|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.
Local and state agents Thursday night raided The Keg, the popular college bar located in the area known as The Strip, leading to the (at least) temporary closure of the venue.
Here's your daily look at late-breaking national and international news, upcoming events and the stories that will be talked about Friday, April 18, 2014:
Friday's Blogs from the Bog!
Time and time again, the Lafayette Parish School Board shows an overwhelming tendency toward idiocy, but Wednesday night’s contentious discussion over Northside High School’s teen mother program tops the list of dumb discussions.
“The accomplishment of this goal within the next ten years is not only critical for the region to effectively compete with other regions for residents and businesses, but also to provide an amenity for everyone in Acadiana to enjoy.”
Education Superintendent John White says a continued push to try to keep Louisiana from using tests associated with the Common Core education standards are creating "a state of chaos" for public school teachers.
Gov. Bobby Jindal's plan to use $210 million in surplus and one-time money to help balance next year's budget received the backing Thursday of the State Bond Commission, support that was needed for the maneuver to work.
State wildlife and fisheries agents have arrested a 39-year-old man accused of stealing crawfish.
An East Feliciana Parish lawmaker has jettisoned his proposal to make it harder for a condemned prisoner to appeal a death sentence.
Senators advanced a proposal Wednesday that would let the governor remove New Orleans-area levee board members for violating what he considers to be public policy, despite concerns it would introduce political meddling into state flood protection.
The Lafayette City-Parish Council on Tuesday will vote on a resolution that if approved would clear the way for a December ballot proposition asking voters to approve a 1-cent sales tax parishwide to help fund the construction of a new terminal at Lafayette Regional Airport.
Just days before the fourth anniversary of the 2010 Deepwater Horizon disaster and oil spill, the Coast Guard has moved cleanup of Louisiana's coast to a new phase, allowing BP to end its "active" efforts in the area.
Legislators still must leave their guns at the door of the Louisiana Capitol.
Sen. Fred Mills may have an "R" behind his name, but his actions in the Louisiana Legislature transcend the established boundaries of his party.
The Louisiana House overwhelmingly rejected a repeal of the state's unconstitutional anti-sodomy law Tuesday.
The Louisiana Senate sided with Gov. Bobby Jindal and the oil industry Tuesday, agreeing to void a lawsuit that a south Louisiana flood board filed against more than 90 oil and gas companies for coastal damage.
Acadian rep notifies would-be supporters that an April 25 fundraiser for the embattled U.S. rep won’t go on as planned.
While it isn’t all too unusual for public bodies to have hired security present during meetings, the LPSB’s push to do so is arguably a response to the antics of one board member.
“I’m running. Why would I be raising all this money? Just to have to return it to people?”
With incumbent U.S. Sen. Mary Landrieu watching from afar, and with a united Democratic Party in her corner, the fight to get the GOP officially behind Congressman Bill Cassidy is gaining just as much momentum as it is hushed controversy.
15th Judicial District Judge Durwood Conque has announced that he will not seek re-election after 27 years on the bench.
The controversial standardized tests are set to be used in third-grade through eighth-grade public school classrooms next year.
The Louisiana Senate has agreed to prohibit unmanned aircraft from flying over chemical plants, water treatment systems, telecommunications networks and other items considered "critical infrastructure" in Louisiana.
It didn’t take long for KATC TV 3 to jump all over the news of a dead body found in Girard Park, but in its rush to produce headlines, the local TV station got sloppy.
An unholy trinity of civil-society upheavalers whose first names are not Conner, Tanner or Logan are facing charges in Eunice.