Baton Rouge Buzz: Council Approves Landmark Development in Historic District

Baton Rouge Buzz: Council Approves Landmark Development in Historic DistrictBaton Rouge Buzz: Council Approves Landmark Development in Historic District The Baton Rouge City Council has unanimously approved a landmark redevelopment project within the city’s historic Capitol Park Historic District. The Project The development, known as “The Lux,” will encompass a 19-story high-rise tower and adjacent six-story building on the corner of Third and North streets. The project will include 361 luxury apartments, 30,000 square feet of commercial space, and a 1.3-acre public park. Historic Significance The site of the development has significant historic value. It was once the home of the former State National Bank, which was demolished in the 1960s. The bank building was designed by renowned architect Emile Weil, who also designed the Louisiana State Capitol. Preservation and Design The Lux project has been carefully designed to preserve the historic character of the district. The high-rise tower will be set back from the street and designed with a modern aesthetic that complements the surrounding buildings. The adjacent six-story building will feature a more traditional design, maintaining the historic streetscape. Public Benefits Beyond its historic preservation efforts, the Lux project is expected to bring numerous benefits to Baton Rouge. The residential units will provide much-needed housing in the downtown area, while the commercial space will create new jobs and attract businesses. The public park will also provide a green space and gathering place for residents and visitors. Economic Impact The Lux project is projected to have a significant economic impact on Baton Rouge. It is estimated to create 300 construction jobs and 250 permanent jobs once completed. The development’s commercial space is expected to generate $1.3 million in annual property taxes. Reaction to Approval The City Council’s approval of the Lux project has been met with mixed reactions. Some residents have expressed concerns about the project’s height and impact on traffic. However, many community leaders and business owners have praised the development, saying it will revitalize the historic district and spur economic growth. Conclusion The approval of the Lux development marks a significant milestone for Baton Rouge. The project is a testament to the city’s commitment to preserving its history while embracing progress. The development is expected to not only enhance the historic district but also contribute to the overall economic vitality of Baton Rouge.