$30 million bond approved for Juban Crossing
BATON ROUGE - The La. State Bond Commission approved the sale of $30 million in bonds for Juban Crossing.
It is more good news for the Livingston Parish retail center after delays caused by downturn in the economy.
Developer Scott Crawford says deals with stores have been finalized. He is waiting to make the announcements with those retailers.
The bond deal relies on collateral from future sales taxes at the site. The entire project will take up to seven years to complete. A total of $200 million in bond sales are expected.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Pointe Coupee residents learn more about possible government change
Tax rebate program could revitalize "Hollywood South" status
Officials to announce construction sites for 46 new homes
Council agrees naming rights for 'Raising Cane's River Center'
Man rushed to surgery after morning shooting