As Louisiana wraps its Gulf Opportunity Zone lending program, only 3 percent of the $7.8 billion went to projects in New Orleans, a review of state records show.
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These projects include:
These projects include:
* $96 million for a rental car facility at Louis Armstrong International Airport
* $30 million for improvements to the Tulane University campus
* $25 million for Sewerage and Water Board infrastructure
* $22.5 million for a hydrogen pipeline connecting New Orleans to Norco
* $15 million for a Drury Inn and Suites hotel in the Central Business District
* $4.5 million for a Borders Bookstore on St. Charles Avenue at Louisiana
* $7 million for two Robert Fresh Market grocery stores, one in Lakeview and the other in Carrollton.
* $7 million for a warehouse and distribution facility at the Port of New Orleans, west of the Industrial Canal.
* $5.5 million for a new residential facility and headquarters for Bridge House, a substance abuse clinic and homeless shelter
* $8.5 million for a boutique hotel in the Warehouse District
* $4 million for a New Orleans-based company, Southern Theatres, to renovate the 12,000-square-foot Canal Place cinema, along with a 50,000-square-foot theater in Kenner.
And, in case you haven't been paying attention today,
Bookstore chain Borders Group Inc. filed for Chapter 11 bankruptcy protection today and said it will close about 30 percent of its stores nationwide, including the two it operates in the New Orleans area. The bookstore chain plans to shut both its Metairie store at 3131 Veterans Memorial Blvd. and its New Orleans store at 3338 St. Charles Ave in the coming weeks. The latter location is the site of the former House of Bultman Funeral Home, which Borders converted and opened in 2008.
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