The Monroe City Council has approved a redevelopment plan for the Ouachita Candy Company building along the Monroe riverfront.
The Ouachita Candy Company has a rich history tied to Monroe, Louisiana. Founded in 1920, the company has contributed significantly to the local community. The company was renowned for its diverse range of candies and beverages. Originally, it was part of the Biedenharn Candy Company, which played a crucial role in the early bottling and distribution of Coca-Cola in the area.
The redevelopment is expected to generate millions in new annual tax revenue, supporting essential services for Monroe residents, including public safety, drainage, parks, streets, schools, the airport, the Civic Center, and the Louisiana Purchase Gardens & Zoo.
The main highlights of the approved plan include a 180-room hotel, 70 apartments, and 40 condominiums, along with 100,000 square feet of commercial and restaurant space. Additionally, there will be a public riverwalk and a festival-ready Riverwalk Plaza, boutique retail options, sculptural gateways, and a connected pedestrian plaza. The goal is to revitalize the Ouachita Candy Company’s historic location while honoring its legacy.
The project is expected to break ground in two years, followed by an additional 18 months of construction. A considerable amount of work is required along the river to ensure it will be walkable. The city will partner with the Army Corps to address the levee and other issues, which will require extensive re-engineering. The estimated cost ranges from $80 million to $100 million.
