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Alexandria’s Vertical Subdivision Revival | Alexandria Louisiana News
Alexandria’s downtown just got a major shot in the arm as Ritchie Real Estate snaps up the long-vacant Capital One building, aiming to transform it into a “vertical subdivision” with separate floor spaces — each owned independently. With a $10M+ price tag and a one-year timeline to ready the site, developer Matt Ritchie envisions a vibrant hub for food, drink, and rooftop views, positioning Alexandria as Central Louisiana’s new hospitality hotspot. Mayor Jacques Roy sees it as a powerful signal to investors that downtown is thriving — and safe — with no crime issues to hold it back. If this…
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