This is the Acadiana Business e-mail newsletter from The Acadiana Advocate.
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The Advocate
Friday, May 17th, 2024
 
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How one developer got around high interest rates and to build 24 units downtown

By ADAM DAIGLE | Acadiana Business Editor​ ​ ​

Welcome to the Friday edition of the Acadiana Business Newsletter. Let's get to the headlines....

Business owner Jacob Andries found a way to launch a large commercial project despite the current high interest rates.

His project will be self-funded.

The $5 million, 24-unit residential project at the corner of Congress and Washington streets has already begun, but it’s taken about five years to get to this point all while federal interest rates on loans have climbed from pandemic-era historic lows..

Read the full story here.

Have a great weekend and thanks for reading. 

 
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'The building would bounce to the beat': Saving one of Louisiana's oldest remaining dance halls

When Slim’s Y-Ki-Ki Zydeco dance hall closed in Opelousas in 2016, it represented an end of an era. Read more

More than 25,000 without power across Acadiana after powerful overnight storms

More than 25,000 Louisianans are without power in the Acadiana area, according to utility companies. Read more

$4.17 million for Lafayette Parish courthouse renovation: See what else is under construction

Commercial alterations Read more

 
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