Wampold breaks ground on new Crescent Condominiums

Baton Rouge Mayor-President Kip Holden, Metro Councilman Mickey Skyring, developer Mike Wampold and other guests recently broke ground on the new $45 million Crescent at University Lake condominium development.

The groundbreaking took place on the site of the luxury residence community, located across from Baton Rouge Beach overlooking Louisiana State University. The project should be completed by mid 2007.

The Crescent at University Lake includes 90 condos. In the first two weeks of the project's announcement, more than 50 condos were sold, representing more than $30 million in sales.

The Crescent is being developed by Wampold Companies, and is estimated to create 250 temporary and permanent jobs.