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1 New Orleans Riverside in Historic Algiers JUNE 2016 Overview.

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Presentation on theme: "1 New Orleans Riverside in Historic Algiers JUNE 2016 Overview."— Presentation transcript:

1 1 New Orleans Riverside in Historic Algiers JUNE 2016 Overview

2 Location: 200 acres ( Size of the French Quarter) 2

3 3 The Beginning: Navy property established in 1901.

4 BRAC 2005 LAW The Secretary of Defense recommended to the Base Realignment and Closure (BRAC) Commission to realign the Naval Support Activity Base (NSA) in Algiers. This action effectively closes the Naval Support Activity. 4

5 5  Prior to the eventual Naval Support Activity Realignment, “Saving the Base” for development was strongly supported by the State, City and the entire Louisiana Congressional Delegation.  The result was the Marine Corps Support Facility, a major post-Katrina economic development project, $150M of State funds committed to date (Mega Fund & Bonds). ADD signed a 75-year lease with the U.S. Department of Navy in September 2008. New Orleans Riverside beginnings as Federal City

6 After 114 years, The Naval Support Activity Realigned September, 15, 2011 6

7 7  Legislation to convey Fee Simple to ADD was signed by the President in December 2010.  Fee Simple Transfer was finalized in May 2013. Excludes the Secured Area, Qtrs. A and PPV Housing Areas. ADD supports maintaining the existing footprint of the PPV Housing Areas. March 2014-ADD took control of project from NOFA & HRI/ECC. Marine Corps Support Facility: 4th Marine Division, the 4th Marine Aircraft Wing and the 4th Marine Logistics Group. Adjacent Coast Guard Sector Command. Approximately 1,500 full-time military jobs /2,100 total at site daily. New Orleans Riverside Background

8 8 New Orleans Riverside Land Overview

9 New Orleans Riverside Phase I - Complete 9 Military Focus (2008-2014) Marine Corps Support Facility. Adjacent Coast Guard Sector Command. 50-room Federal City Inns and Suites. Garage and Retail Center (32,000 square feet). Child Care Center (Privately operated). Large 400 Capacity Algiers Auditorium. New Orleans Maritime & Military Academy. Patterson Road (Phase I & II) & Opelousas Road Extensions. Ochsner Fitness Center. (Phase 1) NOPD 4 TH Headquarters. Levee Bike, Jogging, Walking Path.

10 10 Commercial, Residential and Community Focus (2015-2025) ENTERGY and S&WB Infrastructure complete. Ochsner Fitness Center –Physical Therapy & Café, Swimming Pool & Locker Rooms. Delgado College Expansion – Student Center (Completed) Master Plan Finalized (Sept.)– Steve Oubre - “River Ranch” Lafayette. Grocery Store, Retail, Office, Business & Restaurants New Residential & Ongoing Commercial Development. Historic Buildings and Historic District. New Landscaping, Beautification, Signage & Infrastructure. New Orleans Riverside Phase II

11 11 New Orleans Riverside Timeline Selection of Vista Louisiana as Master Developer. (Jan. 2015) Master Plan Update (Sept. 2015) Final Master Plan Presented to JDC, Sept. 15, 2015 Master Plan accepted by ADD and JDC on Oct. 27, 2015. Financial Terms agreed to between ADD and Vista Louisiana, Dec. 22, 2015. First property transfer closing to VISTA, June-July 2016. 2015-2025 ∙ Ongoing Development The New Orleans Riverside in Historic Algiers is OPEN FOR BUSINESS.

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13 NEW ORLEANS RIVERSIDE IN HISTORIC ALGIERS DEVELOPMENT OVERVIEW 13

14 New Orleans Riverside Parking Garage Retail Space 14

15 15 New Orleans Riverside Historic Building Street View

16 16 New Orleans Riverside in Historic Algiers Future

17 New Orleans Riverside Town Plan 17 1098 Multifamily Units 65 Townhouses 70 Urban Houses 7 Village Houses 1240 Total Units 356,000 SF Commercial (retail and office)

18 18 New Orleans Riverside Long Term Vision 1348 Multifamily Units 65 Townhouses 110 Urban Houses 7 Village Houses 1530 Total Units 356,000 SF Commercial (retail and office)

19 New Orleans Riverside Lot Type Plan 19

20 New Orleans Riverside Building Uses 20 OCHSNER FITNESS

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28 New Orleans Riverside Sample Architecture 28

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30 30 New Orleans Riverside Sample Retail

31 31 New Orleans Riverside Sample Retail

32 32 New Orleans Riverside Sample Retail

33 Three Boards – One Mission Algiers Development District Special taxing district (TIF) Joint Development Committee Multi-agency composition Algiers Development Corporation 501 (c) 3 33

34 Algiers Development District Special taxing district (TIF) created by State legislation.  Owns the Federal City Property. Vision: Advancing Algiers to be the best…for our residents, schools, businesses and community. Mission: To provide professional leadership governed by the highest ethical principals in the development of a world-class community for Algiers residents, schools and businesses. ADD Board: Sen. Troy A. Carter (Chairman) Mark Major (Secretary) James Henderson, Jr. (Treasurer) Rep. Gary M. Carter, Jr. Paul Collins Sen. J. P. Morrell Joe Toomey 34

35 Joint Development Committee 35 Multi-agency composition. Formed in 2013 to oversee day-to-day Federal City operations. Focused on redevelopment of remaining property. JDC Members: William Oliver - GNO Inc., Chair (GNO, Inc.) Jackie Brechtel Clarkson (NOFA) Rep. Gary Carter, Jr. (ADD) Bill Detweiler - National WWII Museum & Attorney at Law (City of New Orleans) Bob Farnsworth –National WWII Museum (NOFA) Rick Legendre - Retired Consultant (ADD) Edward Markel - Atty. James Carter & Assoc. (ADD)

36 Algiers Development Corporation 501 (c) 3 established in 2013 Incorporated for the purpose of promoting the health, education and welfare of the residents of Algiers. Vision and Mission aligned with the Algiers Development District. Focus is supporting Federal City Activities. ADC Board: Paul A Trotter, Sr. (Chairman) Oscar Rainey (Vice Chairman) Lourdes Moran (Secretary) Peter Cho Erin Eustis Joe Stephens 36

37 37 QUESTIONS?

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