In 2000, the New Orleans City Council created the New Orleans Building Corporation (NOBC), a public benefit corporation charged with managing and developing under-used, deteriorated, or vacant City properties. Working with the City Council, NOBC identifies public properties with economic or cultural potential, determines development options, and guides the redevelopment effort.

Mission:
The mission of NOBC is to monetize the City's latent real estate assets to generate money and reinvest it for greater economic growth in New Orleans. NOBC takes an entrepreneurial approach to fulfilling its mission by serving as a catalyst for projects and overseeing their execution.

Structure:
A seven-member Board of Directors governs the NOBC. This Board consists of the Mayor, two Councilmembers-at-Large, one District Councilmember, and three citizens. NOBC limits staff overhead and employs expertise of local legal, financial, real estate, and construction consultants to benefit specific projects.

board of directors | staff | website map