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Land deal for IBM building finalized

3 years 4 months 1 hour ago September 24, 2013 Sep 24, 2013 Tuesday, September 24 2013 September 24, 2013 11:37 AM in News
Source: WBRZ
By: Russell Jones

BATON ROUGE - The deal to sell a portion of land slated to be the site of a new IBM complex in Baton Rouge was completed earlier Tuesday.

The Manship family, who owns the land in downtown Baton Rouge, signed the paperwork a few days ago. Today the buyers completed their part of the transaction.

The site includes the former location of The Advocate newspaper's offices. A groundbreaking ceremony for the development is scheduled for Sept. 26.

IBM is expected to open the office in spring 2015, and employ around 800 people there once it's fully up and running.

News 2 will have more on this breaking story tonight on our evening broadcasts.

WBRZ is owned by the Manship family.

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