Wampold Companies began with the development of apartment communities in rural areas of south Louisiana financed through the Farmer’s Home Administration. The company eventually developed and managed seven such properties located throughout south Louisiana.
Wampold Companies began acquiring and performing major renovations to existing conventional multi-family apartment communities. Most, if not all, of these properties required major structural and cosmetic renovations. The result was a dramatic improvement in the quality of living environment for the residents as well as to the value of each asset. Since 1985, the company has acquired and renovated 14 such properties, and it currently owns and manages a portfolio consisting of over 2,500 apartment homes containing over 2.3 million square feet.
The United States Army Corp of Engineers and Fort Polk housing personnel selected Wampold Companies, from among 17 other applicants to develop, finance, own, manage and maintain 600 family housing units under the Section 801 Military Family Housing Program.
Since this was one of the first projects of its kind, Wampold Companies, the Corp of Engineers and Fort Polk housing worked closely together to finalize the development plan. Construction began in 1986 and the project was completed ahead of schedule. Located just outside the gates of Fort Polk, Sycamore Point and Timber Ridge Apartments consist of 672,000 square feet within 600 apartment homes. The two developments are situated on 134 acres allowing the properties to have a “park-like setting”.
Over the course of its 30-year operating history with these properties, the company, in cooperation with Fort Polk housing personnel, has developed efficient and effective systems and procedures relating to housing assignments and terminations, unit turnover maintenance, preventive maintenance programs, other routine maintenance, quality control and capital repair projects. Wampold Companies has forged a relationship with Fort Polk housing personnel of mutual trust and respect. Over the years, problems have been consistently resolved in a fair and effective manner.
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The company purchased and renovated its first office building, V United Plaza, a 58,063 square-foot building located in the highly desirable United Plaza Office Park off Essen Lane in Baton Rouge. Later, the 166,222 square-foot City Plaza building was acquired and renovated in 1999 and is often acknowledged as the most prestigious office building in downtown Baton Rouge. III United Plaza, a 60,000 square foot building, was purchased in 2001 and, like V United, serves as the business address for several corporate clients. In the summer of 2002, Wampold Companies completed the construction of Shaw Plaza, a 12-story 240,000 square-foot building. In addition to office space, the building offers tenants a cafeteria, a fitness center, 800-car parking garage and other ancillary services.
Chase North Tower (formerly the Bank One North Tower) is a 200,000 square-foot Class A office building. It was purchased in 2003 and is regarded as one of the premier buildings on the Baton Rouge skyline. With exceptional visibility and accessibility, the property is located on the south side of Laurel Street between North Fourth Street and North Fifth Street in downtown Baton Rouge.
II City Plaza, another prestigious downtown office building, was completed in 2009. It is located adjacent to City Plaza in the heart of the Central Business District. The new structure is connected to the existing building via a granite and glass breezeway and covers the highly visible corner of North Boulevard and Fourth Street. Adding to Baton Rouge’s most prestigious business address, II City Plaza is a 12-story, 250,000 square-foot Class A office building. It complements the existing building but allows for significant technological and esthetic improvements, which one would expect from a 21st century CBD office space. A 7-story, 700 space parking garage has been built to accommodate the tenants and visitors of both City Plaza and II City Plaza.
In February 2018, Wampold Companies acquired the I Riverwalk Centre, a 330,000 square-foot Class A office building in downtown Baton Rouge. Wampold Companies current commercial portfolio of owned and managed commercial properties consists of five Class A office buildings.