LSU AgCenter Gets Approval to Finalize Deal for St. Gabriel Mitigation Bank
Holly Dutchman, Baton Rouge Business Report
The LSU AgCenter got the OK from the Board of Supervisors this morning to enter into a contract with its chosen partner to redevelop more than 800 acres in St. Gabriel into a wetlands mitigation bank, which the center intends to leverage as a revenue generator and a teaching tool. After receiving two qualified offers for the project, the AgCenter tapped Spanish Lake Restoration to “finance, design, construct, create, enhance, operate and maintain the mitigation bank.”