{"id":1004056079,"date":"2012-12-18T08:28:16","date_gmt":"2012-12-18T16:28:16","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=88739"},"modified":"2025-02-19T03:44:29","modified_gmt":"2025-02-19T11:44:29","slug":"ldg-development-opens-24m-affordable-apartment-community","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ldg-development-opens-24m-affordable-apartment-community\/","title":{"rendered":"LDG Development Opens $24M Affordable Apartment Community"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

Baton Rouge has gained yet another apartment community: Mallard Crossing, a 192-unit affordable housing complex on Greenwell Spring Road. According to a report by The Advocate<\/em><\/a>, the $24 million development, located next to the Greenwell Spring library, features two- and three-bedroom units. Apartments range between 909 square feet and 1,106 square feet and come equipped with washer\/dryer, dishwasher and microwave.<\/p>\n

The Weber Group, Inc. handled design for Mallard Crossing, while property management was\u00a0supplied by Latter&Blum Property Management. Funding was secured from several sources,\u00a0including Bank of America, Freddie Mac, CW Capital\/Walker Dunlop, as well as the state Office of Community Development, the City-Parish Office of Community Development and the Louisiana Housing Corp.<\/p>\n

Mallard Crossing\u2019s developer, Louisville, Ky.-based LDG Development develops, builds, renovates and operates rental communities targeting a moderate-income demographic. LDG\u2019s previous work includes the $49 million The Muses I and the $11 million The Muses II apartment communities in New Orleans. Completed in 2009 and 2010, The Muses feature a total of 263 apartment units. According to the Green Architecture and Business Report<\/em><\/a>, the mixed-income apartment community is the first LEED NC-Silver certified multifamily project in New Orleans and the State of Louisiana. LDG developed the project with the Gulf Coast Housing Partnership.<\/p>\n

In other news, New Orleans-based fast-casual barbecue restaurant chain VooDoo BBQ & Grill has announced it will be opening a location in Perkins Rowe.\u00a0\"\"<\/a><\/p>\n

“We’ve been aggressively expanding in other states this year, but this is a great move to shore up our solid foundation in our home state,” said VooDoo BBQ CEO Tony Avila in a press release. He added: “Perkins Rowe is a unique development with a tremendous amount of foot and vehicular traffic and potential for even more.\u201d<\/p>\n

The restaurant will be the chain\u2019s 12th<\/sup> Louisiana location and third in Baton Rouge. VooDoo executives have signed a development deal with Brad Smith and Joe Scardino,\u00a0the owners of another Baton Rouge VooDoo restaurant located on Drusilla Lane.<\/p>\n

Located at the intersection of Perkins Road and Bluebonnet Boulevard, Perkins Rowe is mixed use development, featuring 300 condominium and apartment units, as well as office space, a movie complex, a grocery store, a book store and space for approximately 60 restaurants and shops.<\/p>\n

Founded in 2002 in New Orleans, VooDooo BBQ & Grill has 57 restaurants across six states.<\/p>\n

Photo courtesy of VooDoo BBQ Drusilla Lane\u2019s Facebook page<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Baton Rouge has gained yet another apartment community: Mallard Crossing, a 192-unit affordable housing complex on Greenwell Spring Road.<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004056079","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\nLDG Development Opens $24M Affordable Apartment Community - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ldg-development-opens-24m-affordable-apartment-community\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDG Development Opens $24M Affordable Apartment Community\" \/>\n<meta property=\"og:description\" content=\"Baton Rouge has gained yet another apartment community: Mallard Crossing, a 192-unit affordable housing complex on Greenwell Spring Road.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ldg-development-opens-24m-affordable-apartment-community\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-12-18T16:28:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T11:44:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/12\/voodooo-bbbq-perkins-rowe.jpg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ldg-development-opens-24m-affordable-apartment-community\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ldg-development-opens-24m-affordable-apartment-community\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"LDG Development Opens $24M Affordable Apartment Community\",\"datePublished\":\"2012-12-18T16:28:16+00:00\",\"dateModified\":\"2025-02-19T11:44:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ldg-development-opens-24m-affordable-apartment-community\\\/\"},\"wordCount\":404,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ldg-development-opens-24m-affordable-apartment-community\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/12\\\/voodooo-bbbq-perkins-rowe.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ldg-development-opens-24m-affordable-apartment-community\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ldg-development-opens-24m-affordable-apartment-community\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ldg-development-opens-24m-affordable-apartment-community\\\/\",\"name\":\"LDG Development Opens $24M Affordable Apartment Community - 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