by CSB Staff •
March 30, 2016 •
Central Business District, Public Development •
Comments (1) •
Photo via the Downtown Development District
After recently killing the latest effort to redevelop Charity Hospital, word on the street is that the Louisiana Division of Administration’s Office of Facility Planning and Control will be coming out with a Request For Information this summer to eventually hire a consultant to guide the process of redevelopment on behalf of the state.
The art-deco structure has been vacant and abandoned since Katrina flooded it in 2005. There have been several efforts to redevelop it, including one by the Landrieu Administration for a new City Hall and City Center, and another by the state which drew five proposals to redevelop.
The 1 million-square-foot building stands twenty stories tall, and would be a beast to redevelop. The last process to redevelop under Jindal drew five proposals, but Bel Edwards killed them and is now restarting the process.
Everyone expects the redevelopment to include a variety of uses, including a mixed-use of office, retail, apartments and/or condos.
An eight-person committee with appointees from the State Legislature, the city, state, and LSU will hire the consultant and decide on the eventual redevelopment proposals.
Seems like a waste with all of this consultant business. They should just auction the building outright and let the buyer decide what to do with it. The proceeds could be used to pay down state debt and the building can be put into commerce much more quickly than with a drawn out process. That area is heating up so there should be plenty of demand for some sort of residential/hotel combo