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BioDistrict Economic Impact Analysis Dr. James A. Richardson issues an updated report indicating a much greater impact The BioDistrict master plan and assessment of university strengths indicate the potential for over 11 million sq. ft. of new development and renovation over of the course of the 20-year plan, a significant portion of which is underway already and will occur over the next 5-year period. The BioDistrict currently has more than 70,000 employees in all trades within the geographic area, and an estimated 15,000 employed by the major institutions of the District. As a result of the investments and implementation of the master plan recommendations, more than 36,000 net new, ongoing and construction jobs in the region are estimated for year 20 of the plan, nearly 21,800 of these at the end of five years.  Other associated impacts include: - Around $4 billion of capital investment over the course of the master plan;
- Local Personal Earnings of $2.6 billion over the first five years, and a total of $26.185 billion over the full, 20-year timeframe after full buildout and development of the R&D program(s);
- State and local taxes of $3.352 billion over 20 years, or an average of $167 million per year over the entire timeframe (State: $1.911 billion total/~$95 million per year; Local: 1.440 billion/~$72 million per year)
Clearly, these estimates demonstrate a high rate of return on the dollars to be invested in the BioDistrict enterprise and infrastructure support. This will require a long-term and sustained commitment that will span a generation of New Orleanians. However, along the way, we will see the dream unfold as students begin to form the future workforce to propel us to the highest levels of the new knowledge-based economy. To read the full report on the economic impact of the BioDistrict, Click Here |
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Convention Opens Today
It's not too late to register and participate!
BioDistrict New Orleans to Host AURP
Developing the Culture of Innovation and Entrepreneurship
The New Orleans Convention is gearing up to be one of the best ever. The first time attendees have skyrocketed illustrating the growing interest in New Orleans and what we are doing to rejuvenate this city. We have oversold rooms at the Ritz Carlton and are now spilling over into two other hotels.
Click here for information on the convention and registration to attend.
SPECIAL OFFER
Click here for the special session on
"Building the Louisiana Community of Innovation"
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Spotlighting the Bioscience Industry
As part of their realign, pharmaceutical and biotech companies are shifting operations away from isolated suburban campus parks and making huge investments in cities with bioclusters where direct connectivity to the rich talent pools and infrastructre are in place.
Pfizer's Rod Mackenzie said recently, "The micro environment really matters. It is really helpful if you are right next door to scientists and other institutions."
We plan to do even better, by including a new Math & Science High School, expanding Delgado Community College and pre-certifying development sites for new constriction. We are working with the City and the Greater New Orleans Foundation to create the model program for workforce training and development. We are also working with the City and the New Orleans Business Alliance on small business development and retailing opportunities to advance the overall plan to create a livable community where the workforce is within walking distance or public transit routes to the employment centers.
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Board Member Spotlight
Commissioner and Treasurer Nolan A. Marshall, III BioDistrict New Orleans is proud to recognize Commissioner Nolan A. Marshall, III in this issue's Board Member Spotlight. Commissioner Marshall is the former Associate Director of Common Good and CEO of NĀM-IT LLC and is currently the Managing Consultant of Good Citizen, a New Orleans based firm specializing in community relations for public schools. 
Commissioner Marshall has served on numerous boards and commissions including serving as the President of the Young Leadership Council, President of the board of trustees at Einstein Charter School, the Audubon Nature Institute, New Orleans City Park Commission, the Human Relations Commission, the Citizens for 1 Greater New Orleans Resource Council, the New Orleans Crime Coalition and Court Watch NOLA.
After graduating from Isidore Newman, he received a Presidential Scholarship and graduated from the School of Business and Industry at Florida A&M University in 2001. In 2009 Commissioner Marshall received the Fritz Wagner prize for academic achievement and community service in Graduate Urban Studies at the University of New Orleans.
Commissioner Marshall serves as the Secretary and Treasurer on the BioDistrict board and brings a wealth of knowledge that will continue to serve the District and the City of New Orleans well.
Special Congratulations to Commissioner Marshall for being cited as one of Gambit's 40 under 40! |
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Emerging Leaders Profile
Mr. M. Blaine Lindsey, Esq
Emerging Leaders are individuals who are taking up the charge of advancing the development of the bioscience industry cluster beyond just new buildings and into actual job creation and economic growth for our city and region.
Blaine W. Lindsey, JD, MPH, is a New Orleans-based client services director with business development, client management, project management, and strategic consulting expertise with a particular focus on healthcare reimbursement, compliance, and biotechnology commercialization. As a strategic directing consultant for the consulting arm of a Fortune 25 healthcare firm, Blaine specializes in advising health industry companies on reimbursement, health reform, health policy, and commercialization issues.Blaine has previously practiced healthcare regulatory and reimbursement law at a major international law firm where his clients included a range of hospitals, long-term care providers, healthcare private equity investors, and pharmaceutical/device firms.
After attending LSU, Blaine earned a JD, with honors, from Emory University School of Law and an MPH in Health Policy and Management from Emory University Rollins School of Public Health. Blaine frequently presents to conferences and the media on topics surrounding the regulation of the business of healthcare and biotechnology.
He is now a member of the Emerging Leadership with the BioDistrict and biosciences community in Louisiana. |
DID YOU KNOW: THE BIODISTRICT IS PROJECTING MORE THAN 11 MILLION SQ. FT. OF NEW CONSTRUCTION IN THE NEXT 20 YEARS?
But where and how do I connect with the employers and the opportunities?
BioDistrict New Orleans has created a special group on LinkedIn called Bio New Orleans where professionals and employers can post job opportunities, discuss research findings or industry trends and network with other professionals in the biosciences industry.
As of today, we have posted six new jobs openings and more will follow as the community builds. In five weeks, more than 130 multi-disciplined professionals have joined and started sharing ideas, leads, knowledge and contacts. This is how clusters are formed, thrive and take on a life of their own. |
For more information, please visit www.BioDistrictNewOrleans.org
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We Are Social
Stay in touch:
Website
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BioDistrict's
New Office 
1515 Poydras St
Suite 150
New Orleans 70112
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New Openings:
PJ's Coffee
in the BioDistrict
1515 Poydras Street corner LaSalle Street
This past week, I saw members of the White House SC2 team having coffee and discussing future development plans for the city. -------------------- |
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New Orleans BioInnovation
Center
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COMING SOON:
Louisiana Cancer
Research Consortium
New Orleans
 Opening Jan. 2012
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 | | Joy Theatre - 1947 |
COMING SOON:
The Joy Theatre
Opening
December 2011
Creating the livable community.
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BioDistrict's Newsletter Circulation tops 225,000 healthcare and biotech professionals worldwide!
Sponsorships available
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TRAFFIC ALERT!
RTA Lane/Intersection Closures Announcement:
Beginning Nov. 14, 2011, the two left lanes nearest the neutral ground headed downtown on Loyola Avenue between Gravier Street and Cleveland Avenue will be closed. The right lane and parking lane headed uptown on Loyola Avenue between Gravier Street and Cleveland Avenue will be closed.
On Loyola Ave., two lanes of traffic headed downtown and two lanes of traffic headed uptown will be open at all times.
Tulane Avenue will remain open at the Loyola Avenue intersection at all times in each direction.
This proposed work schedule will end Jan. 16, 2012.
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