Leaders of the Algiers Development District (ADD) and the YMCA of Greater New Orleans jointly released plans centered on the future of the Fitness Center located at Federal City. The YMCA has operated the $6.1 million facility since 2012, and has approximately 800 members.
The YMCA notified ADD that they will no longer remain as the operator at the Federal City location. ADD and the YMCA have agreed to work out a transition plan. All essential employees will stay to operate the fitness facility as part of the transition. ADD and the new master Developer—Vista Louisiana, have already met with for-profit entities that have expressed interest in operating the facility. There will be more information coming as exact details regarding the transition plan emerge.
“First and foremost there will be no disruption in services to the 800 plus members that use the facility daily as a fitness center,” said Kathy Lynn Honaker, the Executive Director at ADD. “We at ADD are proud of our commitment to support and enhance the YMCA’s community- centric business model during their time at Federal City. Since before the YMCA opened in May 2012, we have invested a total of $6.1 million in the construction of the building, including $81,000 in new workout equipment, and we are continuing to enhance the facility with an expanded workout facility and heated pool due to open this summer. We respect the YMCA’s decision and wish them nothing but the best of luck with their remaining locations that continue to run and operate in the Greater New Orleans area.”
“The ADD team has been a great partner for the YMCA,” says YMCA President/CEO Gordon Wadge. “Our organizational mission is to build strong kids, strong families and strong communities and, in keeping with that mission, we are committed to working with ADD to make this transition a smooth one for current members as well as for the community at large.”
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The Algiers Development District of the City of New Orleans is a special taxing district (TIF) created by state legislation. The special taxing district is comprised of all territory within the fifteenth ward (Algiers) of Orleans Parish, State of Louisiana. The district has been designated as a local redevelopment authority for Federal City military base realignment purposes and has been authorized to incur debt, including revenue bonds from revenue sources for its enumerated purposes.
Algiers Development District
Vision: Advancing Algiers to be the best…for our residents, schools, businesses and community.
Mission: To provide professional leadership governed by the highest ethical principals in the development of a world-class community for Algiers residents, schools and businesses.