Women's Hospital partners with real estate firm to construct neighborhood
BATON ROUGE - Woman's Hospital has entered a partnership with real estate and land development firm Engquist Development to transform a hospital-adjacent, 100-acre tract of vacant land into a neighborhood.
The neighborhood will be called Materra and is set to include a clubhouse, pool, outdoor fitness trail, playground, open green space, commercial business, and the award-winning BASIS Charter School, which opened in 2018.
Dr. Barbara Griffith, CEO of Woman's Hospital, released a statement regarding the proposed development, saying, "If our hospital is the model for how life should begin, we want Materra to be the model for how a life should be lived."
The development will offer housing options with a variety of starting price points, "with the smaller homes starting in the high-$200s," according to a press release issued Monday.
Early stages of construction are set to begin immediately, with the first homes starting construction in late 2020.
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