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re: NOLA World Trade Center set to become Four Seasons

Posted on 3/24/15 at 11:51 am to
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 3/24/15 at 11:51 am to
quote:

HRI will win


why do you say that? They are pretty low on upfront and future money
Posted by Jefferson Davis
Plank Road
Member since Nov 2011
5960 posts
Posted on 3/24/15 at 11:54 am to
I'm rooting for the Conrad or Four Seasons.

quote:

why do you say that?

Politics
Posted by LSUTygerFan
Homerun Village
Member since Jun 2008
33232 posts
Posted on 3/24/15 at 11:58 am to
n/m
This post was edited on 3/24/15 at 11:59 am
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31711 posts
Posted on 3/24/15 at 12:08 pm to
yep...HRI is a nola company that has done countless developments here. I thnk they win again. If there was anything I learned in my time in development projects and public projecct aquisition, is that whoever was most politically connected wins. To me, that's HRI
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 3/24/15 at 12:23 pm to
Hartmann said depending on what you consider most important value to city, it varies among the groups. If you look just at city general fund tax revenues, Four Seasons provides the most.

When looking at overall benefit, Alessandra provide most income.

Fixed rent and city taxes: Four Seasons the most.
Posted by Ice Cold
Over Macho Grande
Member since Jun 2004
18741 posts
Posted on 3/24/15 at 12:38 pm to
quote:

Politics
There is a team that plays that game better than HRI.
Posted by MAROON
Houston
Member since Jul 2012
1780 posts
Posted on 3/24/15 at 12:45 pm to
that is one dreary arse building on the inside. When did the Plimsoll Club move out?
Posted by Ice Cold
Over Macho Grande
Member since Jun 2004
18741 posts
Posted on 3/24/15 at 1:12 pm to
Committee picks Four Seasons.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/24/15 at 1:17 pm to
Does it matter who they pic?

Bigger question is if anything actually gets done.
Posted by Fun Bunch
New Orleans
Member since May 2008
115738 posts
Posted on 3/24/15 at 1:17 pm to
Four Seasons is probably the best option. Good choice.
Posted by Ice Cold
Over Macho Grande
Member since Jun 2004
18741 posts
Posted on 3/24/15 at 1:19 pm to
quote:

Does it matter who they pic? Bigger question is if anything actually gets done.
Of course it matters. But they still need to negotiate and execute the lease. Given the parties involved, I see no reason why this will not get done. And if by some chance Four Seasons backs out, the city still can negotiate with another team.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 3/24/15 at 1:19 pm to
I was personally biased to the Conrad but glad to see that the Four Seasons was selected...best alternative from my point of view.
Posted by Jim Rockford
Member since May 2011
98182 posts
Posted on 3/24/15 at 1:20 pm to
1 Put a camera on top
2 Apply for film tax credit
3 ???
4 Profit
Posted by notiger1997
Metairie
Member since May 2009
58123 posts
Posted on 3/24/15 at 1:20 pm to
I think the shite will finally happen this time. The New Orleans market is very attractive for this kind of investment.
As long as the city doesn't fck this up it will be a go
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/24/15 at 1:21 pm to
quote:

, I see no reason why this will not get done.


Isn't this the second or third time this type of process has been done? Thought one fell through within the last year.
Posted by Solo
Member since Aug 2008
8240 posts
Posted on 3/24/15 at 1:21 pm to
Four Seasons. Nice.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 3/24/15 at 1:24 pm to
title updated
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 3/24/15 at 1:29 pm to
quote:

Four Seasons. Nice.

Posted by BestBanker
Member since Nov 2011
17477 posts
Posted on 3/24/15 at 1:31 pm to
Good to hear on the Four Seasons choice, if accurate. Good fit. Good revenue.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 3/24/15 at 1:59 pm to
Yea. I had a business interest in others, but this is a great choice
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