2020 UL Development

[CrazyCajun]

Thank God! For a small college town, RSN is doing quite fine for itself.

That is one positive about living in a shthole...when everywhere else goes to ___, nothing changes for you

[ragin50]

This is correct, there's no way in hell that Bass Pro will be investing in a site like that. Why would they over saturate the market, especially when retail is tanking? Bass Pro already in Denham less than an hour away. Then you have another one at LA boardwalk development in Bossier City, next to Casinos.

When did Denham Springs move? If you can get there from here in less than an hour, I don't want to be near you on the road.

[fanof71]

This story would be raw meat for a good investigative media reporter...oh wait, We're talking Lafayette...

[cajun4life]

This story would be raw meat for a good investigative media reporter...oh wait, We're talking Lafayette...

Maybe Jay could cover it.

[CajunVic]

Cmon Baw...What does this even mean? I travel our beautiful State quite frequently for my job. I’m in Lafayette several times a month. I understand enough to know that Lafayette’s (along w/ BR) infrastructure/roads are wet garbage. Your old city/parish leadership didn’t plan at all for growth. Now they want to build a toll loop....
Do you honestly think that BPro would invest in a non traditional, highly congested spot in a saturated market? You got a decent little F & S off Ambassador, not to mention a Cabela’s in Gonzales. Not gonna happen!

Prove us wrong. I will sit and wait.

[CajunVic]

15-20 acres. Maybe more.

Location, Location, Location.

[JamesTheJeweler]

This is fkn infuriating! He needs to answer for this

[CrazyCajun]

This is fkn infuriating! He needs to answer for this

He won’t and when academic donations get pulled bc of his BLM comments he will take the money from athletics. He might go out more hated athletically than authement

[ManAboutTown]

There is no chance of rain for a few days now, however Vic and MAT agree, surely it will storm.

Proves that even YOU are capable of having an enlightened moment.. There is hope for America after all.

[CajunT]

I hate to be cynical, but 30M a year just sounds crazy high. I checked in one of the most hottest real estate area in the country now (Collin County Texas) and I found prime Commercial real-estate SELLING for about 1-1.5M an acre. To me, it sounds like the numbers are a little far fetched. I don't doubt that an opportunity was missed, but 30M a year sounds crazy bazaar.

Does anyone know how many acres were involved?

Fish, we are not talking about selling but leasing a development of said property. The last numbers I could find on the constructing and build out of a Bass Pro Shop was $69.5M. Now imagine the Bass Pro Shop as the anchor and major retail development around it. You could be talking an estimated $200m plus investment easily.

Think the Costco and Fish & Game development on Ambassador Caffery. That deal is worth millions, and the city allowed that development to be tax exempt for a number of years so they could recoup some of their cost of infrastructure. So I'm almost certain that this development with would have to be tax exempt for a number of years for the developers to recoup of their investment on infrastructure.

I don't see how this is hard to imagine at all when you consider the cost of development over a number of acres. Leasing such property would have brought in millions to the university's coffers. My understanding is that Dr. Savoie wasn't keen on the suggestion of using the funds to make his athletic program self funded. His idea would be those funds would go directly into the university foundation for his use period.