Originally published in The Greater Baton Rouge Business Report
Alexandria Burris | @allyburris
February 27, 2017
Level Construction and Development LLC has bought 34 vacant lots at Copper Mill in Zachary for roughly $1.7 with plans to build eighth and final filing of the subdivision and golf club.
Represented by founder Todd Waguespack, Level purchased the lots from Cedar Bend LLC, represented by attorney Erik Piazza, and managed by Brian Dantin and Ross Bruce. The deal was filed on Thursday.
The sales price works out to about $49,000 per lot. Waguespack says Level will build 34 homes that will range in price from range from about $300,000 to roughly $400,000.
“It will be similar to the houses that we’re currently building in there,” Waguespack says of the final filing.
Construction will begin within the next 30 days, and the phase is expected to be completed in about two years, Waguespack says.
Last year, Level and DSLD Homes swapped more than 150 lots in a $6.9 million deal. Through EWL Development LLC, Level picked up a total of 65 lots including 12 in the seventh filing of the Copper Mill, which is located off of La. 964.
—Alexandria Burris