Regional economic development officials announced an extensive expansion to the campus of NASA's Michoud Assembly Facility in New Orleans East. On Feb. 28, ground was broken on the new 50-acre industrial and office park. It'll be called Propel Park and include nearly 1M-sf of warehouse/office space. It represents the first new industrial development in Orleans Parish in more than 20 years. Houston-based IRG is developing the park. IRG has also secured its first tenant - Slidell-based Textron Systems, which has a facility at the Michoud but will be relocating and comprising nearly 33% of the new park’s nearly 300,000-sf first phase. “(T)his project will provide a safe, secure and efficient location to conduct our material logistics operations,” said Ryan Schaffernocker, VP for Sea Systems at Textron. “This project will serve as an excellent complement to our shipyard operations.” (NOLA.com 02/28/23) Industrial park coming to NASA facility in New Orleans East | Business News | nola.com
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