St. Roch Market Jumping Back From the Panedemic

 St. Roch Market, one of the only remaining food halls in New Orleans, almost closed because of losing vendors and having a slow business. CR Coffee Shops which is owned by Kevin Pedeaux came to the rescue.

Pedeaux stepped in an actually took over the lease for the food hall and has been rebuilding and dedicating his money and time to the hall since September. Currently, the hall has eleven vendors with a waiting list. This is amazing news since the historic building that houses St. Roch Market has not been full since before the pandemic.

If your a vendor that still needs a home, there are some other places that have space for food vendors. One is Backatown Plaza market and it is located on Claiborne Avenue. The first phase of the new project will be be able to hold thirty vendors, a stage, rain gardens and other green spaces.

St. Johns is another space, formerly Mayhew Bakery, which will now house Nolita. Nolita has been a staple since three Mardi Gras ago. Owner Martha Gilreath is the founder of Nolita which serves king cakes. Not only will you be able to purchase a king cake, but you will be able to get some crawfish bread, danishes baguettes, and much more.

Gretna will get a new development which will be a three-story building with a restaurant, barbershop and green space. Uptown Brewery is excited to expand to the West Bank along with Port Orleans Brewing. The development is located at Huey P Long Avenue and 2nd Street.

And finally, Seafood Sally’s will reopen with a facelift. This is just in time for Black Restaurant Week in New Orleans. Black Restaurant Week will include Addis Nola, Baby’s Snack Box, Nice Guys Bar & Grill, Nonno’s Cajun Cuisine, Peewee’s Crab Cakes on the Go, Backatown Coffee Parlour, and Meals from the Heart Cafe and much more.

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LNG's Plaquemines Site Phase Two Approved

 The decision to proceed with the second phase of the Plaquemines LNG export plant comes after the parent company, Venture Global LNG, now has $7.8 billion for the project. This is part of the $21 billion funding for the Plaquemines project.

The Plaquemines project is located on the Gulf of Mexico off the coast of Louisiana. The actual building will be built on the west bank of the Mississippi River. The project also includes the Gator Express pipeline. This is a two-pipeline project that is connected to the existing natural gas pipeline that delivers natural gas to the site.

The facility will house a liquefaction plant with 18 integrated single-mixed refrigerant (SMR) blocks, four 200,000m³ LNG storage tanks, three LNG loading docks, and air-cooled power generation facilities. It will comprise six pre-treatment facilities, with three in each phase.  Again this project will also be built in two phases. Each phase will take up nine blocks that will include liquefaction units and support facilities.

The plan is to open phase one in 2024 and phase two in 2025. The total project will create 250 new direct jobs, 728 indirect jobs and 2,200 construction jobs (during the project’s building). Phase two customers will include Exxon Mobil (XOM.N), Chevron (CVX.N), EnBW Energie Baden Wuerttemberg (EBKG.DE), New Fortress Energy (NFE.O), PETRONAS, China Gas Holdings (0384.HK) and Excelerate Energy (EE.N).

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Are the Home Prices Dropping Faster Than We Expected?

 Village Aurora Shopping Center opened its doors in the 80’s to its 250,000-square-foot center. Around ten years ago, the shopping complex was renovated and expanded. The shopping center has been purchased by a Los Angeles-based investor, Moisce Belinow. The purchase price set the California investor back $35 million. Belinow believes that the local property is a good investment with upside potential. The current shopping center houses a Winn-Dixie and a Chick-fil-A.

“Our occupancy is 98%, which is attractive. New Orleans doesn’t have a lot of vacancy for high-quality centers, which gives me a lot of comfort about investing in a high-quality property like this,” says Belinow.

The roof needs attention now and the outside needs a facelift. Belinow will sink $1 million into the immediate improvements. The Winn-Dixie will also make some upgrades to its supermarket located in the shopping plaza. Future plans for the shopping center will include a new retail building.

“We focus on adding values to our properties which means renovating, new construction, adding extra pads,” explains Belinow.

