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re: Jazzland theme park to return to NOLA?
Posted on 3/6/14 at 10:17 am to Hammertime
Posted on 3/6/14 at 10:17 am to Hammertime
quote:
What I forsee I sometimes like a big plant or warehouse structure for a much larger company, or set of companies. Hell, even a plant that builds cars would be nice, and with the intercoastal being not too far away, it could be a possibility for shipping cars around the world. Of course some major dirt work would need to be done, but it could be possible and worth it in the long run.
There is a ton of land out in the East, to both the east and west sides of I-510, that could be developed for industrial. You already have NASA and Folgers out there.
1
Posted on 3/6/14 at 10:20 am to DVA Tailgater
quote:
Same, but I think if it gets approved/when the proposal gets more publicity, there will be other investors interested.
Probably, because that is a concern of mine. Of the 45 million "raised" so far, 0 of that is equity. 35 million is debt, 8 million is essentially government money, and 2 million in sponsorships. You'd like to see some actual investors put some equity money into this thing, you know, such as the developers.
Starting off with a 75 percent debt load is not the road to prosperity.
Posted on 3/6/14 at 10:24 am to LSUFanHouston
One thing is I am not sure people would be willing to take the chance of a hurricane completely ruining a building and shutting down production for quite possibly years. Building something to withstand a Cat 3-5 would be immensely more expensive than putting it inland
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