Seems like "along with" might be a bit of a stretch in this passage.
A development agreement for the former Six Flags amusement park has been finalized, nearly a year after Mayor LaToya Cantrell’s administration chose Bayou Phoenix to take on the project.
The agreement will eventually allow the group led by businessman Troy Henry to access the site and begin pre-construction work. Details of the agreement were not immediately available, but Bayou Phoenix has proposed to build a warehouse on the 227-acre site, along with a water park, hotel, ball fields and other amenities.
If I had to guess at what's going to happen, at the very least I would assume the warehouse project is, "prior to" any remaining development which could be pending for a very long time.
This doesn't yet say what, exactly has been agreed to. Back in November, it was clear that Henry was seeking private control over a public asset beyond which was either legally or morally appropriate. We'll see what he got soon, I guess.
Update: Case in point, re: public investment going toward private profit. Apparently the city is chucking in another 1 million dollars toward Henry's warehouse.
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