re: The Rise and Imminent Decline of Perkins Rowe

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I've got a friend who purchased a condo there for $350k when they first opened; it's worth half of that now.

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bullshite. Have it appraised and I bet it's not 1/2. The price/SF has not varied much from the beginning which was approx $300/SF.

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I'm sorry.

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What's wrong with Magnolia Woods? Almost an acre lot ( many are an acre) plenty of mature trees with shade, middle of the city, multiple entrances and exits.

Better than new cookie cutter faux cookie cutter on postage stamp lots and a three year old elm tree shoved in the front yard.

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A lot is wrong with it. Its proximity to Staring Lane and other less than desirable areas is a little too close for comfort IMO.

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this could be said for most decent neighborhoods in br.

I get the feeling that some people in the Baton Rouge area are secretly pulling for places in Baton Rouge to decline for some reason, and I can't figure out. I wonder if most of them are from the areas surrounding Baton Rouge and don't like the city of Baton Rouge having nice things for some weird reason.

I feel like I have had this conversation a few times over the past 3-5 years:

Other Person "Perkins Rowe was nice, but you can't even go there anymore"

Me "Why? What Happened?"

Other Person "Oh I just heard someone say it had gone to crap"

Me "When is the last time you went there?"

Other Person "I haven't been there in a while just heard it was crap now."



I go to the restaurants, bars, and movie theater occasionally and it always seems safe and pretty nice to me. Sure it could have been better if the construction and start up would have gone smoother, but I don't see this decline that it seems some are hoping for anytime soon.

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You're post is seemingly about Perkins Rowe, yet your opinion of it is based on outdated information. Perkins Rowe is under new ownership and new management. New retail has moved into spaces previously unoccupied. Unfinished condos are being completed. Occupancy rates remain high. Really unsure what would make you think it isn't doing well. When the current owners sell, if they get out before a market crash, they will make a very good profit on it.

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This all day...Perkins Rowe is on the big upswing. New, high end retail is going in as we speak. There's also a deal on table that would add a big name in some new construction near the back of Perkins Rowe. The residential areas are finally getting finished.

Plus, the plans are in place for a new 15.5 acre development immediately adjacent to Perkins Rowe and behind the Neuromedical Center called Park Rowe Village:

"Park Rowe Village at Perkins Rowe

The development plan calls for a high-end apartment community consisting of 340 units in this upscale urban setting. This E-Urban community will consist of three and/or four story buildings built around beautiful interior courtyards. The development will be gated; will have a 5,000 square foot Clubhouse complete with fitness facilities, business center, cyber-café/coffee bar, resort-style pool with cabana lounge and lush landscaping. The apartment interiors will have 9’ ceilings, intrusion alarms, washer & dryers in each unit, granite countertops, stainless steel appliances and wood-plank flooring. There will be 1, 2 and 3 bedroom units as well as a few cottages scattered throughout the community."

And, to top it all off, the city has approved the development of the Picardy Extension that will link the back of the mall to the back side of Perkins Rowe immediately behind Fresh Market and Paris Parker. That's a game changer for Perkins Rowe (still several years out) since it will allow for easy access from the interstate and the other major shopping area--the mall of louisiana.

Yep. Definitely an imminent decline.

Oh look it's Paul Allen. Now I can immediately disregard the post above. Moron.

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And, to top it all off, the city has approved the development of the Picardy Extension that will link the back of the mall to the back side of Perkins Rowe immediately behind Fresh Market and Paris Parker. That's a game changer for Perkins Rowe (still several years out) since it will allow for easy access from the interstate and the other major shopping area--the mall of louisiana.

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They have been talking about this for 20 years. It was literally posted on the Dunham master plan, because they noted that it would be easy for them to tie into a main thoroughfare to get to the interstate.

I think the main issue is not only a bridge over the creek, but the fact that an underpass in needed for the railroad, and we all know how well the RR is to work with.

I'll be pleasantly surprised when/if this gets done.



Additionally, is this area (where I assume this road has to come out) really wide enough for the 5+ lanes that would be needed?

LINK

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The 4-lane gutter project will add a raised median, sidewalks, a new bridge crossing at Dawson Creek, and an underpass at the Kansas City Southern railroad. The project is supposed to give an alternative route to using I-10 and Perkins Road.

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Maybe it's just the way the shot looks on google maps, but I still dont see how they can fit a 4 lane road with median, sidewalks, etc, in the space between the citizens bank and that music store. Maybe they can though....



Glad to hear this is moving along, will definitely help out with bluebonnet traffic.

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Additionally, is this area (where I assume this road has to come out) really wide enough for the 5+ lanes that would be needed?

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The current project calls for a raised median, so it looks like 4 lanes.