BIGGEST REDEVELOPMENT PROJECTS IN CITY HISTORY THE COMPANY THAT WON THE BID TO REDO THE SITE OF OLD SIX FLAGS IN NEW ORLEANS IS SAID IT STILL HAS NO CONTROL OF OWNERSHIP AND IF IT DOESN’T CHANGE SOON IT COULD BE COSTLY. INSIDE THIS DOWNTOWN NEW ORLEANS OFFICE BUILDING DEVELOPER, TROY HENRY SHOWED US THE PLANS FOR THE MASSIVE SIX-FLAGS SITE 300 ACRE SOLUTION AT HERE. YES. WE ARE GOOD HOTELS LEISURE RETAIL AND BUSINESS ITS COMPANY BAYOU PHOENIX RECEIVED CONTRACT FROM CITY HALL TO TURN THIS INTO REALITY. BUT SEVEN MONTHS LATER HENRY SAYS HE’S STILL DEALING WITH THE RED PAPER AT CITY HALL AT THE TIME THE CITY IS TRYING TO DECIDE. WHAT ENTITY IN THE CITY WILL MAKE A DEAL AND GIVE US THE KEYS SO THEY WENT BACK AND FORTH BETWEEN IDB AND NORA AND THE CITY AND I DON’T KNOW WHAT OTHER ENTITIES IN THE CITY THEY ARE BUT THEY STILL WORK THROUGH THIS TO DETERMINE WHO WILL WRITE A LEASE FOR US. AND HENRY SAYS GET THE PROPERTY. INSENSITIVE I KILL BUSINESS AND WE HAVE SET MARKET EXPECTATIONS WITH POTENTIAL POTENTIAL TENANTS POTENTIAL OPERATORS. PARTNERS AND IF WE DON’T BUT THE FIRST THING THEY WANT TO KNOW IS DO YOU HAVE AUTHORITY AND CONTROL OF THE SITE? AND IF WE CONTINUE ON THE PATH OF NO, WE DON’T KNOW. WE DON’T KNOW WE ARE NOT DOING THIS FOR AN EXTENDED PERIOD, THEY WON’T TAKE SERIOUS IN MAY 2021 WDSU INVESTIGATION. GET AN EXCLUSIVE LOOK INSIDE THE PARK WHICH HAS BEEN ABANDONED SINCE HURRICANE KATRINA MADE EARTH IN 2005. A CITY AND MAYOR LATOYA CANTRELL PLEDGE TO REDEVELOP THE OVERGROWN AMUSEMENT PARK. HENRY JUST HOPE HE IS LUCKY THAT THERE IS AN ELEMENT OF TIME SENSITIVITY THAT GOES WITH THESE TYPES OF CASES. AS CITY HALL ABOUT THIS DELAY THAT HENRY HAS ISSUES WITH AND THEY HAVE ISSUED US THIS STATEMENT THAT THE AGREEMENTS BETWEEN THE CITY, THE INDUSTRIAL DEVELOPMENT BOARD, THE NEW ORLEANS REDEVELOPMENT AUTHORITY AND BAYOU PHOENIX WILL RESULT IN THE TRANSFER OF OWNERSHIP AND CONTROL OF THE SITE TO BAYOU PHOENIX. HE WILL
Developer Seeking Action in Six Flags Redevelopment
Seven months ago, Bayou Phoenix was awarded the contract by New Orleans City Hall to redevelop the former Six Flags site. the city, the Industrial Development Board, the New Orleans Redevelopment Authority and Bayou Phoenix, which will result in the transfer of site ownership and control to Bayou Phoenix, will be finalized within the next 60 days. of property developed by 2025.
Seven months ago, Bayou Phoenix won the contract from New Orleans City Hall to redevelop the former Six Flags site.
This group has still not taken possession of the property, citing bureaucracy at the town hall.
But the city says: “The agreements between the city, the Industrial Development Board, the New Orleans Redevelopment Authority and Bayou Phoenix, which will result in the transfer of ownership and control of the Bayou Phoenix site, will be finalized within the next 60 years. . days.”
Bayou Phoenix hopes to have part of the property developed by 2025.