Because $86 Billion investment in the Energy Sector (of which $31 Billion investment is already ‘in the ground’) has created a Booming Economy due to 58,000 jobs being created (18,000 permanent and 40,000 temp); and because there is a shortage of 21,000 workforce dwellings in 2017.
The State Govt. actively encourages Business Development & Job-Creation!, and hence, GDP & Income are both rising dramatically.
Per Capita Income rising from $38k to $83k at Westlake;
Insufficient inventory of Quality Housing for Executives & Workers, required to meet this explosive demand … shortage of 21,000 workforce dwellings in 2017, more than 10,000 permanent homes are in short supply.
Simultaneously, BridgePost Developments is in conversations with Major Players to provide Turn-Key Housing for Executives & Workforce.
Some snippets from local news (KCLTV)
“In 2015 SASOL’s Cracker Unit will itself have over 5,000 construction workers & alone result in 1250 direct jobs from this one project alone”
“At $20 Billion Cheniere LNG in Cameron Parish, upwards of 4,000 people are now at work”
In-Migration: “For 6 years in a row, more people have been moving into Louisiana than moving out.”
“Louisiana has more people, more jobs, and higher per-capita income now than at any time in the State’s history.”
“Ripple (Multiplier) Effect: Direct jobs à Families move in à Rocketing demand for Service-Sector (Indirect) jobs!”
- “People, and their families with children, keep coming and coming, from Wisconsin, Oklahoma, Missouri, Indiana, Tennessee, Texas, Louisiana, Florida, Alabama.”
“There’s a continuing need to respond with more infrastructure, roads, water, sewerage; housing (both temp. and permanent); as well as services and retail to accommodate all the workers.”
 Investments by Major Players in $Billions (upto 2022): SASOL $20-22 Bn; Cheniere Gas $20Bn;Sempra $3-5 Bn; Trunkline $3-5 Bn; Magnolia $2.2Bn; G2X $1.3 Bn; & many others