National Jazz Center
Sweeping downtown revitalization plan unveiled
10:50 a.m., Tuesday
By Rebecca Mowbray
Business writer TP
In a sweeping downtown revitalization plan being unveiled this morning, the Hyatt Regency New Orleans Hotel and the New Orleans Shopping Center will be turned into a modern 20-acre multi-use National Jazz Center and park buttressed by public office buildings.
The $715 million project, spearheaded by Strategic Hotels & Resorts, the Chicago-based owner of the Hyatt, is the first major redevelopment project announced since Hurricane Katrina. Developers say the project would generate construction jobs, taxes and tourism and change the face of the city the way that Millennium Park has transformed Chicago, the Inner Harbor has revitalized Baltimore and the Guggenheim Museum has put Bilbao, Spain, on the international map.
the link in the TP:
http://www.nola.com/newslogs/tpupdat...30.html#145835