the settlement on shoe creek...apartments, 100 assisted living units, and 28,000 square feet of...

9018 Jefferson Highway, Baton Rouge, LA 70809 │ (225) 298-1250 │ www.mmcre.com

THE SETTLEMENT ON SHOE CREEKCity of Central, Louisiana

The Settlement On Shoe Creek, a 150-acre traditional neighborhood development (TND), will blend a mix of over 479 home sites, 250 apartments, 100 Assisted Living units, numerous parks, and more than 150,000 square feet of commercial space. A Town Square with outdoor pavilion for concerts and outdoor events will be centrally located within the development. Lot sizes will range from 25’ (town home), 35’-50’ (rear alley load cottages), and 60’100’ (estate homes) front load lots. Lot pricing rang from $40,000 to $87,000. Phase one groundbreaking is scheduled for June 1, 2016. Phase one will include 114 single family homes, 210 apartments, 100 assisted living units, and 28,000 square feet of retail/office buildings, and a 5,000 square foot gym. Contact agent for details regarding Commercial Leasing and Sale opportunities.


OVERVIEW Area Highlights

The development is located on Sullivan Road/Central Thruway near the intersection of Wax Road; shared traffic signal with Wal-Mart Super Center.Central was incorporated as a city of East Baton Rouge parish in April of 2005, and is the home of an estimated 30,000 people. The Central Community School System was ranked 5th by Louisiana’s 2015 Annual District Performance Score.Current traffic counts on Sullivan Road are estimated at 22,000 vehicles per day.The Sullivan Road Green Light Project is a $16.3 million project that is expanding Sullivan Road from the existing two-lane, undivided roadway to a four-lane highway with a raised median, from the Central Thruway to Wax Road. The Central Thruway, which opened in July of 2013, is a three mile stretch connecting Sullivan Road to O’Neal Lane in Baton Rouge that allows drivers easier access to I-12.


LOCATION

AERIAL MAP


MASTER SITE PLAN


MASTER RENDERING


RETAIL SITE PLAN – PHASE 1

BU

ILD

ING

4

Contact agent for LEASING details.


RETAIL RENDERING


MULTIFAMILY SITE PLAN


MULTIFAMILY RENDERING


ASSISTED LIVING – Site Plan


ASSISTED LIVING - RENDERING


DEMOGRAPHICS

2015 Vacant Housing Units 72 296 1,041

2015 Renter Occupied Housing Units 309 1,541 3,872

2015 Owner Occupied Housing Units 722 5,808 14,817

2015 Total Housing Units 1,104 7,645 19,729

Housing

Pe r Ca pita Inc ome

2015 Per Capita Income $26,800 $30,901 $28,486

Ave ra ge House hold Inc ome

2015 Average Household Income $70,247 $80,154 $76,999

Me dia n House hold Inc ome

2015 Median Household Income $56,949 $63,413 $60,843

2015 Average Household Size 2.58 2.58 2.70

2015 Total Households 1,032 7,349 18,688

House holds

2015 Hispanic Origin (Any Race) 2.5% 2.1% 3.4%

2015 Two or More Races 2.0% 1.5% 1.3%

2015 Other Race 0.7% 0.6% 1.5%

2015 Pacific Islander Alone 0.0% 0.0% 0.0%

2015 Asian Alone 1.1% 0.8% 1.1%

2015 American Indian/Alaska Native Alone 0.5% 0.4% 0.4%

2015 Black Alone 12.4% 11.2% 28.6%

Ra c e a nd Ethnic ity

2015 White Alone 83.2% 85.5% 67.1%

2015 Median Age 36.8 39.8 38.2

2015 Female Population 50.7% 51.0% 51.4%

2015 Male Population 49.3% 49.0% 48.6%

2015 Population 2,674 18,993 50,547

Popula tion

1 mile 3 miles 5 miles


DRIVE TIMES

DriveTime

PopulationAverageIncome

# of HH

5 Min 3,134 $72,521 1,321

10 Min 39,782 $77,814 15,652

15 Min 144,064 $67,847 57,181

Data provided by ESRI via STDB


Southern Lifestyle Development (“SLD”) was formed out of a desire by its principals to change the way real estate should be developed. Its primary mission

is to build communities that celebrate lifestyle by introducing components that elevate ones quality of life. Its inaugural entry into the world of real estate

development is the Nationally acclaimed Village of River Ranch, one of the most well- known and successful smart growth communities in the Nation. Building on

the success of River Ranch, SLD is currently developing several smart growth, mixed-use communities throughout the State of Louisiana. Recognizing that mixed use elements could not always be incorporated into certain sites, SLD

began developing more conventional communities that nonetheless incorporate lifestyle elements such as walkability, recreational features and parks and open

spaces; communities that change the way people live.

SLD was formed by Robert Daigle, Rodney Savoy and Robert Gagnard, the original developers of The Village of River Ranch. Currently, SLD has thirty

communities under various stages of development throughout the State of Louisiana

SOUTHERN LIFESTYLE DEVELOPMET


CONTACT INFORMATION

BENJAMIN STALTER, [email protected]

RANSOM [email protected]

WADE GREENE, [email protected]

the settlement on shoe creek...apartments, 100 assisted living units, and 28,000 square feet of...

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