The Palms at Sunset Lakes
CST Land Developers, LLC, announced construction of a $24 million affordable luxury apartment development is now underway in the city of Zachary.
The Palms at Sunset Lakes, located on 29 acres at 4150 McHugh Road in Zachary, is comprised of 144 one, two, and three-bedroom apartments.
Fidelity Bank of New Orleans provided financing for the new apartment construction project and Block Companies, LLC of Baton Rouge was awarded the construction contract, said Tom Delahaye, CST Landing Developers managing partner. Principals of CST Land Developers are Delahaye, Stan Baudin of Plaquemine and Chris Coffin of New Orleans. Since the formation of CST Land Developers in 2006, the firm has completed five apartment developments with three additional complexes to be completed by May 2022.
“Our underwriting showed there is unmet demand for moderately priced, quality rental housing in the Zachary market of the Baton Rouge region,” said Fidelity Bank Vice President Randy Crochet.
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