Elmwood Developments, Property Taxes, and Business Ownership Insights
Commercial Real Estate Insights Podcast
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Steve Hamoen

Elmwood Developments, Property Taxes, and Business Ownership Insights

E75 • Mar 2, 2025 • 12 mins

In this episode, Steve Hamoen MMA begins by introducing the latest developments in Jefferson Parish and the Elmwood Shopping Center. He then discusses the property tax break granted to The Francis, followed by an examination of the auction and benefits of properties in Wilkes-Barre. The episode highlights issues faced by the Santa Rosa County Land Development Code task force. Steve also shares Dave Ramsey's insights on property ownership for business owners. The episode concludes with Steve's closing remarks and sign-off.

Key Points

  • The Elmwood Shopping Center in Jefferson Parish is being transformed into a $120 million mixed-use development called The Francis, featuring 251 apartments, shops, and restaurants.
  • Two prominent commercial properties in downtown Wilkes-Barre, Pennsylvania, are set to be auctioned online, offering significant investment opportunities in a vibrant and growing market.
  • Dave Ramsey advises business owners to prioritize leasing over purchasing property to maintain flexibility and avoid the financial strain and limitations of ownership.
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