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re: Jazzland theme park to return to NOLA?

Posted on 3/6/14 at 10:17 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37242 posts
Posted on 3/6/14 at 10:17 am to
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.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37242 posts
Posted on 3/6/14 at 10:20 am to
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 by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43030 posts
Posted on 3/6/14 at 10:24 am to
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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