Timeline for Riverwalk Marketplace overhaul is uncertain - FOX 8 WVUE New Orleans News, Weather, Sports

Timeline for Riverwalk Marketplace overhaul is uncertain

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New Orleans, La. - People working to overhaul the Riverwalk Marketplace don't want to commit to their planned 2013 grand opening date.

According to our partners at CityBusiness, the Howard Hughes Corporation says "a lot of moving parts" must fall into place before the project begins. Among the moving parts is an agreement with the city on a possible incentive structure. A City Hall spokesperson says the city is in discussions with the Howard Hughes Corporation about how to help revitalize the riverfront.

Initially, the Howard Hughes Corporation wanted to complete an estimated $70 million renovation of the Riverwalk Marketplace by the end of this year. Now, it's declining to give a time frame for the mall's overhaul.

More than 50 percent of the planned space is committed through executed leases or final agreements.

 

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