[CPEO-IRF] New Orleans' "Federal City"

[Lenny Siegel <lennysiegel@gmail.com>]

Revitalizing excess property

By TIM KAUFFMAN
Federal Times
September 10, 2007

Two years ago, the Defense Department recommended shutting down the 
Navy's 225-acre support base in New Orleans. Relocating workers to other 
cities would save the department $276 million in 20 years, but the loss 
of nearly 2,100 jobs would be devastating for the region.

So local politicians fought hard to save the base and turned for help to 
retired Marine Corps Gen. David Mize, who previously headed one of the 
base’s main tenants, the Marine Corps Reserve.

Thanks to some innovative partnering, financing and leasing arrangements 
that Mize proposed, the 100-year-old base will breathe new life as home 
to numerous federal offices and be completely redeveloped at no cost to 
the government.

Mize hopes the project, dubbed Federal City, will set the standard for 
how defunct bases can be turned into viable developments for both the 
government and local communities.

...

For the entire article, see
http://federaltimes.com/index.php?S=3026828

--


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
<lsiegel@cpeo.org>
http://www.cpeo.org


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