The recent dirt work happening at 4800 Ambassador Caffery Parkway, at the corner of Frem Boustany Drive in Lafayette, is part of a new 27-acre, 5-lot commercial development by Stirling Properties that could eventually include retail, office, medical, and hospitality businesses.
Over the past week, we’ve been flooded with a number of questions about the construction. After reaching out to the developers, we now have a better understanding of what’s happening.
According to preliminary plans, the development will feature 5 tracts (lots) of varying sizes, along with an internal roadway system that includes a centrally located roundabout.
The 5 tracts are broken down as follows:
- Tract A: 9.679 acres (421,614 sq. ft.)
- Tract B: 8.631 acres (375,958 sq. ft.)
- Tract C: 2.141 acres (93,270 sq. ft.)
- Tract D: 4.234 acres (184,451 sq. ft.)
- Tract E: 2.639 acres (114,942 sq. ft.)
A separate section of the property once belonging to The Society of the Roman Catholic Church has been acquired by STM and is not included in the commercial development.
According to Ryan Pécot, Senior Retail Leasing and Development Advisor with Stirling Properties, the current work is focused on horizontal infrastructure, including utilities, a master stormwater retention system, and internal roadways. The development will have two access points, one on Ambassador Caffery and the other on Frem Boustany…