Economic Development

BioDistrict New Orleans is focused on creating and sustaining an economic development engine for our community through globally competitive bioscience and environmental research and development. This economic development will create high paying sustainable new jobs for the city of New Orleans over the next eight to ten years, not only in the biosciences, but also in banking, law, construction and a plethora of other service industries that stand to benefit. By encouraging public-private partnerships and collaboration between our cornerstone institutions, the BioDistrict will create a sustainable and resilient innovation economy for the greater New Orleans region.

The estimated economic impact of the BioDistrict over the course of 15-20 years is:

• 34,000 direct and indirect jobs
• 3,600 annual construction jobs
• $3.3 Billion in Economic Activity
• $2 Billion in increased Personal Earnings
• $1.9 Billion in State Sales Tax Generated
• $1.4 Billion in Local Tax Generated
• 11.6 Million Square Feet of New, Absorbed or Renovated Buildings
• 2,000+ Housing Units
• 125 Extended Stay hotel rooms

Executive Summary 2013

Downloadable Brochure 2013

Relevant Economic Development Links:

• Raising the Bar: Innovative Healthcare Program Fosters Collaboration, Education -- February 27th at 12:00pm
• BioDistrict New Orleans: Growing the Biosciences Economy in Your District
• BioDistrict New Orleans: Growing the Biosciences Economy, Council District Breakdown
• New Orleans biodistrict could create jobs, grown earnings in the region

Workforce

BioDistrict New Orleans works to provide educational training and workforce development opportunities based on the emerging jobs in our community focused on biotechnology, bioscience, and medical research and development. It is essential that we expand local employment opportunities that provide the foundation for viable careers. Some of BioDistrict New Orleans’ current workforce development projects include incumbent worker training, curriculum development, bringing together government and educational entities to expand exposure to the healthcare industry in elementary and secondary schools, writing grants to bolster research opportunities, and locating the new Math and Science Charter High School in the BioDistrict.

Relevant Workforce Links:

• CAHIMS Training Session April 13, 2013 Registration
• BioDistrict New Orleans Forms Strategic Career Training Collaboration with HIMSS (Healthcare Information and Management Systems Society) in Advance of 2013 Conference
• Focused on Career Training in Health IT, BioDistrict New Orleans and HIMSS Collaborate
• A "New Chapter" in Louisiana's Biotech Industry
• Job Creation, Education and Training
• Annual Bio Summit January 14th 2011
• BioDistrict New Orleans: Growing the Biosciences Economy in Your District
• Demographic And Economic Baseline Report
• Louisiana Department of Education to Expand Biotech Training in New Orleans Area
• Mayor Landrieu & Greater New Orleans Foundation Announce New Grant To Fund Workforce Development For Biotech And Health Care Jobs
• New training for over 20K high paying New Orleans jobs

Community

The BioDistrict will anchor a vibrant, mixed-use urban community containing the healthiest, smartest and most sustainable neighborhoods in the country, all the while retaining what is and has always been unique to the culture of New Orleans. It is of utmost importance that the BioDistrict creates a managed environment to live, work, and invest.

Relevant Community Links:

• 1600 Canal Street Building purchased, poised for redevelopment
• Whole Foods chooses North Broad Street location for new store
• BioDistrict and N.O. Film Society Host Locals and Visitors for Film Screening and Networking Event
• Apartments, stores planned on Loyola Avenue near Superdome
• BioDistrict Master Plan Alternatives

Leadership

A major component of creating a healthy, smart and sustainable BioDistrict in New Orleans is for its representative state agency to serve as a leader of advocacy that will solidify improvement, opportunity and real results. The BioDistrict serves  as the ongoing ambassador and liaison between the city, state and federal government, private businesses, and educational institutions.

Relevant Leadership Links:

• FOX 8 -- BioDistrict N.O. focuses on training, new funding source
• Raising the Bar: Innovative Healthcare Program Fosters Collaboration, Education and Economic Development
• LEED Buildings within the BioDistrict
• BioDistrict New Orleans Embarks on the 2011 International BIO Conference
• BioDistrict President & CEO James McNamara Gives Updates on WVUE-TV
• BioTech II: Annual Luncheon for BioDistrict New Orleans
• Destination Health Care
• Emerging Biodistrict Could Remake the New Orleans Economy
• Ground Broken on New Orleans Mega Hospital
• BioDistrict on WDSU-TV