The New Orleans Advocate has more on the agreement to sell 65 acres of the Federal City site to Vista Louisiana, LLC to begin development of the property into a world-class mixed use development that includes multiple residential options, office space, retail and green space.
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.