Categories: Business

Audubon Riverfront Project Experiences Nearly Double the Expected Costs

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Construction is set to begin late this summer on the first phase of a project to transform two old wharves on the edge of the French Quarter into a public park with riverfront access, a long-awaited dream of city leaders. The Audubon Nature Institute, partnering with the city on the project, revealed that the cost estimates have ballooned, with the first phase alone now estimated at $30 million, bringing the total project cost closer to $50 million.

The Riverfront for All project aims to create 2.25 miles of continuous riverfront access by revamping the old Gov. Nicholls Street and Esplanade Avenue wharves into green space, recreational areas, an open-air shed, and a multi-use path. The project, initially estimated at $15 million, faced delays during the pandemic, causing costs to double by last summer.

Despite the challenges, Audubon President and CEO Ron Forman remains optimistic about the project’s progress. The first phase will focus on the Gov. Nicholls Street wharf, with plans for a multi-use path along both wharves. The Esplanade Avenue wharf will undergo redevelopment in the second phase.

While the project faces funding and maintenance challenges, Forman is confident in raising the additional $20 million needed to complete the project through donations and private sources. The park’s annual operation and maintenance costs are estimated at $1.5 million, with Audubon taking charge of upkeep.

As construction begins, Audubon officials are working on finalizing details such as parking arrangements and hiring a construction manager. The project’s vision remains intact, with minor tweaks being made as it progresses towards completion.

Team@GQN.

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