Jan 2014 09

By Rodrick Miller, Pres­i­dent & CEO

At the New Orleans Busi­ness Alliance, we are com­mit­ted to grow­ing jobs and invest­ment in New Orleans to pro­mote an equi­table and sus­tain­able eco­nomic future. Our ear­li­est sup­port­ers were a group of New Orleans busi­ness lead­ers with a vision. We can thank the Hori­zon Ini­tia­tive, the New Orleans Busi­ness Coun­cil, and most espe­cially Mayor Mitch Lan­drieu, for under­stand­ing the need for a public-private part­ner­ship for eco­nomic devel­op­ment in Orleans Parish and for mak­ing the New Orleans Busi­ness Alliance a reality.

Since our first oper­a­tional year in 2011, we have worked dili­gently to achieve eco­nomic devel­op­ment goals and we have grown as an orga­ni­za­tion from a small team in a tem­po­rary office to a staff of six­teen. In 2013, we made great strides to meet and exceed our stated goals for the year.

Strate­gic Accomplishments

We released Pros­per­i­tyNOLA: A Plan to Drive Eco­nomic Growth for 2018.

  • Pros­per­i­tyNOLA iden­ti­fies five tar­get indus­try clus­ters that are poised for growth in New Orleans and pro­vides a roadmap to achieve growth in these indus­tries over the next five years.
  • Propser­i­tyNOLA also out­lines seven “work strands” — issues that must be addressed to achieve growth in all five indus­try clus­ters. These work strands include pro­mot­ing equity as a growth strat­egy, sup­port­ing small busi­nesses and entre­pre­neur­ship, and increas­ing inter­na­tional trade and investment.
  • Over 200 busi­ness and civic lead­ers and the City of New Orleans worked closely with us to develop Pros­per­i­tyNOLA, and we will con­tinue to work together to accom­plish the goals of Pros­per­i­tyNOLA in 2014 and beyond.

We coor­di­nated pub­lic rela­tions efforts to pro­mote New Orleans’ eco­nomic growth and progress.

  • We were fea­tured in over 115 print, tele­vi­sion, and radio sto­ries in 2013 to share infor­ma­tion about New Orleans’ eco­nomic growth and busi­ness climate.
  • Our CEO Rodrick Miller received pres­ti­gious awards for his lead­er­ship, includ­ing being named the 2013 Young Eco­nomic Devel­op­ment Pro­fes­sional of the Yearby the Inter­na­tional Eco­nomic Devel­op­ment Council.
  • Pros­per­i­tyNOLA was cov­ered in over 80 national print, tele­vi­sion, and radio media out­lets and gen­er­ated an earned pub­lic­ity value of over $500,000.

Tac­ti­cal Accomplishments

We pro­vided data and sup­port to busi­ness and civic orga­ni­za­tions to pro­mote busi­ness growth in New Orleans.

  • We responded to 82 requests for infor­ma­tion related to the New Orleans mar­ket from exter­nal parties.
  • We sup­ported the City of New Orleans in the devel­op­ment and pro­mo­tion of theOne Stop Shop for busi­ness licens­ing and permitting.
  • We con­tin­ued to add value to devel­op­ment projects by pro­vid­ing eco­nomic devel­op­ment incen­tive analy­ses and per­form­ing eco­nomic impact studies.

Our cor­po­rate and retail attrac­tion efforts resulted in a num­ber of excit­ing wins for New Orleans that gen­er­ated qual­ity jobs, cap­i­tal invest­ment, and increased ameni­ties for res­i­dents. The most impact­ful of these projects included:

  • Lock­heed Mar­tin estab­lished an LNG tank man­u­fac­tur­ing facil­ity in New Orleans East that gen­er­ated 400 direct and indi­rect jobs and a $3M cap­i­tal invest­ment at Michoud Assem­bly Facility.
  • South Mar­ket Dis­trict, a res­i­den­tial and retail devel­op­ment in down­town New Orleans, broke ground and is expected to com­plete Phase 1 by late 2014.
  • Costco opened its first Louisiana store in New Orleans with 200 direct, liv­ing wage jobs and employed New Orleans res­i­dents for 65% of new jobs.
  • The Out­let Col­lec­tion at River­walk is under con­struc­tion and will bring 75 upscale out­let retail­ers, many of them new to the mar­ket, and restau­rants to down­town New Orleans by Spring 2014.

We sur­veyed and met with 149 New Orleans com­pa­nies to thank them for their com­mit­ment to New Orleans and to pro­vide sup­port and assis­tance where needed through our Busi­ness Reten­tion and Expan­sion pro­gram.

