Originally Posted in Baton Rouge Business Report
Brian Dantin with Dantin Bruce Companies has experienced success in developing upscale student housing in close proximity to LSU. The company recently put together a site on East Boyd Drive for the construction of a 28-unit project, purchasing four lots totaling 46,800 square feet for $1.2 million, or about $25.65 per square foot. The seller was William Arthur Reich.
The complex, 333 Lofts at East Boyd, will have two- and three-bedroom units priced from $215,000 to $285,000. Interior amenities include loft ceilings with exposed air-conditioning ducts, and exterior amenities include a pool and fire pits. The facility will be gated.
“The success of Parker Place, recently selling units in the $250,000 to $260,000 price range, supported our decision to develop additional units,” Dantin says.