ABOUT LA 23 DEVELOPMENT CO, LLC
Louisiana 23 Development Company is a privately held development firm based in Belle Chasse, Louisiana. Our focus is on Class A development in the industrial, transportation and logistics markets between the Gulf Coast and the Midwest. We are currently active in 7 states including: Louisiana, Texas, Arkansas, Missouri, Tennessee, Iowa, and Illinois.
Our firm is accelerating to become one of the most active industrial development firms in the country, with a goal of developing over 60,000,000 square feet of Class A industrial product in the next 6 years. Louisiana 23 differentiates ourselves from our competition through a strong engineering and technical focus. We were founded by engineers with extensive experience in civil, environmental, geotech, construction and industrial process engineering as well as team members with deep expertise in logistics, labor and incentives. We also have a deep bench of strategic partners who provide Louisiana 23 with full service engineering support which is a further source of competitive advantage. Our team’s broad experience enables us to create long term value to our clients through smart development decisions.
Another advantage is our financing capabilities which other development companies cannot match. We have a strategic alliance with some of the largest and most experienced capital investment firms in the nation. These firms have helped finance numerous large scale infrastructure projects including ports, rail, highway, warehousing, supplier parks, and numerous other transportation projects. These firms also bring long-time relationships with customers such as Amazon, Wal-Mart, FedEx, United Parcel Service, and many other national and regional firms.
In order to be successful for our customers, our firm will remain financially disciplined with all of our developments. We will continue to align our interests with the interests of our investors and our community; we don’t make any money until our investors make money and we will not be sustainable if we do not service our community. We will never use any debt to acquire land, we will not leverage our projects with excessive debt and we will always be careful not to ‘chase cap rates’ instead focusing on creating long term value. Our approach is simple and we intend to keep it that way.
Our vision is to be a company that is, first, honest in all its dealings. A company that promises and delivers excellence in professional and business services. A company that respects its employees, clients and business partners.
We will accomplish this by committing to live by our mission and set of core values.
The LA23 Devco team lives by a set of core values that ensure our clients are satisfied in every aspect of the commercial and industrial development business. These values drive our success and are the foundation of our solid reputation. We strive to exceed these principles every single day.
QUALITY WORK, ON TIME, ON BUDGET AND TO THE CLIENTS SATISFACTION
We will strive to meet these four metrics on every project and will never sacrifice one metric for another.
TAKE OWNERSHIP OF EVERY SITUATION
Every individual shall take ownership, be accountable, and take responsibility while avoiding blame, excuses, and denial. We will always strive to admit, learn, and grow from failure and mistakes.
DO THE RIGHT THING, EVERY TIME
As we conduct our business, we will operate in accordance with the highest ethical standards in all our relationships with our customers, our suppliers, our employees, and our community. We are honest in everything we do and our reputation is built on trust and integrity.
COMMUNITY SUPPORT AND CONTRIBUTION
LA23 understands that the success of our local community is vital to the success of our business. We will support our community by actively promoting Science, Technology, Engineering, and Math (STEM) programs and by contributing to other local, charitable organizations. Before undertaking any development, LA23 will study the community first and will ensure that their needs are considered above profits.