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Posted on 3/24/21 at 1:29 pm to fightin tigers
quote:
quote:
Why does the city need affordable housing on riverfront property?
Probably has something to do with federal law and HANO
It has to do with qualifying for the low income tax credits for the financing of this project when then after a period of four years the developers will move those affordable units back over to market rate rentals or sell them as condos.
Posted on 3/24/21 at 1:34 pm to MrLSU
they'll be completely trashed by then.
Posted on 3/24/21 at 1:36 pm to MrLSU
Looks like the water is already starting to come in on those first two drawings... prolly already past the wheel-wells on that car...
Posted on 3/24/21 at 1:37 pm to LSUSkip
Can you even operate a personal motorized watercraft on the Miss River? I always assumed.... absolutely not!
This post was edited on 3/24/21 at 1:40 pm
Posted on 3/24/21 at 1:38 pm to LNCHBOX
"Why would someone who say makes $250k a year voluntarily live in the same building, for a significantly higher price than trash that makes $8/hr and is going to destroy the nice, shared public areas."
It's all part of lifting others up. If they see that rich folk don't put cars on blocks and steal the tires, maybe the poors won't either. Like putting some jagaloon in a school desk next to your kid worked out so well.
It's all part of lifting others up. If they see that rich folk don't put cars on blocks and steal the tires, maybe the poors won't either. Like putting some jagaloon in a school desk next to your kid worked out so well.
Posted on 3/24/21 at 1:39 pm to Cosmo
quote:
Louis Lauricella
Another white male. smh
That could be a stretch for some ppl
Posted on 3/24/21 at 1:41 pm to MrLSU
The most important aspect of this project is will there be someone there to tell tourists where they got dere shoes? With affordable housing there, I'd say yes.
Posted on 3/24/21 at 1:43 pm to Gee Grenouille
quote:Great word usage!
jagaloon
Posted on 3/24/21 at 1:46 pm to brewhan davey
Nice, a place for the homeless to bathe
Posted on 3/24/21 at 1:47 pm to TSmith
quote:
I love the utter realism from these posts... keep them coming.
FIFY
Posted on 3/24/21 at 1:48 pm to DarkDrifter
But where will they have BUku fest?
Posted on 3/24/21 at 1:49 pm to Large Farva
quote:
But where will they have BUku fest?
Just find another field for people to get high in and flail around
Posted on 3/24/21 at 1:50 pm to MrLSU
any other city I would say good for them for trying something new but New Orleans will find a way to frick this up so it's not even worth it. Artistic renderings for projects like this always crack me up though
Posted on 3/24/21 at 1:53 pm to MrLSU
quote:
The plan envisions 1,100 housing units in total, with 450 designated for lower-income residents.
They really mean all 1100...
quote:
River District promised to invest more than $1 billion to create 2.4 million square feet of housing, retail, entertainment and office space, which would in turn create 4,500 permanent jobs. The group also emphasized that its plan would generate the most tax revenue for New Orleans and Louisiana governments, as well as potential upside for the Convention Center.
Good time to be building office space.. Good place for the homeless to stay
Posted on 3/24/21 at 1:54 pm to Y.A. Tittle
quote:
I'm not personally a fan of theses types of setups, but there have been lots of developments in the city that were done under this framework over the past 20 years or so that seem to be doing okay for the most part. They aren't getting people making just $8 an hour with nothing else, it seems.
It’s all optics. A lot of funding is tied to making a portion of the condos affordable housing. Eventually the time runs out that you have to keep them “affordable” and everything is normal.
This won’t stop the OT from shitting on a new development in a city / state that needs all it can get, but there’s reasons for it. And it all ends up alright.
Posted on 3/24/21 at 1:59 pm to DarkDrifter
They've also purchase the Market Street Power Plant land from Joe Jaeger for 16m and they're also talking to the Port of New Orleans and Tulane to buy more land in the area.
The city definitely needs more of these live, work, play modern developments and less tourist bullshite.
It might well be the biggest real estate project in New Orleans/Louisiana history and it'll be up there as far as large projects in the nation. The only part thats publicly funded is infrastructure in the area, i.e roads, sidewalks, streetlights, drainage, much of which already exists. These land parcels are more or less shovel ready.
As much as I hate much of the direction of New Orleans lately especially under Latoya Cantrell, this is an exciting project for the city. You need to keep up with the Joneses. We are losing businesses, residents, conventions to other cities who are well ahead of us on these types of projects. If this goes to plan Latoya will piggy back it, but this has nothing to do with her. Its all private sector seeing a 40 acre empty space of land in a major city.
The city needs a more diverse economy, it can't rely on tourism and the Oil industry in New Orleans is on its last legs. I can't see a fortune 500 coming here but a development like this is more than capable of attracting additional tech jobs and residents into the area.
This is exactly what New Orleans needs.
The city definitely needs more of these live, work, play modern developments and less tourist bullshite.
It might well be the biggest real estate project in New Orleans/Louisiana history and it'll be up there as far as large projects in the nation. The only part thats publicly funded is infrastructure in the area, i.e roads, sidewalks, streetlights, drainage, much of which already exists. These land parcels are more or less shovel ready.
As much as I hate much of the direction of New Orleans lately especially under Latoya Cantrell, this is an exciting project for the city. You need to keep up with the Joneses. We are losing businesses, residents, conventions to other cities who are well ahead of us on these types of projects. If this goes to plan Latoya will piggy back it, but this has nothing to do with her. Its all private sector seeing a 40 acre empty space of land in a major city.
The city needs a more diverse economy, it can't rely on tourism and the Oil industry in New Orleans is on its last legs. I can't see a fortune 500 coming here but a development like this is more than capable of attracting additional tech jobs and residents into the area.
This is exactly what New Orleans needs.
This post was edited on 3/24/21 at 3:11 pm
Posted on 3/24/21 at 2:02 pm to LNCHBOX
quote:
If they don't repave, there's a pretty big one here
Once a week I see some poor sap hit that thing. It's been there 3-4 years and not even an attempt to fix it.
Posted on 3/24/21 at 2:02 pm to Cotten
quote:
Why would someone who say makes $250k a year voluntarily live in the same building, for a significantly higher price than trash that makes $8/hr and is going to destroy the nice, shared public areas.
The differences aren't that great.
It's more like someone making $12 an hour living in same complex as someone making $75K in annual salary, and both of them want to live near their work.
Posted on 3/24/21 at 2:04 pm to member12
quote:
ot a single thug or homeless person in those preliminary renderings.
That's because the earliest it will be built and look like that is 500 years from now.
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