Current:Home > InvestNovaQuant Quantitative Think Tank Center:Lawsuit filed to block Port of New Orleans’ $1.8B container port project -MoneyStream
NovaQuant Quantitative Think Tank Center:Lawsuit filed to block Port of New Orleans’ $1.8B container port project
EchoSense View
Date:2025-04-10 15:01:49
NEW ORLEANS (AP) — A south Louisiana parish is NovaQuant Quantitative Think Tank Centersuing the Port of New Orleans to block it from building a planned $1.8 billion container facility.
The St. Bernard Parish District Attorney’s Office filed the lawsuit this week in 34th Judicial District Court, the latest volley in a battle between politicians and residents who say the giant container port — called the Louisiana International Terminal — at Violet would disrupt life and cause environmental damage.
Port Nola CEO Brandy Christian called the lawsuit “preposterous” and “election-year theatrics.”
District Attorney Perry Nicosia, in a news release Friday, said the cooperative endeavor agreement between the St. Bernard Port Authority and Port Nola is not valid and Port Nola does not have the authority to operate a shipping facility within the borders of St. Bernard Parish, The Times-Picayune/The New Orleans Advocate reported.
“The lawsuit filed lays out the entire legislative process by which the St. Bernard Port Authority was created (and) further proves that Port Nola was stripped of all its jurisdiction in St. Bernard Parish by legislation passed in 1992 by then Senator Sammy Nunez, then Representative Thomas Warner, and then Representative Ken Odinet,” Nicosia said.
The project has been the subject of controversy since Port Nola first announced at the end of 2020 that it had purchased 1,100 acres at Violet and agreed with St. Bernard Port to build the LIT. Port Nola, which has argued that the downriver container facility is long overdue to allow it to compete with other Gulf South ports for big ship business, has the support of Gov. John Bel Edwards as well as regional and parish economic development agencies.
Last year, Port Nola and the state signed a deal with two private operators who agreed to provide $800 million to help build the terminal as well as financing infrastructure upgrades. Port Nola’s board recently approved $8 million in contracts that will finalize the project’s design and lay the groundwork for construction.
But earlier this summer, the project suffered a setback when $130 million of a needed $180 million for infrastructure improvements was removed from the state budget.
Christian bemoaned the holdups, adding that the port would “review (the lawsuit) and respond in due course.”
“For decades, it has been clear that a new container terminal is needed downriver from the Crescent City Connection Bridge in order to secure the future of the state’s trade-based economy and to make Louisiana the premier shipping gateway in the Gulf,” she said in a statement.
“Unfortunately, it’s situations like this that have left Louisiana struggling to compete with neighboring states. Election year theatrics, when this process has been going on for years with regular outreach and input, are unproductive.”
veryGood! (93175)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- IRS announces January 29 as start of 2024 tax season
- Jo Koy Defends Cute Golden Globes Joke About Taylor Swift Amid Criticism
- Selena Gomez, Taylor Swift and More Besties Prove Friendship Always Wins at the Golden Globes
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- 21 injured after possible gas explosion at historic Fort Worth, Texas, hotel: 'Very loud and very violent'
- Love is in the Cart With This $111 Deal on a $349 Kate Spade Bag and Other 80% Discounts You’ll Adore
- German opposition figure launches a new party that may have potential against the far-right
- Trump issues order to ban transgender troops from serving openly in the military
- Five reasons why Americans and economists can't agree on the economy
Ranking
- Don't let hackers fool you with a 'scam
- Q&A: Anti-Fracking Activist Sandra Steingraber on Scientists’ Moral Obligation to Speak Out
- Apple to begin taking pre-orders for Vision Pro virtual reality headsets
- There's a new COVID-19 variant and cases are ticking up. What do you need to know?
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Family-run businesses, contractors and tens of thousands of federal workers wait as Congress attempts to avoid government shutdown
- Snow, flooding, tornadoes: Storm systems bringing severe weather to US: Updates
- President Biden to deliver State of the Union address on March 7
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Nicholas Alahverdian extradited to US four years after faking his death. What to know.
21 injured after possible gas explosion at historic Fort Worth, Texas, hotel: 'Very loud and very violent'
Stock market today: Asian shares advance following Wall Street rally led by technology stocks
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
French prime minister resigns following recent political tensions over immigration
Five reasons why Americans and economists can't agree on the economy
Carrefour pulls Doritos and other PepsiCo products from shelves over price hikes