Construction is scheduled to begin in late April-early May on the first retail tenant in the Rouzan development — a 30,000-square-foot location for a national grocery store chain.
Plans for the store should soon be submitted to the city-parish Department of Public Works to review for a building permit, said Charles Landry, a Baton Rouge attorney who was part of a group of investors who acquired much of Rouzan last month. Landry could not disclose any further details about the identity of the store, citing confidentiality agreements.
It should take about eight to 10 months to build the store, which will have frontage close to Perkins Road.
The store is part of a 4.4-acre tract that is still controlled by Rouzan’s original developer, Tommy Spinosa.
Spinosa sold 65 acres of residential land in January to Engquist-Rouzan Residential Development LLC for $21 million and a stake in 32 acres designated for commercial development to Engquist-Rouzan Commercial Development LLC.
Rouzan is located on a 120-acre tract near Perkins and Glasgow roads.
While there are about 75 homes in the neighborhood, development has been stifled. The most recent problems were due to the fact that First NBC Bank provided financing for all of Rouzan. When that New Orleans bank was abruptly closed by federal and state bank regulators in April, Spinosa was stuck in limbo because there wasn’t a bank for him to go to get a release from the mortgages.
The city-parish Planning Commission is set to consider a final development plan for a 9.2-acre portion of Rouzan at its March 19 meeting. This will include the 4.4-acre portion still owned by Spinosa and an adjoining tract.
Plans are to put the grocery store and an attached 5,166-square foot building, along with a 13,683-square-foot building on the Spinosa property. The other portion will include a four-story mixed-use building, which will have 6,400 square feet of retail, 149 residential units and a parking garage with more than 900 spaces.