The Industrial Development Board has formally scrapped a plan to build an upscale outlet mall at the former Six Flags site and will begin soliciting other ideas for redeveloping the abandoned theme park site in eastern New Orleans by the end of the year, board Chairman Alan Philipson said Tuesday.
Just over a year after the board signed a two-year deal with the joint development team of Provident Realty and DAG Development to turn the site into a shopping center, Philipson said the lease agreement has been terminated.
The IDB, which owns the property, is talking with Aimee Quirk, Mayor Mitch Landrieu’s adviser for economic development, to determine how new proposals will be solicited, Philipson said.
By law, the city is required to issue a public request for proposals to solicit ideas for using property it wishes to redevelop, board counsel David Wolf said.
However, the IDB is not a political subdivision and so is not subject to bid laws and other rules that cities and parishes must follow to dispose of surplus property, Wolf said.
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