Redevelopment of Chase South Tower will add up to 150 apartments to downtown Baton Rouge

Up to 150 high-rise apartments will be added to downtown Baton Rouge with the redevelopment of the Chase South Tower, giving the central business district at downtown’s core nearly a third more apartments than are on the market now.Starting the first half of 2019, developer Mike Wampold, who bought the tower at 451 Florida St. in February, said he plans to convert the upper 10 stories to luxury apartments.“We think downtown will continue to grow,” Wampold said. While Baton Rouge’s central business district has a number of low-rise and mid-rise residences, defined as being less than 10 stories, high-rise apartments are a new feature, he said.A floor plan circulated by Wampold shows a variety of apartment sizes, ranging from one-bedroom units as small as 736 square feet to a three-bedroom unit at 1,366 square feet. Rent for the units is expected to be $1.60 to $2 per square foot. A number of amenities will be added to the property, such as a rooftop pool and a health club/fitness center.“We think this live, work, play concept is alive and well with millennials,” Wampold said.More than 9,400 people live in downtown Baton Rouge, which includes the central business district at its core… Read full this story

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