In an attempt to put of the city's most valuable pieces of real estate back into commerce, New Orleans officials are preparing to solicit proposals for redeveloping the World Trade Center site at the foot of Canal Street.
The Times-Picayunereports the proposals can call for either demolishing or renovating the vacant office tower.
Three new businesses are setting up shop at Westside North Shopping Center in Gretna, which has been undergoing an $8 million expansion made possible by the city's acquisition of a street for the project.
The Times-Picayune reports Cavender's, a western wear store, Auto Zone and Planet Fitness will join other stores at shopping center, which splits the West Bank Expressway and is the city's big economic engine.
The Housing Authority of New Orleans received a Federal grant last year to redevelop the Iberville Housing Development, the city’s last traditional public housing complex, on the edge of the French Quarter. The plan was to keep about a third of the buildings, demolish the rest, and build new, mixed-income housing.
Though we usually talk about going into business, on this week’s show Peter talks to two women who got out of business.
Kendra Jones Morris walked away from consulting Fortune 500 companies to found Rural Revolution, connecting women artisans in the developing world with direct marketing women in the United States. Mary Lee Murphy left the business world to become Development Director of the education non-profit City Year.
Chris Genteel, Google's head of diversity markets, and other people from the Internet giant will join bankers, investors and federal officials at the Southeast Louisiana Small Business Conference this Thursday at the UNO Lindy Boggs International Conference Center.
Other speakers include Pellsom Lau, regional manager for the Small Business Administration's office of international trade, and Paul Satenstein, chief financial officer of The Online Incentives Exchange. Satenstein will talk about Louisiana's online exchange for state tax credits.
Officials say construction of a $1.8 million pedestrian and bike path along West Causeway Approach that will help connect the east and west sides of Mandeville should be completed in two to three weeks.
Mayor Donald Villere tells The Times-Picayune plans are in the works to improve traffic signals around North Causeway Boulevard and Monroe Street to make it easier for bikers and pedestrians to cross the busy intersection.
City officials say the signals will ease traffic flow and remove a major hurdle for people who opt not to use motorized vehicles.
New Orleans Mayor Mitch Landrieu's office and the city's Office of Economic Development have announced a new program to encourage small business expansion and job creation.
The new financing program is called the New Orleans Small Business Assistance Fund. A City Hall news release Tuesday said it's a $2 million fund that will provide 8 percent interest rate loans to for-profit and nonprofit businesses for operating capital and equipment purchases.
SBAF loans are expected to range from $10,000 to $100,000. The maximum term of the loan is up to 84 months.
Officials of Ameristar Casino say construction of a $500 million casino is moving ahead on schedule and the development should open in 2014.
The American Press reports that since July, Ameristar has removed trees, set a building foundation and completed a road that allows construction workers access to the site of its casino hotel in south Lake Charles.
Ameristar Vice President Jack Mohn said the new casino's neighbor — Pinnacle Entertainment, owner of L'Auberge Casino Resort — has been accommodating.