New Orleans, LA — The New Orleans Downtown Development Authority is poised to launch a new development for the city’s historic area, as part of a $300-million revitalization effort that will bring more than 2,300 homes for the area’s historic districts to the city.
The project, called Cascadia Park, is part of the citys revitalization efforts and is scheduled to open in 2017, according to a news release.
The $200-million development is a new park designed by New York-based architecture firm Houghton Mifflin Harcourt.
The development will be located at the intersection of Louisiana Street and Tulane Avenue, between the Louisiana Street-Houma Street Historic District and the Tulane Historic District.
The park will feature several parks, a public garden and a plaza, among other amenities.
The park will offer up to 2,500 units, with approximately 1,200 residential units.
The residential units will be clustered in three different types of units: 1,500 single-family homes and 1,000 two-family units, the release said.
New Orleans Mayor Mitch Landrieu announced the plans in November to redevelop the historic neighborhoods of the Downtown and East New Orleans districts.
The development is part to the revitalization of the neighborhoods, Landrieus said at the time.
Cascadia and Tulanoas Historic Districts are part of New Orleans’ historic district.
They are home to more than 100 historic structures, including the original French Quarter, the World’s Fair in 1876 and the city of New York.
The districts were designated as a National Historic Landmark in 1972.
The city is also working on a plan to redevelop a number of smaller historic neighborhoods in the city, including areas along the Mississippi River.