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MegadealsSubsidy Tracker Individual Entry
Company: Lake Pines Hospital, LLC
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Kenner
County: Jefferson
Address: 3639 Loyola Dr.
Zip: 70065
Project Description: Lake Pines Hospital is a new and innovative Behavioral Health facility in the New Orleans metro area. A pre-existing building at 3639 Loyola Drive in Kenner was purchased and developed into a 36 bed inpatient facility. Lake Pines Hospital, LLC is the operating entity with Hestia Healthcare, LLC / REP Perimeter Holdings, LLC (common ownership) owning the real property and improvements.
Year: 2019
Subsidy Value: $211,741
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 100
Wage Data: $12,332,517
Wage Data Type: Estimated Total Payroll
Capital Investment: $5,782,750
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.