an issue nor is the housing supply. About the only way to change that would be if another set of floods like 2016 happens that make a lot of areas unsuitable for habitation.
Posted on 1/8/19 at 5:45 pm to teke184
quote:
That area is either one of the worst parts of town with regards to crime or is right next to it. Most of the murders in town are clustered bear memorial stadium and Exxon, both of which are within spitting distance of Eddie Robinson.
The Goal is to clean out Old South Baton Rouge and Mid City south of Florida. That would create a consistent, safe, walkable, vibrant urban core with consistent and attractive architecture, mature oak trees, easy access to jobs, close to the university and downtown, etc.
This post was edited on 1/8/19 at 5:46 pm
Posted on 1/8/19 at 5:48 pm to teke184
quote:
In the case of BR, land isn’t really an issue nor is the housing supply. About the only way to change that would be if another set of floods like 2016 happens that make a lot of areas unsuitable for habitation.
Which is exactly what happened. The suburbs flooded like crazy. Prices are absolutely insane in all of the neighborhoods that both did not flood and are safe enough to not get shot in. The traffic patterns in the city are also making land further out less desirable. So, people are trying to gentrify areas that are currently dangerous because those neighborhoods are conveniently located, have attractive pre-WWII architecture, and didn't flood. If they can make them safe, expect young professionals and college students to flood the area. What would send that area over the edge into full blown gentrified would be if public schools in the area could somehow be improved to the point that Exxon and state employees with young kids could move into the starter homes and not have to worry about their children getting stabbed.
This post was edited on 1/8/19 at 5:52 pm
Posted on 1/8/19 at 6:53 pm to kingbob
State employees with young kids are living in Zachary, Central, or the outlying parishes.
EBRPSS is so fricked that anyone having kids would have to pay for private school or live elsewhere. Gambling on ending up in a magnet program could get expensive if you come up short.
EBRPSS is so fricked that anyone having kids would have to pay for private school or live elsewhere. Gambling on ending up in a magnet program could get expensive if you come up short.
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