New Apartment Development Earmarked for Livingston Parish

For More Information Call:
Tom Delahaye, CST Land Developers, L.L.C., Managing Partner, 225- 933-3584 or
Angela deGravelles 225-202-5073
For Release: Immediately

The Palms at Juban Lakes to begin Construction in July 2017

CST Land Developers, LLC, announced today the new construction of a $24.5 million luxury apartment development that will begin in July 2017. The development, The Palms at Juban Lakes, will be constructed about one mile from the Juban interchange in Livingston Parish.

CST Land Developers obtained construction financing on the project development from Fidelity Bank of New Orleans, said Tom Delahaye, managing partner.  Over $5 million was invested in the new development by private investors.

Principals of CST Land Developers are Delahaye, Stan Baudin, and Chris Coffin, of Plaquemine and Baton Rouge. This is the sixth major project of the firm since it was formed in 2006.

According to the partners, The Palms at Juban Lakes, is earmarked for construction on sixteen and a half acres on Buddy Ellis Road in Denham Springs, which is a part of a 69-acre parcel the partners purchased in July of 2006.

The development is located about one mile off the Juban Interstate 12 interchange and will be adjacent to two CST developments, The Crossing Apartments, which opened in 2007;  and The Village at Juban Lakes, which opened in 2011.

Construction of the new Palms complex is earmarked for completion of the 144-unit apartment development by the summer of 2018.

The development will utilize a traditional three story garden style walk up designed by architect Lance Malley, AIA, of The Architectural Studio of Baton Rouge, Louisiana.   Murray McCullough of Benchmark Group, LLC is providing the engineering design.

CST Land Developers, LLC has also developed The Crossing Apartments, The Reserve at Jefferson Crossing, The Village at Juban Lakes, all located in the Baton Rouge area and Sonoma Palms Apartments located in Las Cruces, New Mexico. The Palms will bring CST’s ownership to approximately 900 units.

“This development is a high end market rate development that will have many unique features in the one, two and three bedroom gated community,” said Delahaye. “The Palms will have hardwood floors, garden tubs, crown molding, stainless steel appliances and granite counters,” said Delahaye. It will also feature garages and carports. All third floor apartments will have vaulted ceilings as a special amenity.

The complex will also have a large swimming pool, volleyball and basketball courts, a fully-equipped fitness center, luxury club house with business center, resident dining room, and walking trails.

Delahaye said that lease rates will be from $1155 for a -1- bedroom, $1355 for a 2- bedroom, and $1455 for a 3-bedroom.

“Fidelity Bank is pleased to assist CST with the financing,” said Randy Crochet, vice president and bank loan officer. “Our underwriting shows there is unmet demand for moderately priced rental housing in the Denham Springs market. The Palms at Juban Lakes is projected to compete very favorably with existing products due to its unit and project amenities.”

For more information, contact Delahaye at 225-933-3584.