Occasionally, because Bedico Creek Preserve is such a popular neighborhood on the northshore of Lake Pontchartrain in New Orleans, Louisiana, we will have newspaper, magazine, and online articles and blogs written about our master-planned community. We feature these articles in our Press Room area. Also, we sometimes create press releases for special news and events that are happening at Bedico Creek Preserve. You can find all of this information, plus make media inquiries all right here in our Press Room.

Old Mandeville Residents Discuss New Ordinance

The Mandeville city’s lakefront, known as the “crown jewel” of Mandeville and St. Tammany Parish is quite the talk of the town lately. On July 23, 2015, the Mandeville City Council  voted 3-1 to establish an ordinance that will allow special events at four designated areas The Mandeville Trailhead of the Tammany Trace, Sunset Point, the east end at the harbor, and about a three-and-a-half block area just west of Girod St. to the east of Ravine aux Coquille.  The ordinance will not block the public events such as festivals, concerts and road races, but will mandate the exact area in which the events will be held.

The City Council believes that the ordinance will help to “preserve and protect the lakefront for the entire community.” Many Old Mandeville residents feel it will help preserve the grand homes and the irreplaceable oak trees around the lakefront, which will help ensure the city’s old world charm and unique character. Homeowners Old Mandeville Lakefronthave concerns regarding noise levels and crowds. Numerous complaints from homeowners have been received by the city regarding lakefront events with concerns such as noise, traffic and trash. An amendment to prohibit “amplified music” was proposed but dropped for fear of the negative impact it would have on big events such as the annual Louisiana Philharmonic Orchestra concert on the lakefront.

On the flip side, Donald Villere, Mandeville’s mayor, vetoed the ordinance approval that restricts where special events can be held in the city. He believes that it will only hinder the community by eliminating a nice portion of the lakefront where people hold special events.  The majority of the area specifically prohibited by the ordinance’s includes the widest and shadiest portion of the shoreline.

Villere commented that, “This ordinance is not only bad policy; it stands against the core values Mandeville was founded on.”  The Mandeville Family Reunion event held every year uses the lakefront as their picnic area. Members are distraught with the idea of having to lose the lakefront spot.

Even with homeowners’ concerns, the land which consists of the Mandeville lakefront is zoned as mixed use of residential and commercial developments. Because of this Mandeville’s growing population and the lakefront’s popularity is bringing a demand for more development. Younger families are attracted to the live, work and play feel of the community.  Brad Del Rio says he likes the neighborhood’s “walkability,” which allows him to amble to restaurants, retail shops and other businesses.

The fight might be a moot point as a new residential and retail development, Port Marigny, with approximately 500 housing units, retail outlets including a grocery store, four restaurants, a boutique hotel, a public park, a marina and promenade is slated to be built on 78-acres west of the Mandeville Lakefront. New Urbanism expert Steven Oubre says, “Old Mandeville is one of the most unique and special places in all of Louisiana. We are taking that context and expanding it to create Port Marigny.” Port Marigny will be built where the old Pre-Stressed Concrete Products plant sits. The new community will highlight the Old Mandeville charm, observing its ambiance and nuances.  Mandeville’s lakefront and city might very well be redefined by the Port Marigny project.

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Commercial Development in Covington Offers Shopping / Dining

Conveniently located off Interstate 12 in Covington near Madisonville, Pinnacle at Nord du Lac Shopping Center has just about anything you might need. The 300,000 square-foot main district shopping center made its debut in the fall of 2010 and includes big retailers such as Academy Sports and Outdoors, Kohl’s, Kirkland’s, Petco, Hobby Lobby and restaurants that include Texas Roadhouse, Olive Garden and Cracker Barrel.

The commercial development in Covington is owned by MAA, a Memphis, Tennessee, based company but the local Louisiana Gulf States Real Estate Services has taken over leasing, sales and on-site management. Many retailers have been scoping the New Orleans market and the north shore as a great spot for them to open new stores. In fact, Gulf States Real Estate Services has been talking to new tenants who might indeed choose Pinnacle at Nord du Lac Shopping Center to open their new locations.