“These guys are used to much higher prices on the West Coast, and this is a deal for someone who is willing to take the risk into a tertiary market. There’s a much better return on your investment than you would get for the same asset in Dallas or Houston or Atlanta,” says Steve Reising with SRSA Commercial Real Estate.

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Gretna's Big Festival Has All the Headliners

 This October the Gretna Heritage Festival will be held and will have some big name appearances. The three-day event will see live music from Lynyrd Skynyrd, Kool and the Gang, Trombone Shorty, and Orleans Avenue and The Temptations just to name a few. The 27th annual festival is located along the banks of the Mississippi River in downtown Gretna.

According to Gretna’s Mayor, Belinda Constant, patrons will also enjoy entertainment from Trombone Shorty and Orleans Avenue, Luke Nelson and POTR, Trampled by Turtles and Herman’s Hermits starring Peter Noone. Saturday along with those mentioned before there will be performances by Lee Brice, JJ Grey and Mofo, Los Lobos, Ashley McBride, Blues Traveler and ZZ Ward. Local performers will include Dumpstaphunk, Iceman Special, Irma Thomas and the Professionals, and Treme Brass Band.

The festival started over 20 years ago with around 500 attending (last year around 50,000 people attended). Last year was the first year that patrons wore wrist bands as their admission.

“The RFID wristbands were new last year, and it took a little time for people to get used to them. But they turned out to be a huge success. Folks really came to appreciate how easy and convenient they made going to the fest,” says Constant.

“Gretna Fest is always such a wonderful event-not only for the city of Gretna but also for the entire New Orleans area,” praises Constant.

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360insights New Home Is Now New Orleans

 The global software firm, 360insights, is moving its U.S. headquarters to New Orleans. The firm, originally based out of Delaware, will add around fifty new jobs to the New Orleans job market. According to Louisiana Economic Development, the jobs will be added over the next two years and will have an average salary of $85,000.

The company is familiar with New Orleans as it already has an office on St. Charles Avenue. In fact, the found and CEO of the company moved to New Orleans a couple of years ago.

“We’re excited to continue to grow at a fast pace and we’ll looking forward to continuing that growth with the New Orleans community over the coming years,” Heather Margolis, 360insights senior vice president of marketing said.

“This announcement validates that our strategy of being a low-cost, high-culture destination for tech is working, and, with 360insights jobs averaging $85,000, that these companies are providing outstanding opportunities for our residents,” Michael Hecht, president and CEO of GNO Inc., said in a statement.

“Two years ago, my family and I relocated to New Orleans to be part of this amazing city and experience the culture-rich, diverse and service oriented community,” Atkins said in a statement. “The programs, support and incentives offered by Louisiana to help us grow our U.S.-based technology team made it a perfect fit for 360insights. We look forward to welcoming NOLA to the 360 team. We are on an unbelievable journey, and we are just getting started.”

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Gretna City Park $7 Million Overhaul

 Gretna City Park was awarded a $7 million overhaul to take 80 acres of undeveloped green space and turn it into a place for stormwater to go. The park now collects an additional 6.5 million gallons of stormwater. This is the perfect example of how we can use nature to help with water management. Mayor Belinda Constant describes it as “nature-based solutions for water management and ecosystem restoration.”

The $7 million was granted to the project by federal funding from Louisiana’s Strategic Adaptations for Future Environments (LA SAFE). There are 10 other projects that are also receiving funding that are located throughout Louisiana. The improvements include 1 1/2 miles of pedestrian trails, a 1,500-square-foot open-air pavilion, a kayak launch, fishing piers, a bog garden, a wildflower meadow, and hundreds of new trees.

“What you’re looking at today is a secret high-performance landscape. This is one of the highest-performing stormwater landscapes in the city, if not the region, if not the state,” says Andy Sternard of the architecture firm Waggonner & Ball.

According to Gretna officials, Gretna Park is located in the area that is described as the city's resilience district. This district is among the highest concentration of properties with multiple National Flood Insurance Program claims in the state.  The park will also receive a $10 million grant to improve the drainage network along the 25th Street Canal from the Federal Emergency Management Agency.

