New Businesses, New Homes in Covington, Louisiana
The land owned by All State Financial Co. has been approved by the St. Tammany Parish Zoning Commission to be newly zoned as PBC-1 (Planned Business Campus) and HC-3 (Highway Commercial District). The previous zoning for the 48-acre plot, which is next to Colonial Pinnacle Nord du Lac shopping center above I-12, was A-3 (Suburban District) and HC-3 (Highway Commercial District). The suburban district would have prevented commercial development, and the HC-3 designation was only for light commercial such as hotels and restaurants.
The goal of All State Financial was to be able to zone the land so that publicly-owned companies could develop the land. The reason for this is to make the land usable so that the St. Tammany Parish Government and the Children’s Museum of St. Tammany would finally be able to realize its dream of a cultural arts district which will include a wetland conservatory, an amphitheater and theater for the performing arts, nature trails along the river, and a new children’s museum. The land for this cultural arts district is being donated in part by Bruce Wainer, the developer who is a partner to All State Financial on the project.
Over the past 6 years, The Children’s Museum of St. Tammany organization has raised $620,000 towards the development of kid’s projects in St. Tammany Parish. During Christmas of 2013, the commencement of the new construction of Kid’s Town was featured as part of The Holiday of Lights Christmas celebration at Koop Drive, which is paid for and sponsored by the Tammany Trace Foundation and the St. Tammany Parish Government. So far, financing for the cultural arts district and The Children’s Museum is undecided, but Wainer says he envisions the money to come from some sort of public/private partnership.
2.5 acres of the land will be used specifically for development and construction of a restaurant. This land was zoned HC-3 for this purpose. The rest of the property that is not included in the cultural arts district for St. Tammany Parish will be used to develop and construct mid-rise office and residential buildings, hotels, motels and convention centers; college, universities, and research centers; and public utility facilities.
To the north of this developed land, the St. Tammany Parish Zoning Commission allowed rezoning for All State Financial’s 80-acre property which will be used for a 146-lot residential subdivision. The community will feature lot sizes from 60 feet by 120 or 130 feet which will allow 1.7 homes per acre. The subdivision will be independent of any other neighborhoods in the area and will back up to Flower Estates subdivision in Covington, LA.
For residents of Bedico Creek, the development of this land and the new cultural arts district in St. Tammany Parish will mean a convenient drive from 1085 to Hwy. 21 for our families to conveniently enjoy all that the arts district will offer. Also, with all of the shopping and dining off of Hwy. 21, our residents can enjoy all that St. Tammany Parish and Covington, Louisiana have to offer while still being able to live in our private, secluded nature conservatory – Bedico Creek Preserve. To make your home in this subdivision, Contact Bedico Creek at 985-845-4200 or E-mail [email protected].