Rouse’s Grocery Store

Marrero,
LA
(2018)

Rouse’s Grocery Store

Disaster Recovery, Grocery and Fresh Food, HFFI, 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

InclusivCare

Marrero,
LA
(2022)

FQHCs, Nonprofit Hub

CDE(s): Primary Care Development Corporation

InclusivCare is implementing a three-year strategic plan (2021-2023) that involves increasing the number of medical and dental patients and expanding behavioral health services. It is undertaking this NMTC project to

Harrison Fresh Market

New Orleans,
LA
(2009)

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

CDE(s): CCG Community Partners

Rehabilitation of a vacant 21,000 sq. ft. building into a new full-service grocery store.

Ochsner Baptist Medical Center

New Orleans,
LA
(2007)

Adult Daycare, Community, Disaster Recovery, Healthcare, Hospitals and Emergency Services, Katrina, Nursing Homes and Hospice

CDE(s): Capital One, Enhanced Capital, National New Markets Fund

NMTC financing was structured as operational capacity to expand and re-open more than one million sq. ft. of medical services space including: 100-bed surgical hospital, a senior living facility for

Baton Rouge Speech & Hearing Foundation

Baton Rouge,
LA
(2012)

Behavioral Health, Community, Healthcare

CDE(s): East Baton Rouge Community Development Entity

In December 2012, the Baton Rouge Speech & Hearing Foundation began construction on its new Emerge Center for Communication, Behavior & Development at Louisiana State University’s Innovation Park.