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New Library in Jefferson Parish

 A new library will be built and named after community leaders Joseph and Constance Caroll. The $2.2 million dollar project will be located in Avondale and will be around 4,500 square feet. “For many years, this community has asked about a library. Our young children who often need guidance…..this is going to be a resource for them and their families,” says Parish Council member Byron Lee.

The library will house meeting spaces, study rooms and a dozen public computer stations and will be located at 588 Avondale Garden Road on the west bank. “Whatever financial gaps or whatever digital that may exist, it won’t exist for very long once this beautiful building is built,” commented Lee.

Joseph and Constance Carroll have been community leaders in Avondale for a long time. They have had a hand in education so this is fitting for them. Their names will be put on the learning institution which is dedicated to education. The library will also have music education in some form or fashion in honor of Mrs. Caroll’s dedication as a music teacher.

The library is needed to fill a gap in the community. It will serve as a safe haven for citizens as well. “Libraries are no longer simply about housing collections. We are about making connections,” boasts Jessica Styons, the new library’s director.

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A New Rapid Bus Line From Algiers to New Orleans East Gains Support

 The $250 million Regional Transit Authority plan has been approved after the second attempt. The plan will use dedicated lanes and rail-style stations that stretch 15 miles from New Orleans East to Algiers.

This will be the first rapid bus line that will receive federal funding even though some Algiers residents are opposed. They are worried about the traffic that it will create over the Crescent City Connection.

The new line will run from Read Boulevard in New Orleans East through the Central Business District and then it will go over the bridge. It will have separated lands and traffic signal priority. This will help with the buses running in 10-minute intervals.

The Regional Transit Authority hopes to obtain federal funding for half of the project’s total cost. If approved after the April submission, the bus line could open as early as 2027. This is a great project for the future of New Orleans as it is one of seven out of the nation’s 50 largest metropolitan regions without some type of rapid transit service.

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A Donation for STEM NOLA

 Boeing has given a $1 million dollar donation to STEM NOLA’s new project the New Orleans East science education building. The $15 million project is headed by Calvin Mackie who is STEM NOLA’s founder and CEO.

STEM NOLA was founded in 2013 and has expanded since its beginning in Mackie’s, a former engineering professor at Tulane University, garage. Mackie began the program with $100,000 of his own money. Since then, there have been several who have made donations to help the project grow and run. In fact, the US Department of Defense has granted $2.79 million so that the group can reach students across the Gulf Shore that are military connected.

The group now reaches kids from all around the New Orleans metro area providing them with weekly science tutorials. The groups will meet virtually, at parks in the area or during and after school programming. So far, the program has helped 125,000 students since its conception.

“We have to get our kids tinkering, building stuff with their hands, critically thinking, asking why it worked, why it didn’t work….. that’s gonna give rise to the mindsets and skills that are needed in the 21st century,” Mackie said.

The new science building will be built on property that was given to the STEM (acronym for science, technology, engineering and math by Oschner Health. The building will house classroom space and tons of up-to-date technology. So far STEM NOLA has not set a date for the groundbreaking.

So far, along with the $1 million from Boeing, the STEM group has been given $1.25 million from WK Kellogg Foundation, $1 million in CARES Act omey and $2 million in state capital outlay funding. The funds given from Boeing has helped with starting the process of fundraising for the building.

“For the children of New Orleans to have access to this type of space, and the type of equipment and this type of technology hopefully from cradle to career. I think we could change the trajectory of many families, if not the community,” says Mackie.

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Changes to the New Orleans Housing Market

 A Bucktown resident put their house on the market in January hoping the nice three bedroom home would sell fast after witnessing the explosion of buyers in the housing market since the Pandemic. After sitting on the market for two weeks with no offers Roxanna Campos was surprisingly disappointed.

“I would have thought we’ have multiple offers by now. If we haven’t had any movement in the next week, we might have to rethink things,” said Campos.

