Project Details

This Project Details page provides information about funding sources and amounts, and the contractual agreements among Partners and those securing professional consultants for the University Lakes Project.

To date, approximately $50 million has been committed from multiple sources over a period of several years.

Phase 1 Funding

Of the total amount committed, $15M has been secured this year and is being used to fund Phase I improvements. Contributing project partners are split evenly at $5M each. 

  • EBR City-Parish............................. $5M

  • BREC ........................................... $5M

  • State of Louisiana,
    Office of Community Development...$5M

Future Phases

An additional $35M has been committed to future phases of the University Lakes project by way of memorandums of understanding from partner entities.

  • LA DOTD....................... $5M

  • State Capital Outlay* .... $20M

  • LSU Athletic Dept.......... $5M

  • LA DOA..........................$5M

* As of June 2021, $16M in Capital Outlay is anticipated for future phases.

Contracts

There will be future contracting opportunities associated with the University Lakes Project. For more information, please contact Mark Goodson with the B&D/CSRS Joint Venture at mark.goodson@csrsinc.com.