Permits have been filed for two apartment buildings totaling 192 units and ground-floor retail as part of The Grove, developer Richard Carmouche’s mixed-use development behind the Mall of Louisiana off Bluebonnet Boulevard at Interstate 10.
The High Grove, which will be developed by The Domain Companies of New Orleans, would have 55,542 square feet of lease space in one three-story building and 105,754 square feet of lease space in the other three-story building.
The High Grove, which will sit on five acres, will have 430 parking spaces, according to the documents filed with the city-parish Department of Public Works.
Carmouche said Friday that work on roads and other infrastructure should begin in the next 45 days in advance of groundbreaking for The High Grove by the end of the year.
The Grove, which is the entire $400 million development on 120 acres behind Dick’s Sporting Goods and the Rave movie theater at the Mall of Louisiana, will be developed in phases.
The next announcement likely will be for a hotel in 2012, Carmouche said.
A purchase agreement has been signed for a high-end hotel, though Carmouche said he cannot disclose the name because a corporate flag has not yet been selected.
Carmouche said plans approved by the city-parish Planning Commission call for three hotels, 900 residential units — including townhomes and assisted living — seven restaurants, 250,000 square feet of retail development and 400,000 square feet of office space.
He said the retail component would be less than in a typical traditional neighborhood development because of the proximity of the mall.
“We’re going to take advantage of the mall for what they have and give them what they don’t,” he said.
Carmouche said The Grove got its name from 12 live oak trees that will be featured at the center of the development.
He said the development will tie into BREC’s Capital Area Parkways plan for a linear park from Siegen Lane to Bluebonnet Boulevard through the property.
Carmouche said The Grove will be developed over the coming years based on market demand for the office, retail and residential components.