High bidder not disclosed: An auction of The Bluffs clubhouse Friday drew a high bid of $1.2 million. David Gilmore of Sperry Van Ness/Gilmore Auction of Kenner, which handled the sale, would not disclose the name of the winning bidder. The 19,786-square-foot clubhouse near St. Francisville has been in limbo since March 2009, when former owner Jim Tanner shut down the golf course. First American Bank of Vacherie foreclosed on the clubhouse and will decide whether or not to accept the high bid. Gilmore says he will meet with First American officials this week.
College Row set to open by fall: A new 30,000-square-foot shopping center is slated to open in the fall at the site of the old University Shopping Center, just outside the North Gates of LSU. College Row at Northgate will feature tenants such as CVS, PJ's Coffee, Menchie’s Frozen Yogurt, Shanghai Tokyo Restaurant and Pita Pit. Officials with Philadelphia-based Campus Apartments, which is developing College Row, say the center is about 70% leased. While there had once been plans to build a mixed-use development with retail and student apartments on the site, Campus Apartments is now going ahead with a pharmacy and restaurants.
Sites for upper elementary, middle school: Central Community School officials have purchased two tracts of land off Sullivan Road for $2.45 million. The sites, which total 84 acres, are between Hooper and Joor roads, says Brian Kidwell, director of business for the school system. Design work for the new upper elementary and middle school has already started; Kidwell says the plan is to have the facilities open by the start of the 2011-12 school year.
Editor's note: Tom Cook is off this week. His column will return in Real Estate Weekly next week.
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