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Started By
Message
re: Three new buildings proposed in New Orleans warehouse district
Posted on 4/6/17 at 10:53 am to LSUFanHouston
Posted on 4/6/17 at 10:53 am to LSUFanHouston
quote:
The state, paid off by the global breweries and the restaurant industry, is about to kill that off.
A strong lobby for sure but work arounds to the road blocks have worked so far. That will be an interesting fight going forward.
0
Posted on 4/6/17 at 11:01 am to Zach Lee To Amp Hill
quote:
Plaza Tower
It was built in 1969; in 2019 it will qualify for historic preservation tax credits. My understanding is that whoever owns it has done the mold/asbestos remediation, but they are waiting until they can get that tax credit $$$ before starting redevelopment.
Posted on 4/6/17 at 11:01 am to Lakeboy7
quote:
What I see all over the city are start up IT companies. Not wing and a prayer start ups, but new companies started by people that cashed out of established IT companies.
The state has an incentive for companies like this. Basically 30% back on their payroll.
quote:
It was built in 1969; in 2019 it will qualify for historic preservation tax credits. My understanding is that whoever owns it has done the mold/asbestos remediation, but they are waiting until they can get that tax credit $$$ before starting redevelopment.
Makes the most sense.
This post was edited on 4/6/17 at 11:02 am
Posted on 4/6/17 at 11:02 am to WavinWilly
quote:
but I am getting a bit worried that the prolonged oil downturn is going to just cause half-finished buildings and empty office space. Hopefully if we build it, they will come in terms of other industries.
I may be wrong, but I don't feel like O&G has that much of an impact on New Orleans, compared to the rest of Louisiana.
Posted on 4/6/17 at 11:10 am to TJG210
quote:
This brings up a very interesting point, where in the hell is the money coming from?
New Orleans is a popular city for young folks. With technology there are a ton of remote jobs out there. Some people may work remotely and just live in New Orleans (that's what I do).
Posted on 4/6/17 at 11:16 am to Epic Cajun
quote:
I may be wrong, but I don't feel like O&G has that much of an impact on New Orleans, compared to the rest of Louisiana.
the tallest building in the state is in New Orleans is named One Shell Square.
there is a building named the Chevron Building.
there is a building named the Oil & Gas Building.
Posted on 4/6/17 at 11:25 am to Epic Cajun
quote:
New Orleans is a popular city for young folks. With technology there are a ton of remote jobs out there. Some people may work remotely and just live in New Orleans (that's what I do).
All the development has me a bit worried. I too question where all this money is coming from. Besides the hospital, what kind of great jobs have been produced in Nola since this big influx of people?
I don't mind the development and gentrification we're seeing, I'm just wondering if it's sustainable? I can't imagine most people do what you do, but maybe I'm wrong.
Posted on 4/6/17 at 11:27 am to ihometiger
I wonder where all the pedestrians came from in that picture.
Posted on 4/6/17 at 11:32 am to ELAurens
quote:
It was built in 1969; in 2019 it will qualify for historic preservation tax credits. My understanding is that whoever owns it has done the mold/asbestos remediation, but they are waiting until they can get that tax credit $$$ before starting redevelopment.
I really don't understand why they don't tear down/implode that thing.
It is an absolutely terrible building, with a godawful look and internal layout, on super prime real estate. The building has such a stigma, I don't know if redevelopment is going to work.
Posted on 4/6/17 at 11:33 am to rintintin
Great point. We need Fortune 500 companies to base their headquarters in New Orleans. Aside from health care and attorneys, where are the professional jobs over 75k a year coming from? If oil and gas is down, which sector is providing these jobs? New Orleans isn't a major hub for biotechnology, insurance, accounting, etc...
Posted on 4/6/17 at 11:34 am to Paul Allen
Do you even Silicon Bayou, bro?
Posted on 4/6/17 at 11:36 am to Jim Rockford
I do. But name some other industries. Austin, Nashville, Tampa just to name a few week way more economically diverse.
Posted on 4/6/17 at 11:36 am to rintintin
quote:
Besides the hospital, what kind of great jobs have been produced in Nola since this big influx of people?
A lot of times the jobs follow the influx of people, either directly or indirectly.
And if more people with money and work ethic come and displace some of the culcha then more companies would feel better about relocating to New Orleans.
Posted on 4/6/17 at 11:42 am to Loungefly85
quote:
And if more people with money and work ethic come and displace some of the culcha then more companies would feel better about relocating to New Orleans
If they could also clean up this fricking crime problem more people would move/stay here.
Posted on 4/6/17 at 11:58 am to Epic Cajun
quote:
If they could also clean up this fricking crime problem more people would move/stay here.
quote:
displace some of the culcha
^^
That's the first start.
Posted on 4/6/17 at 12:23 pm to Loungefly85
I wonder what kind of price per foot these new buildings will try to get. 425 Notre Dame didn't have any trouble getting 600 a foot and now they are about to be sandwiched btw 711 Tchoups and the new building going up at Notre Dame and Magazine. This area is 10 times better than the Cotton Mill/Fiber Mill area by the interstate. Sooner or later the supply is going to outweigh the demand. I sure hope I'm wrong
Posted on 4/6/17 at 12:25 pm to ihometiger
I just hope this won't take resources away from all the office buildings being constructed downtown.
Posted on 4/6/17 at 12:31 pm to Eightballjacket
Which office buildings?
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