Rouse’s Grocery Store

New Markets Tax Credit Coalition

Marrero,
LA
(2018)

Rouse’s Grocery Store

Disaster Recovery, Grocery and Fresh Food, Katrina, Retail, Retail and Commercial

A roughly 40,000 sq. ft. full service grocery store which provides access to healthy fresh food in a highly distressed food desert.

Investment

NMTC Amount: $8,000,000
Total Project Cost: $12,000,000

IMPACT

130 FTE jobs
67 construction jobs

CDEs

Hancock Whitney New Markets Fund

Investor

Whitney National Bank

Project Description

The project provides a roughly 40,000ft full service grocery store which provides access to healthy fresh food in a highly distressed census tract which has also been designated as a food desert by USDA. Louisiana ranks in the top 5% of all states for obesity in the United States. The corner of Ames Blvd and Lapalco Blvd are major thoroughfares in Marrero and provides great access to the grocery store.

MAP

Address: Ames Boulevard and Lapalco Boulevard, Marrero, LA 70072

Census Tract: 22051027701

PDF Profile

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