Plans are in the works to build two multistory office towers in the Towne Center at Cedar Lodge. George Kurz of Kurz & Hebert Commercial Real Estate, who serves as a leasing agent for the development, says the towers would face Corporate Boulevard and have a combined total of 150,000 square feet of space. "The people who are trying to move forward with that have an interest in doing office condos, with someone owning a whole floor with 16,000 to 20,000 square feet per floor," says Kurz. The Creekstone Companies, which developed Towne Center, is one of the potential developers of the offices, along with another group, Kurz says. Along with retailers, restaurants and a hotel, Towne Center is home to several businesses, including local offices for State Farm Insurance and Omni Bank. Republic Finance is also building in Towne Center and should open its 35,000-square-foot building by the end of the year. Kurz says the new buildings hope to attract more financial institutions or attorneys and professionals. "You're well located to all points of East Baton Rouge Parish in Towne Center," he says. Further back in Towne Center, a tract by LSU's J. Bennett Johnston Sr. Center for Advanced Microstructures & Devices sold to an investment group last week for a little over $1 million. Kurz says the long-term goal is to put another office building there too. |