by CSB Staff •
November 7, 2016 •
Acquisitions, Public Development, Warehouse District •
Comments (0) •
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The Ernest N. Morial Convention Center recently approved a deal to purchase the former Louisiana ArtWorks building on Howard Avenue.
According to The Advocate, the convention center board authorized the acquisition of the 94,000-square-foot building for $8 million from its current owner, the New Orleans Culinary and Hospitality Institute.
Despite purchasing the building, the NOCHI project never got off the ground.
The Convention Center will put $4 million in to the building, and lease it to NOCHI with the hopes that they can raise enough money to actually get the program off the ground. According to The Advocate, if NOCHI cannot, then the convention center will look to reposition it for other uses in the future.