From Baton Rouge Business Report
Central Community School officials have purchased two tracts of land off Sullivan Road for $2.45 million. The sites, which total 84 acres, are between Hooper and Joor roads, says Brian Kidwell, director of business for the school system. Design work for the new upper elementary and middle school has already started; Kidwell says the plan is to have the facilities open by the start of the 2011-12 school year.
From the Baton Rouge Business Report
Capital Region home sales were down 6% in February, when compared to the year before. According to figures from the Greater Baton Rouge Association of Realtors Multiple Listing Service, there were 415 homes sold in the Capital Region, compared with 443 in February 2009. Ascension Parish once again saw its sales increase, going from 91 MLS transactions in February 2009 to 94 last month. The average sale price in Ascension was down, however, from $213,461 to $192,596. East Baton Rouge Parish saw its home sales fall by nearly 15%, from 241 to 206. The average sale price was virtually unchanged, from $212,603 in February 2009 to $211,956 last month. Livingston Parish average sale prices increased, from $149,930 in 2009 to $157,000. But the number of homes sold in the parish dropped to 77, from 86 in February 2009. Sales and average prices were up in the other category, which includes MLS sales in parishes such as West Baton Rouge, Iberville and the Felicianas. There were 38 homes sold, at an average price of $166,807, compared with 25 sales and an average price of $154,562 in February 2009. Through the first two months of the year, the number of home sales was down 6% in the Capital Region, to 790, while the average sale price was down 2%, to $189,253.
—Timothy Boone