Sellers across the country are facing this same situation. They are having to lower their asking prices and agree on concessions to buyers. In 2022 the volume of home sales was down, and homes were sitting on the market longer according to the Gulf South Real Estate Information Network.

Although home prices did keep rising even with the slow down in the market. In fact, the median sale price in the New Orleans metro area was up 7.8% year over year to $277,000. This was up 24% from the pre-pandemic that was reported at $219,400. The biggest drop in pending sales was in outlying Plaquemines, northern St. Tammany, Tangipahoa and the River parishes.

Why is New Orleans seeing a slowdown? This can be blamed on the rising interest rates, high inflation and the big jump in property and flood insurance rates.

“The insurance rates are literally killing deals. I had a quote for a $10,000 premium for property insurance on a 2,800-square-foot house in Metairie. We couldn’t do the deal. The buyer had to walk away from their dream house,” said broker Jiarra Rayford of Rayford Realty.

Even with the total inventory of homes for sale is up due to the cooler market, the home prices in the area are still reflecting the rise. In some areas, like St. Charles Parish, the home prices doubled. Tangipahoa had the biggest increase up 15%, St. Tammany up 11%, Orleans up 5.8%, and Jefferson was up 5.5%.

In the New Orleans metro area, homes that were priced between $224,000- $350,000 sold the quickest. The average days on the market for these homes was around 32 days. Many agents throughout the area are seeing a shift in sellers. They are being a bit more realistic about their pricing.

“It’s not like the market is dead,” Mirambell said. “I had nine offers last week on a house in Old Metairie. Another one in New Orleans had an escalation clause for $40,000 above list price. So, houses that are updated and have a lot of appeal are still flying off the shelf.”

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A New Orleans Riverfront Development Expansion Approved

 The development that runs along the riverfront of Ernest N. Morial Convention Center to the Lower Garden District will be expanding. The New Orleans City Council voted unanimously to extend a 47-acre special-zoning distract that allows relaxed height restrictions upriver.

The state owns a good bit of the district but the 16-acre add-on is owned by private owners. This includes property from Orange Street to Celest Street. The owners of this additional portion include Louis Lauricella and Brian Gibbs.

The new plan will also include more affordable housing that was not part of the original development. Now any residential development in the district will have 10% of the units dedicated to people who has an income less than 60% of the area’s median income. In addition, another 10% is set aside for those who do not exceed 120% of the median income.

In the new plan, there will also be a new multipurpose facility that will be located in the parking lot that is right across from the convention center at the Pontchartrain Expressway. Developers would like to see a facility that could potentially house a United Soccer League for New Orleans.

Currently, a great majority of the land is covered with tent encampments. The city wants to develop a plan to help relocate those that are living in tents on the land. “I’ve asked them to study whether or not there’s the feasibility of acquiring a hotel, or some other building to increase housing for people who are unhoused. We have so many abandoned properties, so many abandoned hotels. I think that there’s a possibility of rehabbing those,” explains District B Council member Lesli Harris.

The expanded development will house 900 mixed-income residential units worth around $250 million on the vacant Convention Center land. There will be around 850 apartment/hotel-style units, a hotel with 150 rooms, 400,000 square feet of office space and 140,000 square feet of retail. They will also build a linear park that will help with drainage and add space for public transit facilities.

The plan for the 16-acre parcel that is owned by the two private owners is still up in the air. The owners would like to convert the old power plant into an entertainment venue with a hotel and office space. Harris said this is still being looked at and is debatable whether the plans will be accepted.

“What I would like to do is keep the most impactful activities to the riverside so that it’s not really impeding into the neighborhood,” says Harris.

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A New Park Opens With Free Outdoor Concerts

 St. Claude Arts Park is a new park in Arabi that was built on the lot next to the Zeitgeist Theatre & Lounge.  The park is a nice new outdoor venue and art market space for residents and visitors to enjoy.  The park opening was celebrated with two free concerts sponsored by the Jazz Foundation of America. 

