The iconic former Don’s Seafood building, located at 301 E Vermilion Street in Downtown Lafayette, has just been acquired by local development team, Hub City Holdings.
Having been a staple in the Lafayette community since the 1930s, the former restaurant and bar was a favorite dining destination for many locals and visitors. It was even used as a destination for many organization meetings.
According to The Downtown Development Authority(DDA), the new owners are dedicated to improving and propelling the Downtown district’s vibrancy with plans to redevelop the property. Such plans may include new retail space, a new restaurant, residential space, and even potentially shared communal space. Hub City Holdings plans to redevelop the property in phases; beginning with the existing building and adjacent parking lot.
“Hub City Holdings team members Ryan Pécot, Gus Rezende, BJ Crist, and John Petersen collectively bring together a diverse set of experiences in real estate, hospitality, food & beverage, and design with the goal of creating a vibrant touchstone in the heart of the Downtown District,” says DDA.
“We are beyond elated to announce Hub City Holdings’ acquisition of the former Don’s Seafood property,” said Anita Begnaud, CEO of Downtown Development Authority. “This is a wonderful opportunity to breathe new life into a piece of Downtown Lafayette history.”
Begnaud adds, “We look forward to continuing the momentum of activating more areas off of Jefferson Street, and we’re confident this redevelopment will drive even more people to this corner of downtown.”
The acquisition includes the former restaurant building, adjacent parking lot at the corner of Lee Avenue and Vermilion Street, and the large parking lot bordered by Lee Avenue and Vermilion and Jackson streets.
“Our top priority is to create something vibrant that fits into the context of our urban environment and is both a huge success for our investors and for Downtown Lafayette,” said Gus Rezende.
If you are interested in leasing space in this exciting new Downtown development, visit http://bit.ly/301Vermilion to learn more. And don’t be afraid to tell them how you heard about it. 🙂