Gulf States Real Estate Services President, Mike Saucier, has big plans to entice potential tenants to the shopping center. Part of the plans includes a “town center-type” retail development that will incorporate small parks on theCommercial Development in Covington west side of the property. The local management company, along with Mike Saucier, already paved the way for the shopping center’s success when it first opened by participating in the rest stop conversion on I-12. The land east of Pinnacle at Nord du Lac Shopping Center is the location of the St. Tammany Parish future cultural district. The district will consist of a children’s museum and performing arts center. The convenience for many neighborhoods makes the Northshore a great place for new retail.

The new commercial development in Covington  of Pinnacle at Nord du Lac is located only 5.8 miles from Bedico Creek, a master planned community located in Madisonville, LA. Even though the shopping center’s location address is Covington, this shopping and dining facility is convenient for home buyers looking to buy or build a new, custom home in St. Tammany Parish. For More Information, Call 985-845-4200 or E-mail Info@LiveBedico.com.

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Builders & Buyers Enjoying Robust Real Estate Market

Builders and buyers alike are optimistic that the recovery of the real estate market nationwide is here to stay as new home sales increased 18% year-over-year in June, 2015 compared to 2014, and new home inventory also increased by 3.4%.  Builders are discovering that bank construction loans are easing slightly on credit requirements and equity, and also with the increasing number of new home sales, builders are “turning over” the new homes that they are St. Tammany Parish real estate market thriving at Bedico Creek Preservebuilding so they are freeing up capital to invest in new lots for sale in traditional as well as master planned developments.

However, all of the great news regarding the real estate market was tempered by a slight drop in sales from May to June, 2015, for a total drop of 6.8%, down from 517,000 in may to 482,000 in June.  However, the summer months sometimes experience a lag because of school getting out, and potential home buyers going on vacation in the early part of the summer.  Overall, new home sales have been increasing both incrementally and expotentially since 2012.

Good news for builders is that there is an increasing demand from new home buyers for homes to purchase. This demand has not tapered off or decreased since the housing market started its recovery.  This trend has especially been noticed in the new, master planned community of Bedico Creek Preserve in St. Tammany Parish which features 11 Neighborhoods of new homes for sale, lots for sale, and new homes under construction.  Buyers living on the 0-277 W. Longview Front ExteriorNorthshore already find that this new home community is convenient to the cities of Mandeville, Madisonville, Covington, and Abita Springs in West St. Tammany Parish.

New lots are constantly being developed as new neighborhoods within the subdivision are opening with available lots for those new home buyers interested in building their own custom home.  There is no shortage of new homes to buy and new lots to buy at Bedico Creek in the Greater New Orleans area.  Contact Bedico Creek to schedule a tour of this Conservation Community by calling 985-845-4200 or E-mailing Info@LiveBedico.com.

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Kelly Kristine Waltemath Realtor®, Home Specialist Bedico Creek Preserve

July 6, 2015 – Kelly Waltemath has assumed responsibilities as Assistant Manager and Social Director for Bedico Creek Preserve in Madisonville, along with duties in several other family-developed upscale neighborhoods, where she is specializing in the sale of new and resale homes. She is a licensed Realtor® with Keller Williams Realty Services, a member of the Urban Land Institute, and the New Orleans Board of Realtors.

A New Orleans native, Kelly is 24 and a graduate of Trinity Episcopal, the Academy of the Sacred Heart, and Louisiana State University.  She takes great pride in being the fourth generation Waltemath in real estate.

She enjoys volunteering and giving back to the community at such well-known organizations as Audubon Park’s Zoo To Do, Notre Dame Seminary Lunch for Priests, Boys Hope Girls Hope, and the Sugarplum Ball.

Bedico Creek is one of St. Tammany Parish’s fastest growing Master Planned Communities from developer David Waltemath (previous projects include English Turn and Estates of Northpark).

