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.

14th Annual Economic & Real Estate Forecast Symposium, October 10, 2024

This event is will be held at the popular Jefferson Performing Arts Center in Metairie.

Economic & Real Estate Forecast Symposium

Jefferson Performing Arts Center
6400 Airline Dr
Metairie, LA 70003

October 10, 2024
8am – 5pm

$60 – $85+

Click Here for More Information.

Harbor Center Unveils Major Expansion, Offering New Meeting Spaces and Event Flexibility

On August 22, The Harbor Center in Slidell proudly revealed its long-awaited expansion, marking a new chapter in the facility’s history. The added meeting rooms have quickly captured the interest of event planners and individuals looking to host both intimate and large-scale events.

Harbor Center General Manager Kathy Lowrey expressed excitement about the versatility of the new space. “The best part about this new space is that it allows for such a diversity of events, from wedding receptions and baby showers to large corporate conferences needing breakout rooms,” Lowrey said.

The Harbor Center, which originally opened in May 2005, had always envisioned additional meeting space. However, financial limitations at the time delayed its construction, explained Ron Blitch, the architect from Blitch Knevel Architects who worked on both the original building and the new 9,000-square-foot addition. Blitch praised the result of the expansion, saying, “This expansion is the look we always hoped for. It is meant to look as if it has always been here.”

The newly unveiled space is designed to draw more events to St. Tammany Parish while also providing greater flexibility for existing users. A new second entrance now enables the Harbor Center to host multiple events simultaneously. The expansion’s centerpiece is a 6,500-square-foot multipurpose room, which can be divided into four smaller meeting rooms, each equipped with Wi-Fi, adjustable lighting, and a recessed projector screen. Without dividers, the room transforms into a spacious venue capable of accommodating 420 guests for a banquet, 306 in a classroom setting, or 650 in a theater-style arrangement.

The grand opening ceremony on August 22 featured a brass band leading a second line parade around the facility, showcasing the banquet-style layout of the fully opened space.

Sales and Marketing Manager Cody Bienvenu highlighted the broad appeal of the new space, saying, “We are seeing birthday parties, lunch-and-learns, and showers. We can accommodate every event from the corporate meeting to the franchisee gathering.” He emphasized that the expansion adds both options and flexibility for larger events like corporate conventions, as well as smaller, more personal gatherings.

Harbor Center Board Chairman Mark Myers hailed the expansion as “a meeting planner’s dream,” noting its potential to elevate the scope of existing events and attract even larger ones. Parish Councilman Larry Rolling of Covington echoed this sentiment, emphasizing the broader benefits the expansion will bring to the entire parish. “The economic impact from this upgrade will be seen throughout St. Tammany. It’s hard to find beautiful event space like this,” he said.

In attendance at the grand opening were St. Tammany Parish President Mike Cooper, Harbor Center Board members, and representatives from local business and civic organizations, including the East St. Tammany Business Alliance and the St. Tammany Chamber of Commerce. Architects from Blitch Knevel and builders from Voelkel McWilliams Construction were also present, alongside various government and civic leaders.

Looking to the future, Lowrey revealed that the next phase of the $3.3 million self-funded expansion project includes plans for a potential on-site hotel, which would be developed through a public-private partnership. Several developers have already shown interest, and Lowrey envisions a hotel connected to the Harbor Center with accompanying restaurants, further enhancing the venue’s appeal.

“A hotel that would attach to The Harbor Center in a public/private partnership, with restaurants to follow, would bring this space to the next level,” Lowrey added.

With its new facilities and future development plans, The Harbor Center is poised to become an even greater asset to the St. Tammany community and a prime destination for events of all sizes.

Click Here For the Source of the Information.

Covington Three Rivers Art Festival, November 10, 2024

This is one of the largest juried art festivals in the region and is in Covington.

Three Rivers Art Festival

Columbia Street (Downtown)
Covington, LA 70433

November 10, 2024

Music Lineup:
Dr. Ben Redwine
Lake Ragan
Ghost Town Duo

Click Here for More Information.

Covington Three Rivers Art Festival, November 9, 2024

This is one of the largest juried art festivals in the region and is in Covington.

Three Rivers Art Festival

Columbia Street (Downtown)
Covington, LA 70433

November 9, 2024

Music Lineup:
Crispin Schroeder
Those Olivier’s
The Teche Two

Click Here for More Information.

Consumer Optimism Rises in Real Estate Market, Despite Industry Pessimism

While the real estate industry may be feeling the weight of current market challenges, consumer optimism appears to be on the rise. According to the latest Fannie Mae Home Purchase Sentiment Index, consumer confidence in the housing market increased in June, reaching 72.6—a 3.2-point gain from the previous month and the highest level in over two years. This improvement suggests that more consumers are beginning to see the glass half full when it comes to buying and selling homes.

A Shift in Consumer Sentiment

In June, the share of consumers who believe it’s a good time to buy or sell a home increased, although the number of those who think it’s a good time to buy remains relatively low at 19%. This is, however, a notable improvement from May, when this share hit an all-time low of just 14%.

While the June index reflects a positive trend, it’s important to note that consumer sentiment is still well below pre-pandemic levels. The index, which fell to a 13-year low in the fall of 2022, is still far from its summer 2019 peak of 91.5. Despite the gains, consumers remain cautious, with many expecting home prices and mortgage rates to continue rising over the next 12 months. However, this concern is tempered by a growing sense of job security, which could make potential buyers feel more comfortable entering the market.

“Affordability concerns remain the primary driver of consumer housing sentiment, even as the topline findings from our monthly survey showed a modest uptick in optimism on both homebuying and home-selling conditions,” said Mark Palim, Fannie Mae’s deputy chief economist. Palim also pointed out that meaningful improvements in sentiment are unlikely without significant progress on affordability, either through lower mortgage rates or increased housing supply.

Industry Sentiment: A Different Story

While consumers are beginning to feel more positive, the sentiment within the real estate industry is trending in the opposite direction. Builder confidence, as measured by the National Association of Home Builders, has been steadily declining, reaching a score of 43 in June. This decline suggests that builders are increasingly concerned about the market’s future prospects.

Similarly, the latest confidence index from the National Association of Realtors indicates that real estate professionals are less optimistic about buyer traffic increasing year-over-year in the next three months. This growing industry pessimism contrasts sharply with the slight uptick in consumer optimism.

Conflicting Views on Mortgage Rates

Mortgage rates remain a key point of contention between consumers and industry experts. While many industry economists predict that mortgage rates will begin to decrease later this year, consumers are not as convinced. According to Fannie Mae, 33% of surveyed consumers expect mortgage rates to rise in the next 12 months, while only 24% expect them to fall. This marks a significant shift from six months ago when more consumers anticipated a decline in rates. The change in consumer expectations coincided with the Federal Reserve’s decision to delay cutting interest rates, which has kept mortgage rates elevated.

The Road Ahead

The mixed messages from consumers and industry professionals underscore the uncertain path ahead for the real estate market. While consumer confidence shows signs of recovery, significant challenges remain, particularly around affordability. The direction of mortgage rates and the availability of housing supply will likely be key factors in determining whether this newfound optimism can be sustained.

For now, the housing market continues to navigate a complex landscape, with both consumers and industry insiders watching closely to see how these dynamics will play out in the coming months.

Click Here For the Source of the Information.

Sunset at the Landing Concert Series, September 20, 2024

Past concerts include performers such as The Steve Anderson Band in Covington.

Sunset at the Landing Concert

Columbia Street Landing on the Bogue Falaya River
100 N. Columbia St.
Covington, LA 70433

September 20, 2024
6PM – 9PM

Free Event!

For More Information