1487 replies to this topic

[djp4lsu]

sgray, on Aug 20 2008, 03:35 PM, said:

52 story 325,000 sf multi-residential building.  What might this be?  Trump?

bidclerk

Trump is still supposed to be 70 stories isn't it?

[tennis1400]

Who knows what project that is referring to! Also, anyone think that Gustav could be a help to the area showing that our levees are better prepared? If it comes near and isnt to bad of a storm there may be some upside from it! Anyway, best hope for a non event!

[nolamedic08]

tennis1400, on Aug 28 2008, 09:21 AM, said:

Who knows what project that is referring to! Also, anyone think that Gustav could be a help to the area showing that our levees are better prepared? If it comes near and isnt to bad of a storm there may be some upside from it! Anyway, best hope for a non event!

Looking at the map on bidclerk, the development is out on Jefferson Hwy.  Could it be the St. Raymond project?

[tennis1400]

Maybe its been combined into one tower then!

[nolamedic08]

I don't think I've heard/read about any new projects being developed in that area.  Possibly, they are doing it in phases; one tower at a time.

[sgray]

I'm pretty sure the maps available on Bidclerk for non-subscribers are inaccurate as is a lot of the other information there.  They've announced many projects that never came to fruition. I'd still like to know what is the Genesis for this 52 story building.

[sgray]

This is not very encouraging for the WTC and other big projects downtown.


link

[tombarnes]

That's not an encouraging article.  However, I do like the thought of HRI possibly being involved in the project if Full Spectrum decides to bow out.  I think that HRI's record is soild, but the bit about public money being necessary may not be a good sign of things to come.  I hoipe everything works out for the WTC project.

[sgray]

Here's another disappointing article indicating that
Trump is probably another year away.

[TSmith]

sgray, on Sep 7 2008, 10:00 AM, said:

Here's another disappointing article indicating that
Trump is probably another year away.

Yeah unfortunately, I don't see this happening anymore. Just delaying the inevitible

[blackcoat]

A small bit of good news:  Rouses plans to open a grocery store in the Marigny.  I also have reliable word that a serious plan is in place for a grocery in the Warehouse District, but there are no public details to share at this time.  Even if we don't get a shiny new tower in the CBD, perhaps we can take some comfort in the small quality of life improvements for people in the city.

Edited by blackcoat, 09 September 2008 - 12:14 AM.

[SlidellWX]

Financing is hard to come by for most any project pretty much anywhere in the nation right now.   Unfortunately, the market crash coincided with a flurry of projects on the drawing board for NOLA.   The good news is that smaller projects are continuing.  It's the big projects that are slowed the most.

[djp4lsu]

blackcoat, on Sep 9 2008, 01:12 AM, said:

A small bit of good news:  Rouses plans to open a grocery store in the Marigny.  I also have reliable word that a serious plan is in place for a grocery in the Warehouse District, but there are no public details to share at this time.  Even if we don't get a shiny new tower in the CBD, perhaps we can take some comfort in the small quality of life improvements for people in the city.

I had heard awhile back that someone was planning to put a grocery store in the former Sewell building. I wonder if that project is still moving forward? I agree, any improvement is greatly appreciated.

[tennis1400]

Thats probably what all the delays are really for anyway! Most developers are just waiting for the national lending environment to improve and then they will be ready to go. Unfortunately, I think the US is heading for at best a mild recession and possible something worse. Bank lending and credit was so easy a few years ago( and it shouldnt have been). The problem is that lending is heading in the other extreme and legitimate projects are still having problems getting financing. Best case scenario, Lets hope for construction by the close of this decade!

[sgray]

More news of credit woes.  Is this what the Tracage delay is really about?  Trump too?


link

[TSmith]

Probably... but this bailout will probably give both projects a green light. At least I hope.

[jca1986]

TSmith, on Sep 24 2008, 03:51 PM, said:

Probably... but this bailout will probably give both projects a green light. At least I hope.

Doubt it.....Trump had a number of reservations pulled.  The economy sucks and the last thing any bank wants to do is invest in a huge condo project.  Condos are still getting mauled whether it be trump or tracage.   Call me crazy but if Trump still believed in this project wouldn't it already be built?  The guy has enough money to back the condos, and he could sell management rights to the hotel part.  The economy is what is keeping these 2 projects down.

Edited by jca1986, 25 September 2008 - 08:44 AM.

[TSmith]

jca1986, on Sep 25 2008, 09:42 AM, said:

Doubt it.....Trump had a number of reservations pulled.  The economy sucks and the last thing any bank wants to do is invest in a huge condo project.  Condos are still getting mauled whether it be trump or tracage.   Call me crazy but if Trump still believed in this project wouldn't it already be built?  The guy has enough money to back the condos, and he could sell management rights to the hotel part.  The economy is what is keeping these 2 projects down.

I agree. I was thinking more along the lines of personal financing options for the prospective buyers, not necessarily the developers.

[nola17]

Superior Energy Services relocates its headquarters downtown.

[sgray]

More marketing for the Trump project.  Will this building ever be built?