LCG permit inspector Larry Manuel at The Reserve at Acadiana, where work has stopped.
Photo by Robin May
The credit crunch gripping the nation has skidded to a halt one of the largest commercial construction projects in Lafayette. The Reserve at Acadiana is a huge apartment complex going up adjacent to the Mall of Acadiana. Or it was going up hammer and tongs until recently. The project stalled this fall. “Well all of a sudden, we were in the middle of inspections, and we hadn’t heard from these people and we stopped by a couple of times, and they were pretty tight-lipped about it,” says Larry Manuel, Lafayette Consolidated Government’s permits inspector.
The complex is owned by Baton Rouge-based Peek-Howe Real Estate Inc. and is being built by PHL Construction LLC. The Louisiana Secretary of State’s office lists Arthur Lancaster as the PHL’s manager and Robert Peek and Lacy Howe as its members.
The Reserve at Acadiana is slated to be a 276-unit apartment complex consisting of one-, two- and three-bedroom apartments with rental rates ranging from $950-$1,495 per month. The project was valued at nearly $15 million. Construction was halted due to “a slowdown in funding because of the credit crisis,” says Lancaster. He says funding is now back in order, and construction should start after the first of the year.
While smaller projects stop and start, says Manuel, this is by far the largest project to come to a halt. Before construction recommences, Manuel says several concerns need to be addressed. While the walls and roof are up, windows and doors have not been installed in all the units, siding hasn’t been completed, and there are places where black felt paper hasn’t been installed, leaving plywood exposed. Rain poured in the openings during some of the recent storms in Acadiana. “I’m concerned about the structural integrity of the wood that’s been exposed to the weather,” says Manuel. There are issues with mold and mildew contamination as well. Manuel says the city will require a mold remediation certificate before construction can resume.
Barring any unusual weather, Lancaster says he is confident the project will be complete in six months, by late July.
To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.
Lawmakers and Gov. Bobby Jindal's administration shared a collective sigh of relief with the news that Louisiana's tax amnesty program brought in the $200 million that they used to help balance this year's budget.
SportsMON, DEC 9 12:56PM
by Brett Martel, AP Sports Writer
DEC 11 It's the holiday season, and that means you can count on seeing some pretty crazy stuff going down at the Wal-Mart, but this story out of Marshall, Texas takes the cake. A man went in and attacked a couple of people with a hatchet. Who stopped him? A customer who started launching soup cans at him -- and connected with his noggin. The story tells us that while some folk were injured, everyone's been released from the hospital.
DEC 11 Blogger Tom Aswell joins the ranks of those looking into the "Fund for Louisiana's Future," which of course is not really aimed at improving our future. So far, it seems aimed at getting Louisiana to remove its $100,000 cap on campaign contributions, he tells us. Also, it is overseen by the same guy who tried to give us President Mitt Romney -- and he seems bent on picking our next governor.
DEC 11 Here's a post on NOLA Defender from the chef de cuisine at Delmonico's about gumbo. Chef Anthony Scanio shares childhood food memories that aren't quite a warm and fuzzy cliche -- but they certainly sound authentic. His personal story isn't just about food, it's a true New Orleans boy's upbringing. It's a cool story, and it ends with recipes for seafood gumbo and red beans.
DEC 11 Blogger Lou Gehrig Burnett writes here on Bayou Buzz about GOP efforts to mount a candidate against Sen. Mary Landrieu -- "a" being the operative word. So far, Bill Cassidy and Rob Maness are both in the race, and as long as the ultra-conservative Maness remains he poses a threat to the Republicans' hopes to unseat Mary. There's also a bit on what's up in Texas -- where Gov. Rick Perry's rejection of Medicaid money is causing other lawmakers some trouble.
DEC 11 Qualifying for New Orleans municipal races opens today, and Gambit's Clancy DuBos is most interested in people running against Sheriff Marlin Gusman, a frequent topic of Clancy's posts -- and a lot of other media posts as well. So far, the most interesting candidate expected to qualify is former sheriff Charles Foti. But Gusman's biggest enemy may be himself, given his 33 percent approval rating.
DEC 11 It may be the season of brotherly love, but John Maginnis is not falling for David Vitter's Christmas story. In this post, he poo-poos the very idea that Vitter and his family will spend the holidays in prayerful reflection so that they can decide if the Senator will run for governor. He also gives some predictions on what could happen if Vitter did get elected, throwing in a cautionary reference to the big ole egg laid by the GOP up in North Louisiana's recent Congressional race.
DEC 11 Well, knock us over with a rainbow-colored feather. The Shreveport City Council passed an ordinance granting equal protection to LGBT folks, this KSLA story reports. It basically forbids discrimination against people based on their sexual orientation. According to the story, city workers already have had that protection, since 2009.
DEC 11 That nice lady over in Denham Springs must still be mad at her neighbors for stealing her dog, because she's back up on her roof, making a big ole "one finger salute" in Christmas lights. This story in the Advocate even gives us a picture of the process underway, in case you are experiencing a similar situation and would like some finger-display-creation tips.
Read the Flipping Paper!
Click Here for the Entire Print Version of IND Monthly