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NOLA Convention Center development finally approved - guess what the payoff was?
Posted on 8/25/22 at 10:56 am
Posted on 8/25/22 at 10:56 am
This has been going on for years and the Board has finally voted to let a developer move forward. Guess what they made him agree to?
"Affordable housing." Great. You want to develop a place for tourists and then slap projects right in the middle of it. Brilliant.
LINK
quote:
A massive new riverfront development in downtown New Orleans has received formal approval to move forward, following years of haggling over how the roughly 45-acre tract of publicly-owned real estate controlled by the Ernest N. Morial Convention Center would be put to use. Developers of the neighborhood, known as the River District, secured the votes they needed from the Convention Center's board members on Wednesday by offering to increase the number of affordable-housing units and providing more details on a long-promised Civil Rights museum.
"Affordable housing." Great. You want to develop a place for tourists and then slap projects right in the middle of it. Brilliant.
LINK
18
Posted on 8/25/22 at 10:57 am to jbgleason
affordable housing is the reason Canal Street is such a shithole
Posted on 8/25/22 at 10:59 am to jbgleason
Affordable housing*
* - To be provided by Brad Pitt’s old company and in the 9th Ward.
* - To be provided by Brad Pitt’s old company and in the 9th Ward.
Posted on 8/25/22 at 11:00 am to jbgleason
Might as well just have a bonfire on the levee and throw boxes of taxpayer money into it. Same result.
Posted on 8/25/22 at 11:01 am to jbgleason
This is the new future. It seems like every new project at work is affordable.
Posted on 8/25/22 at 11:02 am to Realityintheface
quote:
Civil Rights museum.
Now this will be interesting........ won't be one sided or nuttin'
Posted on 8/25/22 at 11:02 am to jbgleason
quote:
As New Orleans’ most diverse, sustainable, and dynamic neighborhood, the River District will serve as a model for how neighborhoods can be responsibly built and how they should work.
So, nice houses surrounded by housing projects....
Are there any other areas in New Orleans where this has been tried in the past?
quote:
Intentional and inspired, the River District is inclusive by design, a once-in-a-lifetime boost for our economy, and a singular opportunity to create history and redefine our future while embracing our culture, celebrating our resilience, and reconciling our shared past.
This post was edited on 8/25/22 at 11:06 am
Posted on 8/25/22 at 11:03 am to jbgleason
quote:
increase the number of affordable-housing units and providing more details on a long-promised Civil Rights museum.
It's pretty sad how they lump these 2 demands in without the least bit of irony.
Posted on 8/25/22 at 11:04 am to jbgleason
No one wants to convention there any more.
Posted on 8/25/22 at 11:05 am to Shexter
quote:
Are there any other areas in New Orleans where this has been tried in the past?
Almost every new development in the city for the past 5-10 years has included affordable housing. It’s how they get more funding for the project.
Eventually after a couple years the affordable housing disappears and those condos become high dollar like the rest of the building.
This post was edited on 8/25/22 at 11:13 am
Posted on 8/25/22 at 11:16 am to jbgleason
Anyone else notice that just have to provide more details on the civil rights museum but they don’t have to commit to building it?
Posted on 8/25/22 at 11:19 am to jbgleason
These changes will allow convention goers to get the full New Orleans experience including getting car jacked and robbed without having to leave the convention center grounds See authentic New Orleans culture like BBQing in the median and exploring homeless encampments.
Posted on 8/25/22 at 11:21 am to WeeWee
This post was edited on 8/25/22 at 11:22 am
Posted on 8/25/22 at 11:24 am to jbgleason
Posted on 8/25/22 at 11:36 am to jbgleason
Affordable housing doesn't always mean housing projects.
Today it more often means mixed rate developments. Those do tend to work in some places... but only if the residents uphold their end of the bargain.
Today it more often means mixed rate developments. Those do tend to work in some places... but only if the residents uphold their end of the bargain.
Posted on 8/25/22 at 11:40 am to LSUFanHouston
quote:
Affordable housing doesn't always mean housing projects.
Of course it does, fool
Posted on 8/25/22 at 11:40 am to Swagga
quote:
Almost every new development in the city for the past 5-10 years has included affordable housing. It’s how they get more funding for the project.
This is accurate. "Affordable housing" is not the old project-based housing anymore. They're typically mixed-income with only a small percentage of the units required to remain affordable and available to people who meet certain income limits. Most of these places also screen applicants and have strict policies about cleanliness and upkeep. I would think that they are safer and host a better quality of occupants than old, single-family homes and duplexes that are owned by slumlords and rented to anyone who has cash.
Posted on 8/25/22 at 11:44 am to LSUTIGER in TEXAS
quote:
Of course it does, fool
It's mixed income and the rental rates vary from unit to unit...you can have one person in a 2 bedroom 2 bath paying $150 a month and your nextdoor neighbor living in an identical unit paying $500 a month
Posted on 8/25/22 at 11:47 am to jbgleason
Can't wait until I read that they are having trouble getting financing for this project due to economic conditions in 24 months.
Posted on 8/25/22 at 11:50 am to tgrbaitn08
quote:
you can have one person in a 2 bedroom 2 bath paying $150 a month and your nextdoor neighbor living in an identical unit paying $500 a month
Until all the $500/month people leave because the $150/month are trashy.
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