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Article: KB HOME/Shaw Louisiana LLC Announces Plans for New Construction of over 70 Homes in New Orleans' Historic Garden District.
- Article from:
- Business Wire
- Article date:
- March 21, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BATON ROUGE, La. -- The KB HOME/Shaw Louisiana LLC ("KB HOME / Shaw Louisiana") announced today that it has signed a contract with HRI Properties, Inc. ("HRI") of New Orleans to construct 15 residences for HRI in River Garden, a residential community near New Orleans' historic Garden District in the former St. Thomas Housing Project neighborhood. KB HOME/Shaw Louisiana LLC is composed of members Shaw Home Louisiana, Inc., a subsidiary of The Shaw Group (NYSE: SGR) and KB HOME New Orleans, Inc., a subsidiary of KB HOME (NYSE: KBH).
KB HOME/Shaw Louisiana will construct 15 affordably-priced homes on lots owned by HRI that will be marketed by the Housing Authority of ...