A hotel near the airport has sold for $18.5 million
A hotel near Lafayette Regional Airport has sold for $18.5 million, records show.
Investors affiliated with Dallas-based SPI Holdings bought WoodSpring Suites Lafayette, 200 Hugh Wallis Road, from Gulf Coast Hotel Management. The same investors also bought WoodSpring Suites in Lake Charles for $15.1 million.
Gulf Coast Hotel Management purchased 13 acres in this area in 2015 and built the hotel on 2 acres near the railroad tracks. The remaining 11 acres were sold in October to Ronnie White Custom Homes for $1.2 million, records show.
Meat company launches direct-to-consumer service
Eunice-based Coastal Plains Meat Co. launched Louisiana Beef Direct, a direct-to-consumer service for customers in eight regional parishes.
The service will launch with the company offering six select boxes for online ordering and delivery through a partnership with delivery service RoadRunner, Coastal Plains CEO David Billing and COO Chip Perrin announced this week.
Delivery will begin for customers in Lafayette Parish along with Acadia, Vermilion, St. Martin, Evangeline, St. Landry, Calcasieu and Cameron Parish.
The service will benefit local cattle producers by connecting them with consumers looking for local products and variety, Perrin said.
“The consumer wants to get closer to the farm to know where their beef is coming from,” Billings said. “What better way than to create an online platform to bring local products to their front door. We are excited about this next phase of our business.”
Options include the Bold BBQ Box for grilled items, the Louisiana Linked Box, which will include smoked sausage, boudin and andouille, and the Slow-N-Low Box, which will include steaks and cuts designed for cooking on the stovetop.
Both Coastal Plains Meat Co. and RoadRunner are veteran-owned businesses.
McDonald’s is buying land for a new location in Broussard
McDonald’s to open in Broussard in front of SafeSource Direct facility.
McDonald’s Corporation has closed a deal to purchase a 1.6-acre plot of land on St. 208 Nazaire Road from Maraist Investment Properties for an undisclosed amount, land records show.
Miller Management, based in New Iberia with 10 McDonalds in Acadiana, will operate the restaurant.
The company received a building permit from Broussard in June for more than $2.1 million in construction.
Maraist sold the property to McDonald’s after the reported sale to Chick-fil-A fell through.
Maraist also sold the property next door at 210 St. Nazaire Road recently to Fort Worth, Texas-based SCC Development for $900,000, land records show. A sign on the property indicates that a car wash will be built there.
65-acre site in Broussard earns development-ready certification from LED
Another site in Broussard is certified for economic development under the state’s Certified Sites Program.
The 65 acres between St. Etienne Road and US 90, called Loul’s Landing, will bring the total number of certified sites in Acadiana to 22 and will be the seventh in Lafayette Parish, One Acadiana President and CEO Troy Waymon said. Certification helps agencies connect companies interested in locating in Louisiana to find properties, leading to job growth and investment.
The Broussard Economic Development Corporation, the Lafayette Economic Development Authority, One Acadiana and Entergy announced the certification under the Louisiana Certified Economic Development Site Program.
“Having available, verified sites is imperative to successful growth and economic development in our communities, which is why site certification is a top priority in LEDA’s new Parish Strategic Plan,” said LEDA President and CEO Mandy D. Mitchell. “I applaud the efforts of Mayor (Ray) Burke, the Broussard Economic Development Corporation and property owners for their efforts to accelerate business expansion and investment in the City of Broussard and Lafayette Parish.”
The certified sites program was successful in Broussard, leading to the SafeSource Direct project, which will bring about 1,200 jobs to the city, Bourque said.
One Acadiana’s Site Development Program is designed to increase the region’s portfolio of marketable, development-ready sites through land certification in the nine-parish region.
Last year, Broussard was certified as a Louisiana Development Ready Community, the first municipality in Lafayette Parish to receive the certification.