Acadiana Summaries on May 8th | a job

Chick-fil-A is opening a new location this week

The new Chick-fil-A location on Kaliste Saloom Road will open on Wednesday.

Operator John Arton said the site at 101 Meadow Farm Road replaces his former restaurant at 3806 Ambassador Caffery Parkway.

The site will have two drive-by lanes surrounding the building, an upgrade from the previous site which had two driveways merged into one behind the building. Dual drive lanes can accommodate more than 30 cars at a time or approximately 250 in one hour.

The Ambassador Caffery location, which closed on Friday, first opened in 1997 as Lafayette’s first Chick-fil-A outside Acadiana Mall.

Aarton said the site will be one of four in Lafayette and is expected to employ about 100, about 25 more than usual. A fifth site is said to be in the works at the corner of Ridge Street and Johnston Street, but company officials have made no announcement.

Profits for homes sold in Acadiana are the lowest in the United States

Sales of mid-priced single family homes in the Lafayette area in the first quarter had the lowest profit margin among the nation’s smaller metro areas.

National real estate firm ATTOM Data Solutions shows local homes selling at a profit rate of 16.6%, as part of a trend of lower profit rates in markets in the South and Midwest.

Gross profit on the sale of a typical home in the Lafayette market remains high at $29,000, a 58% increase from last year.

Profit margins nationwide fell to 47.2%, the first overall decline since 2019 and fell from 51.6% in the fourth quarter of 2021, marking the largest drop since 2011, according to the data. It is also a sign that the real estate market is slowing down

“Home prices simply cannot continue to rise as quickly as they have in the past few years,” said Rick Sharga, executive vice president of market intelligence for ATTOM. “The combination of higher prices, mortgage rates, and the highest inflation in 40 years may be pricing some potential buyers out of the market, which means we may start to see lower sales numbers. Ultimately, as affordability worsens, the rise should slow. prices, and we may even see modest price corrections in some markets.”

In an ever-evolving business landscape, you need reliable information from a trusted source to help you make decisions. We deliver that – daily data, analysis, and insights from local experts.

12 Acadiana selected to lead Louisiana

Twelve Acadianas have been selected for the 2022 Louisiana Driving Cycle, which begins later this month with the opening of a three-day retreat in Lafayette.

Those chosen are:

  • Melissa “Messi” Benveno Andrade, Chief Impact Officer, Boys and Girls Club of Louisiana, Lafayette
  • Mark Criswell, COO, Acadian Companies
  • Cherie Hebert, CEO, BBR Creative, Lafayette / Carencro
  • Jeremy Hidalgo, owner of Parrish Strategy Group, Milton/Youngsville
  • Sarah Hughes, Corporate Affairs Manager, Sasol, Westlake/Youngsville
  • Adrian King, Regional Vice President, Boyd Gaming, Vinton/Lafayette
  • John Morris IV, Partner, Jones Walker, Lafayette
  • Sam Oliver, Executive Director of the Acadiana Center for the Arts
  • Stacy Romero, President and CEO of Broussard Chamber of Commerce
  • Liz Ann Slatten, Associate Dean for Management and Quality, University of Louisiana at Lafayette Moody School of Business
  • Nick Waltz, Director of Government Affairs, The Piccard Group
  • Joe Zanko, CEO of Catalyst Bancorp/St. Landry Homestead, Opelousas / Lafayette

Participants will attend six two-day sessions across the state next year that will focus on education, workforce training, economics, growth strategies, history, politics, media, arts and culture, criminal justice, health care and poverty.

Participants were drawn from each part of the state and reflect a diverse mix of the state’s population. The program was developed by the Council for a Better Louisiana.

Lafayette Drone Company invests $2 million

FlyGuys, the Lafayette-based drone service provider, has secured a $2 million investment from a group of southern Louisiana investors that will help create dozens of jobs in the future.

The group, many of which had previously invested in Waitr, closed a $4 million Series A funding round by investing in FlyGuys. Last year, FlyGuys secured a $2 million investment from New Orleans-based Advantage Capital in connection with the Louisiana New Markets tax credit program.

The new funding will allow FlyGuys, which has an office at 120 Clinton Street, to create dozens of new jobs in the coming years in the Lafayette area. The funding was used last year to kick-start the expansion, which could add up to 29 jobs, mostly in sales, project management and development.

“Our group is fueling growth and job creation for Louisiana’s relatively new technology ecosystem,” said Joe Staff, FlyGuys CEO. “We invest in companies with large routable markets, scalable business models, strong evidence of product fit for market, and most importantly, humble and communicatable leadership. FlyGuys fits that mold well, and we are excited to be part of another exciting tech story for Louisiana” .

FlyGuys has clients across the country and provides weather data collection services to commercial industries and public sector entities, including energy, agriculture, construction, engineering, transportation, distribution, and transportation.

Leave a Reply

%d bloggers like this: