By Susan Langenhennig April 25, Here he shares his thoughts about preservation and local economic development. Interested in getting more preservation stories like this delivered to your door each month? Become a member of the PRC for a subscription! The brand of New Orleans is a unique and effective competitive advantage in the economic development process.
The architecture and urban fabric of New Orleans are fundamental parts of this brand. So, yes, historic preservation of key elements of the architecture and urban fabric of New Orleans is fundamental to long-term economic development success. While prices are rising, New Orleans is still twice as affordable as top coastal cities, with as much or more cultural richness.
Basically, New Orleans is San Francisco at half the cost, but with nicer people. Flood insurance costs are currently reasonable, and, so, in fact, make the local economy possible. It is important that they stay that way! Our National Flood Insurance priorities for include a long-term reauthorization five years or more , with reforms that include:. Their final deliverable will be a strategic action plan for GNO, Inc. My mother is from New Orleans; my maternal family is originally from Donaldsonville.
Three things I love the most about New Orleans:. Do you view historic preservation as economic development for the city? What are the biggest factors attracting young professionals to our city?
GNO Inc. Congress and FEMA should use state-of-the art technology to accurately and simply communicate flood risk. Federal, state and local governments should prioritize investments in mitigation, as should home and business owners Increased Participation: Adopting policies that encourage more people to carry flood insurance will ensure a greater understanding of flood risk, help individuals and communities recover more quickly and fully following a flood event — and ensure a more sustainable NFIP.
