A study from the Greater New Orleans Community Data Center is warning that the post-Katrina money which has protected southeast Louisiana from the worst of the national recession will start winding down. Experts are advising a regional approach to economic growth.
An artist's rendering of the proposed IBM building, which will also include almost 100 river-view apartments.
Construction for the new building will be paid for with a public/private partnership not unlike that of the Shaw Center for the Arts.
Projected cost total for the office building is $30.5 million. The state will finance $14.8 million of that, along with $3 million from the city of Baton Rouge/East Baton Rouge Parish, and and $12.7 million in Community Development Block Grant funds.
The U.S. Department of Agriculture is pushing a new shopping method called “food hubs” to get more local produce to market. Deputy Secretary Kathleen Merrigan made the announcement at the Hollygrove Market and Farm in New Orleans.