The group that purchased the former Times-Picayune building for $3.5 million obtained City Planning Commission approval yesterday (Feb. 7) for a zoning change that provides for a very liberal use of the land, including outdoor amusement, entertainment, residential, and other mixed-use projects.
The commission voted 6-1 to approve a zoning change from a BIP business industrial park district to MU-2, a high-intensity mixed-use district.
The new owner, 3800 Howard Investors LLC, is made up of businessmen Joe Jaeger, Barry Kern of Mardi Gras World, and businessmen Arnold Kirschman and Michael White.
According to nola.com, Mike Sherman, a land-use attorney working with the owners, said that “the owners are working with a specific potential tenant.” Notice he didn’t say that were speaking with a developer to redevelop the land, he said a specific potential tenant. What kind of tenant would want 9 acres? Maybe a large, outdoor, amusement/entertainment facility?