Market Street Properties LLC, the owner of the former power plant near the Ernest N. Morial Convention Center, filed a reorganization plan and disclosure statement in court on Friday evening, which allow the group to move forward with the process of getting out of bankruptcy and reveals details about the company’s efforts to develop the property.
GNORealEstateNews.com has a good summary of the filing. Apparently, talks with Bass Pro Shops have fell through and the company is "now exploring fitness centers, movie theaters and quick service restaurants would work well at the site. Representatives from Market Street Properties LLC have met with AMC Theatres, 24-Hour Fitness, Lifetime Fitness, Trader Joe’s and Dick’s Sporting Goods, as well as the developers Madison Marquette, Forest City and Developers Diversified to discuss potential opportunities."
Lots still has to happen, but I'm glad to see that this project is still being pushed forward.