The land that the new park is located on is owned by Meraux Foundation which also owns the land the two blocks art district is located on. The arts district includes Zeitgeist Theatre, the artist’s studio and exhibition space St. Claude Arts and the consulting, design and framing business Art Conscious. The foundation is a private family foundation that supports many initiatives in St. Bernard Parish.  These initiatives include projects in coastal restoration, economic development, arts and culture, and education.

“We want to leverage arts and culture as an economic driver. It’s organically growing into a nice destination,”  says Chris Haines, who is a member of the Meraux Foundation Board.

The St. Claude Arts space is made up of 11 studios that are affordable for artists to use.  They are currently filled with artists who are using a vast array of different mediums including painting, mixed media, photography, printmaking, woodworking, furniture refurbishing, and vintage clothing.  One of the studios is Visual Arts which displays local exhibitions.  Art will also be displayed on walls throughout the art district as the foundation has hired 10 muralists to complete this project.

As for the park, there are around 10,000 square feet of open space with lights and a covered area for bands and performances.  The building facade located at 6609 St. Claude Ave houses the restrooms, and storage space and the black back wall will be used for outdoor movies.  The park and Zeitgeist Theatre will hold the reception for PhotoNOLA which is New Orleans’ photography festival that runs December 7 – 10, 2022.  During this festival, there will also be a photography-themed art market.

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New State Cultural Districts To Be In Jefferson Parish

 The state has decided to locate two new state cultural districts in Gretna and Jean Lafitte.  One of the main reasons is that these are sites where two historic buildings are located that could possibly qualify for state historic tax credits.  Another bonus is that any qualifying art that will be sold at the two locations will be exempt from local sales tax. 

In order for any artwork to be exempt from local sales tax it must be an original, one of a kind visual piece, conceived by the artist and made by their hand or under their direction, and not intended for mass production.  Art can be reviewed by the Office of Cultural Development to see if it qualifies for tax exemption.

Jefferson Parish will now be the site of five state cultural districts in Louisiana.  The first will be the new South Gretna Cultural District that will cover parts of southern Gretna along the south of Gretna Boulevard including Gretna City Park and Timberlane Estates.  Everything north of the Westbank Expressway is already included in a separate state cultural district.  The new Jean Lafitte Cultural District will include a block on both sides of Jean Lafitte Boulevard from Camille Court south to Shipyard Street.

There are 124 state cultural districts now in Louisiana, including six new districts that were announced.  The other new districts were the City of Crowley African American Cultural Historical District in Crowley, Divine Nine Cultural District in Monroe, Franklin Cultural District in Franklin, Pointe-aux-Loups Cultural District in Iota.

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Gentilly Festival Will Be Held At Pontchartrain Park

 The Gentilly Festival is a three-day event full of music, art and food with  three stages located in Pontchartrain Park.   The festival is a free event that will run on Friday from 6pm – 9pm and on Saturday and Sunday from noon – 8pm.  The festival will be located at the playground at Press and Prentiss Drives.

This fall-filled New Orleans festival will also raise funds to support first responders and nonprofits that serve the Gentilly community.  “It’s going to be really exciting. We’re keeping our flavor, our flair of the community. We’re trying to unify and reunite the neighbors post-pandemic,” says chair and organizer of the festival Gretchen Bradford.

This year there will be over 25 food vendors and an eclectic range of entertainment.  There will be restaurants, caterers and food vendors from the area serving up their dishes at this year’s festival.  Many local caterers that are starting a business will introduce themselves through the festival. There will also  be veteran Gentilly food fest vendors that will also provide delicious assortments.  “We’ve got a little Latin, a little hip hop, brass, funk……….We got a little bit of that New Orleans bounce. We can touch many different audiences,” says Bradford.

The festival is a great event for the whole family.  This year there will be a Kids’ Village which will include pony rides, an entertainment stage, pottery making, face painting and more crafts.  For the adults, there will be tons of local organizations which will provide services and tell about what they have to offer for Gentilly residents, and for an additional charge a VIP Champagne Experience.

