As economic developers, we take a big-picture approach to growing jobs and creating wealth in New Orleans—our work includes supporting existing businesses, attracting new businesses to the market, and expanding retail amenities.
We’re often asked why we focus on retail development. It’s simple. A strong retail mix creates jobs, provides much needed services to our residents, and expands the city’s tax base. It will also fuel additional investment as companies perceive a vibrant business environment and key quality of life amenities for their employees. Please remember that the sales tax dollars from retailers directly contribute to the City of New Orleans’ budget—meaning an increase in retail spending impacts funding for critical functions and programs of the City.
Today, we want to share our 2013 Retail Report – which offers insights and analysis of the overall retail market in Orleans Parish, then drills down to report on selected commercial corridors. The full free report is available for download here. Read on for highlights.[Continue Reading...]
Costco will open its first Louisiana membership warehouse in New Orleans on Saturday, Sept. 21, at 8 a.m. The 148,500-square-foot warehouse is located at 3900 Dublin Street, across from Xavier University.[Continue Reading...]
Construction is currently underway at Riverwalk Marketplace, the site of The Howard Hughes Corporation’s $70 million investment. The property will reopen as the country’s first downtown, upscale outlet mall, The Outlet Collection at Riverwalk, in 2014. Originally announced in July 2012, Riverwalk’s transformation is a major step in the continued revitalization of New Orleans and is part of the city’s ongoing efforts to improve retail options for residents and 10 million plus annual visitors.[Continue Reading...]
Today, Waggonner and Ball Architects, GNO Inc. and a team of Dutch experts publicly released the Greater New Orleans Urban Water Plan: a vision and strategy for the future of stormwater management in the New Orleans region. Once implemented, the Urban Water Plan is estimated to create an economic impact of up to $11.32 billion, supporting as many as 101,790 jobs.
Visit www.livingwithwater.com for more info.