Construction has kicked off on the long-vacant Naval Support Activity East Bank site in the Bywater. The project is anticipated to be the largest affordable-housing investment in Louisiana’s history, with $197 million allocated for housing. It also features a Newlab-anchored industrial and energy innovation space.
The development’s initial phase includes 294 affordable housing units, with 74 of these supported by project-based vouchers. Around 30,000 square feet of ground-floor retail will complement the residential component. This mixed-use redevelopment aims to revitalize the riverfront area, serving as a significant catalyst for the neighborhood.
Brian Gibbs Development leads the project alongside Lincoln Avenue Communities as the affordable-housing partner. The innovation hub will be anchored by Newlab New Orleans. Additional partners include Greater New Orleans, Inc., Louisiana Economic Development, and the City of New Orleans.
Described as a public-private partnership, the project involves both state and city economic support. Specific financing instruments and incentives remain unspecified, although the engagement of local and state entities underscores their commitment.
The construction will proceed in multiple phases, although specific completion dates or phase schedules have not been disclosed. The project is expected to bring significant economic and infrastructural transformations to the Bywater area, impacting housing supply, workforce development, and community connectivity.
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