The Gentilly Festival is not just for locals, as the festival also attracts tourists and those who used to live in Gentilly and are back to visit for the event.  The festival will kick off with “Jazz Under the Stars” with live music and DJ’s.  Performers include Brian Quezergue Quartet, Indys Blu, Quiana Lynell and DJ Juane Jordan.

This is a fun time for Gentilly and all of New Orleans.  “We promote happiness,” says Bradford.

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A New French-Style Deli in Faubourg St. John

 Fair Grinds Coffee House has been purchased by the owners of Cafe Degas. Cafe Degas, a restaurant that has served French cuisine in Faubourg St. John for almost 40 years, will convert the space into a new French-style deli. Co-Owner Jacques Soulas said the space at 3133 Ponce de Leon Street will expand the kitchen capacity for Cafe Degas.

Cafe Degas opened its doors in 1986 by co-owners Jacques Soulas and Jerry Edgar. The building was formally a babershop on Esplanade Avenue and even though the restuarant has expanded, the kitchen space has not.

The new concept is still in plans along with the name. There will be a casual cafe along with a counter service deli. The menu will focus on French style sandwiches and pastries serve with coffee drinks. Like neighbor Mayhew Bakery, the new sandwiches will be served with pate, French salami, and ham and Brie.

“We’re delighted that Café Degas is taking it on and excited to see what they’ll do there,” said Wade Rathke, who ran Fair Grinds from 2011 until the coffee shop closed this spring.

Fair Grinds Coffeehouse open its doors in 2000, replacing former True Brew Coffee, by owners Robert Thompson and Elizabeth Herod. The coffee shop closed its doors after Jazz Fest.

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The 2022 Gretna Heritage Festival Will Features John Fogerty, Beach Boys, and Revivalists

 his fall the 2022 Gretna Heritage Festival will be along the Mississippi River in downtown Gretna celebrating its 26th edition. It is a three day event from October 7th – 9th and will feature big artists like John Fogerty, the Beach Boys, the Revivalists, country singer Brett Young and Irma Thomas

The single-day pass will be just $20 which can be used on any of the three days. An all three day pass will cost $45 and will be free for children 12 and under. This will be the first year that the festival has happened since before COVID-19.

Along with live music, there will be the popular Italian Village which includes over 100 craft and clothing booths and dozens of food booths, Kid’s Corner which includes games and inflatables, Margarite Village and the craft beer section. The multi-block festival will be fun for the whole family.

The festival first took off in 1994 and has been a success ever since. Big artists have been featured at the festival in the past such as KISS, Kid Rock, the B-52s, Pat Benatar & Neil Giraldo, Earth Wind & Fire, ZZ Top, Huey Lewis and the News, Rick Springfield, KC and & he Sunshine Band, Hank Williams Jr., Lynyrd Skynyrd, Joan Jett and the Blackhearts, Melissa Etheridge, the Gregg Allman Band, Aaron Lewis and Poison’s Bret Michaels.

Revivalists, which was created 20 years ago in New Orleans, will be the opening night headliner. This year will have a vast array of genres including Thomas, Tank and the Bangas, Dumpstaphunk, Deacon John & the Ivories, Kermit Ruffins, Water Seed, Cowboy Mouth, Rockin’ Dopsie, Dwayne Dopsie, Amanda Shaw and Wendell Brunious. The Saturday night headliner will be Fogerty who was part of Creedence Clearwater.

The Gretna Heritage festival not only entertains locals but also benefits local businesses and organizations in Gretna. Proceeds from the festival have supported non-profit organizations like the American Cancer Society, Amigos Mexicans, American Heart Association, American Legion and much more. Sponsors of the festival include Bud Light, IMTT, West Jefferson Medical Center, Gulf Coast Bank & Trust Company, Where Y’At and many more.

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Delays For the New Convention Center's River District Plan

 

The Ernest N. Morial Convention Center has plans for its upriver acres. The new project includes a neighborhood and entertainment district. The River District's board decided to extend the deadline. The reason for the delay was prompted by a request from the Convention Center's President and General Manager Michael Sawaya. He relayed to the board that they needed until June to finalize the terms of the agreement with local developer Lou Lauricella and his consortium.

