The first phase of Covington Commons at the foot of Airport Road and Highway 25 has been approved. This project is an 80+ acre commercial development centering around a Franco’s Athletic Club. It includes the addition of a roundabout and additional turn lanes to ease traffic at the intersection of Airport Road and La. 25. The development is now in progress, and Airport Road no longer exists at 25. There is a detour at Hard Hat Road (running between Airport and LA25) which opens up to LA 25 as the Industrial Park entrance from the highway. The throughway currently under construction will join highway 25 and Airport Road at a right angle rather than the sharp angle of the previous intersection. Approval is being sought for the addition of a traffic light, which will be paid for and installed by the developers.
Once the three phases are complete, the development will back up to the currently expanding Savannahs, just north of Covington Point. The research supporting this development indicates that there are over 100,000 people living within 10 miles of the designated Covington Commons area whose average income is $84,000 a year, an incentive touted to attract outside business.
According to the development’s website, a major focus is on community sustainability. Covington Commons will incorporate green initiatives such as lower emission building materials, functional water-recycling systems and solar energy capture, among others. You can follow the progress at the commercial development’s website, www.covingtoncommons.com.
Covington Commons lists their developer as M3 Properties, LLC (M cubed), a division of Manti Resources. They acquire and develop high end commercial, retail and residential community developments with holdings along the Gulf Coast. Manti Resources is headquartered in Corpus Christi, TX, with an office on Smith Road in Covington also.
Their team includes Joe Mistich of Axcess Construction Management Services, Inc. Other team members include Michael D’Amico, President/Broker of REPCommercial LLC, a full service commercial and residential real estate firm, and Mike Saucier, president and founder of Gulf States Real Estate Services. Contact Michael D’Amico at (504) 250-2160. Mike Saucier may be reached at (985) 792-4385.
What is your opinion on the Covington Commons development? Feel free to e mail any comments to covweekly@media9productions.com
