UL lands $20-million investment; permit issued for new low-income apartments | Business Buzz

William Taylor Potter
Lafayette Daily Advertiser

Each week, we’ll offer insights into new businesses, developments and closings in the area. And we’ll answer your questions about what’s happening in a vacant store or empty lot. Email us at wpotter@theadvertiser.com.

A new commercial development permit was issued for a new low-income apartment complex in Lafayette, paving the way for a new 120-unit multifamily development, documents from Lafayette Consolidated Government show.

The permit was issued March 18, and the job is valued at nearly $16.6 million. The complex, West Park Apartments, will be located at 105 Reading Ave.

Documents from the Louisiana Housing Corporation said the complex would include 24 one-bedroom apartments, 60 two-bedroom apartments and 36 three-bedroom apartments. 

In June, the Louisiana Housing Corporation approved the project for Piggyback Resilient Mixed-Income funding, which helps low-to-moderate renters who could be impacted by environmental changes. The money came as a result of flooding in 2016.

The West Park Apartments project was approved for $10 million of the PRIME funding, one of three complexes in Lafayette Parish to receive the money. In November, the Louisiana Housing Corporation gave final approval to the $35-million project.

Dr Joseph Savoie UL Lafayette President speaking as The University of Louisiana announces a historic  $20 million investment from the LHC Group. Thursday, March 25, 2021.

LHC Group investing $20 million in UL nursing program

LHC Group, one of the largest home health companies in the country and one of the largest companies based in Lafayette, announced last week that it would be investing $20 million over the next 10 years in the University of Louisiana at Lafayette's College of Nursing and Allied Health Professions.

As a result of the investment, the program could see a new name, a new building and new programs in the near future.

The gift is the largest single private investment in the university's 123-year history and the largest investment in a single college, university President Joseph Savoie said.

The investment will allow the nursing program — one of the largest in the country and a major contributor to the Acadiana health care system — to expand its offerings.

"This historic partnership is a win-win — since both of our organizations share a commitment to excellence in all that we do — especially continuous growth and improvement," said Keith Myers, LHC Group’s chairman and CEO. "The benefits to LHC Group are multi-faceted."

Pending approval from the University of Louisiana System Board of Supervisors, the department will become the LHC Group Myers School of Nursing within the College of Nursing and Health Science.

Lafayette Parish restauranteurs featured in Atlanta Magazine

Three of Lafayette Parish's legendary women restauranteurs were featured by Atlanta Magazine, a large general interest magazine servicing the Atlanta area.

Madonna Broussard of Laura's II, Lori Johnson Walls of Johnson’s Boucaniere, and Lilly Mae Norbert of Norbert Restaurant were featured in the article, which focused on the history and culture surrounding plate lunches in Acadiana.

Domino's hiring 120 in Lafayette area

Domino's franchise-owned locations in the Lafayette area are looking to hire around 120 new workers across 17 stores.  The positions include delivery drivers, customer service representatives, assistant managers and managers.

“We have a huge need to hire additional team members,” said Glenn Mueller, a local Domino’s franchisee, in a press release. “We want to continue providing great service and delicious pizza to our customers, and in order to do so, we need more part-time and full-time team members.”

Lafayette Regional Airport receives COVID relief funding

The Lafayette Regional Airport and Paul Fournet Field Airport are receiving more than $2.3 million as part of the Coronavirus Relief and Response Supplemental Appropriations Act of 2020 to help airports with the cost of operations, personnel, cleaning, sanitization, janitorial services, debt service payments and preventing the spread of COVID-19.

U.S. Sen Bill Cassidy said in a press release that more than $3.6 million in relief money is being sent to 11 airports in Louisiana, with the bulk of it coming to Lafayette Regional Airport.

“We know that COVID-19 can spread easily where large numbers of people gather," Cassidy said in the release. "This funding ensures Louisiana’s airports are kept clean and safe for our travelers."

The Acadiana Regional Airport in New Iberia is also receiving more than $57,000 of the funding.

Reporter Leigh Guidry contributed to this report.

Contact reporter William Taylor Potter with tips or questions at wpotter@theadvertiser.com or on Twitter at @wmtaylorpotter.