New Orleans Riverfront Plan Gets Green Light

A $289 million redevelopment plan from the New Orleans Building Corp. will break ground within months

A plan for redeveloping large sections of the riverfront in New Orleans took a step closer to reality when it received a green light from the city on January 9. The New Orleans Building Corporation (NOBC), whose board includes mayor Ray Nagin and three members of the City Council, endorsed conceptual plans and authorized work to begin on the project's first phase, perhaps within months. New details about project financing were also released.

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