An office building at 210 Laurel St. has been sold for $432,000 to a Baton Rouge developer who plans to add floors to it and turn it into a mixed-use property.
210 Laurel Street LLC bought the one-story building from the Louisiana Fraternal Order of Police in a deal that was filed earlier this week with the East Baton Rouge Clerk of Court’s Office.
Prescott Bailey, of 210 Laurel, said he’s working with local architect Norman Chenevert to add two floors to the building. The plan is to have the first two floors for office/retail use and put a residential condominium on the top floor.
“We are putting in lots of windows to take advantage of the unobstructed river views,” Bailey said.
Once the work is completed, the building will be about 8,000 square feet.
Bailey is area president for Southern Lifestyle Development, the Lafayette company that is developing The Settlement at Shoe Creek, a nearly 700-unit traditional neighborhood development in Central, and Conway Plantation, a Gonzales development that will have nearly 950 single-family homes plus another 20 acres of apartment buildings.
The redevelopment of the office building is not a Southern Lifestyle Development project, Bailey said.