Kelly Waltemath
504-236-8587

Keller Williams Realty Services
Mandeville, LA
Licensed in Louisiana

New Traffic Circle at Highway 1077 Eases Traffic for Bedico Creek

The much anticipated traffic circle at Highway 1077 and Bootlegger Road (Highway 1085) has been started by the St. Tammany Parish Department of Transportation.  This crucial junction adjacent to the Archbishop Hannan High School, a renowned private school just south of Bedico Creek, has much traffic as subdivision and industrial growth continues construction north on Highway 1077.  There are actually 2 major intersections on 1077 which greatly affect the traffic for residents and employees that use this road.  The second junction is north on 1077 at Highway 190.  Although there has been much talk of building a second roundabout at Highway 190, the only one currently under construction is the one at 1077 and Bootlegger Road.

Bedico Creek Preserve, a new home, masterplanned community in St. Tammany Parish, is located out Bootlegger Road (Highway 1085) just 3.2 miles from Interstate 12.  This new community features lots and new homes for sale, and 11 individual Neighborhoods have been built and developed with lots for sale with 2 more Neighborhoods coming online during 2016.  Bedico Creek already has over 200 new residents in our community, so the traffic circle being built at 1077 and 1085 is a welcome relief for those residents that commute to work and have to travel that road twice a day.  With a convenient location near the city of Covington, Highway 21 and all of the new and existing shopping and dining, and its short distance from the interstate, Bedico Creek offers “ease of use” for our homeowners.

The road construction is being done by Kort’s Construction Services with land clearing and utility relocation being completed in the first phase of this $3.2 million project.  The St. Tammany Parish government plans for the utility location to be done by the end of 2015, and all road construction to be done by fall of 2016.  In addition to being a huge benefit for the current and future homeowners at Bedico Creek Preserve, the new traffic circle at Highway 1077 should also help with school traffic and industrial traffic north of the traffic circle.  In fact, a new Fed Ex distribution center is being built just northwest of the private high school as well.

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More Homes Are Being Built to Supplement the Housing Inventory Shortage

A shortage in homes and a strong job market in the Greater New Orleans area definitely strengthened the housing market, especially in new home construction and the advent of new subdivisions. Solid hiring in the job market, low mortgage rates and easier credit conditions have driven the demand for new home buyers to purchase a new home8-217-st-calais-place-backyard-view for sale. The Greater New Orleans area alone represents 20% of the new jobs that have been created this year in the state of Louisiana which has led to the strong home sales on both the north shore and the south shore.

West St. Tammany Parish has seen a decrease in housing inventory making the average sales price increase.  The housing market in general is leaning more towards a seller’s market because of the lack of supply of homes for sale.  This lack of inventory in homes priced from $190,000 – $300,000 is causing a bidding war pulling the average sales price for metro New Orleans up by 7.8% from $197,300 to $212,610. New Orleans has seen an increase from 21,954 homes sold annually in 2010 to 30,322 in 2014. Homeowners are starting to realize that this is the time to sell, and for home builders now is the time to build new homes for sale in St. Tammany Parish on the northshore.

On the flip side, home buyers will not have long to wait because more homes are being built which means the inventory problem will start to correct itself. According to Richard Haase, president of NAI/Latter & Blum, who 1-1036-cypress-crossing-drive-exterior-2reported at the UNO/Latter & Blum Economic Outlook & Real Estate Forecast Seminar for the Northshore Region, which was held at the Clarion Inn & Suites Conference Center in Covington, ”There’s a lot of pent-up demand,” he said, because tight lending standards have kept potential buyers out of the homebuying market, even as the economy recovered. ”For the next one or two years, I’m extremely optimistic about housing prices and housing affordability,” Haase said. ”We’re in a very healthy supply-and-demand market.”

Bedico Creek Preserve in Madisonville, Louisiana, offers new homes for sale that could plug the dearth of homes priced from $190,000 – $300,000.  Two neighborhoods being built in this master planned community in St. Tammany Parish offer new homes for sale from the $230’s – $300’s.  These two neighborhoods are called Cypress Crossing and Deer Park.  Also, if you purchase one of our lots for sale in the Garden / Courtyard section of this St. Tammany Parish subdivision, you can build a home starting from the $290’s.  For more information about our homes for sale, Contact Bedico Creek at 985-845-4200 or E-mail Info@LiveBedico.com.

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