[CPEO-IRF] Louisiana considers New Orleans plan

[Lenny Siegel <lsiegel@cpeo.org>]

Opinions differ on impact of BRAC, Federal City plan

Keith Brannon
BizNewOrleans
August 25, 2005

NEW ORLEANS — Louisiana’s top economic development official said today 
that the state needs more information from the federal government before 
it will commit money to a proposed Federal City complex in Algiers.

The state’s offer to build the complex to house operations from the 
Naval Support Activity is what prompted the Base Realignment and Closure 
Commission yesterday to recommend sparing the base if the state can come 
up with financing by late 2008.

But state Economic Development Secretary Michael Olivier said officials 
are waiting to see whether or not the number of actual jobs and economic 
impact of the project justifies the expense.

“The economic impact is what we are after,” Olivier said. “We know what 
the economic impact (of the Naval Support Activity) is right now. We 
have to retain that. So if that is maintained, we will go forward with 
Federal City and grow it.”

Meanwhile, a consultant with the Spectrum Group of Virginia, which 
assisted the state in preparation for the BRAC process, said today that 
he believes Louisiana remains committed to the development project.

...

For the entire article, see
http://bizneworleans.com/109+M5453af311a5.html


--
Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
http://www.cpeo.org
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