NOLABA is hiring a third party contractor to assess the financial capacity of the New Orleans market to fund the five year strategic plan, ProsperityNOLA along with other NOLABA led initiatives. This would inform a three year fundraising strategy beginning in January 2015 and ending December 2017.
Click here to download the complete project description and proposal submission instructions. Proposals will be due on or before March 15, 2014 at 5:00 p.m. CST.
For more information, contact the New Orleans Business Alliance at 504.934.4500. or email RFP@nolaba.org.
Firm returns to its New Orleans roots with project resulting in more than 210 new direct and indirect jobs
Today, Gov. Bobby Jindal and International Shipholding Corp. President Erik L. Johnsen announced the company will relocate its corporate headquarters from Mobile, Ala., to New Orleans, where the business was founded in 1947. Listed on the New York Stock Exchange as ISH, the company owns and operates a global fleet of waterborne cargo vessels. ISH recorded annual revenue of more than $310 million in its just-concluded 2013 fiscal year. After Hurricane Katrina, recovery challenges led the company to relocate its corporate headquarters to Mobile.
In New Orleans, ISH will create 100 new direct jobs at a 45,000– to 50,000-square-foot headquarters facility in the city’s Warehouse District, where the company will soon complete a purchase of property already under contract. The new direct jobs will average $70,000 per year, plus benefits, and LED estimates the project will result in an additional 113 new indirect jobs, for a total of more than 210 new jobs in the greater New Orleans area.[Continue Reading...]
The second location for the retailer in city will create 125 local jobs and revitalize retail on Broad Street corridor
Today, Mayor Mitch Landrieu joined City officials and representatives from Whole Foods Market and Broad Community Connections to open Whole Foods Market at 300 N. Broad Street. As an important retail anchor in the revitalization of the Broad Street corridor, the $14 million project will increase fresh food options and create 125 full-time jobs.[Continue Reading...]
Mayor Mitch Landrieu joined representatives from Stirling Properties and JCH Development, and local officials to celebrate the start of construction on Magnolia Marketplace, a $24.4 million shopping center that will fill a retail gap in the heart of Central City along the Claiborne Avenue corridor and create more than 200 full-time jobs.Located on 6.5 acres bounded by Clara Street, Washington Avenue, Toledano Street and Claiborne Avenue, Magnolia Marketplace is expected to open in spring 2015 with tenants Ross Dress For Less, T.J.Maxx, Michaels, PetSmart, Shoe Carnival, ULTA Beauty and Raising Cane’s.
The project is 100% pre-leased. Previously announced was the 6,000 square foot initial phase of Magnolia Marketplace development located at the intersection of South Claiborne Avenue and Fourth Street. Capital One Bank is currently open in that building. T‐Mobile and a proposed national sandwich shop are slated to open in early 2014. Magnolia Marketplace will create an estimated 344 construction jobs and 217 permanent jobs.
“Magnolia Marketplace will be a game-changer for increased quality retail amenities along the Claiborne corridor—the vital lifeline of our urban core,” said Rodrick T. Miller, President and CEO of the New Orleans Business Alliance. “Our public private partnerships to drive economic development in New Orleans are strong and effective, and this project is a prime example of what is possible as we anticipate even more growth in 2014.”[Continue Reading...]