Creating synergy within the River District can propel New Orleans from a 3rd tier to a 2nd tier city

Newell talks about developers having officially closed on financing for the Rivana Apartments, a $111 million affordable housing complex that will serve as the first major residential piece of the massive River District development in New Orleans. The financial closing allows the lead contractor, Gibbs Construction, to immediately begin fencing off the site in the 1400 block of Tchoupitoulas Street and prepare to drive pilings, with construction expected to begin this month.