Here in Baton Rouge, as well as across Louisiana and the nation, new projects are being proposed or developed to help revitalize areas that have been long neglected. One such project is currently under construction downtown. IBM chose a piece of commercial real estate in area that needed revitalization with the plan to construct a services center that will hold its offices. In addition, the company is developing a residential area featuring apartments and townhomes. When the project is completed, it could bring approximately 800 jobs to our city.
To help attract IBM to Baton Rouge, the city offered generous tax credits and allowed the company to have a say in where to develop the project. IBM eventually chose to build where The Advocate used to be located on Lafayette Street. The company is partnering with Louisiana State University and other institutions to attract potential employees who can learn the latest technology. Part of this partnership includes $14 million in state funds to increase graduation rates in computer science.