Contractors have nearly completed the demolition phase of a $70 million renovation project at the Riverwalk Marketplace in New Orleans. The facility is being renovated to accommodate a new factory outlet mall, the first of its kind to be constructed in the downtown area of a major city.
The Outlet Collection at Riverwalk project is being headed by Dallas-based development company Howard Hughes Corp. Mark Bulmash, the firm’s senior vice president of development, says they are constructing an additional 50,000 sq-ft to the building to meet the needs of factory outlet retailers. To add the space, they are expanding the second level of the center by up to 90 ft in some areas.