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DISTRICT MASTER PLAN: Showing hotel, condos, office buildings, and entertainment complex.
A river park development planned near Hollywood Casino downtown would include an outdoor concert venue, two hotels, restaurants, shops and apartments, as well as a public boardwalk on the Mississippi River.
The half-mile stretch along the Mississippi would go from the edge of Hollywood Casino and along the front of River Park. Pete Clements, River Park’s developer, spoke to the Downtown Development District’s board on Tuesday. Clements said ongoing work on the four-lane road that will pass under the railroad tracks will finish up before the end of the year. The underpass will also include a service road that gives the state servitude to the nearby batture property.
The next phase — the entertainment complex — will be what Clements considers key to making River Park a destination for visitors. This portion would be anchored by a covered, outdoor concert venue that would accommodate up to 2,800 people and 120,000 square feet of restaurants, shops and entertainment options on two stories surrounding the concert venue.
The final phase would be four buildings that would house between 800 and 1,000 apartments for rent or purchase. Clements said this portion is the furthest out — the project has a 10- to 15-year development plan.
A bill by State Sen. Yvonne Dorsey, D-Baton Rouge, would create an economic development district for 60 acres of riverfront property that would include Hollywood Casino Baton Rouge and the future location of developer Pete Clements’ River Park multi-use development.
River Park, still in the planning stages, could generate $84 million in state taxes and $103 million in the first 10 years.
April 13, 2010
By: David Jacobs (Business Report)
April 14, 2010
By: Chad Calder (The Advocate)