"Delays are not well accepted," Sawaya said. "When we are talking about these things it is not just about us getting lease income...We need things built and we need guarantees that we are going to get things built."

The coronavirus has been a big thorn in the side of this project. Originally a 1,200-room hotel by Omni was to be part of the project. This was dropped due to the change on the outlook for hotels caused by the pandemic. Back to the drawing board, Sawaya has commissioned HVS which is a consulting firm to look into what hotel size would work best for the project.

HVS will look at building in phases. This will include a 600, 900, and 1,200 room versions of a hotel. Now they will need to find a finance partner who will replace the previous one, Preston Hollow Capital.

"Right now we don't have something for (a potential new financial investor) to look at," Sawaya said. "But in the first phase at least we've got to get something started." He said that now that the broader upriver district is underway, "our hope is that investors will show up (for the hotel) as well."

Business is improving for the Convention Center as hotel tax revenue has rebounded to close to $3 million. In fact, the past month has been the busiest for sales at the Convention Center since the pandemic. This comes at a great time with the project in the near future and the $557 million facelift the center is currently getting.

Lauricella and Chris Maguire, CEO of Dallas-based Cypress Equities are the master developers for the entertainment-focused neighborhood. This part will be on 39-acres that the Convention owns upriver. The project will include 1,100 housing units which half will be dedicated to lower-income residents. There will also be retail space and entertainment venues.

The 39-acres, valued at around $200 million, will be given to the project. The project will create around 4,500 permanent jobs and will cost over $1 billion. The plans are to begin construction on the first section of the project, a 7-acre tract of lakeside that runs along Tchoupitoulas Street.

"The brief extension on a final agreement will give the team more time to finalize plans for the vast amount of land to be developed for our community," said Lauricella in an emailed comment.

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Plans For A Movie Studio In New Orleans East

 Many actors and musicians are New Orleans-born. One of these actors is Anthony Mackie, best known for his role as the Falcon in the Marvel movies. Mackie, 43, has purchased 20-acres in New Orleans east where he will create a movie studio. The land is located at 10 Service Road at Read Boulevard.

The project is still just in the planning stages but several of those that have been involved in the negotiations confirm this is what the property is intended to be used for. The new production company will be called East Studios LLC. The company will join other New Orleans studios including Starlight Studios, The Ranch Film Studios, Second Line Stages, and Swaybox Studios.

Film and television production is booming in New Orleans. According to Chris Stelly, executive group director of entertainment and digital media at the Louisiana Department of Economic Development, there are around twenty movies and television shows that are currently in production in the state of Louisiana.

The state was one of the first states to obtain a financial incentives program for filmmakers almost twenty years ago. In fact, $291 million was put into the Louisiana film industry by AMC, Disney, OWN, Netflix, and many more big industry companies. The motion picture production tax credit gives film productions a tax credit of as much as 40% on qualifying spending in the state, up to $150 million, including payroll for both local and out-of-state labor.

"We were one of the pioneering states in terms of offering incentives to filmmakers, and we've done a great job in terms of building state-of-the-art stages," he said. "A full-fledged studio where you have everything in-house, that's the ultimate goal."

Currently, Anthony is the executive producer for the upcoming series "Twisted Metal." Mackie who studied at New Orleans Center for Creative Arts said the scope of the planned studio is not yet clear. But if it is an "end to end" operation, which would include the acquisition of intellectual property, development, production and marketing, it would mark a new level for Louisiana's film and television industry.

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New Plans For the Market Street Power Plant

 The Market Street Power plant has been part of the New Orleans riverfront for 120 years. Locals are familiar with the big Victorian-style smokestacks but they won't be there for long. The new owners, local developers Louis Lauricella and Brian Gibbs, are currently devising plans to convert the property into a hotel, offices, shops, and some kind of entertainment venue.

The Market Street Power Plant, an old coal-fired plant, was built in 1902 by Entergy Corp. Entergy was responsible for supplying electricity to New Orleans.