We met our goal to raise over $500K in invest­ment from the pri­vate sec­tor, and we engaged our 65 investors in our work to grow the New Orleans econ­omy through­out the year.

We main­tained oper­a­tional excel­lence by engag­ing in trans­par­ent and respon­si­ble fis­cal prac­tices, hir­ing a full staff of qual­i­fied pro­fes­sion­als, and main­tain­ing a top-notch office facil­ity to serve the New Orleans com­mu­nity with pro­fes­sion­al­ism, effi­ciency, and effectiveness.

As we enter into 2014, I look for­ward to your con­tin­ued sup­port and part­ner­ship in our efforts to build a strong, equi­table and sus­tain­able eco­nomic future for New Orleans.

More in store: Our forth­com­ing 2013 Annual Report will fea­ture the accom­plish­ments listed above and even more infor­ma­tion about our work to grow the New Orleans econ­omy. Stay tuned–the report will be released soon.

Jan 2014 07

NOTICE IS HEREBY GIVEN that a meet­ing of the Exec­u­tive Com­mit­tee for the New Orleans Busi­ness Alliance has been called and will be held on 1/8/14 at 935 Gravier Street, Suite 2020 from 10:30 a.m. — 12:30 p.m.
Agenda is avail­able here.

Jan 2014 03

by Rodrick T. Miller, Pres­i­dent & CEO

This year, New Orleans was fea­tured many times in the national spot­light as a pro­gres­sive city with favor­able con­di­tions for busi­ness growth and invest­ment. We are also com­pet­i­tive in qual­ity of life rank­ings, and New Orleans was con­sis­tently rec­og­nized as one of the best cities in the nation in which to live and work in 2013.

Eco­nomic Competitiveness:

  • New Orleans was named the #1 Grow­ing Metro Area for Employ­ment[Brook­ings Institution]
  • New Orleans is America’s New Fron­tier for Busi­ness Oppor­tu­nity [Forbes]
  • New Orleans was named #2 in Post-Recession Per­for­mance in the USA[Brook­ings Institution]
  • Among the 50 most pop­u­lous met­ros, the New Orleans metro ranked #1 for exports per capita (2012) and #2 for high­est export growth rate between 2005 and 2012 in the nation [U.S. Depart­ment of Commerce]

Tal­ented Workforce:

  • LED Fast­Start work­force train­ing has been ranked #1 in the USA four years in row [Busi­ness Facilities ]
  • New Orleans has grown faster than any other major U.S. city since the reces­sion [U.S. Cen­sus Bureau ]
  • New Orleans has enjoyed five straight years of net in-migration [US Cen­sus Bureau]
  • New Orleans ranks as the Top Ten Youth Mag­net Cities for growth of a young adult pop­u­la­tion aged 15–25 [Forbes]

Qual­ity of Life:

Effec­tive Eco­nomic Devel­op­ment Leadership:

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Dec 2013 31

Today, Mayor Mitch Lan­drieu, the Mayor’s Office of Eco­nomic Devel­op­ment and the New Orleans Busi­ness Alliance applauded the suc­cesses of the City’s eco­nomic devel­op­ment efforts dur­ing 2013. Through­out the year, the City attracted nation­ally rec­og­nized retail­ers and was dis­tin­guished as a hub for eco­nomic inno­va­tion and growth.

This past year we took huge steps towards grow­ing our econ­omy and saw a tremen­dous retail boom and major busi­ness devel­op­ments,” said Mayor Lan­drieu. “We were suc­cess­ful in not only bring­ing busi­nesses back to New Orleans, but also uti­liz­ing public-private part­ner­ships to help cre­ate new jobs and options for our res­i­dents and vis­i­tors. This ground­work will lead the way for a 2014 filled with even more eco­nomic growth and good news.”

Rodrick Miller, Pres­i­dent and CEO of the New Orleans Busi­ness Alliance, the City’s offi­cial public-private part­ner­ship for eco­nomic devel­op­ment, described 2013 as a remark­able year for New Orleans.

This year we launched Pros­per­i­tyNOLA, a dynamic 5-year strate­gic plan that intro­duced strate­gies to pro­mote col­lab­o­ra­tion, invest­ment, work­force, entre­pre­neur­ship that will secure the City’s eco­nomic future.” Miller said. “New Orleans is well on her way to becom­ing a global leader in busi­ness and a pro­to­type for cor­po­rate invest­ment. Under the stel­lar lead­er­ship of Mayor Lan­drieu and our busi­ness com­mu­nity, we are sure to have a phe­nom­e­nal 2014.”

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