A quiet transformation is redefining economic development in Louisiana, as regional organizations assume a more hands-on role in shaping outcomes, reports 10/12 Industry Report in its latest issue.
Perhaps no group exemplifies this unique approach better than Greater New Orleans Inc. Under the high-profile leadership of President and CEO Michael Hecht, in just the last year the organization has directed some $70 million in infrastructure projects leading up to Super Bowl LIX in New Orleans, as well as helped advance Port NOLA’s $1.8 billion Louisiana International Terminal in St. Bernard Parish.
And while the group’s ever-increasing involvement in these “mission-critical projects” is unusual from an economic development perspective, it’s rapidly becoming a necessary part of the game. Read more.