This is not the first person to plan to convert the old plant. Developer Joe Jaeger purchased the plant in 2015 for $8.7 million and had plans to turn it into a Live Nation music venue. In 2020 he put the property up for sale along with an additional 7-acres surrounding the plant for $16.9 million.

Now the 160,000-square-foot power plant will be turned into a "new-to-market concept which will include restaurants, retail, entertainment, hotel, and office space.

"The Market Street Power Plant site is an important piece of our overall vision for the riverfront,” Lauricella said. "This site holds the potential to be a transformative project for our community."

The project is just a small part of the new area which is called The River District. Adjacent to the plant is the 39-acres that will be the remaining part of the new entertainment-focused district. The district will include housing, retail, entertainment, and office space and will cost around $1 billion. There will be a civil rights museum as well as around 300 apartments that will be affordable for lower-income residents.

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Louisiana Will Receive $2.7 Billion for Levee Infrastructure Projects

 South Louisiana residents know the damage flooding can cause to the levee systems around the area during a hurricane. The Lousiana levee systems are very important to the area and its residents. Last month, it was announced that the area will receive $2.7 Billion towards completing the Morganza-to-the-Gulf hurricane levee system along with several dozen levees, flood control and other infrastructure projects.

Congress recently approved the two bills that provide the $2.7 billion, the Hurricane Ida Disaster Supplemental Appropriations bill approved in September and the Infrastructure Investment and Jobs Act approved in November.

The Coastal Protection and Restoration Authority has allowed $1.3 billion dollars in their annual 2023 budget which will be spent over 12 months beginning July 1. Included are 144 projects statewide, including $1 billion to be spent on the construction of 76 projects.

“After Louisiana suffered a direct hit from Hurricane Ida, I am pleased to see the Corps include over $1 billion for projects in Louisiana’s First Congressional District," Steve Scalise, R-Jefferson, who originally opposed the bill, said. "As our state’s recovery continues, I am committed to pushing the Corps to ensure South Louisiana has the resources necessary to restore and improve protection for our citizens and communities.”

"The federal funding released today builds on years of work by Congressman Scalise on these flood protection projects," replied spokesman Hunter Lovell. "Congressman Scalise, along with Congressman Garret Graves, secured the language in a House bill that allowed the Morganza-to-the-Gulf project to receive federal construction funding for the first time in its history."

The Morganza levee system already has received $12.5 million in 2020 and $19 million in 2021. The $378.5 million from the infrastructure bill is the largest federal contribution towards the level system. The Morganza levee is a 92-mile levee system. Because the state requires 35% to be matched for the federal funding, Louisiana, Terrebonne and Lafourche parishes have given $1 billion towards the construction.

The money allotted by the bill will also help pay to improve several floodgates which include Minors Canal Floodgate, Humble Canal Floodgate, and the Gulf Intracoastal Waterway East and West floodgates. It will also help redo the Lockport to Larose levee reach and the Reach A South levee.

The Southwest Coastal Louisiana Hurricane Projection will be allotted $125 million to help raise structures in Calcasieu, Cameron and Vermilion parishes. The program's goal is aimed at reducing flooding problems and restoring wetlands in areas south of Lake Charles.

Another $783 million will be given to the Corps to allow the hurricane levels in Plaquemines Parish to be elevated to levels able to withstand overtopping from storm surges with a 2% chance of occurring in any year. The West Shore Lake Pontchartrain levee will also receive $453 million which is slated to be completed by end of 2025.

The remaining funds will go to improvements to the Atchafalaya Basin floodway, repairs to levee slides at two Atchafalaya Basin locations, and for dredging of a shoaling area in the basin near Morgan City, build the Bayou Sale East-West tie-in, design and partially build drainage projects in Algiers and repairs to Mississippi River levees and channels throughout the state.

The New Orleans area will also get some of the money to help raise the area's levees. In the Corps budget for the area, the proposed to spend $3 billion over a 50 year period. This will help keep the levees raised to the 100-year surge protection level.

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