Hyundai Steel Announces a $5.8 Billion Investment - Ascension Parish 70346, October 2025!
- quintonrenfro
- Dec 1, 2025
- 1 min read
Monstrous economic news announcement for the Greater Baton Rouge Area and Donaldsonville/Ascension Parish in particular as Hyundai Steel confirms a multi-billiion dollar investment in the RiverPlex MegaPark!
This fully integrated, manufacturing facility to be built by Hyundai will sit on 1,700 acres of the 17,000 acre RiverPlex tract which sits on the West Bank of the Mississippi River in Ascension Parish.
It is estimated that this facility will create roughly 1,300 new jobs with an average annual salary of $95,000. In addition, it is estimated that this project will create an additional 4,100 indirect jobs - bringing the total job creation count for this project to around 6,400!
This will have a huge impact on the housing market in the Greater Baton Rouge Region. Ascension Parish - on both sides of the Mississippi River will experience the greatest housing benefit as plant workers will look to locate in relative close proximity to their jobs. However, we will see spillover positive housing effects in Baton Rouge proper, southern Livingston Parish and all of Iberville Parish.
Are you interested in buying or selling a home? I'd love to visit with you, no pressure! Call, text or e-mail me.
Interested in searching online for available homes in the Baton Rouge market? Click on this link to go to my website. It will require you to register to fully browse, but your contact information will come directly to me. You can search freely on my site and contact me when you are ready to speak!
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