A major tech firm, Newlab, is establishing an innovation hub at the abandoned Bywater Navy base, as announced by Gov. Jeff Landry and New Orleans Mayor LaToya Cantrell. The hub aims to assist tech start-ups in the energy sector and will feature labs and space for growing companies. Co-founder David Belt highlighted the site’s potential for expansion. The base has been vacant since the Navy’s closure in 2011 after being devastated by Hurricane Katrina. Plans also include constructing 294 affordable housing units and 37,000 square feet of retail space, set to begin later this year.
A prominent technology company is establishing an innovation hub at the dilapidated Bywater Navy base. Gov. Jeff Landry made this announcement in Baton Rouge alongside New Orleans Mayor LaToya Cantrell on Monday. The firm, known as Newlab, plans to enhance its collaboration with tech start-ups by launching a base at the neglected Navy base in the Bywater neighborhood, according to Landry. A Newlab representative indicated that this partnership has been in development for several years. Newlab New Orleans aims to innovate in the energy sector, providing essential technology to those who need it, as noted by David Belt, the co-founder of Newlab. Belt showcased designs of the proposed hub, detailing that it will include labs and expanded spaces for emerging companies focusing on future industrial technology. He mentioned that the Bywater location was chosen for its potential to grow and evolve alongside its partners. “We are proud to be here and excited for what we can build together,” Belt stated. The site has been in disrepair since Hurricane Katrina. The Navy closed the base in 2005 and vacated it in 2011. Since then, the property has been handed over to the city and has remained unused. The innovation hub represents one of several initiatives planned for the abandoned site. Construction could start later this year on 294 units of affordable housing and 37,000 square feet of retail space.
A prominent technology company is establishing an innovation hub at the dilapidated Bywater Navy base.
Gov. Jeff Landry made this announcement in Baton Rouge alongside New Orleans Mayor LaToya Cantrell on Monday.
The firm, known as Newlab, plans to enhance its collaboration with tech start-ups by launching a base at the neglected Navy base in the Bywater neighborhood, according to Landry.
A Newlab representative indicated that this partnership has been in development for several years.
Newlab New Orleans aims to innovate in the energy sector, providing essential technology to those who need it, as noted by David Belt, the co-founder of Newlab.
Belt showcased designs of the proposed hub, detailing that it will include labs and expanded spaces for emerging companies focusing on future industrial technology.
Belt mentioned that the Bywater location was chosen for its potential to grow and evolve alongside its partners.
“We are proud to be here and excited for what we can build together,” Belt stated.
The site has been in disrepair since Hurricane Katrina.
The Navy closed the base in 2005 and vacated it in 2011. Since then, the property has been handed over to the city and has remained unused.
The innovation hub represents one of several initiatives planned for the abandoned site.
Construction could start later this year on 294 units of affordable housing and 37,000 square feet of retail space.