BUSINESSJun 30 · 20:00 UTCBATON ROUGE BUSINESS REPORTJordan Arceneaux

A look at what’s reshaping Donaldsonville amid an industrial boom

Donaldsonville's commercial real estate market has cooled slightly after a surge driven by Korean investors linked to industrial growth in Ascension Parish. New businesses like Hi Bob and Gangnam Grill are opening, and a Korean investment group recently purchased a downtown property for $2.253 million. Delays in the Hyundai-POSCO Louisiana Steel mill permitting process temporarily slowed interest but momentum is returning.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

DonaldsonvilleplaceShane GuillotpersonGuillot PropertiesorganizationKorean InvestorsorganizationHi BoborganizationGangnam GrillorganizationHyundai-POSCO Louisiana Steel millorganizationAscension ParishplaceWhite Castleplace

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