LAKE CHARLES, LA-Construction has been launched on Value Place‘s sixth Louisiana building. The four-story, 124-room building is anticipated to be completed by October 2013.

The property at 3202 N. Power Center Pkwy. is being developed by a franchisee which, according to Value Place CEO Dan Weber, is developing several such properties throughout the state. “From a broader real estate standpoint, we’re looking all over the country at various markets with a supply-demand balance to grow Value Place,” he tells GlobeSt.com. “We’ve tied up certain markets for corporate development and certain markets for franchisees.”

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