wwltv.com

Posted on March 20, 2012 at 6:20 PM

Updated today at 6:37 PM

Katie Moore / Eyewitness News Email: kmoore@wwltv.com | Twitter: @katiecmoore

NEW ORLEANS -- After sitting vacant for years, crews began construction Tuesday on a big, new development in the heart of Mid-City.

So far, the developer has leased the space to a mix of retail and restaurants, and it borders plans for the Lafitte Greenway.

The property at the intersection of North Carrollton Ave. and Bienville Street is one of the hottest pieces of commercial real estate in New Orleans, and a $38 million new development is breathing life back into the once-sleepy site.

I think it's gonna be a big opportunity to really anchor this commercial area on Carrollton Avenue for Mid-City. It's gonna be a hub of activity, said Townsend Underhill, vice president of Stirling Properties.

It's the site of an old Ford dealership, and thats one of the reasons it's taken years to get it re-developed. The land had more than 10 gas tanks underground.

This was an environmentally contaminated site. So, before we could do anything we had to clean up the environmental contamination. So, that was a risk, Underhill said.

Read the original:
Developer breaks ground on Mid-City Market

Related Posts
March 21, 2012 at 2:29 am by Mr HomeBuilder
Category: Retail Space Construction