Rouse’s Grocery Store

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

Other Louisiana Projects

CommCare Nathchitoches

Natchitoches,
LA
(2021)

Community, Nursing Homes and Hospice

CDE(s): AMCREF Community Capital, Hampton Roads Ventures

CommCare is constructing a 72,000 sq. ft. skilled nursing and rehabilitation facility in Natchitoches, LA that will serve 120 patients per year, 80% of which will be low-income.

Almond Bros Lumber Co

Coushatta,
LA
(2014)

Manufacturing, Rural, Timber and Agriculture

CDE(s): Advantage Capital

Financing for a sawmill in Coushatta, Louisiana.

Myrtle Banks Building

New Orleans,
LA
(2013)

Community, Historic Rehabilitation, Mixed-use, Nonprofit Hub

CDE(s): First NBC Community Development Fund

With the help of NMTCs and HTCs, Alembic Community Development restored the structure and transformed it into the 23,000-square-foot Jack and Jake’s Public Market, artist exhibition space and shared office

LaSalle Lumber Company, L.L.C.

Olla,
LA
(2024)

Manufacturing

CDE(s): AMCREF Community Capital

A rural manufacturing project brought investment and jobs to Olla, LA