DENHAM SPRINGS — Developers say they are seeking creation of another economic development district across the street from Bass Pro Shops.
Coupled with that, they want an additional 1-cent sales tax collected within the proposed district to finance infrastructure, fill and wetland mitigation, Joe Moore of Re/Max First Commercial said Friday.
The developers said they plan to ask the Livingston Parish Council and the Drainage District 5 board to allow them to use 40 percent of road and drainage sales taxes collected in the district. That money would be spent on road and drainage work within the district, said architect Brent Bueche, a spokesman for the developers.
The group is not asking for any revenue that the council or drainage boards are currently receiving because there are no businesses open at this time in the proposed 19-acre district, said Bueche, president of BBI Architects.
From the new sales tax, 20 percent would be set aside to be used as matching funds for an envisioned Interstate 12 interchange on 4-H Club Road near the site of the development, Bueche said.
The developers are not seeking to use any taxes from the School Board, other parish governmental bodies or the state, said Jim Ryan, a financial adviser to the Parish Council, who has met with the developers.
The 40 percent of taxes used would come only from a half-cent sales tax collected by District 5 and from the road portion of the Parish Council’s 1-cent sales tax. It would apply only to sales occurring in the new economic development district, he said.
The economic development district would be outside of the city limits of Denham Springs, and the Parish Council would act as the board of the economic development district, Ryan said.
The developers plan to take the proposal to the Livingston Parish Council on May 9, Bueche said.
The two-phase development would create about 400 direct, permanent jobs and about 95 construction jobs, Bueche said.
The national companies planning to move into the first phase of the site want to open before school starts in 2014, he said.
The 19-acre development district would include 150,000 square feet of new retail development in two phases, Bueche said.
The first store to break ground next month will be Cavender’s, a Texas-based Western wear shop, he said.
The entire development, including the Bass Pro store, will become known as Riverside Landing, Bueche said.
Jacob Fakouri, the developer of the Bass Pro site, is one of the landowners in the new development on the south side of Bass Pro Boulevard, Moore said.
The southeastern part of Riverside Landing wasn’t made part of the proposed economic development district because a large part of it has not been sold, he said.
Also, it is in the city limits, which means it is part of a different political jurisdiction, Moore said.