NEW ORLEANS | Project/Development Thread - Page 690

FenderOz · #**13781** Posted **Mar 23, 2018, 2:12 PM**

Looks like we're getting closer to new activity at Avondale!

https://neworleanscitybusiness.com/b...al-buyer-says/

Not much information to go on, but the potential purchasing group is rumored to be eying a re-development similar to the Tradepoint Atlantic project -- in other words, turning Avondale into a multi-tenant logistics operations park.

I would figure that would mean some light industrial manufacturing and lots of storage/warehousing. I know the port has been looking to expand in St Bernard as well... it'd be interesting to see what comes of all this but this is great news.

Catch Basin · #**13782** Posted **Mar 23, 2018, 2:41 PM**

Any thoughts on Joe Jaeger's opinion about Harrah's?

http://www.theadvocate.com/new_orlea...72e312be3.html

tennis1400 · #**13783** Posted **Mar 23, 2018, 2:48 PM**

Quote:

Originally Posted by Catch Basin

Any thoughts on Joe Jaeger's opinion about Harrah's?

http://www.theadvocate.com/new_orlea...72e312be3.html

This is a great letter if it were 1997. The fact is gaming has propogated around the US and its lucrativeness has decreased along with that! Simply put the numbers harrahs promised were based on a time that no longer exists! I personally am against and was always against allowing only one land based casino. Always thought there should be at least three and no owner could own more than one, but the premise of his article is based on tax revenue. Anyone can look at the money the casino makes , his numbers are there but with very little profit for the operator ! If his advice were taken i diubt any “decent” operator would bid on it! That said harrahs is clearly dangling the huge investments its making as a carrot for getting a 30 year extension. If you have an issue with a no bid contract extension then you should also have an issue with allowing only one land based casino

York1 · #**13784** Posted **Mar 23, 2018, 3:21 PM**

Quote:

Originally Posted by Catch Basin

Any thoughts on Joe Jaeger's opinion about Harrah's?

http://www.theadvocate.com/new_orlea...72e312be3.html

When the casino was approved in the early 1990s, I believe that Louisiana was one of only 4 states to approve casino gaming. (I'm not exactly sure of my information since I moved from NO in the early 90s.)

Now, if I'm correct, there are 30 states that have legal, land-based casinos, either commercial or tribal.

The game has changed a lot since Harrah's original agreement.

Even with all that, I'm probably more on the open-market side. If we allow one, then, with restrictions, we should allow others. And if we are going to allow only one, then let it be up for bids. I have a feeling Jaeger's $500 million figure is not realistic.

tennis1400 · #**13785** Posted **Mar 23, 2018, 3:57 PM**

Quote:

Originally Posted by York1

When the casino was approved in the early 1990s, I believe that Louisiana was one of only 4 states to approve casino gaming. (I'm not exactly sure of my information since I moved from NO in the early 90s.)

Now, if I'm correct, there are 30 states that have legal, land-based casinos, either commercial or tribal.

The game has changed a lot since Harrah's original agreement.

Even with all that, I'm probably more on the open-market side. If we allow one, then, with restrictions, we should allow others. And if we are going to allow only one, then let it be up for bids. I have a feeling Jaeger's $500 million figure is not realistic.

Exactly! His figure is realistic if there are no funds leftover for profit! Clearly thats not realistic! His plea would be more effective if he stayed away from the hyperbole!

tennis1400 · #**13786** Posted **Mar 23, 2018, 4:00 PM**

broadmoor · #**13787** Posted **Mar 23, 2018, 7:48 PM**

The size of Canal Crossing has really surprised me. I looked at the renderings and floor plans before they started, but somehow it didn't do justice to the sheer mass of the place. Not a complaint - I think it's great Canal is returning to true density and adding new development!

nolafan · #**13788** Posted **Mar 23, 2018, 8:34 PM**

Quote:

Originally Posted by broadmoor

The size of Canal Crossing has really surprised me. I looked at the renderings and floor plans before they started, but somehow it didn't do justice to the sheer mass of the place. Not a complaint - I think it's great Canal is returning to true density and adding new development!

I've been thinking the same thing. It is much larger than I anticipated as well.

SlidellWx · #**13789** Posted **Mar 24, 2018, 5:37 AM**

If the Avondale deal goes through as planned, it will be another big win for the area. It will also improve the prospects of the Westbank considerably. As online retail grows, the need for additional warehouses will also grow. Having access to sea, land, and air (MSY is nearby) is a huge selling point for that spot.

tennis1400 · #**13790** Posted **Mar 24, 2018, 4:51 PM**

1001 S Peters St·Renovation (Non-Structural) ·Ref Code: LVRAM8
Print Summary Submit Add to Watch List
Type:
Renovation (Non-Structural)
Applicant:
Nathan Garnache
Status:
Application Submitted
Date Filed:
3/23/2018
Closed:
No
Description
Renovation to existing 7-story, 286 room hotel. Scope of work includes re-configuring of front desk & adjacent food convenience space, new light fixtures, tub to shower conversions in 145 guest rooms, and various corrections to features that are currently not compliant with the ADA-AG.

