Acadiana Business December 16, 2013 : Page 1

LEGAL MATTERS Jeff Bashaw joins chamber as policy manager P. 6 December 16, 2013 -January 19, 2014   &#0a;&#0d;&#0c;&#0a;&#0c;&#0c;&#0b; News & Analysis on Commerce in South Louisiana Think twice before sending a text to someone who is driving P. 36 www.acadianabusiness.com INSIDE Business of Politics ....... 3 Turk File ....................... 4 Around Town .............. 13 Entrepreneur of the Year .....................14 Big 10 ......................... 23 Economic Performance Index ...... 33 Legal Matters .............. 36 People & Flashes ........ 38 Commercial Progress Report .......... 41 ABiz Scene ................. 43 Inforum ....................... 46 BUSINESS OF POLITICS &#0a;&#0f;&#0d;&#0c;&#0d;&#0a;
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 By Leslie Turk The major deals that shaped the business scene in 2013. L The Great Rebate Debate P. 3 &#0e;&#0f;&#0a;&#0e;&#0f;&#0d; Far from an overnight success, ABiz Entrepreneur of the Year Lenny Lemoine helped build a successful construction company the old-fashioned way: through hard work, determination and cultivating relationships. CONTINUED ON PG. 14 ook no further than LEDA’s third quarter Economic Performance Index on Page 33 to see the kind of year Lafayette Parish has had, along with key indica-tors about the direction in which the economy is moving. It’s also worth noting that in 2013 Lafayette was recognized as the No. 1 MSA in the country by Area Devel-opment, and fDi Magazine placed it among the top 10 Small American Cities of the Future. Just recently it was named one of 20 Best College Towns in America by Travel and Leisure. To-gether, all of this gives us a big picture view of where we live and how we’re faring, but ABiz also likes to glance back at specifi c developments — our so-called “Big Deals” — over the course of the year. When it came to business recruit-ment, Lafayette really scored big — and not just in the traditional sense. This community took two major steps forward by hiring urban planner/lawyer Nathan Norris to head the Downtown Development Authority and Louisiana Economic Development’s Jason El Kou-bi to take over leadership of the Greater Lafayette Chamber of Commerce. Those are Big Deals indeed, but there are at least 10 others that help tell the story. Turn to Page 23 to read more. AROUND TOWN The Advertiser + USA Today = Butterfly Project Lafayette’s daily paper has beefed up its national content and will likely charge more for it. Will the plan fl y with local subscribers? By Patrick Flanagan s part of a national undertaking known by industry insiders as the “Butterfly Project,” a rebranded version of The Daily Advertiser was set to launch with the Sunday, Dec. 15, edition of the Gannett-owned paper — just days before ABiz went to press. The Advertiser’s rebranding was announced at a “Re-design Launch Party” held Dec. 10 at the Louisiana Immersive Technologies Enterprise, which was followed by a similar announcement Dec. 11 from the paper’s parent company, the McLean, Va.-headquartered Gannett Com-pany. Though neither announcement used the Butterfl y Project by name, both confi rm what industry insiders have predicted for months: a major beefi ng up of USA Today content in all 81 of Gannett’s community papers. Among U.S. newspapers, USA Today is third in average weekday circulation, behind No. 1 The Wall Street Journal and No. 2 The New York Times, according to an April Associated Press story. According to ABiz sources who attended the rebranding ceremony at LITE, information pro-vided by the paper’s newly arrived Publisher Judi Terzotis was vague but did include an appearance by former Publisher Ted Power — arguably the Advertiser’s most popular leader — and news that the new look would hit stands Sunday SEE BUTTERFLY ON PG. 20 • Lee Michaels joining Whole Foods center • Twin Peaks expands to Lafayette P. 13 A Early College Academy gets $1 million boost P. 10

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