- November 6, 2014
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Two businesses are considering leasing space at the Federal City project in New Orleans, and negotiations are underway with a third, officials said this week during a meeting of the Federal City Joint Development Committee. The real estate management firm trying to attract businesses to Federal City, the redevelopment of the former Naval Support Activity New Orleans, has sent lease proposals to two potential tenants, reported the Times-Picayune. “So we expect a lot of movement here in the next few weeks,” said Christian Brierre, a consultant for the Algiers Development District, which owns the property. The businesses would occupy the ground floor of the parking garage built next to the Marine Corps support facility that anchors the project. Only three of the 15 retail spaces on the garage’s ground floor are occupied. The Algiers Development District is looking for businesses that could serve the personnel at the headquarters for Marine Forces Reserve and Marine Forces North.