New Iberia - Queen City of teh Bayou Teche

Main Street

Downtown Re-investment
1995 thru June 2005 Statistics
New Iberia, Louisiana

Commercial/Residential Rehab
Project Totals:
480
New Business/Relocations: 131
Rehab Projects Downtown 1995-2001 $13,309,374.00
Facade Grant Projects: 23
La. State Grants $ Allocated: $93,741
Facade Project Totals: $529,987.00

Downtown Re-investment
June 2004 - June 2005
New Iberia, Louisiana

Commercial Rehabilitation Projects: 24
Residential Rehabilitation Projects: 14
Upper Story Development Projects: 16 apartments being developed in 5 downtown buildings. Currently Under Construction: 8 condominiums in 1 building.
Restoration Tax Abatement Project Applications: 3
New/Expanded/Re-located Downtown Businesses: 18
Ex. sandwich/coffee shop, kitchen design, tax service, school supplies, gift shop, art gallery & photography.
Apx. New Employees Downtown: 20
Vacant Building Rehab Projects Current: 2
$Rehab Projects in Downtown Total: $1,421,685.00



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