Presentation on theme: "Property Overview. Howell Place 200-acre tract of North Baton Rouge land that has been transformed from unused acreage to a multi-use commercial and industrial."— Presentation transcript:
Howell Place 200-acre tract of North Baton Rouge land that has been transformed from unused acreage to a multi-use commercial and industrial park.
Howell Place Only a ten-minute drive from downtown BR via I-110 Strategically located at the intersection of Harding at I-110 and Plank Road at Airline Highway Harding at Plank sees 38,600 daily traffic count with 150,000 car count on all four sides
Howell Place East of the site along the Mississippi are Southern University and industrial plants with over 20,000 employed. Exxon, Entergy & Georgia Pacific use 80,000 hotel rooms annually. Baton Rouge Metro Airport traffics 1.1 million travelers annually.
Howell Place Howell Place is currently home to Greater Baton Rouge Surgical Hospital, Hilton Garden Inn, a Wal- Mart Distribution Center, Exxon, Burger King, Sonic Drive-In, Racetrac, Chevron, Neighbors Federal Credit Union and a 100-unit apartment complex.
Howell Place KEY INVESTMENT HIGHLIGHTS Baton Rouge, the state capital, has become the largest city in Louisiana due to individuals and businesses relocating following Hurricane Katrina, the worst natural disaster in U.S. history. Pre-Katrina MSA population of 722,646 (70 th largest) has increased by approximately 400,000 temporary residents and it is estimated that 40% remained in Baton Rouge. Port of Baton Rouge ranks 9 th in the nation in waterborne commerce and is the farthest inland deep-water port on the Mississippi River and Gulf of Mexico. Baton Rouge has the largest concentration of petrochemical industry in the state with 62 plants and 10,000 workers. Exxon/Mobil is the 2 nd largest refinery in the U.S. and 9 th worldwide.
Howell Place The 131-room Hilton Garden Inn is Baton Rouges first full-service airport hotel. Pre- Katrina, the hotel was averaging a weekly occupancy rate of 80%. Post-Katrina, the hotel has maintained 90%+ occupancy.
Howell Place A 290,000 square-foot tract in Howell Place is home to the $23 million Greater Baton Rouge Surgical Hospital, which includes a surgical hospital, two medical office buildings and 995 parking spaces. The hospital is believed to be the nations first surgical- specialty hospital developed by a predominantly African- American physician group.
Howell Place is home to IHOP and Country Kitchen restaurant is currently under construction.
Howell Place Directly across from Howell Place on Harding is a $50 million city-parish telecommunications center. The city also plans to spend $38 million to move police HQ and EMS to the complex.
Howell Place A Louisiana State Public Safety Training Complex is located across the street from Howell Place. Federal and state public officials plan to promote the project as a multifaceted training campus serving states along the Gulf of Mexico.