Hotel close to the airport sold for 18.5 million dollars
According to records, a hotel near Lafayette Regional Airport was sold for $18.5 million.
Investors affiliated with SPI Holdings of Dallas purchased WoodSpring Suites Lafayette at 200 Hugh Wallis Road from Gulf Coast Hotel Management. The same investors bought WoodSpring Suites in Lake Charles for $15.1 million.
Gulf Coast Hotel Management bought 13 acres of land in that area in 2015 and built the hotel on 2 acres close to the railway. According to the records, the remaining 11 acres were sold to Ronnie White Custom Homes for $1.2 million in October.
Meat company offers services directly to the consumer
Eunice-based Coastal Plains Meat Co. has launched Louisiana Beef Direct, a direct-to-consumer service to customers in eight regional neighborhoods.
Coastal Plains CEO David Billing and COO Chip Perrin announced this week that the service will launch in partnership with RoadRunner delivery service, with the company offering six curated boxes for online ordering and delivery.
Acadia, Vermilion, St. Martin, Evangeline, St. Delivery will begin for customers in Lafayette Parish, along with the Landry, Calcasieu, and Cameron neighborhoods.
Perrin said the service will benefit cattle producers in the region by connecting with consumers looking for local produce and diversity.
“The consumer wants to get closer to the farm to know where the beef is coming from,” Billings said. “There may be a better way to bring local products to their front door than by creating an online platform. We are excited for the next phase of our business.”
Options include the Thick BBQ Box for grill items, the Louisiana Link Box with smoked sausage, boudin, and andouille, and the Slow-N-Low Box, which will contain gravy steaks and cuts that need to be cooked on the stovetop.
Both Coastal Plains Meat Co. and RoadRunner are veteran-owned businesses.
McDonald’s buys land for new Broussard location
A McDonald’s will open in front of the SafeSource Direct facility in Broussard.
According to land records, 208 St. Closed the deal to purchase the 1.6 acre property on Nazaire Road for an undisclosed amount.
With 10 McDonalds in Acadiana, New Iberia-based Miller Management will operate the restaurant.
The company was granted a building permit for construction worth over $2.1 million by Broussard in June.
Maraist sold the property to McDonald’s after a sale reported to Chick-fil-A failed.
According to land records, Maraist also recently built 210 St. He sold the adjacent property on Nazaire Road to Fort Worth at Texas-based SCC Development for $900,000. A sign on the property indicates that a car wash will be installed there.
65-acre site in Broussard certified as ready to develop with LED
Another site in Broussard is certified for economic development under the state’s certified sites program.
One Acadiana president and CEO Troy Wayman, St. He said it will bring the total number of certified sites in Acadiana, called Loul’s Landing, between Etienne Road and US 90, to 22, making it the seventh district in Lafayette Parish. Certification helps agencies connect companies interested in finding a location in Louisiana, which leads to job growth and investment.
Broussard Economic Development Corporation, Lafayette Economic Development Authority, One Acadiana, and Entergy announced certification under Louisiana Economic Development’s certified sites program.
“Having available, audited sites is essential for successful growth and economic development in our communities, so site certification is a top priority in LEDA’s new strategic plan for the parish,” said LEDA President and CEO Mandi D. Mitchell. “I applaud the efforts of Mayor (Ray) Bourque, Broussard Economic Development Corporation and their owners to expand business and advance investment in the City of Broussard and Lafayette Parish.”
Bourque said the certified sites program was successful at Broussard, which launched the SafeSource Direct project, which will create approximately 1,200 jobs in the city.
One Acadiana’s Site Development program is designed to increase the district’s portfolio of marketable, ready-to-develop sites by certifying lands in nine boroughs.
Last year, Broussard was certified as the Louisiana Development Ready Community in Lafayette Parish, the first municipality to receive this certification.