Barbe Property - SWLA Economic Boom Continues

"Remarkably, the fastest growing MSA in the country over 2013-18 is the Lake Charles MSA. We have documented almost $117 billion in projects announced for this region since 2012---an unheard of number. About half of those projects have yet to start construction, something we expect to change, especially in mid-to-late 2019 when three LNG projects are expected to go vertical. Lake Charles is expected to continue in its role as the fastest growing MSA in the state, adding 4,000 jobs (+3.3%) in 2019 and another 5,300 jobs (+4.3%) in 2020."

Loren C. Scott
Louisiana Economic Outlook, 2019-2020

For years, Loren C. Scott, Professor Emeritus in Economics, Louisiana State University, has been considered the go-to economist for this region and beyond. Scott's Annual Louisiana Economic Outlook is quoted extensively.

His full report for 2019-2020 is available by clicking on this link with research specific to Southwest Louisiana starting on page 51. A recap of his 2017-2018 report can be found on the Port of Lake Charles' website.

Scott points out that

Lake Charles has garnered an astounding $116.8 billion in industrial announcements since 2012 and that

$56.1 (48%) are already constructed or are underway.

Below is a screenshot of a Drone 360 view of Contraband Pointe. After clicking here or anywhere on the image below, simply click on one of the options at the bottom of the screen to see the property from six vantage points.

Unparalleled Amenities ContrabandPointeImage

An average of 600,000+* visitors each month to two Casinos to the West
Contraband Parkway, the 4-lane road connecting W. Prien Lake Road at Holly Hill to Nelson at L’Auberge Avenue opened to the public on July 18, 2019.
5,000 feet along Contraband Bayou
121 Acres in the City Limits, zoned “Business”
Adjoining and Nearby Highly Respected and well performing Retail
Prime opportunity for Town Center featuring entertainment, residential, commercial, medical, and offices

Visitor Friendly Location

lnterstate 210 Bridge at Sunset

3400+ hotel rooms within 1.5 miles of the W. Prien Lake entrance
2 Major Casino Resorts with two golf courses
Visibility and easy access to and from Interstate-210, W. Prien Lake Road and Nelson Road
The internal traffic circle on Contraband Parkway plus the Holly Hill Traffic Circle on W. Prien Lake Road will make Contraband Parkway and Contraband Pointe driver and drive friendly
Centrally located between Houston and New Orleans (2.5 hours from Houston and 3 hours from New Orleans)
Vital and Growing Economy

Join an Impressive List of Buyers

LCBR Entertainment
LA-Z-Boy
Phase Two Properties
Shuck and Boil of Lake Charles

*Average number of monthly gamers based on Louisiana Gaming Reports for 2018 for L'Auberge and Golden Nugget.

Contraband Point's proximity to Casinos

Contraband Parkway Ribbon Cutting

The formal ribbon cutting celebrating the opening of Contraband Parkway was held on August 29, 2019. This link leads to comments by Mayor Nic Hunter following the ceremony. His remarks stress the importance of Public/Private Partnerships such as the Contraband Parkway Project.

As the owner of Contraband Pointe, Block 18 of Barbe Properties, LLC, is proud to be one of these private partners, having donated well over 11 acres for the 4-lane road that now connects Prien Lake Road at the Contraband Pointe Traffic Circle to Nelson Rd at L'Auberge Avenue.

Thanks to Robin Richardson with KPLC TV for allowing us to capture and post her interview. Click here for Robin's coverage.