New Orleans’ Lakefront prime for a wave of development After years of neglect, and the damage wrought by Hurricane Katrina, New Orleans’ Lakefront seems to be surging back.
Local real estate expert, Wade Ragas, says the Lakefront, from east of Elysian Fields as far east Little Woods, has long been an overlooked and underdeveloped asset. “There’s only so much waterfront available in the New Orleans area,” says Ragas. “And, for a variety of reasons, we haven’t fully utilized the waterfront in Jefferson. So, that leaves the opportunity for Orleans.”
Now, it appears the opportunity to restore the lakefront as a major recreation destination is being grasped by a number of developers and individuals. “We’re beginning to see more in the way of restaurants, but not, necessarily the exact old site of West End where there’s more storm surge risk,” Ragas says.Read More