Louisiana

Who (or What) Owns The Most Land In Louisiana?

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In keeping with sources, there are roughly 33 million acres of land within the state of Louisiana. Which for a state like Louisiana goes to be a large estimation, resulting from coastal land-loss and river erosion. However its adequate for what we’re right now.

Of the 33 million acres, solely 10.7% of it’s publicly owned, cut up between the State and Federal authorities. Whereas 89.3% is privately owned. That interprets to 29,469,000 acres of privately owned land. Privately owned can imply both people or corporations.

Of that privately owned land, one landowner has a bigger share than anybody else. Their complete is 550,000 acres of Louisiana land. That proprietor is Roy O. Martin III of Alexandria, Louisiana. However why does he personal that a lot land? Properly, it is his firm…

RoyOMartin HQ in Alexandria – Credit score Maps.google.com

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RoyOMartin HQ in Alexandria – Credit score Maps.google.com

RoyOMartin is headquartered in Alexandria, Louisiana. Their management staff consists of President & COO E. Scott Poole, Govt Vice President Terry Secrest, and Chairman/CEO/CFO Roy O. Martin III. The corporate is an evolution of the household’s lumber firm. Rising over generations.

The corporate continues to work in stable wooden and plywood merchandise, but in addition offers in land leases, consulting, stewardship, and actual property. With all of those phases of the corporate, its really comprehensible why they’d personal over 500,000 acres of Louisiana land.

The corporate continues to be positioned in Alexandria, however their land is clearly not all positioned there. Rapides Parish is roughly 843,000 acres, that means RoyOMartin would personal nearly your entire parish at that time.

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