Profile: We See You. River District Neighborhood Investors (RDNI)
In March of 2021, the Ernest N. Morial New Orleans Exhibition Hall Authority chose River District Neighborhood Investors, LLC, comprised of partners Lauricella Land Company, Cypress Equities, JCH Properties+, VPG Enterprise, CLB Porter, Brian Gibbs Development, and Webre Consulting, as the master developer to convert one of our city’s last vast vacant pieces of land along the Mississippi River into The River District.
This diverse, sustainable, and dynamic neighborhood will serve as a model for how neighborhoods should work. The partnership also includes two construction affiliates, Boh Bros. and Gibbs Construction. Together, they are committed to developing the New Orleans River District with almost exclusively New Orleans talent.
The River District will feature best-in-class sidewalks, bike paths, and green spaces. It will revitalize the 40+ acre tract of vacant land along the riverfront as an energetic hub of commerce, trade, culture, history, and community.
The development is expected to generate $43 million of net new annual tax revenues, more than $1 billion of annual economic activity, 9,000 new projected construction jobs, and nearly 6,000 projected permanent jobs for the entire development.
“We couldn’t be prouder to be on the front lines, working to elevate our great city,” said Louis Lauricella. “We need it to build confidence in our community, to enhance our economy, and to create a new neighborhood that celebrates our uniqueness and offers a place anyone can call home.”