827 Canal St: Loretta Harmon, applicant; Sadiq H Khan, owner; Renovation of existing four-story
commercial building, including facade restoration.

tennis1400 · #**13791** Posted **Mar 24, 2018, 4:53 PM**

2270 St Claude Ave·HDLC COA ·Ref Code: 1XZ77D
Download (19) Print Summary Submit Add to Watch List
Type:
HDLC COA
Applicant:
Loretta Harmon
Status:
HDLC NO Hearing
Date Filed:
6/20/2017
Closed:
No
Description
Design modifications to ARC conceptually approved plans for a mixed-use development to include a new gallery following the demolition of the existing two-story vacant commercial building and Victorian cottage.

tennis1400 · #**13792** Posted **Mar 24, 2018, 4:57 PM**

Capulet Restaurant Is Bringing the Bywater Its First Rooftop Dining Spot

https://nola.eater.com/2018/3/22/171...w-orleans-nola

prokowave · #**13793** Posted **Mar 24, 2018, 5:39 PM**

http://www.theadvocate.com/new_orlea...a32e895d2.html
Metro Population growth just under 5000, mostly in St. Tammany. Orleans slows to a trickle, based on estimates.

I would have thought that we'd see more growth with airBnB restrictions - I hear a lot of units are moving back to the long-term market plus there have been a few thousand units per year coming online. Perhaps the numbers are skewed because STR owners are selling out.

At any rate, I think things will pick up with DXC and potential Avondale developments. Housing prices are easing, so it will be easier to attract employees. The state needs to get its act together though.

FenderOz · #**13794** Posted **Mar 24, 2018, 6:53 PM**

Quote:

Originally Posted by prokowave

http://www.theadvocate.com/new_orlea...a32e895d2.html
Metro Population growth just under 5000, mostly in St. Tammany. Orleans slows to a trickle, based on estimates.

I would have thought that we'd see more growth with airBnB restrictions - I hear a lot of units are moving back to the long-term market plus there have been a few thousand units per year coming online. Perhaps the numbers are skewed because STR owners are selling out.

At any rate, I think things will pick up with DXC and potential Avondale developments. Housing prices are easing, so it will be easier to attract employees. The state needs to get its act together though.

Lot of factors behind the lack of growth -- our professional economy is by all means stagnant (DXC is a pretty big deal though), and the state/VA haven't fully staffed the new medical corridor. Keep in mind Shell permanently cut its local presence by 1,000 jobs that likely paid twice what DXC is going to offer. First NBC went under with its several hundred employees in HQ and branches. Those failed loans will also ripple across the local economy.

Populations grow around the economy, not new hotels and AirBnBs. And honestly New Orleans isn't cheap to live in anymore. That used to be a pretty big appeal -- cheap living and great culture/neighborhoods.

It'll take the state to figure it's crap out as the constant uncertainty and poor services drive away long term investments. It'll also take realistic view of what's still holding us back Vs. cheap pandering of feel good stories about our comeback story.

tennis1400 · #**13795** Posted **Mar 25, 2018, 12:03 AM**

At Vue rooftop lounge right now, def my favoritr rooftop so far! The angles and views you get from here are pretty spectacular! And the vibe is at least my style! Posted pics on my tumblr

York1 · #**13796** Posted **Mar 25, 2018, 2:32 AM**

Quote:

Originally Posted by tennis1400

At Vue rooftop lounge right now, def my favoritr rooftop so far! The angles and views you get from here are pretty spectacular! And the vibe is at least my style! Posted pics on my tumblr

Great views from that rooftop! Thanks for the pictures.

What are the chances the parking lots around your house will eventually be built on?

SlidellWx · #**13797** Posted **Mar 25, 2018, 4:41 AM**

Biggest surprise in the population estimates was the sharp increase in Jefferson Parish, and the low growth rate in Orleans Parish. The census bureau revises the estimates for previous years each year, and they increased Jefferson substantially. Even though, the official estimate shows only minor growth, when factoring in the estimate revisions the parish population increased by around 3,000 people from the 2016 estimates.

The Orleans Parish estimates do not line up with the number of new residential addresses being served by the USPS. There was an increase of approx. 2,000 new residential addresses served reported by the postal service from June 2016 to June 2017 (the period of time the census bureau uses for the estimate) I suspect the 2018 revisions will show higher growth for Orleans Parish in 2017. Now, the 2018 estimates should show slower growth, as the number of new addresses from June 2017 to March 2018 is only up by around 900 new addresses being served.

tennis1400 · #**13798** Posted **Mar 25, 2018, 1:56 PM**

Quote:

Originally Posted by York1

Great views from that rooftop! Thanks for the pictures.

What are the chances the parking lots around your house will eventually be built on?

Im sure eventually !

tennis1400 · #**13799** Posted **Mar 25, 2018, 4:17 PM**

tennis1400 · #**13800** Posted **Mar 25, 2018, 6:12 PM**