The Downtown Development District (DDD) recently asked for input on green space from the Urban Land Institute Louisiana (ULI). In response, ULI met for two days in May to study the possibilities, interviewing over 50 people. On May 7, the organization provided a lengthy list of recommendations for the Central Business and Warehouse districts and other neighborhoods within its boundaries — Iberville Street, Claiborne Avenue, the Pontchartrain Expressway and the Mississippi River.

Katherine Sayre of the New Orleans Times-Picayune provides good coverage of the recommendations in her article, From dog parks to playgrounds, Downtown Development District should consider a greener city core, panel recommends.

As noted by Managing Partner, Robert M. Steeg, “This short article combines several areas of interest to Steeg Law and its clients – the continued improvement of the downtown area of New Orleans, the trend toward spaces that are “green” in both the old and new meanings of the word, and the use of creative tax-based financing mechanisms to achieve real estate goals.”

Read the article in its entirely here.

Filed under: Commercial Real Estate, Development, Zoning and Land Use, Industry News, Real Estate Financing
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